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MECHANICVILLE, N.Y. The weather was good and the community was excited to come out recently for two popular city events, the 49th Annual Tenandeho White Water Derby and the Anything That Floats Regatta. The Anything That Floats Regatta hadn’t been put on for many years before its return last year when the Mechanicville Area […]
A local university unveiled a new high-tech addition to their campus Friday, becoming the first university in the world able to do so. School officials say the
$1.5 billion potential investment will support the expansion of GlobalFoundries New York facility, including construction of a new state-of-the art fab, and the modernization of its Vermont facility, adding secure capacity for essential chip manufacturing for automotive and other key markets Additional $600 million plus planned in New York State Green CHIPS and other State benefits over the 10-year term of the New York projects MALTA, N.Y. and ESSEX JUNCTION, Vt., Feb. 19, 2024 (GLOBE NEWSWIRE)
The U.S. Department of Commerce today announced $1.5 billion in planned direct funding for GlobalFoundries as part of the U.S. CHIPS and Science Act. This investment will enable GF to expand and create new manufacturing capacity and capabilities to securely produce more essential chips for automotive, IoT, aerospace, defence, and other vital markets.