Sk Siltron to Hold Ribbon Cutting Ceremony Thursday
September 1, 2022 7:00AM EDT
Governor Gretchen Whitmer, Congressman Dan Kildee and local leaders will attend a ribbon cutting ceremony today in Bay County’s Monitor Township.
SK Siltron CSS, a U.S. subsidiary of South Korea-based SK Group, will open the doors to its new $300 million plant at 1311 Straits Dr. The company manufactures a specialty wafer made of silicon carbide that can be used in electric vehicles to allow a more efficient transfer of electricity from the battery to the motor, increasing the driving range by 5 – 10 percent.
The new facility underscores SK Group’s commitment to the state of Michigan and reaffirms its plans to invest a total of $52 billion and create tens of thousands of jobs in the U.S. by the end of 2025.