Wolfspeed announces $5 billion investment in Chatham County, largest in NC history

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Wolfspeed will build a new semiconductor plant at a 400-acre site in Chatham County with an estimated investment of $5 billion and a commitment to create more than 1,800 jobs paying $77,000 a year on average. But it’s going to cost North Carolina tax payers some $1 billion in a variety of tax incentives. Semiconductor chips are a key part of most electrotonic devices used today. The investment...

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