Posted By Tom Plahutnik, Web Editor/Producer - email
Robert Hansen, Dow Corning President and CEO.
AUBURN, MI (WNEM) -
Dow Corning announced at Thursday's "Bay Area On the Go" event that it will invest millions of dollars into its Auburn manufacturing facility.
The silicone manufacturing company said it is investing up to $117 million at its facility for increased advanced manufacturing capacity, expanded research and development capability, and infrastructure improvements at the site.
The investments, which will take place through 2015, will result in the creation of up to 73 new jobs.
Dow Corning said it worked closely with the Michigan Economic Development Corporation, Bay Future, and Williams Township to secure two tax abatements to support this investment in their Auburn manufacturing site.
Dow Corning's President and CEO, Bob Hansen, said during remarks Thursday that one of the areas of focus for these investments is silicon carbide wafer research, development, and manufacturing.
Silicon carbide wafers represent the next generation semiconductor materials for use in the power electronics market. Silicon carbide wafers are used in high power applications and allow for increased energy efficiency, extended product life, and simplified electronic systems.
Silicon carbide-based components can be found in products such as power inverters in the alternative energy market, power supplies for servers, and future hybrid electric vehicles and train locomotives.
Opened in 1987, Dow Corning's Auburn manufacturing site produces hundreds of high quality products for the electronics, automotive, and aerospace industries such as adhesives, sealants, encapsulants, and silicon carbide wafers. The site is home to more than 270 employees.
Copyright 2012 WNEM (Meredith Corporation). All rights reserved.
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