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Expansion planned at O'Fallon manufacturing plant

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A pair of companies are planning an expansion of a silicon wafer manufacturing plant in O'Fallon.

New York-based GlobalFoundries Inc. and Taiwan-based GlobalWafers Co. Ltd. reached an $800 million agreement to add silicon-on-insulator wafer manufacturing at GlobalWafers' plant in the Missouri city.

The deals calls on nearly $210 million in capital expenditures for the plant and the creation of 75 jobs.

Read more from the St. Louis Business Journal.

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