National Grid supports the Wolfspeed facility in Marcy with a $750,000 grant

Local officials recently celebrated the opening of Wolfspeed at the Marcy Nanocenter, marking the much-anticipated debut of the semiconductor plant. National Grid leaders were willing to provide the company with a $750,000 grant to subsidize electrical infrastructure costs to run the plant online.

In 2019, Wolfspeed announced that it would build a $1.2 billion facility in Marcy near the campus of the SUNY Polytechnic Institute. At the time of the announcement, it was to be the largest silicon carbide device manufacturing facility in the world. Wolfspeed will produce silicon carbide semiconductors for use in the automotive, mobile, and industrial markets, and is expected to create more than 600 new jobs. The company works with local colleges to develop curricula to meet the needs of the future workforce.

“National Grid is proud to support the development of the Wolfspeed facility in Marcy,” said Alberto Bianchetti, Regional Director of Customer and Community Management at National Grid. “Our support for seeing a semiconductor facility in the Mohawk Valley became a reality today because Wolfspeed believed in the value of locating their plant here.”

National Grid leaders recently awarded Wolfspeed in Marcy a $750,000 grant to support electrical infrastructure costs.  From left are Brian Anderson, Diane Benedetto, Alberto Bianchetti, Adam Melton, Mark Keeler and Jeff Maidment.

Semiconductors are electronic devices wired at the heart of nearly every electronic device, from smartphones to home appliances to emerging technologies, such as artificial intelligence, virtual reality and augmented reality simulators. They are especially important in the automotive industry. Gas-powered vehicles have up to 150 semiconductors on board, while a single electric vehicle can use up to 3,000.

National Grid’s support for semiconductor and nanotechnology development dates back to the 1990s. The company has supported NY Loves Nanotech – a consortium of economic developers, academic institutions, and the public and private sectors working to attract investment and establish research and manufacturing facilities – since its inception in 1999. It also provided economic incentives to establish GlobalFoundries’ semiconductor manufacturing facility in Malta.

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