Skip to main content

Rancho Cordova Independent

Global Semiconductor Company Builds Research and Development Facility

Oct 06, 2022 12:00AM ● By Solidigm News Release

One of California's largest semiconductor projects will move into White Rock Corporate Campus, creating up to $1.2 billion in annual economic impact for the capital region. Photo courtesy of the City of Rancho Cordova

RANCHO CORDOVA, CA, (MPG) - Solidigm, a U.S.-based subsidiary of global semiconductor company SK hynix, Inc., along with the City of Rancho Cordova and the Greater Sacramento Economic Council(GSEC), announced the largest high-wage jobs project in Greater Sacramento’s history.

After an exhaustive site search in the Greater Sacramento region, Solidigm chose the City of Rancho Cordova to build its global research and development (R&D) campus, which will be home to more than 1,900 professionals in highly paid technology jobs over the next five years with more than $100 million investment in the facility. This is the largest semiconductor industry R&D project Greater Sacramento has seen over the last decade.  

Solidigm is a leading global provider of innovative NAND flash memory solutions. The company launched as a U.S.-based subsidiary of SK hynix, Inc., the world’s second-largest memory chip maker, on December 29, 2021, following an October 2020 agreement by SK hynix to acquire Intel's NAND and SSD business for $9 billion. 

Solidigm is currently working on tenant improvements to the 230,000-square-foot R&D campus and is targeting a move-in date in the first quarter of 2023. The site was chosen for its ample office and lab space, proximity to where Solidigm’s workforce lives, availability of public transportation, nearby amenities and the ability to expand to accommodate a growing workforce. 

“Solidigm is pleased to bring innovation and jobs to Rancho Cordova and the Greater Sacramento area, known for its highly skilled workforce and spirit of inventiveness,” said Solidigm CEO Rob Crooke. “We look forward to investing in and supporting the area’s economic growth and community through jobs, partnerships, and volunteerism.”

“As a global leader in data memory storage, Solidigm brings its research and development to Rancho Cordova at a critical time for our national supply chain and at a moment when we need more U.S. investment in the essential technologies of the future,” said Congressman Ami Bera. “And regionally, the benefits of this—the largest high-wage jobs economic development project our region has ever seen—brings considerable investment and opportunities that will benefit the Greater Sacramento region and its residents.”

“We are thrilled to welcome Solidigm to the City of Rancho Cordova,” said Mayor Donald Terry. “Our city, one of the largest jobs centers in the Greater Sacramento region, is home to over 3,500 diverse businesses. We’re proud to further diversify and add data memory storage to the exceptional list of entrepreneurial efforts that are established here.”

“This investment was a significant team effort and showed collaboration within the Greater Sacramento economic development community, proving global market validation in the semiconductor industry,” said GSEC President and CEO Barry Broome. “I’m proud of the GSEC and Rancho Cordova teams who worked with our community partners to make this project a success for the state capital of California and put us on a global stage for future semiconductor economic development projects.”

A critical site selection factor for this project was the timely availability of low-cost, high-uptime power. As a core member of the project team, the Sacramento Municipal Utility District (SMUD) has ensured that timelines for the project were met with high reliability and competitive cost.

Solidigm is a leading global provider of innovative NAND flash memory solutions. Solidigm technology unlocks data’s unlimited potential for customers, enabling them to fuel human advancement. Our origins reflect Intel’s longstanding innovation in memory products and SK hynix’s international leadership and scale in the semiconductor industry. Solidigm became a standalone U.S. subsidiary under SK hynix in December 2021. Headquartered in California, Solidigm is powered by the inventiveness of more than 2,000 employees in 20 locations around the world. For more information, please visit solidigm.com and follow us on Twitter at @Solidigmand on LinkedIn. “Solidigm” is a trademark of SK hynix NAND Product Solutions Corp (d/b/a Solidigm).

Sacramento County Legal ads  Click on this image to learn more about placing legal ads in the Messenger Publishing Groups publications
Sacramento  Rancho Cordova Grapevine Independent - Memorial ads  Click on this image of a Peace Lily to learn more about placing a Memorial ad in the Rancho Cordova Grapevine Independent
Sacramento  Rancho Cordova Grapevine Independent  Crime Reports  Click on this image of Police Tape to read a listing of recent crimes in the Rancho Cordova Area
Sacramento  Rancho Cordova Grapevine Independent  Donated to support local journalism  Click on this image to donate to the Rancho Cordova Grapevine Independent to keep local journalism alive
Sacramento - Rancho Cordova Grapevine Independent  Make the Rest of your life the Best of your life Click on this image of a mature couple to find resources and articles for mature singles
Sacramento  Rancho Cordova Click on this ad to find archives of past Rancho Cordova Grapevine Independent  newspapers
Sacramento  Rancho Cordova Grapevine Independent  Image of fresh food Click on this ad for KP International Market to go to their website
Sacramento  Rancho Cordova Click on this ad for El Dorado Savings Bank to be taken to their website
Sacramento  Rancho Cordova Click on this ad for First US Community Credit Union to be taken to their website
Sacramento Rancho Cordova Click on this ad for Cogir of Stock Ranch Senior Living Facility to learn more about their services
Sacramento Rancho Cordova Click on this ad for Pinnacle Employee Services to learn more about their HR Payroll and Benefits services for businesses
Sacramento  Rancho Cordova Click on this ad for American River Chiropractic to learn more about their Chiropractic Memberships
Sacramento Rancho Cordova Call 916-728-5812 to learn more about Superior Landscaping Services company
Sacramento Rancho Cordova Image of Sacramento Choral Society and Orchestra Click on this ad to learn more about Sacramento Choral Society and Orchestra schedule and buy tickets
Sacramento  Rancho Cordova Image of Sacramento River Cats Baseball Team Click on this ad to learn more about River Cats Baseball schedule and to buy tickets
Sacramento  Rancho Cordova Image of Giant Hamburger and Milk shake  Click on the image to learn more about jaspers Giant  Burgers and to view a menu
Sacramento  Image of the Milky Way Click on this ad to learn more about the programs and events at Aero Space Museum of California and to buy tickets
Sacramento   Click on this ad to learn more about the Tunnel to Towers Foundation An organization helping disabled Veterans and Homeless veterans find housing and support
Upcoming Events Near You

No Events in the next 21 days.