Reliable MicroSystems one of 4 microelectronic companies to be part of the new collaborative hub attracting $300M+ industry investment.
ODON, Ind. (Nov. 21, 2022) – Governor Eric J. Holcomb and Secretary of Commerce Brad Chambers joined local officials and business executives today in Odon, Indiana, to break ground on a new microelectronics campus at WestGate@Crane Technology Park (WestGate) that will power the growth of Indiana’s semiconductor industry.
The 84 million dollar development, which has already attracted four semiconductor companies to the state (Reliable MicroSystems being one of the four), will leverage academic, corporate, and defense partners to speed the re-shoring of semiconductor research and manufacturing in the U.S.
“Indiana’s has a rich tradition of advanced manufacturing that continues to push new technologies and innovations forward,” said Gov. Holcomb. “Today’s announcements solidify our Semiconductor Corridor strategy. With a growing microelectronics and CHIP industry, Indiana will be at the forefront of creating critical components to ensure both economic and national security.”
The new microelectronics campus, WestGate One, is a 10-acre public-private development that will create a hub for semiconductor creation in the Indiana Uplands region, supporting technology innovation, talent development and infrastructure needs while fostering continued partnerships with the U.S. Department of Defense through the Naval Surface Warfare Center, Crane Division (NSWC Crane) to advance American-made microelectronics.
WestGate One, which is advancing with support from the nationally recognized Indiana Regional Economic Acceleration and Development Initiative (READI), has already secured four semiconductor companies – NHanced Semiconductors, which will anchor the development; Everspin Technologies; Trusted Semiconductor Solutions; and Reliable MicroSystems. Together, these companies plan to invest more than $300 million in Indiana and create up to 549 new, specialized jobs in the coming years, advancing the verification, validation and production of critical microelectronics components in the U.S.
“It is critical to our national security that innovations in microelectronics are homegrown,” said Sec. Chambers. “American leadership and ingenuity have changed the face of the globe for decades, and these investments in the Silicon Heartland will ensure that tradition continues well into the 21st century.”
Reliable MicroSystems, headquartered in Tennessee, will invest $7.3 million to expand its operations to Indiana, establishing a presence at WestGate One. The company, which offers radiation effects modeling for large contractors, specializes in concept-to-foundry creation and maturation of high-reliability electronics for mission-critical applications. Reliable Microsystems plans to start its new operations in 2023 and create up to 61 new, high-wage jobs to support its growth.
Additionally, the IEDC will commit investments in Reliable MicroSystems of up to $1.7 million in incentive-based tax credits and up to $150,000 in training grants based on the companies’ job creation plans. Daviess County will consider additional incentives to support the four companies and the development of WestGate One, which is being led by StrongBox and will be constructed in the Daviess County section of the tri-county certified technology park off U.S. 231.
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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.
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