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National Grid Provides Support for Wolfspeed Facility Construction

Jul 01, 2022 - 12:02 PM


Upstate NY




Wolfspeed recently welcomed representatives from National Grid to its new facility in Marcy.

MARCY, N.Y. — Local officials celebrated the opening of Wolfspeed recently, marking the long-anticipated debut of the semiconductor manufacturer at the Marcy Nanocenter. National Grid leaders were on hand to present the company with a $750,000 grant to support electric infrastructure costs to get the factory online.

Wolfspeed announced in 2019 that it would construct a $1.2 billion facility in Marcy near the SUNY Polytechnic Institute campus, east of Utica. At the time of the announcement, it was to be the world’s largest silicon carbide device manufacturing facility. Wolfspeed will produce semiconductors from silicon carbide for use in the automotive, mobile communications and industrial markets, and is expected to create more than 600 new jobs. The company also is working with local colleges to develop curriculum to meet its future workforce needs.

“National Grid is proud to support the development of Wolfspeed’s facility in Marcy,” said Alberto Bianchetti, regional director for customer and community management for National Grid. “Our support of the vision for a semiconductor facility in the Mohawk Valley is a reality today because Wolfspeed believed in the value of locating its plant here.”

Semiconductors are electronic devices wired into the heart of nearly every electronic device, from smartphones to home appliances to emerging technologies, such as artificial intelligence and augmented and virtual reality simulators. They are particularly important in the automotive industry. Gas-powered vehicles have as many as 150 semiconductors on board, while a single electric vehicle can use up to 3,000.

In October 2021, Wolfspeed announced that it would supply General Motors with silicon carbide semiconductors for integrated power electronics in the automotive manufacturer’s next-generation electric vehicles. Wolfspeed also will provide semiconductors to Lucid Motors, an electric vehicle manufacturer recently awarded Car of the Year by MotorTrend.

“Wolfspeed has built world’s first, largest and only 200mm Silicon Carbide fabrication facility in the Mohawk Valley,” said Adam Milton, Wolfspeed Vice President, Mohawk Valley Fab. “Great partners like National Grid have supported this development at every step and we’re looking forward to working with them as our roots in this community grow deeper.”

Three decades of public and private investment in semiconductor research and development became more critical due the COVID-19 pandemic. The global pandemic shuttered fabrication plants, slowed imports and depleted manufacturer supplies, resulting in a worldwide shortage of chips. National Grid’s support of semiconductor and nanotechnology development dates to the 1990s. The company has supported NY Loves Nanotech — a consortium of economic developers, academic institutions, and the public and private sectors working to attract investment and creation of research and manufacturing facilities —since its inception in 1999. It also provided economic incentives to create the GlobalFoundries semiconductor fabrication facility in Malta.

“New York state’s investment in semiconductor production is bearing fruit at the most critical of times,” Bianchetti said.

In addition to developing technologies to make electronic devices more energy efficient, Wolfspeed’s facilities have taken a green energy pledge. The LEED-certified plant will derive half of its electricity from carbon-free or low-carbon sources, recycle 60,000 gallons of water per day, and host 14 electric vehicle chargers for employee use.

Wolfspeed announced the project in 2019 and conducted a grand opening of the facility in April 2022. To energize the facility, Wolfspeed needed to create underground infrastructure to connect with a nearby substation. National Grid’s Electric Capital Investment Incentive provided funding to design and construct this portion of the project.

“Our economic development program aligns with the with principles of Project C, our commitment to the communities we serve,” Bianchetti said. “Providing this incentive helps Wolfspeed not only create good, well-paying jobs for the community, but it supports sustainability, neighborhood and community investment and workforce development in the Mohawk Valley.”

National Grid’s Economic Development Programs

Since 2003, National Grid’s 18 economic development programs have provided more than $125 million in assistance, helping to create or retain more than 60,000 jobs and supporting almost $10 billion in private and public investment across upstate New York. More information about National Grid’s suite of programs is available at

Additionally, National Grid provides economic development support during the pandemic through its Manufacturing Productivity Program. The program fast tracks economic development requests to assist businesses that transitioned their facilities to produce critical medical equipment and supplies needed to fight COVID-19.

About National Grid

National Grid (NYSE: NGG) is an electricity, natural gas, and clean energy delivery company serving more than 20 million people through our networks in New York and Massachusetts. National Grid is focused on building a path to a more affordable, reliable clean energy future through our fossil-free vision. National Grid is transforming our electricity and natural gas networks with smarter, cleaner, and more resilient energy solutions to meet the goal of reducing greenhouse gas emissions. 
For more information, please visit our website, follow us on Twitter, watch us on YouTube, like us on Facebook and find our photos on Instagram.

Media Contacts

Jared Paventi

Syracuse (Central NY)

(315) 427-1092

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