Onsemi to Establish Semiconductor Facility in DeWitt
March 7, 2025 - 00:31
Onsemi is set to take over the former NextGen fabrication facility located in DeWitt, as announced by County Executive Ryan McMahon. This strategic move marks a significant development in the region's semiconductor industry, with the county actively working to attract high-tech manufacturing jobs. The facility is expected to play a crucial role in bolstering local employment and economic growth.
County officials are optimistic about the potential impact of the new plant, which is anticipated to create numerous job opportunities for residents. The semiconductor sector has been experiencing substantial growth, driven by increasing demand for advanced technology in various industries. Onsemi's decision to occupy the DeWitt site is seen as a pivotal step in enhancing the area's technological capabilities and competitiveness.
As the project unfolds, community leaders and stakeholders are keenly watching for further developments, recognizing the importance of semiconductor manufacturing to the future of the local economy. The establishment of this facility is poised to position DeWitt as a key player in the semiconductor landscape.
MORE NEWS
July 22, 2026 - 04:35
Q1 Earnings Outperformers: Napco (NASDAQ:NSSC) And The Rest Of The Specialized Technology StocksThe first quarter earnings season has wrapped up, and analysts are now sorting through the results from the specialized technology sector. Among the standout performers, Napco Security Technologies...
July 21, 2026 - 07:06
NICB names Marta Magnuszewska as chief information and technology officerThe National Insurance Crime Bureau has named Marta Magnuszewska as its new chief information and technology officer, a move that brings two decades of specialized fraud analytics experience to the...
July 20, 2026 - 20:23
Interlune Develops Cryogenic Technology to Expand Helium-3 Supply for Quantum ComputingA company called Interlune has announced a new cryogenic process designed to increase the availability of helium-3, a rare isotope that is becoming critical for next-generation quantum computing...
July 20, 2026 - 10:31
Is Ally Financial (ALLY) Undervalued On Its New Technology Leadership Hire?Ally Financial (ALLY) is getting a fresh look from market watchers after naming Mark Mathewson as its new Chief Information and Data Officer. The move puts technology and data strategy front and...