Credit: Courtesy of Globalfoundries
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Feds Steer $1.5 Billion to GlobalFoundries’ Plants in Vermont, New York

GlobalFoundries plans to invest millions of dollars in its Essex Junction plant over the next several years, powered by $1.5 billion that the Biden administration awarded the company on Monday. The federal government will give Vermont’s largest private employer $125 million in cash and tax credits to refurbish the company’s large semiconductor plant outside of Burlington, […]

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