Federal investment will help Colorado Springs-based Entegris create hundreds of good-paying jobs & strengthen Colorado’s high-tech manufacturing economy
WASHINGTON – Today, U.S. Senators John Hickenlooper and Michael Bennet celebrated a $77 million investment from the CHIPS and Science Act to Colorado Springs-based Entegris. The funding will expand its advanced technology manufacturing facility and create approximately 900 jobs.
“We need to win the race with China to shape the future of technology and who benefits,” said Hickenlooper. “Our CHIPS and Science Act is helping us catch up with semiconductor manufacturing right here in Colorado with companies like Entegris.”
“Thanks to the bipartisan CHIPS and Science Act, we’re bringing the semiconductor industry back to America – and more economic opportunity to Colorado,” said Bennet. “This historic funding for Entegris will create good-paying jobs and help our state continue to lead the way in advanced manufacturing.”
Entegris is a leading supplier for the semiconductor industry. This announcement finalizes the previously announced agreement from earlier this year. The funding will help onshore critical semiconductor supply chain and manufacturing equipment materials for leading-edge chip production and support Entegris’ construction of its state-of-the-art manufacturing center in Colorado Springs. The manufacturing center, which is targeted to begin initial commercial operations in 2025, will initially support production of highly specialized containers that secure semiconductor wafers.
In 2022, Hickenlooper and Bennet helped pass the CHIPS and Science Act, which has already delivered over $131 million in investments. Earlier this year, they celebrated $40.5 million in CHIPS and Science Act funding for Colorado’s Tech Hub Elevate Quantum. In September 2023, CHIPS and Science Act delivered nearly $40 million for a Microelectronics Commons Southwest Regional Hub – a collaborative forum for regional technology leaders, including the University of Colorado Boulder and private sector firms, to accelerate cutting-edge semiconductor research and development. In January, the senators welcomed the U.S. National Science Foundation’s (NSF) designation for one of the first-ever Regional Innovation Engines to be headquartered in Colorado.
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