Latest Bay City News

DOE announces conditional $544 million loan for silicon carbide wafer production at Michigan plant

Feb. 22, 2024 17:08 PM EST

BAY CITY, Mich. (AP) — The U.S. Department of Energy announced a conditional $544 million loan Thursday that would allow a Michigan semiconductor manufacturing plant to expand to make parts that can bring faster charging times for electric vehicles. The conditional loan for SK...