WEST LAFAYETTE, Ind. – The announcement Wednesday (July 20) by SkyWater Technology that it plans to open a $1.8 billion state-of-the-art semiconductor manufacturing facility in Discovery Park District at Purdue University marks a huge step forward for the American semiconductor industry, Purdue’s thriving innovation district and the university’s continued emergence as one of the principal drivers of the Indiana economy.
SkyWater (NASDAQ:SKYT), which expects to create 750 new direct jobs within five years after it opens, joins the likes of Saab, Rolls-Royce, major facilities and partnerships in hypersonics, Schweitzer Engineering Laboratories, Wabash, MediaTek and others in Discovery Park District, one of the most attractive and innovative environments in the Midwest.
“Today’s announcement marks a dramatic advance toward multiple strategic goals of Purdue’s last decade: enriched academic and career opportunities for our students; new research possibilities for our faculty; a transformed, more attractive environment on and adjacent to our campus; and the latest demonstration that Purdue and Greater Lafayette are now the hot new tech hub of a growing, diversifying Indiana economy,” said Purdue President Mitch Daniels. “Even for the place that specializes in them, this constitutes a genuine giant leap.”
Discovery Park District, a 400-acre, mixed-use development adjacent to Purdue University’s West Lafayette campus, provides investing compa …
SkyWater Technology chooses Discovery Park District at Purdue for $1.8B semiconductor fabrication facility, to create 750 jobs in 5 years – Purdue University
