A Covington manufacturing facility is set to receive a significant investment thanks to a new round of funding from the federal CHIPS and Science Act.
Sen. Jon Ossoff’s office has announced that the Covington manufacturing facility of Absolics will receive funding from the CHIPS Act. The purpose of this funding is to enhance semiconductor manufacturing and boost chip production in Georgia.
Absolics, a subsidiary of SKC, is set to receive $75 million in funding from the CHIPS Act to enhance semiconductor manufacturing in Georgia, as confirmed by the senator’s office.
In 2022, the Covington facility embarked on its groundbreaking journey. Thanks to the federal investment, the facility is set to generate 1,200 job opportunities in manufacturing and construction. As Absolics proceeds with the construction of a 120,000-square-foot facility, the employment opportunities are expected to flourish.
In this section, we bring you the latest and most talked-about stories that are making waves in the world right now. Stay updated with the hottest news, trends, and developments across various topics. From breaking news to viral stories, we’ve got you covered. Dive into the top stories that everyone is talking about, and be in the know about what’s happening around the globe. Stay ahead of the curve with our trending stories section.
According to a statement from Absolics, a Covington, Ga.-based subsidiary of SKC Co., the company is focused on developing and manufacturing a revolutionary glass substrate. This thin piece of glass allows for the integration of processing and memory chips, enabling the creation of advanced, high-performance computing systems.
On Friday, Absolics and its parent company SKC will host a discussion and commentary session regarding the new facility. The event will be attended by both of Georgia’s U.S. Senators, Ossoff and Rev. Raphael Warnock, along with officials from the federal CHIPS Program Office.
