Absolics has announced that it will receive up to $75 million from the CHIPS and Science Act. The Federal funding will be used to support the construction of a 120,000-square-foot facility in Covington, Georgia. Additionally, the money would be used to aid in the development of substrates technology for use in semiconductor advanced packaging. According to the U.S. Department of Commerce, the “glass substrates produced by Absolics enable smaller, more densely packed, and shorter length connections resulting in faster and more energy efficient computing.” The company, which is a subsidiary of SKC, manufactures glass substrate, an essential component to produce semiconductors.

What people are saying

In a recent quote, Absolics CEO Jun Rok Oh said, “With the support of this proposed CHIPS funding, Absolics will be able to fully commercialize our pioneering glass substrate technology for use in high-performance computing and cutting-edge defense applications. This effort is crucial in establishing a robust semiconductor advanced packaging ecosystem in the State of Georgia and restoring the U.S.’s leadership in semiconductor industry. Our new facility in Covington will not only enhance our ability to produce high-quality glass substrates but also create high-skilled jobs and drive innovation through our partnership with Georgia Tech.” 

Senator Jon Ossoff added, “This is a great day for Georgia’s economic development. When we set out to pass the bipartisan Chips Act through Congress, it was with this exact goal in mind. This historic Federal investment will create Georgia jobs, support U.S. national security, and bring more advanced manufacturing to our state.” 

In a press release, U.S. Secretary of Commerce Gina Raimondo said, “An important part of the success of President Biden’s CHIPS program is ensuring the United States is a global leader in every part of the semiconductor supply chain, and the advanced semiconductor packaging technologies Absolics is working on will help to achieve that goal, while also creating hundreds of jobs in Georgia. Through this proposed investment in Absolics, the Biden-Harris Administration is helping accelerate innovation, advance U.S. technological leadership in semiconductor manufacturing, and generate economic opportunity in the Atlanta area and throughout the state.”   

Manufacturers investing in Georgia

Brightmark invests $950 million to build plastics circularity center in Georgia 
The 2.5 million-square-foot facility will have the capacity to repurpose over 400,000 tons of plastic per year.

GF Casting Solutions invests $184 million to build a new manufacturing facility in Georgia 
The new plant will be used to manufacture cast aluminum parts, with a special focus on large structural components for the automotive industry.

SOLARCYCLE to open $344 million solar glass manufacturing facility in Georgia
The new plant will use recycled materials from retired solar panels to make new solar glass.

Manufacturers receiving funds from the CHIPS Act

Amkor to receive $400 million from the CHIPS Act to build OSAT manufacturing facility in Arizona 
Amkor will invest $2 billion into the new facility, creating 2,000 new jobs in the process.

GlobalWafers receives $400 million from CHIPS Act to increase production of silicon wafers in Texas and Missouri 
The company signed a non-binding preliminary memorandum of terms (PMT) with the U.S. Department of Commerce to help onshore critical semiconductor wafer production.

Rogue Valley Microdevices receives $6.7 million from Chips Act to build new foundry in Florida 
It’s estimated that this new facility will nearly triple RVM’s manufacturing capacity.

Investing in American manufacturing in 2024

This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.