Company pulls out of Mundy megasite semiconductor project 

The company eyeing the Mundy Township megasite pulled out of the deal on Wednesday due to economic turmoil, Governor Gretchen Whitmer (https://www.gongwer.com/directories/bio.cfm?nameid=60101)said in a statement this morning, pointing to "massive uncertainty" at the federal level.

The company is Sandisk, a semiconductor manufacturing company based in California, a source close to the project confirmed.

Whitmer said in a statement that the company pulled out "because of massive economic uncertainty at the national level" and has decided not to move forward with constructing any plants in the United States.

"Their board came to this decision amid national economic turmoil, which is at risk of worsening amid threats of even higher tariffs," Whitmer said. "Michigan's Mundy Township site was the company's preferred destination to build their massive facility."

Whitmer said Michigan will continue to compete with other states and countries in bringing "cutting-edge factories home" and create economic prosperity for workers in advanced manufacturing.

"While I will keep doing whatever is in my power to build on Michigan's economic momentum, there is no doubt that national economic uncertainty will make this harder," Whitmer said. "We will keep bringing people together to get big things done."

The source close to the project said the Mundy site is still available and a great location for advanced manufacturing.

The company had submitted an application for CHIPS Act funding to the Biden administration and the administration sat on it, according to the source. Now, the funding application is still sitting with the Trump administration.

Sandisk could not immediately be reached.

The Mundy site was approved for a $250 million legislative transfer in June 2024 from the Strategic Outreach and Attraction Reserve Fund.

Gongwer News Service will have more on this in in tonight's Michigan Report.