Home > News > State board approves $300M Sematech funding
March 1st, 2008
State board approves $300M Sematech funding
Abstract:
A state board unanimously approved $300 million on Friday for International Sematech's move to Albany, N.Y., the final step in the oversight process.
The five-member Public Authorities Control Board was the last group that needed to sign off on the grant, which the state Legislature approved in May 2007. The state's economic development arm also has approved the funding, which International Sematech will match.
International Sematech is a subsidiary of Sematech Inc., an Austin, Texas, consortium of computer microchip manufacturing companies. The company has had a research operation at the University at Albany since 2002, a partnership that received $160 million in state funds. It currently has about 250 employees on campus.
Now, International Sematech--which focuses on semiconductor manufacturing and research--will add an extra 450 jobs by moving its headquarters to the area, according to state officials.
Source:
sanantonio.bizjournals.com
Bookmark:
| Related News Press |
Jobs
Could quantum technology be New Mexico’s next economic boon? Quantum New Mexico Coalition aims to establish state as national hub April 1st, 2022
SEMI Partners with GLOBALFOUNDRIES to Offer Apprenticeship Program Aimed at Building the Electronics Talent Pipeline August 11th, 2020
Arrowhead Pharmaceuticals Reports Inducement Grants under NASDAQ Marketplace Rule 5635(c)(4) March 29th, 2019
Govt.-Legislation/Regulation/Funding/Policy
New discovery aims to improve the design of microelectronic devices September 13th, 2024
Physicists unlock the secret of elusive quantum negative entanglement entropy using simple classical hardware August 16th, 2024
Single atoms show their true color July 5th, 2024
Academic/Education
Rice University launches Rice Synthetic Biology Institute to improve lives January 12th, 2024
Multi-institution, $4.6 million NSF grant to fund nanotechnology training September 9th, 2022
Chip Technology
Nanofibrous metal oxide semiconductor for sensory face November 8th, 2024
New discovery aims to improve the design of microelectronic devices September 13th, 2024
Groundbreaking precision in single-molecule optoelectronics August 16th, 2024
Announcements
Nanotechnology: Flexible biosensors with modular design November 8th, 2024
Exosomes: A potential biomarker and therapeutic target in diabetic cardiomyopathy November 8th, 2024
Turning up the signal November 8th, 2024
Nanofibrous metal oxide semiconductor for sensory face November 8th, 2024
 |
||
 |
||
| The latest news from around the world, FREE | ||
 |
||
|
|
||
| Premium Products | ||
 |
||
|
Only the news you want to read!
Learn More |
||
 |
||
|
Full-service, expert consulting
Learn More |
||
|
|
||