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New major investment involving Bosch expected to bring 1,700 jobs to Roseville

The proposed investment involves a substantial sum of 225 million in direct funding to support Bosch’s ambitious 1.9 billion project.

New major investment involving Bosch expected to bring 1,700 jobs to Roseville

The proposed investment involves a substantial sum of 225 million in direct funding to support Bosch’s ambitious 1.9 billion project.

ROSEVILLE. THIS COMES AFTER THE WHITE HOUSE ANNOUNCED AN INVESTMENT WITH A GLOBAL LEADER IN TECHNOLOGY, KCRA 3’S ERIN HEFT IN STUDIO THIS MORNING WITH A LOOK AT WHAT WE KNOW SO FAR. GOOD MORNING. THIS IS AN EXCITING ONE. THE PROPOSED INVESTMENT, A MASSIVE ONE $225 MILLION IN DIRECT FUNDING, ALL IN SUPPORT OF BOSCH’S PLANNED $1.9 BILLION INVESTMENT TO TRANSFORM A LOCAL ROSEVILLE MANUFACTURING FACILITY. THIS, ALL IN SUPPORT OF THE CREATION AND PRODUCTION OF SOMETHING CALLED SILICON CARBIDE POWER SEMICONDUCTORS. THEY’RE USED TO CREATE THINGS LIKE ELECTRIC VEHICLES. THIS WOULD CREATE THE COMPANY’S LARGEST GLOBAL FACTORY FOR BOSCH, CREATING DEVICES OF THIS TYPE, WHICH IN TURN SUPPORTS U.S. TECHNOLOGY, TECHNOLOGY, LEADERSHIP AND SECURES OUR SUPPLY CHAIN AS A COUNTRY. LOCAL IMPACT WOULD ALSO BE A BIG ONE, CREATING UP TO 1000 CONSTRUCTION JOBS, 700 MANUFACTURING, ENGINEERING AND RESEARCH BASED JOBS HERE IN CALIFORNIA. THAT PROPOSED INVESTMENT, SUPPORTED UNDER THE CHIPS AND SCIENCE ACT, A PROGRAM THAT’S AWARDED $25 BILLION AND CREATED OVER 125,000 JOBS ACROSS OUR NATION. MIKE. ALL RIGHT. THANKS SO MUCH. AND BOSCH EXPECTS TO PRODUCE ITS FIRST CHIPS A
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New major investment involving Bosch expected to bring 1,700 jobs to Roseville

The proposed investment involves a substantial sum of 225 million in direct funding to support Bosch’s ambitious 1.9 billion project.

The Biden-Harris Administration on Friday revealed plans for a significant investment in Roseville in collaboration with Bosch, a global leader in technology.The investment involves a substantial sum of $225 million in direct funding to support Bosch’s ambitious $1.9 billion project. This initiative aims to transform a local manufacturing facility into the company’s largest global factory focusing on the creation and production of silicon carbide power semiconductors.The investment is expected to bolster U.S. technology leadership and enhance supply chain security. The local community will see a significant impact, with the creation of up to 1,000 construction jobs and 700 positions in manufacturing, engineering and research. This transformative project is backed by the "CHIPS and Science Act," a program that has already awarded $25 billion and created over 125,000 jobs across the nation. Bosch plans to commence chip production at the Roseville facility by 2026, marking a considerable milestone in the region's technological advancement.See more coverage of top California stories here | Download our app | Subscribe to our morning newsletter

The Biden-Harris Administration on Friday revealed plans for a significant investment in Roseville in collaboration with Bosch, a global leader in technology.

The investment involves a substantial sum of $225 million in direct funding to support Bosch’s ambitious $1.9 billion project. This initiative aims to transform a local manufacturing facility into the company’s largest global factory focusing on the creation and production of silicon carbide power semiconductors.

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The investment is expected to bolster U.S. technology leadership and enhance supply chain security. The local community will see a significant impact, with the creation of up to 1,000 construction jobs and 700 positions in manufacturing, engineering and research.

This transformative project is backed by the "CHIPS and Science Act," a program that has already awarded $25 billion and created over 125,000 jobs across the nation. Bosch plans to commence chip production at the Roseville facility by 2026, marking a considerable milestone in the region's technological advancement.

See more coverage of top California stories here | Download our app | Subscribe to our morning newsletter