Pallidus, a silicon carbide wafer semiconductor manufacturer, will relocate and establish operations in Rock Hill, South Carolina. The $443 million project is expected to create 405 jobs in York County.

The new 300,000-square-foot facility, located at 1786 and 1800 Overview Drive, will serve as the company’s new corporate headquarters and manufacturing plant. Operations are scheduled to be online by the third quarter of 2023.

“We are thrilled to be partnering with the state of South Carolina, York County and the city of Rock Hill in supporting our new high-volume semiconductor silicon carbide wafer manufacturing plant and corporate headquarters. The decision to select Rock Hill, South Carolina for our next manufacturing facility was the result of extensive research to locate to a community that aligned with our innovative and collaborative spirit, offered an exceptional quality of life for our employees and is easily supported from our research and development facility in New York,” Pallidus Vice President Global Facilities Jerry Knowles said.

As an incentive the Coordinating Council for Economic Development approved job development credits related to the project.

“Innovative technology companies like Pallidus are helping to lead the way in this time of industry transformation. We appreciate Pallidus’ commitment to York County and confidence in South Carolina to be a partner for the future,” noted Secretary of Commerce Harry M. Lightsey III.

Founded in 2015, Pallidus leverages its proprietary M-SiC technology to increase the quality and lower the cost to produce silicon carbide wafers used in semiconductors. The company offers the premier silicon carbide solution for power semiconductor and other markets.

“We welcome Pallidus and are excited to have their company relocate to York County. The state of South Carolina, along with our region, continues to be a magnet for innovative, next-generation companies like Pallidus. Success stories like these, within our targeted industries, are a testament to our streamlined, dual-state economic development capabilities,” added Charlotte Regional Business Alliance Chief Business Recruitment Officer Danny Chavez.