(West Lafayette, IN) – West Lafayette has landed a new semiconductor plant.
South Korean-based SK hynix plans to build a 430,000 square foot facility on 90 acres in the Purdue University Research Park.
The facility is the first of its kind in the U.S. and will be home to an advanced semiconductor production line for high-performing chips, and will house a research and development line.
According to Gov. Eric Holcomb’s office, the $3.97 billion investment is the largest in state history, and will drive innovation and fill a critical gap in the nation’s packaging supply chain.
The governor was joined at Wednesday’s announcement by Indiana Secretary of Commerce David Rosenberg, Purdue University President Mung Chiang and U.S. Senator Todd Young (R-IN).
“Indiana is a global leader in innovating and producing the products that will power our future economy, and today’s news is proof positive to that fact,” said Gov. Holcomb. “I’m so proud to officially welcome SK hynix to Indiana, and we’re confident this new partnership will enhance the Lafayette-West Lafayette region, Purdue University and the state of Indiana for the long term. This new semiconductor innovation and packaging plant not only reaffirms the state’s role in the hard tech sector, but is also another tremendous step forward in advancing U.S. innovation and national security, putting Hoosiers at the forefront of national and global advancements.”
“SK hynix will soon be a household name in Indiana. This incredible investment demonstrates their confidence in Hoosier workers, and I’m excited to welcome them to our state. The CHIPS and Science Act opened a door that Indiana has been able to sprint through, and companies like SK hynix are helping to build our high-tech future,” said Sen. Young.
SK hynix’s investment is expected to create 800 high-wage jobs by the end of 2030.
“We are excited to build a state-of-the-art advanced packaging facility in Indiana,” said SK hynix CEO Kwak Noh-Jung. “We believe this project will lay the foundation for a new Silicon Heartland; a semiconductor ecosystem centered in the Midwest Triangle. This facility will create local, high-paying jobs and produce AI memory chips with unmatched capabilities, so that America can onshore more of its critical chip supply chain. We are grateful for the support of Governor Holcomb and the State of Indiana, of President Chiang at Purdue University, and of the broader community involved, and we look forward to expanding our partnership in the long run.”
Officials say the company’s new initiative is a significant win for the Midwest and for U.S. national security.
