Reliable MicroSystems: Boosting the Daviess County Economy with Critical Microelectronic Design
Odon, IN – Reliable MicroSystems is proud to be part of the economic boom in Daviess County, Indiana. It is part of a combined effort of NHanced Semiconductors, Everspin Technologies, Trusted Semiconductor Solutions, and Reliable MicroSystems to invest $300 million in a new advanced microchip development and a manufacturing operation called WestGate One.
WestGate One is expected to create 549 high-paying jobs between 2024-2028 and will be critical in advancing American-made microelectronics verification, validation, and production of critical microelectronics components in the U.S.
“A project of this magnitude and this nature – those don’t happen every day and certainly not in southwestern Indiana. Daviess County has a strong economy but is very manufacturing and automotive-related. We have a strong construction materials industry. This is one of those projects that many leaders across the state work towards but don’t have the opportunity to see in their careers. It completely changes the landscape in our region.” said Bryant Niehoff, the executive director of Daviess County Economic Development.
This project has been made possible by the Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022 (CHIPS Act), signed into law in August to boost the United States’ competitiveness, innovation, and national security; investments from the Indiana Economic Development Corporation; commitment of READI funds and Daviess County’s incentive package.
Reliable MicroSystems is proud to be part of the team working with local lawmakers to bring this economic boom to Daviess County. It has been a joint effort between NorthwestSC Crane, Regional Opportunity Initiatives, the Indiana Economic Development Corporation, and the county’s incentive package to make this project a reality.
This project will have an economic impact between $50 million and $60 million and create an average salary of $100,000 yearly, significantly higher than the median for Daviess County (The median household income for 2021 in Daviess County was $57,078, and the 2021 per capita income was $26,269). This project will bring many benefits to the area, including filling hotels, increasing the restaurant business, and developing new businesses.
Over ten years, it will generate over $3 million in local income tax revenue. In addition to the 449 jobs created directly at the semiconductor campus between 2024 and 2028, there will be the additional supplier and consumer-business jobs created by the presence of the NHanced employment, increasing the total employment impact to 858 local jobs created. Engineers will fill many positions, but there will also be a need for various skills.
The team at Reliable MicroSystems looks forward to continuing to work with the Daviess County Economic Development Corporation, County Council members, and other leaders to skill up the workforce and grow a talent pipeline for jobs at WestGate One.
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About Reliable MicroSystems
Reliable MicroSystems, LLC (Rel-Micro) is a world-class design organization specializing in concept-to-foundry creation and maturation of high-reliability electronic for mission-critical applications. It is based in Franklin, Tennessee, which is in the Nashville Area with its second location opening in Crane Indiana in 2023.
Careers at Reliable MicroSystems
Want to work with us here at Reliable MicroSystems? We are actively hiring engineering positions in this afore mentioned WestGate One location. Find out more about our open positions here.