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SK Siltron Investing $302M In Michigan Semiconductor Wafer Plant

Business Facilities

The new semiconductor wafer manufacturing and R&D operation will help meet the demand for electric vehicle components and is supported by a $1.5 The company plans to expand its Michigan operations to increase production of these wafers, which can be used in power system components for electric vehicles.

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SPECIAL REPORT: The Carolinas Are Bringing The Business

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ElectriCities service area. Photo: ElectriCities.). In April, South Carolina’s unemployment rate dropped to 8 percent, its lowest in five years. That same month saw North Carolina’s unemployment rate fall to 8.9 A number of companies have announced expansions and/or relocations to the Carolinas in the recent past.

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INDUSTRY FOCUS: Soaring To New Heights

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The Aerospace/Defense industry reported its third consecutive year of record revenue and profit last year. The uptick came on the strength of a surging commercial aviation market that more than offset a soft defense performance. For 2012, the top 100 Aero/Defense companies reported a record-setting $695 billion in revenue and $59.8

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Feature Story: 2014 Economic Development Deal of the Year Awards

Business Facilities

Aerospace And Defense Archives Articles By Industry Articles By Location Articles By Topic Automotive Business Clusters/Corridors Corporate Headquarters Cover Story Feature Story Featured Post Florida Magazine Magazine Highlights Nevada Pennsylvania Research And Development South Carolina Tennessee Texas U.S. - Far West U.S. -

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FEATURE STORY: Washington Is Aiming Higher

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Washington has long been a leader in aerospace/defense manufacturing, but the state now is getting competition from right-to-work states like South Carolina, which snared Boeing’s 787 assembly facility. They made headlines by committing to hire 2,000 workers in South Carolina by 2020.

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Cover Story: 2014 Business Facilities Rankings Report

Business Facilities

million) to buy equipment that will be housed on campus to train students in robotics, electrical and other high-tech skills required in manufacturing. But converting energy from the sun, wind or water into electricity is only the first step in the migration from fossil fuels to a greener future. power by 2030.

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My Kingdom for a Horse

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The sleek new commercial jet offers unprecedented fuel efficiency thanks to a light-weight but ultra-strong carbon-fiber composite skin and an advanced electrical system powered by a huge lithium-ion battery. Aircraft industry analysts say the cost of fixing the 787′s electrical problems could top $600 million.