MARCY, N.Y. — Cree, Inc. (NASDAQ: CREE) says it has “surpassed foundational targets” for the construction of its Mohawk Valley Fab in Marcy.
It’s under development at the Marcy Nanocenter site on the SUNY Polytechnic Institute campus.
Crews last week poured the last batch of concrete for the fab building’s foundation, having used a total of 26,000 cubic feet of concrete in the process, Cree said in a news release.
(Sponsored)
The End of Non-Compete Agreements in New York?
Among the tidal wave of changes impacting employers, ranging from updated anti-harassment laws, restrictions on absenteeism policies and new pay transparency rules, New York is now poised to restrict the
Cybersecurity in Today’s Remote Work Environment
The response to the COVID-19 pandemic demonstrated that remote work was viable for many companies. Today, remote and hybrid work models have become standard options for most professionals. While remote
They have now started vertical work with two cranes on site to begin the roof trusses and placement of steel columns. The foundation work is also underway for the central utility and administration buildings adjacent to the fab.
Durham, North Carolina–based Cree focuses on silicon carbide (SiC) technology. Cree describes itself as an “innovator” of Wolfspeed power and radio frequency (RF) semiconductors and lighting-class LEDs.
As previously announced, Cree has committed to creating more than 600 new jobs within eight years as well as providing internships for SUNY students as part of its presence.
The “highly-automated,” 200mm silicon carbide wafer fabrication facility will be “the first of its kind,” and is forecast to bring 614 jobs with an average salary of $75,000 to Oneida County, the county said in February.
Cree currently has 30 full-time employees in New York and 24 interns from local universities throughout the state, the company said. Cree also has multiple job openings listed for the fab, which include engineering and technician-related positions.