Entegris and the U.S. Department of Commerce have signed a non-binding Preliminary Memorandum of Terms, or PMT, for up to $75M in proposed direct funding to Entegris under the CHIPS and Science Act. This funding would support the development of a state-of-the-art facility in Colorado Springs designed to create products critical to the future of semiconductor manufacturing in the U.S. Entegris is among the first suppliers in the semiconductor industry to enter into a PMT with the U.S. Department of Commerce under this federal initiative. Its new manufacturing center of excellence in Colorado Springs will support the company’s Advanced Materials Handling and Microcontamination Control divisions. The facility is expected to create approximately 600 new jobs in Colorado Springs over the next several years, spanning roles from entry-level manufacturing to engineering and operational leadership. Approximately 500 construction jobs are also expected to be created by 2030. The facility, which is targeted to begin initial commercial operations in 2025, will be built in multiple phases: the first to support production of FOUPs and liquid filter membranes. The second phase will support the production of advanced liquid filters, purifiers, and fluid handling solutions. Entegris is partnering with Microchip Technology, Pikes Peak State College, Pikes Peak Business and Education Alliance, various high school districts and universities. Entegris’ project will also be a Military Center of Excellence that aims to recruit 50% of its workforce from Veterans and military families through partnerships with Hiring our Heroes, Mt. Carmel Veterans Service Center, the SEMI Veteran Foundation and local military bases.
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