by Associated Press
LANSING -- A solar power technology company is getting ready to announce an investment of up to $1 billion in Michigan that would create about 190 jobs for people directly employed by the company.
Hemlock Semiconductor Corp. told the Michigan Economic Growth Authority about its plans Monday morning, and the economic development panel formalized tax breaks for the project.
The company was expected to make jobs-related announcements in both Michigan and Tennessee later in the day.
Hemlock is the world's largest maker of polycrystalline silicon for solar cells and semiconductor chips. The Michigan-based company is a joint venture between Dow Corning Corp. and two Japanese companies.
Michigan Gov. Jennifer Granholm signed legislation in August that would authorize tax breaks for Hemlock.