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Bay Future | Bay Future Focus: September 2022

08.21.19 -- BayFutureDriveForward.

President & CEO’s Message

Last week, we joined in the excitement of celebrating a ribbon cutting at SK Siltron CSS. Our team had the honor to work with leaders from the SK team, State of Michigan, MEDC, Bay County, and Monitor Township, among others, to help make this project, a reality. Not just any project, however, the single most significant project, by investment total, in modern history, within our community.
 
$300 Million and 150 new high-wage, high-tech jobs are impressive on paper, but even more impressive, even more impactful, is when you see that investment, up close and personal,
with your own eyes.  
 
The impact of this project has already had a measurable, sizeable, and powerful ripple effect throughout our state, country, and beyond. And it will continue to as wafers are made, packaged, and shipped from Bay County, Michigan. 
 
I could share the economic factors and figures that will contribute to the direct, indirect, and induced impact this project will have on our community. But beyond the ratios and the multipliers is the significant and generational impact it will have on our neighbors, our friends, and our family members who now have the opportunity to find new high-tech careers here, locally, that are sure to enhance their quality of life and have lasting, positive impacts, on their lives and the lives of their children. 
 
SK Siltron CSS is a world-class, high-tech company that could have chosen to make this investment, quite literally, anywhere in the world. We are appreciative that they decided to choose to invest in Bay County and in the State of Michigan and are thankful to all of those partners, who assisted in making this project, a reality.  
 
Keyes 2022
 
 
Happy reading,
 
-Trevor Keyes, EDFP
President & CEO
Bay Future, Inc.
 
 
 
 
Featured Content
 
SK Siltron CSS Ribbon Cutting
 
SK Siltron CSS, headquartered in Auburn, Michigan announced plans in August 2021 to expand production of much-needed silicon carbide wafers, considered the future of the industry because of their ability to efficiently transfer energy. The company acquired and rehabilitated a facility in Monitor Township to support its growth.  
 
SK Siltron CSS currently has 215 employees at the location in Bay County. 70% of new employees will be skilled workers and 30% of new employees will be engineers. The project is expected to result in the creation of up to 150 jobs by 2024 and over $300 Million in Investment. The project will result in high-wage jobs in high-tech manufacturing ranging from semi-skilled operators to engineers and will continue to strengthen Michigan’s automotive, mobility and advanced manufacturing industries.
 
The official Ribbon Cutting at SK Siltron CSS
 
Leaders from SK Group, SK Siltron, SK Siltron CSS, Bay Future, Inc., the Michigan Economic Development Corporation, and the State of Michigan.
 
Jianwei Dong, CEO SK Siltron CSS
 
Bay County Commissioners, BFI Staff, Members of the BFI Board of Directors
 
Trevor Keyes, President & CEO Bay Future, Inc.
 
Bay County Commissioners, BFI Staff, Members of the BFI Board of Directors, Monitor Township Officials, State of Michigan Leaders
 
 
Learn more about Begick’s Nursery & Garden Center
Begick's Nursery & Garden Center
We had the opportunity to build a relationship with Begick’s throughout the recovery of the COVID-19 pandemic. Learn more about Begick’s and their commitment to Bay County!
 
 
 
 
Investor Spotlight
 
Meet Kerice Basmadjian
Bay Future, Inc. Meet Kerice Basmadjian
“We all are working for the bigger picture of making Bay City and Bay County a better place… These people at Bay Future are doing their part. They do it for the love of the City and for the love of the County,” Kerice Basmadjian.
 
Learn more about Kerice Basmadjian, Bay Future, Inc. Board of Director and Commissioner, 7th Ward of the City of Bay City Board of Commissioners.
 
Featured Event
 
Talent, Attraction & Retention Initiative Update
 
Networking and Breakfast 7:00 AM – 7:45 AM
Program Begins at 7:45 AM

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