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Red Hook preparing to develop workforce housing on Cookingham property

RED HOOK, N.Y.  – RUPCO has proven to be exactly the type of developer town Supervisor Robert McKeon had hoped for when planning for 40 units of workforce housing on a 12-acre section of the Cookingham Farm property on U.S. Route 9 and North Broadway. The optimism was shared Wednesday during a Town Board update […]

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Village of Red Hook starts planning for sewer expansion

RED HOOK, N.Y. As the final bills come in from the now-completed construction of the $8.45 million village sewer system, there are already efforts to plan for expansion. The planning is considered necessary for a treatment plant that is at capacity. A request seeking qualifications of engineering firms interested in the project was authorized […]

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GlobalFoundries gains $1.5bn in CHIPS and Science Act funding

Projects to expand New York fab, build new fab, and upgrade Vermont fab for high-volume GaN manufacturing

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GlobalFoundries and Biden-Harris Administration Announce CHIPS and Science Act Funding for Essential Chip Manufacturing

$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)

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Learn How a $1.5 billion U.S. CHIPS Act Investment Enables GlobalFoundries to Expand its Semiconductor Production

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.

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