Saginaw County's Hemlock Semiconductor to shutter massive, $1.2 billion Tennessee plant | WHAT REALLY HAPPENED

Saginaw County's Hemlock Semiconductor to shutter massive, $1.2 billion Tennessee plant

It was four years ago when Tennessee lawmakers and residents of an up-and-coming community thought all of the answers to their town's challenges were coming in the form of a $1.2 billion polycrystalline silicon plant.

Thomas Township-based Hemlock Semiconductor had plans to build a massive plant in Clarksville, Tennessee, consisting of as many as 50 buildings on a 1,215-acre site.

It was going to create "amazing opportunities for all people, especially young people," a Clarksville County official said in 2010.

On Wednesday Dec. 17, Hemlock Semiconductor officials announced that its Clarksville site, located roughly 45 minutes northwest of Nashville, is closing permanently because of sustained adverse market conditions created by oversupply of polysilicon and ongoing challenges presented by global trade disputes.

Tags:

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA