Semiconductor manufacturer Clas-SiC Wafer Fab, based in Lochgelly, is one of the first recipients of Scottish Enterprise’s new Capital Grant, designed to help drive levels of business investment and productivity.
The A £1.9 million grant, part of a £12m company investment, will enable Clas-SiC to upgrade its technology and equipment to meet growing global demand for its silicon carbide power semiconductors, used in electric vehicles and renewable energy systems.
Production staff and apprentices will also receive new training as part of the expansion.
Economy Secretary Stephen Flynn said: “This is a fantastic example of innovation and an ambitious Scottish business driving growth in a competitive global market.
“Scotland is home to one of the largest semiconductor clusters in the UK. Clas-SiC is a fundamental part of this ecosystem and an asset to Scotland’s Critical Technologies supercluster.
“This supercluster generates £4.5 billion turnover annually for the economy and employs over 11,000 people. The Scottish Government is supporting the industry-led ambition to grow this to £10bn with an additional 6,600 jobs by 2035.
“Clas-SiC’s expansion will safeguard skilled jobs in Fife, strengthen our export base and support the fundamental technologies that will power our transition to a cleaner economy.”
Scottish Enterprise chief executive Adrian Gillespie said: “Clas-SiC is investing for the future confidently in one of the most important global industries. The investment will safeguard jobs in Fife, strengthen Scotland’s advanced manufacturing base and improve productivity as the business continues to grow in international markets. ”
Clas-SiC director and chief executive Jen Walls said: “This investment is important as it helps accelerate our next generation of technology.
“The additional capability will strengthen our position on the global stage and improve our ability to meet growing demand in a high growth sector.
“This funding enhances our available capex and maintains our place within the technology leading global supply chain.”
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