SEMICONDUCTOR MAKER RELOCATING TO FRESNO, BRINGING 500 JOBS, CHILDCARE FOR WORKERS
A Wyoming-based corporation has received a $15 million state grant to relocate its headquarters to Fresno, where it plans to manufacture semiconductors and energy storage systems. In the process, the company plans to create at least 500 new, full-time jobs and make nearly $21 million of capital investments in the region.
Tynergy was one of a dozen companies awarded nearly $150 million in grants and tax credits as part of the latest round of the CalCompetes program by the Governor’s Office of Business and Economic Development announced Nov. 17. The announcement comes weeks after members of the Fresno City Council and Fresno County Economic Development Corp. President and CEO Will Oliver hosted a City Hall news conference announcing the Fresno CHIPS Act.
The proposal would create incentives for manufacturers of semiconductors. The Fresno County Economic Development Corp. said in a social media post that Tynergy plans to offer starting salaries of $70,000 per year, complementary training programs and a “robust” benefits package, including childcare services for all employees.
Tynergy is a subsidiary of Indonesia-based green energy company Mirah Green. It bills itself as a sustainable energy development company with a goal to “eradicate poverty through affordable and clean energy while taking climate action.”