Formerly operating locally as Honeywell, Solstice Advanced Materials (Nastaq:SOLS), a leading pure-play specialty materials company recently announced they broke ground on a $200 million dollar investment to expand and modernize its electronic materials facility in Spokane Valley. By the end of 2029, the facility's current production capacity for sputtering targets is expected to double, helping meet customer demand amid rapid expansion across their industry. Physically the expansion will add +/- 110,000 square feet of new building space.
"This groundbreaking represents more than an investment in our Spokane operation - it's an investment in our customer and in the future of American semiconductor innovation," said Solstice President and CEO David Sewell. "As demand accelerates for artificial intelligence, high-speed computing and connected technologies, we are preparing the Spokane facility to deliver the quality, reliability and scale our customers need to drive innovation. The expansion project underscores our commitment to strengthening supply chain resilience, enhancing production efficiency and driving sustainable manufacturing innovation in the exciting growth market."
The expansion at the Spokane Valley facility will also deliver significant benefits to the local and regional community. Of the $200 million investment, approximately $80 million is expected to be spent with Washington-based suppliers. In addition, the company plans to add over 80 new positions and make critical investments to upskill technicians. The Spokane site is located at corner of N. Sullivan Rd and Euclid Ave. adjacent to the Spokane Business & Industrial Park. For more information about Solstice Advanced Materials, including how to apply for open positions visit their website at https://www.solstice.com/us/en
