Basic Search
|
Geographic Searches
|
Advanced Search |
MegadealsSubsidy 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
Subsidy Value in 2023 Dollars: $357,668,688
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
(click here)
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: If an online information source is not working, check the Tracker
inventory page for an updated link.