Siler City, North Carolina — According to state and local economic development sources Wolfspeed plans to invest $5,000,000,000.00 to build out new space in Siler City. The company plans to occupy the new space in Siler City, on or about January 1, 2025. According to the company website For more than 30 years, Wolfspeed has been the global leader in Silicon Carbide technology and production harnessing its power to change the world for the better. Our customers leverage our disruptive technology to create products that support a more efficient, sustainable future. Our solutions allow for breakthroughs within various industries and applications, including electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. Our people dedicate themselves to creating a global semiconductor powerhouse driving the worldwide transition from silicon to Silicon Carbide.

To learn more about Wolfspeed, visit http://www.wolfspeed.com/

Company Contact:
Gregg Lowe, Chief Executive Officer
https://www.linkedin.com/in/gregg-lowe-06918814/
919-313-5300

SOURCE: http://www.intelligence360.io
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