US Factory Map

Bloomington fab expansion

Polar Semiconductor, Bloomington, Hennepin County, Minnesota

Bloomington fab expansion in Bloomington, Minnesota is Polar Semiconductor’s plant for power and sensor chips (200mm). Status: announced as of May 13, 2024. Polar Semiconductor announced $525 million and 160 jobs. Primary source: mn.gov, checked November 1, 2026.

Status
Announced
Announced investment
$525 million
Announced jobs
160
Industry
Semiconductors
Sheet
MN-07
Revised
November 1, 2026

Status timeline

  1. Announcedmn.gov

Filled dots are confirmed by a company, state, SEC or federal source. Dashed dots come from news reports only. Investment and job figures are as announced, not achieved.

Plant facts

CompanyPolar Semiconductor
PlantBloomington fab expansion
LocationBloomington, Hennepin County, Minnesota
IndustrySemiconductors
ProductPower and sensor chips (200mm)
Announced investment$525 millionSupported by $120M CHIPS Act funding and $75M Minnesota Forward Fund
Announced jobs160
Last checkedNovember 1, 2026

Sources

  1. MN Governor: Polar Semiconductor $525M expansion (state release, mn.gov, checked November 1, 2026)

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