Have You Never Considered Production?

[Construction]

SkyWater CEO Thomas Sonderman, left, stands with Jeb Nadaner, deputy assistant secretary of defense for industrial policy, outside his company’s plant in Bloomington. (Submitted photo) The investment comes under DoD’s Trusted and Assured Microelectronics program, which works with industry and laboratories to produce technology solutions for national security and defense. SkyWater CEO Thomas Sonderman, left, stands with Jeb Nadaner, deputy assistant secretary of defense for industrial policy, outside his company’s plant in Bloomington. (Submitted photo) Construction on the addition at SkyWater’s headquarters in Bloomington began in October 2019 and continued during the pandemic. The company marked its completion last month find out more with a commissioning event that featured DoD, Department of Commerce, state and local officials as well as U.S. Rep. Dean Phillips. Production in the new space will begin in the fourth quarter of 2021, SkyWater President and Chief Executive Officer Thomas Sonderman said in an interview. Equipment is getting installed and is undergoing testing in the meantime. The United States this year accounts for only 12% of worldwide semiconductor production, down from 37% in 1990, according to the U.S. Semiconductor Industry Association. With Asia dominating production, a bill pending in Congress calls for billions of dollars in incentives to “re-shore” semiconductor manufacturing.

https://finance-commerce.com/2020/11/spotlight-skywater-aims-to-boost-secure-semiconductor-production/