Granholm Announces Support for Hemlock Semiconductor Group Expansion
Federal Funds OK?d for Needed Infrastructure Improvements
March 18, 2009
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By: MyBayCity Staff
Governor Jennifer M. Granholm today announced in a press release the State of Michigan
is partnering with Thomas Township in Saginaw County to support the $1-billion
expansion of Dow Corning joint venture Hemlock Semiconductor Group?s solar cell
manufacturing operations and the creation of up to 300 new jobs over the next
two years.
"Our efforts to diversify Michigan's economy and create new jobs are enhanced
by Hemlock Semiconductor's continued commitment to Michigan, which is helping to
position our state as the alternative energy center of North America," Granholm
said. "Expanding solar manufacturing in Michigan is part of our aggressive
strategy to grow high-tech companies and jobs and help end our nation's
dependence on foreign oil."
The Michigan Strategic Fund board today approved a $6.9 million grant to Thomas
Township to make public infrastructure improvements needed for the expansion.
The grant is being made available with funds from the federal Community
Development Block Grant program.
In December, the company announced it would invest up to $1 billion in the
project. An incentive package supported by the Michigan Economic Development
Corporation and Thomas Township helped Michigan win the company's fourth
multi-million-dollar expansion in four years.
"We have received tremendous support from Thomas Township as we have
experienced significant business growth," Hemlock Semiconductor Group President
and CEO Rick Doornbos said. "This grant is crucial for the township and Hemlock
Semiconductor to continue investing in the Great Lakes Bay Region."
Thomas Township will use the CDBG grant to construct a 1-to-2-million-gallon
water storage tank and a new water transmission line. The township will
contribute $300,000 to support the project and the company will invest $2.2
million.
"We're pleased to partner with the State of Michigan and Hemlock Semiconductor
to develop critical infrastructure that will support new development and the
overall community. Hemlock Semiconductor has been a vital part of our local
economy and a strong corporate citizen," Thomas Township Manager Russ Taylor
said.
The Michigan Economic Development Corporation administers the state's Community
Development Block Grant funds received from the U.S. Department of Housing and
Urban Development. These funds are used to provide grants and loans to eligible
counties, cities, villages and townships-typically those with populations less
than 50,000-for economic development, community development and housing
projects. Larger communities receive block grant funds directly from the federal
government.
"Thomas Township has been a strong partner in realizing this expansion," MEDC
President and CEO James C. Epolito said. "We couldn't have done it without the
township's support. Together, we are working to ensure that Hemlock
Semiconductor continues to grow and prosper in Michigan."
The MEDC is able to award approximately $40 million in federal CDBG funds each
year. There are 1,655 local governments within the state eligible to apply for
these funds. Projects are approved contingent upon compliance with state and
federal requirements.
"The continued commitment by a world class company, Hemlock Semiconductor
proves that there is a great potential for the Great Lakes Bay Region and that
we have a 21st century skilled workforce in place," Saginaw Future Inc.
President JoAnn Crary said. "It adds greatly to the momentum that we've gained
in transforming our economy and offering job opportunities for our young
people."
Hemlock Semiconductor is a joint venture of Dow Corning Corporation and two
Japan-based firms, Shin-Etsu Handotai Co., Ltd. and Mitsubishi Materials
Corporation. In solar applications, polycrystalline silicon is the cornerstone
material used to produce solar cells that harvest renewable energy from light
rays. In addition to serving the solar energy market, polysilicon is also used
in the production of semiconductor devices used in computers, cell phones and
other electronic applications.
Hemlock Semiconductor (www.hscpoly.com) is the world's leading provider of
polycrystalline silicon and other silicon-based products used in the
manufacturing of semiconductor devices and passive solar cells and modules.
Headquartered in Hemlock, Michigan, Hemlock Semiconductor is owned in majority
and managed by Dow Corning Corporation.
Dow Corning Corporation (www.dowcorning.com) provides performance-enhancing
solutions to serve the diverse needs of more than 25,000 customers worldwide. A
global leader in silicon-based technology and innovation, offering more than
7,000 products and services, Dow Corning is equally owned by The Dow Chemical
Company and Corning, Incorporated. More than half of Dow Corning's annual sales
are outside the United States.
The Michigan Economic Development Corporation, a partnership between the state
and local communities, promotes smart economic growth by developing strategies
and providing services to create and retain good jobs and a high quality of
life. For more information on the Michigan Economic Development Corporation's
initiatives and programs, visit the Web site at www.TheMEDC.org.
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