The planned expansion by NHanced Semiconductors just west of Bloomington’s city limits, has been discontinued.
The expansion could have meant 250 new jobs, many of which would have paid around $100,000 a year.
The public announcement from the semiconductor firm came at the Monroe County council’s regular Tuesday meeting, from NHanced president Bob Patti.
In December last year, the county council unanimously granted a significant tax abatement for the NHanced expansion.
As reasons for the decision to end the company’s effort to expand on Bloomington’s outskirts, Patti cited some federal funding that did not pan out, as well as decreased prospects for private investment.
Patti said, “We are disappointed that we were not able to get CHIPS funding and there were some other avenues that were open to us that did not pan out.” Continue reading “Discontinued: NHanced Semiconductors planned expansion on Bloomington’s west side”
