Subsidy Tracker Individual Entry

Company: 
International Sematech
Parent Company: 
Sematech
Subsidy Source: 
state
Location: 
New York
City: 
Albany
Project Description: 

semiconductor consortium research center

Year: 
2002
Major Industry of Parent: 
electrical and electronic equipment
Specific Industry of Parent: 
semiconductors
Subsidy Value: 
$210,000,000
Program Name: 
infrastructure assistance
Awarding Agency: 
state legislature
Type of Subsidy: 
MEGADEAL
Capital Investment: 
$400,000,000
Source of Data: 

The subsidy value and investment figure came from: Richard Perez-Pena, "Albany Chosen as Research Hub for the Next Generation of Chips," New York Times, July 18, 2002. See also the University of Albany Fall 2002 magazine at http://www.albany.edu/pr/ualbanymagfall02/sematech.htm

Notes: 

The state provided the $210 million to help finance construction costs of the research center at the University of Albany. Overlaps with main Subsidy Tracker data: none.

Source Notes: 
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