Syracuse designated Investing in America Workforce Hub, focused on semiconductor manufacturing
“President Joe Biden will visit Syracuse on Thursday to formally announce the preliminary agreement between the Department of Commerce and Micron providing Micron with up to $6.14 billion in direct funding under the CHIPS and Science Act.”
New York woos Japan companies to join Micron in nascent chip hub
“The head of New York’s economic development agency is working to draw investment from Japanese chip industry suppliers as the state seeks to build a hub for the sector around Micron Technology’s planned fabrication facilities.”
GlobalFoundries to construct second plant in Malta
“GlobalFoundries will be building a second chip FAB plant in Malta, following a $1.5B grant awarded from the federal government.”
Raymond Corporation buys two Kirkwood buildings for expansion
“Raymond Corporation of Greene has announced it has purchased two buildings to provide more space for warehousing and light manufacturing operations. The company makes forklifts and other material handling equipment.”