Wolfspeed - Mohawk Valley Fab
The Mohawk Valley Fab in Marcy is now the world's first, largest, and only 200mm Silicon Carbide fabrication facility. In 2019, Wolfspeed (formerly known as Cree) revealed plans to construct a $1.2 billion, 200mm silicon-carbide wafer fabrication facility in Marcy. The ribbon-cutting ceremony occurred at the Mohawk Valley Fab in April 2022. In 2024, the semiconductor industry's expansion is firmly established as the high-tech industry soars to new heights.