Announcement
22 Apr 2019
The state of New York is supporting a semiconductor producer with grants and tax credits.
Source
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
22 Apr 2019
Revocation date:
22 Apr 2029
Updated: 22 Apr 2019
Tax or social insurance relief
In force
The state will also provide $22.5 million in Excelsior Jobs Program tax credits related to its investment, new hiring and research and development over ten years. Award of the Excelsior tax credits...
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Implementation date
22 Apr 2019
Revocation date:
No revocation date
Updated: 22 Apr 2019
Financial grant
In force
On April 22, 2019 Governor Andrew M. Cuomo announced that ON Semiconductor will expand operations in New York State by purchasing and preserving the existing GLOBALFOUNDRIES Fab 10 manufacturing fa...
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