{"id":6477,"date":"2022-12-07T20:53:00","date_gmt":"2022-12-07T20:53:00","guid":{"rendered":"https:\/\/new.www.purdue.edu\/newsroom\/?p=6477"},"modified":"2024-08-20T14:17:37","modified_gmt":"2024-08-20T18:17:37","slug":"purdue-led-project-awarded-5-million-for-greater-lafayette-to-grow-semiconductor-industry-workforce","status":"publish","type":"post","link":"https:\/\/www.purdue.edu\/newsroom\/2022\/Q4\/purdue-led-project-awarded-5-million-for-greater-lafayette-to-grow-semiconductor-industry-workforce","title":{"rendered":"Purdue-led project awarded $5 million for Greater Lafayette to grow semiconductor industry workforce"},"content":{"rendered":"<div class=\"purdue-initial-words-wrap\"><p class=\"purdue-initial-words\">WEST LAFAYETTE, Ind. &mdash;<\/p> \n<p>A Purdue University-led project will receive $5 million in funding through a Greater Lafayette economic development initiative to support the expected regional workforce demand in the promising semiconductor manufacturing industry, Purdue and community officials announced Wednesday (Dec. 7).<\/p>\n<\/div>\n\n\n<p>Purdue partnered on a Greater Lafayette Commerce proposal that highlighted over 40 regional projects designed to retain and attract workforce talent through the state of Indiana\u2019s Regional Economic Acceleration and Development Initiative, or&nbsp;<a href=\"https:\/\/www.iedc.in.gov\/program\/indiana-readi\/overview\" rel=\"noreferrer noopener\" target=\"_blank\">READI<\/a>. In December 2021, the six-county Greater Lafayette region was awarded $30 million from the state\u2019s $500 million READI fund, an allocation that was approved by the Indiana General Assembly in its 2021 session.<\/p>\n\n\n\n<p>In the announcement, Purdue and Greater Lafayette officials revealed the seven regional READI projects that would share the $30 million in funding, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>$5 million for the Purdue-Ivy Tech Community College partnership on the Semiconductors Workforce Development Project to develop the talent pipeline of high school and college students and increase technician and engineer training to support the region\u2019s semiconductor industry.<\/li>\n\n\n\n<li>$7 million for building infrastructure to support a passenger terminal at Purdue University Airport to help bring commercial air service back to Greater Lafayette. The project team at Purdue Airport is working to identify other sources of funding. After fundraising is completed, the project timeline will be announced. The last commercial flight from Purdue Airport was in 2004.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"640\" src=\"https:\/\/new.www.purdue.edu\/newsroom\/wp-content\/uploads\/2024\/07\/readi-chipsLO.jpg\" alt=\"\" class=\"wp-image-6483\" style=\"width:300px\" title=\"\" srcset=\"https:\/\/www.purdue.edu\/newsroom\/wp-content\/uploads\/2024\/07\/readi-chipsLO.jpg 800w, https:\/\/www.purdue.edu\/newsroom\/wp-content\/uploads\/2024\/07\/readi-chipsLO-300x240.jpg 300w, https:\/\/www.purdue.edu\/newsroom\/wp-content\/uploads\/2024\/07\/readi-chipsLO-768x614.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><figcaption class=\"wp-element-caption\"><em>The READI grant is another step in Purdue\u2019s efforts to boost the region\u2019s semiconductor industry. (Purdue University photo\/Charles Jischke)<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n<p>\u201cWe are immensely proud to be a part of the Greater Lafayette community and to continue to contribute to its vibrancy,\u201d said Mung Chiang, president-elect and executive vice president for strategic initiatives at Purdue. \u201cWe thank the READI board and the outstanding READI program by Gov. (Eric) Holcomb and IEDC (Indiana Economic Development Corp.) that provides a key opportunity for economic growth. This region that includes Tippecanoe County is well poised to become an engine in creating the \u2018hard-tech corridor\u2019 of our state.\u201d<\/p>\n\n\n\n<p>The Semiconductors Workforce Development Project is geared to support the plan by Bloomington, Minnesota-based&nbsp;<a href=\"https:\/\/www.skywatertechnology.com\/\" rel=\"noreferrer noopener\" target=\"_blank\">SkyWater Technology<\/a>&nbsp;to invest $1.8 billion for locating a major semiconductor manufacturing facility in Discovery Park District at Purdue.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.skywatertechnology.com\/skywater-plans-to-build-advanced-1-8b-semiconductor-manufacturing-facility-in-partnership-with-the-state-of-indiana-and-purdue-university\/\" rel=\"noreferrer noopener\" target=\"_blank\">Announced in July<\/a>, the SkyWater project is expected to create 750 Greater Lafayette jobs \u2014 350 technicians and manufacturing employees earning $60,000 a year; 200 operations engineering and facilities, maintenance, and tech support positions at annual salaries of $100,000; and 200 research and development engineering, technology development and management positions earning $130,000 a year.<\/p>\n\n\n\n<p>\u201cPurdue is delighted to deepen&nbsp;our&nbsp;collaboration with Ivy Tech to create and implement semiconductor workforce&nbsp;development programs that&nbsp;will&nbsp;benefit the&nbsp;entire Greater Lafayette region,\u201d said Mark Lundstrom, interim dean of Purdue\u2019s College of Engineering.