ODON – An $84 million advanced microchip development and manufacturing operation will be built in Daviess County. WestGate One will be located in the Daviess County section of the tech park just outside of the Crane gate in Odon, according to Southern Indiana Business.
Westgate One will be a combined effort of NHanced Semiconductors, Everspin Technologies, Trusted Semiconductor Solutions, and Reliable MicroSystems. The four semiconductor companies plan to invest $300 million in the campus.
Indianapolis-based StrongBox, which broke ground on the project in November will construct the facility.
It is expected to add 549 high-paying jobs between 2024-2028. The new, specialized jobs will be critical in advancing American-made microelectronics verification, validation, and production of critical microelectronics components in the U.S.
A package of local and state incentives will accelerate the project, including up to $10 million in READI matching funds. Daviess County approved a 10-year $26 million tax abatement covering personal property with the option of a second 10-year abatement based on meeting metrics.
Meredith, president of the Daviess County Council, said the project will have an economic impact between $50 million and $60 million.
