Global Trade Alert
Global Trade Alert

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

Announcement

23 Sep 2019

The subsidies include capital grants and Excelsior Jobs Tax Credits.

 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Sep 2019

Revocation date:

No revocation date

Updated: 23 Sep 2019
Financial grant In force

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 b...

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