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United States of America/State of New York: $501 million state subsidy for Cree, Inc., silicon carbide wafer fabrication facility

Description

On September 23, 2019, Governor Andrew M. Cuomo announced a public-private partnership between the State of New York and the silicon carbide technology firm Cree, Inc., to invest approximately $1 bill...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Sep 2019

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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