About New solar company opens up in saginaw mi
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6 FAQs about [New solar company opens up in saginaw mi]
Will Corning build a solar power plant in Saginaw County?
THOMAS TWP, MI — As demand for solar power in the U.S. continues to grow, Corning Inc. has plans for a solar component manufacturing facility, more than 1,100 new high-skilled jobs and a capital investment of up to $900 million in Saginaw County.
Could a new solar component plant bring 1,000 jobs to Saginaw County?
The Michigan Strategic Fund Board approved tax incentives on Tuesday for Corning Inc. to build a $900 million solar component plant in Saginaw County, which could employ 1,100 people. SAGINAW COUNTY, Mich. (WJRT) - A new solar component manufacturing facility that would bring more than 1,000 jobs to Saginaw County is one step closer to reality.
Who owns the Saginaw County Solar Center?
Corning Inc. is undertaking the project on behalf of its wholly owned subsidiary, Solar Technology LLC. The new Saginaw County facility will be dedicated to the creation of U.S.-made solar components, capitalizing on Corning Inc.'s capabilities in materials science.
Will Corning build a new manufacturing facility in Saginaw County?
To grow this domestic supply, Corning, on behalf of its wholly owned subsidiary, Solar Technology, LLC, plans to build a new manufacturing facility in Richland Township in Saginaw County with an investment of up to $900 million. The project is expected to create over 1,100 jobs, with starting wages expected to exceed the median wage for the region.
How many jobs will the Corning solar project create?
Officials project over $5.6 billion in new personal income will be generated over 20 years by the direct, indirect, and induced jobs from the project. The new Corning Inc. solar manufacturing facility is expected to create about 1,100 jobs in Richland Township, Michigan.
Will Corning create jobs in Mid-Michigan?
With this planned facility, Corning could manufacture a broad range of solar components and boost the local labor force by creating high-skilled jobs in mid-Michigan. The project is expected to result in the creation of 1,151 jobs and $900 million in private investment, according to the MEDC memo.
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