Details on Cree’s massive, $1B expansion in Durham

//Details on Cree’s massive, $1B expansion in Durham

Details on Cree’s massive, $1B expansion in Durham

Semiconductor firm Cree is funneling up to $1 billion in new investments in its Durham headquarters. In what company officials are calling Cree’s “largest investment to date” in its Wolfspeed business, the firm is expanding its silicon carbide capacity with the development of a “state of the art” silicon carbide facility and a materials “mega factory” in Durham. Cree plans to invest $450 million to build out an empty existing facility at the Durham campus. The 253,000-square-foot…

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By | 2019-05-07T13:59:15+00:00 May 7th, 2019|Technology|

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