Diamond Foundry announced Wednesday it has chosen Wenatchee for its planned 2018 MegaCarat Foundry.
The company leased three acres and a building from Stemilt.
Facilitization work for the new site and local hiring has already began. First diamond reactors are scheduled to be deployed in 2018.
Diamond Foundry’s decision was enabled by tremendous cooperation with West Mathison and Stemilt, Craig Larsen and Patrick Jones and the Port of Chelan, the Mayor of Wenatchee Frank Kuntz and his team, and Steve Wright and his team of the Chelan PUD.
Governor Jay Inslee and Washington State’s Department of Commerce also facilitated the decision.