Michigan has attracted nearly $1.5 billion in semiconductor and electronics manufacturing investments as a result of these initiatives.

This investment marks the largest CHIPS funding awarded to Michigan to date, highlighting the state's commitment to reshoring chip manufacturing.

Key leaders, including U.S. Secretary of Commerce Gina Raimondo, emphasized the importance of this funding for American economic and national security.

The CHIPS and Science Act aims to revitalize American supply chains and create good-paying jobs, with over $36 billion generated for semiconductor projects across at least 20 states since its enactment.

The Biden administration has announced a significant federal grant of up to $325 million to Hemlock Semiconductor to support the construction of a new manufacturing facility in Hemlock, Michigan.

The grant will support the construction of the new manufacturing facility at Hemlock's site, which will focus on producing hyper-pure semiconductor-grade polysilicon.

Hemlock Semiconductor is the largest producer of hyper-pure polysilicon in the U.S., which is essential for electronics and solar panel technologies.

The new facility is expected to create 180 permanent advanced manufacturing jobs and over a thousand construction jobs, benefiting the local community in Saginaw County.

Raimondo emphasized that the CHIPS Act aims to revitalize the U.S. semiconductor ecosystem and create jobs for American workers.

This funding is part of the $52.7 billion semiconductor manufacturing and research subsidy program established by the CHIPS and Science Act.

This initiative is part of a broader industrial strategy supported by the Biden administration, contrasting with previous Republican policies focused on tariff hikes and tax cuts.

So far, the Biden administration has announced preliminary awards totaling $36 billion out of the $39 billion allocated for manufacturing subsidies, with only one finalized award to date.