Construction of semiconductor manufacturer Wolfspeed’s $5-billion John Palmour Manufacturing Center for Silicon Carbine in Siler City, N.C., is continuing on schedule for production to begin in the first half of 2025, company leaders told investors Oct. 30 during their latest financial results call.
Major wind developer, and others that include giant Equinor, predict millions in writedowns as first projects face tough economics, but proponents see a solid market that needs government attention to current obstacles.
The project is planned to include design and construction of a 2,625-ft-long, eight-lane immersed tube tunnel to replace the aging four-lane George Massey Tunnel.