This week, SK hynix – the world's leading producer of high-bandwidth memory chips – announced plans to build an advanced chip packaging fabrication and R&D facility in West Lafayette in what is the largest economic investment in Indiana history.
SK hynix will invest an estimated $3.8 billion in its West Lafayette facility, the first of its kind in the United States. The operation is expected to bring more than 1,000 new jobs to the region. The company plans to begin mass production in the second half of 2028, while the new facility will also develop future generations of chips and house an advanced packaging R&D line.
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, which I helped pass in Congress, has opened a door that Indiana has been able to sprint through, and companies like SK hynix are helping to build our high tech future as a result.
Click here and here to read more about SK hynix’s investment in Indiana. |