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Wolfspeed John Palmour Manufacturing Center for Silicon Carbide (JP)

Siler City, NC. Materials.

Wolfspeed, headquartered in Durham, NC

Siler City SiC wafer facility

Operating as of Jun 27, 2025

Silicon carbide wafer plant in Siler City planned at $5B and 1,800 jobs; it began operations in June 2024 with the full buildout unfinished, and a non-binding CHIPS PMT shared with New York was never finalized.

Investment
$5B
Jobs
1,800
Announced
Sep 9, 2022
Target
2030
Type
Materials
Process or product
Silicon carbide wafers (200mm footprint)
Wafer size
200mm
CHIPS Act funding
Shared with other sites (preliminary terms)

Timeline

  1. Update

    Wolfspeed emerged from Chapter 11 after a restructuring that cut debt about 70%, with no CHIPS funds received.

    Carolina Journal
  2. Update

    Wolfspeed filed for Chapter 11 after a June 22, 2025 restructuring support agreement, per Bondoro.

    Bondoro Insights
  3. Update

    Wolfspeed announced 73 layoffs at its Siler City materials factory, effective August 9, 2025.

    Carolina Journal
  4. Funding

    Commerce and Wolfspeed signed a non-binding PMT for up to $750 million, shared between Siler City and the Mohawk Valley fab.

    SEC / Wolfspeed
  5. Production start

    Bondoro reports the Siler City facility began operations in June 2024, projected to enable a more than tenfold increase in materials production capacity.

    Bondoro Insights
  6. Construction milestone

    Wolfspeed held a topping-out ceremony for the JP facility.

    Business Wire (Wolfspeed press release)
  7. Announced

    Wolfspeed announced the Chatham County, NC SiC materials facility, with phase one estimated at $1.3B.

    Wolfspeed

Sources (13)

1 supplier or contractor on record for this project

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Other Wolfspeed sites

Figures are what the company or an agency announced. "Not stated" means no source gives a number for this site. A status is only as current as its "as of" date.