The holiday season is here, and a new year is right around the corner. As we head into 2023, here’s a look back at some of the businesses that opened or closed in the past year in mid-Michigan and what’s to come:
Hemlock Semiconductor breaks ground on $375 million expansion project in Saginaw County
Hemlock Semiconductor, the nation’s leading manufacturer of hyper-pure polysilicon used in the semiconductor and solar industries, broke ground on a major expansion project in Saginaw County Friday, Oct. 21.
Company officials say this expansion project will modernize the manufacturing process HSC uses to refine its semiconductor-grade polysilicon and represents a planned $375 million investment by HSC in Thomas Township. The project is expected to create 170 new permanent jobs and more than 200 construction jobs.
The next-generation technologies HSC will deploy through the project will increase the purity of the company’s semiconductor-grade polysilicon and improve supply to meet rising global demand, according to a company news release.
The expected timeline for the project, which includes three new buildings, is 2022 to 2025.