Absolics, Inc., a subsidiary of SKC Co. Ltd., broke ground on a planned $600 million investment in Covington, Ga., for a new manufacturing facility that will supply advanced materials to the U.S. semiconductor industry.
The investment will create more than 400 high-skilled jobs in Georgia and help strengthen the U.S. semiconductor supply chain by manufacturing a new material that supports next-generation computing systems.
Absolics’ Georgia site will make a glass substrate – a thin layer of glass on which processing and memory chips can be mounted together to create the brains of a computing system. The material reduces the space required for a multi-chip package, allowing more chips to be packed into a single device.
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The glass substrate is considered a breakthrough because it can significantly increase the performance and energy efficiency of chipsets. SKC and Absolics originally developed the technology as part of a research consortium with the Georgia Institute of Technology. Absolics is expected to be the first in the world to mass produce the material.
The planned investment announced at today’s groundbreaking, attended by officials including Senator Jon Ossoff and Georgia Economic Development Commissioner Pat Wilson, represents an increase from the $473 million originally announced in October 2021. SKC and Absolics raised projections for the investment based on the need for more advanced manufacturing equipment to meet anticipated demand.
“Absolics will be an integral part of the semiconductor ecosystem in the U.S.,” said Dr. Woncheol Park, President and Chief Executive Officer of SKC. “We are pleased to build a factory and create hundreds of jobs that will have a positive impact on the city of Covington and the State of Georgia.”
“I am working every day to bring jobs and business to the State of Georgia,” said Senator Ossoff. “This new plant will create Georgia jobs, support U.S. national security, and bring more advanced manufacturing to our state.”