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GlobalFoundries Malta Plant Expansion and Modernization

Sector: Aerospace & Defense • Location: Malta, New York, United States

Source: Vermont Business Magazine

Project
Planned

GlobalFoundries is set to receive $1.5 billion in funding to expand its semiconductor manufacturing facility in Malta, NY, and modernize its facility in Essex Junction, VT. This investment will support the construction of a new state-of-the-art fab and enhance existing capabilities to meet the growing demand for essential chips in various markets including automotive and aerospace.

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Project Information

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The project “GlobalFoundries Malta Plant Expansion and Modernization” is an infrastructure initiative in the Aerospace & Defense sector, located in Malta, New York, United States. Taiyo aggregates data on it from Vermont Business Magazine.

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Planned

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Description

Description

GlobalFoundries is set to receive $1.5 billion in funding to expand its semiconductor manufacturing facility in Malta, NY, and modernize its facility in Essex Junction, VT. This investment will support the construction of a new state-of-the-art fab and enhance existing capabilities to meet the growing demand for essential chips in various markets including automotive and aerospace.

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High

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