Entegris breaks ground on $600 million expansion to create 600 jobs in Colorado Springs
COLORADO SPRINGS, Colo. (KRDO) -- On Wednesday, nearly six months after it was announced, semiconductor chip manufacturer Entegris officially started a major expansion of its existing operations in town.
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New Mayor Yemi Mobolade, in his first full day in office, joined other local leaders in a groundbreaking ceremony on the 88-acre site between South Rockrimmon Boulevard and Ute Valley Park on the city's northwest side.
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Entegris currently has 300 employees at its facility along Garden of the Gods Road; the expansion will triple the workforce to 900 over the next few years.
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The site was previously owned by Hewlett Packard but that facility was closed and demolished several decades ago when much of the semiconductor industry moved overseas.
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Norwood Development acquired the property and has been working with Entegris and city leaders on the expansion.
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Entegris is now spearheading a U.S. revival of the industry as semiconductors are in greater demand for the aerospace and defense industries.
The expansion will occur in phases, with production expected to begin in 2025.
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The project is called the Manufacturing Center of Excellence.