An important step forward has been taken with a project that is expected to see the construction of a 500,000 square foot microelectronic manufacturing campus on the northwest side of Colorado Springs.
The Billerica, Massachusetts-based Entegris announced several months ago that it wants to build its facilities on just under 90 acres of land at 301 S. Rockrimmon Boulevard.
The project will expand a presence that Entegris already has in the city: the company was founded more than two decades ago via the merger of the manufacturing companies Flouroware and Empak, which operated a 70,000 square foot facility in Colorado Springs.
It is thought that it may cost as much as $631 million to build the new Entegris campus.
Members of the El Paso County Board of County Commissioners have given their unanimous approval to providing some $9.2 million in incremental tax revenue for the project. That revenue will be spread out over a 25-year period.
Various public officials, including Colorado Governor Jared Polis, have also expressed support for the project.
As earlier announced, the project is also receiving around $115 million in various incentives from the Colorado Springs Chamber of Commerce and Economic Development Corporation, Colorado Springs Utilities, and several other entities.
The proposed facility upon completion would, according to Entegris, be known as a “manufacturing center of excellence.”
According to a company press release, the new facility will support Entegis’ advanced materials handling and microcontamination control divisions. Both of those divisions are tasked with developing products used to manufacture semiconductors.
Company officials have said that the campus will most likely be built in phases, with the first phase seeing the construction of some 100,000 square feet.
Work is expected to begin later this year, with an anticipated first phase completion date of summer 2024.
By Garry Boulard