![]() A growing microchip manufacturer based in Colorado Springs may be about to embark upon a major facility upgrade, thanks to a new infusion of federal funds. The company Microchip Technology produces a wide variety of microcontrollers, power, and battery management analog services, not to mention linear, interface, and wireless products. Launched in 1989, with its headquarters in Chandler, Arizona, the company has long had a wafer fabrication facility in Colorado Springs, as well as Tempe, Arizona and Gresham, Oregon. Now the Department of Commerce has revealed a preliminary agreement that could send upwards of $90 million in funding for Microchip Technology to modernize its Colorado Springs operation, with another $72 million to be used to expand the Oregon facility. The funding would come through the CHIPs and Science Act and would be used to target increased microchip production at both the Colorado and Oregon operations. Although the deal has not yet been finalized, Laurie Locascio, Commerce Department undersecretary, remarked that by "investing in the production of semiconductors here at home, we are capitalizing on the ability to strengthen our domestic supply chain." Locascio continued that such investment also empowers America to "produce systems and the components we need, and our allies need, and we rely on for our collective national and economic security." Early last year, Microchip Technology announced its intention to spend upwards of $800 million on its Colorado Springs campus, which is located at 1150 E. Cheyenne Mountain Boulevard, on the southeast side of the city. By Garry Boulard
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