<\/p>\n\n\n\n<p>\u201cWith semiconductor companies and their suppliers and service providers, the resulting economic impact in the region will be immense,\u201d Lundstrom added, \u201cand this will only be possible with&nbsp;a talent pipeline that includes high school graduates, skilled&nbsp;technicians with&nbsp;AS degrees, and engineers with BS, MS and PhD degrees.\u201d<\/p>\n\n\n\n<p>The Purdue-Ivy Tech workforce partnership also aligns with a Purdue Research Foundation goal to work with the Indiana Uplands region and Naval Surface Warfare Center, Crane, to leverage Purdue\u2019s R&amp;D in the semiconductor space. Studies show that every single semiconductor job in the United States, for example, supports 5.7 other jobs in the economy.&nbsp;<\/p>\n\n\n\n<p>Outlined by Gov. Holcomb in his State of the State address in January, READI leveraged $500 million from federal COVID-19 relief funds for Indiana that could be allocated for regions across the state to jump-start larger economic development projects.<\/p>\n\n\n\n<p>In its 74-page proposal to the state\u2019s READI program in September 2021, Greater Lafayette submitted a funding request for 43 regional projects totaling $131 million. Greater Lafayette was among 17 regions, together representing all 92 Indiana counties, that took advantage of the READI program. The project grants must be matched by local public, private or philanthropic funds.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About Greater Lafayette Commerce<\/strong><\/h2>\n\n\n\n<p>Headquartered in Lafayette, Indiana, Greater Lafayette Commerce Community and Economic Development Foundation is a nonprofit 501\u00a93 corporation and was established in 2016 for charitable and education purposes to support the promotion of economic and community development in Greater Lafayette of the state of Indiana. The foundation supports the efforts of Greater Lafayette Commerce and its economic development partners in Fountain, Warren, Benton, White and Carroll counties and is the convener and fiscal agent for Greater Lafayette and the Greater Lafayette Economic Alliance.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About Purdue University<\/strong><\/h2>\n\n\n\n<p>Purdue University is a top public research institution developing practical solutions to today\u2019s toughest challenges. Ranked in each of the last five years as one of the 10 Most Innovative universities in the United States by U.S. News &amp; World Report, Purdue delivers world-changing research and out-of-this-world discovery. Committed to hands-on and online, real-world learning, Purdue offers a transformative education to all. Committed to affordability and accessibility, Purdue has frozen tuition and most fees at 2012-13 levels, enabling more students than ever to graduate debt-free. See how Purdue never stops in the persistent pursuit of the next giant leap at\u00a0<a href=\"https:\/\/purdue.edu\/\">https:\/\/purdue.edu\/<\/a>.<\/p>\n\n\n<div id=\"note\" class=\"post-content__attribution \">\n    <div class=\"columns\"> \n                    <div class=\"column\"> \n                <p class=\"post-content__source\">\n                    <strong>Writer:<\/strong>\u00a0Phillip Fiorini,\u00a0<a href=\"mailto:pfiorini@purdue.edu\">pfiorini@purdue.edu<\/a><br><strong>Media contact:<\/strong>\u00a0Tim Doty,\u00a0<a href=\"mailto:doty2@purdue.edu\">doty2@purdue.edu<\/a>                <\/p>\n            <\/div>\n                    <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>WEST LAFAYETTE, Ind. &mdash; A Purdue University-led project will receive $5 million in funding through a Greater Lafayette economic development initiative to support the expected regional workforce demand in the promising semiconductor manufacturing industry, Purdue and community officials announced Wednesday<\/p>\n","protected":false},"author":2,"featured_media":6482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[54,316],"tags":[],"department":[31,73,58,80],"source":[29],"purdue_today_topic":[72],"coauthors":[65],"class_list":["post-6477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-prf","department-engineering","department-president","department-purdue-moves","department-technology-commercialization","source-purdue-news","purdue_today_topic-general"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/posts\/6477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/comments?post=6477"}],"version-history":[{"count":1,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/posts\/6477\/revisions"}],"predecessor-version":[{"id":6487,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/posts\/6477\/revisions\/6487"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/media\/6482"}],"wp:attachment":[{"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/media?parent=6477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/categories?post=6477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/tags?post=6477"},{"taxonomy":"department","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/department?post=6477"},{"taxonomy":"source","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/source?post=6477"},{"taxonomy":"purdue_today_topic","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/purdue_today_topic?post=6477"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.purdue.edu\/newsroom\/wp-json\/wp\/v2\/coauthors?post=6477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}