'Investing in America': President Joe Biden expected to visit Triangle, Wolfspeed in RTP

DURHAM, N.C. (WTVD) -- On Tuesday, the president will come to Durham to kick off his Investing in America tour.

The White House says the trip will include a visit to Wolfspeed, a semi-conductor manufacturer in RTP where the president will talk about American manufacturing.

The Investing in America tour will be taking President Biden and cabinet members all across the country, and the President is kicking things off in the Bull City.

Durham-based Wolfspeed will be Biden's first stop on Tuesday and the visit will highlight how American Rescue Plan money is being used.

Durham Mayor Pro Temp Mark-Anthony Middleton says the decision proves that RTP is a major player in the tech industry.

"POTUS is coming, it's very exciting. What more appropriate American city than Durham," he said.

Middleton says local leaders need to find ways to handle the ever-growing population.

"It means that we've got to make smart decisions in terms of infrastructure that's within our control," said Middleton. "We as a government are obligated to make sure that all we can do is done to manage the growth, smartly."

Wolfspeed produces silicon carbide.

CEO Gregg Lowe released this statement about the President's visit: "As an American company, Wolfspeed looks forward to welcoming President Joseph R. Biden and his team to its North Carolina headquarters, where they will see firsthand our cutting-edge facilities for producing Silicon Carbide. Silicon Carbide is essential to accelerating the adoption of EVs, delivering energy savings to consumers, and meeting U.S. emission reduction targets while reducing U.S. dependence on foreign production of critical semiconductor technology. Wolfspeed is proud to play a critical role in fulfilling the objectives of the CHIPS & Science Act and the Inflation Reduction Act, and to reinforce U.S. leadership in the energy transition and the semiconductor industry."

The Secretary of Commerce and EPA Administrator are also set to visit North Carolina after the President's visit.

It's not known at this time if the president will be making any other stops while in the area.

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