CHARLOTTE – A manufacturer of semiconductors will relocate its corporate headquarters and open a manufacturing operations center in York County, South Carolina.
In doing so, Pallidus will invest $443 million in the region, with plans to add as many as 405 jobs to the regional economy.
The firm’s new headquarters will be in Rock Hill, South Carolina, and the move is expected to enable the company to scale its capacity.
Pallidus is a manufacturer of silicon carbide semiconductors. Durham-headquartered Wolfspeed, which announced last year that it will construct a $5 billion semiconductor manufacturing facility in Chatham County, also produces silicon carbide semiconductors. Wolfspeed also announced earlier this year it would expand to Germany, with plans to construct a wafer fabrication facility.
Pallidus, like Wolfspeed, also has a facility in New York state.
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Welcome to the Carolinas
“We are thrilled to be partnering with the state of South Carolina, York County, and the city of Rock Hill in supporting our new high-volume semiconductor silicon carbide wafer manufacturing plant and corporate headquarters,” said Jerry Knowles, vice president global facilities at Pallidus in a statement. “The decision to select Rock Hill for our next manufacturing facility was the result of extensive research to locate to a community that aligned with our innovative and collaborative spirit, offered an exceptional quality of life for our employees and is easily supported from our research and development facility in New York.”
Pallidus’ new corporate headquarters, manufacturing plant, and operations will occupy more than 300,000 square feet in Rock Hill, the company said in its statement.
The company manufactures and produces what it describes as “next-generation silicon carbide (SiC) wafers to power semiconductors and other electronics.”
And the company focuses on providing its products in the electric vehicle and mass transit sector, as well as in wind, solar and smart power transmission, and in the data centers and telecommunications industries.
Electric vehicle manufacturer Arrival, which announced a York County microfactory in 2020 and established its U.S. headquarters in Charlotte, has recently shifted its strategy to focus on the U.S. market, including cutting about 50% of its workforce.
And earlier this week, electric vehicle charging station manufacturer Kempower announced it would construct a manufacturing facility in Durham County.
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