High-tech semiconductor equipment manufacturer chooses Michigan from list of 350 North American locations, further expanding state’s high-tech footprint
- Creating 500 jobs wins MSF approval of Good Jobs for Michigan incentive
- State’s logistics sector gains boost with Coyote Logistics’ plans to expand in Detroit
- Developments attract $74.7 million in total private investment, create 800 jobs
LANSING, Mich. – Citing Michigan’s attractive business climate, logistical assets, and R&D talent base, Silicon Valley-based KLA-Tencor Corporation (NASDAQ: KLAC) today announced its plans to establish a new research-and-development center in Ann Arbor. The development is expected to generate a total capital investment of more than $70 million and create 500 high-tech jobs over the next five years.