What is the latest status of the project “GlobalFoundries Expansion Project”?

The status recorded for “GlobalFoundries Expansion Project” is Awarded.

What is the budget and commercial profile for the project “GlobalFoundries Expansion Project”?

Taiyo normalizes the budget of “GlobalFoundries Expansion Project” to USD 11500000000.

Where can I verify the source and access all details for “GlobalFoundries Expansion Project”?

This Taiyo project page references Construction Dive along with the original URL (https://www.constructiondive.com/news/globalfoundries-malta-new-york-semiconductor-expansion/708055/). Taiyo standardizes official data into a consistent, searchable project profile.

GlobalFoundries Expansion Project

Sector: Advanced Electronics • Location: Malta, New York, United States

Source: Construction Dive

Project

Awarded

GlobalFoundries has been awarded $1.5 billion in funding to expand its fabrication facility in Malta, New York, and to upgrade its Essex Junction, Vermont site. This expansion aims to increase production capacity and create over 1,500 manufacturing jobs, while also supporting the U.S. automotive industry with advanced semiconductor technologies.

Status: Closed
Sector: Advanced Electronics, Automotive, Commercial, Manufacturing (Industrial)
Location: Malta, New York, United States of America
Updated: 22 Jul 2026
Source: Construction Dive

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Project Information

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The project “GlobalFoundries Expansion Project” is an infrastructure initiative in the Advanced Electronics sector, located in Malta, New York, United States. Taiyo aggregates data on it from Construction Dive.

Participants

Not available for this record.

Status

Original status	Awarded
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	GlobalFoundries has been awarded $1.5 billion in funding to expand its fabrication facility in Malta, New York, and to upgrade its Essex Junction, Vermont site. This expansion aims to increase production capacity and create over 1,500 manufacturing jobs, while also supporting the U.S. automotive industry with advanced semiconductor technologies.
Original sector	Semiconductors
Budget

Location

Country	United States of America (USA)
State	New York
City	Malta

Source

Source	Construction Dive
URL

More Details

Record type	Project
Sector	Advanced Electronics, Automotive, Commercial, Manufacturing (Industrial)
Article published date	2025-03-20

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