Error
  • JUser::_load: Unable to load user with id: 67

Featured Articles

HP Stream is a Chromebook killer priced at $200

HP Stream is a Chromebook killer priced at $200

We have been hearing reports of a new breed of affordable Windows notebooks for months. It is alleged that a number…

More...
AMD Radeon R7 SSD line-up goes official

AMD Radeon R7 SSD line-up goes official

AMD has officially launched its first ever SSDs and all three are part of AMD’s AMD Radeon R7 SSD series.

More...
KitKat has more than a fifth of Android users

KitKat has more than a fifth of Android users

Android 4.4 is now running on more than a fifth of Android devices, according to Google’s latest figures.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 02 December 2008 12:11

New York State approves AMD incentive

Written by

ImageImage

$1.2 billion for The Foundry Co.

 

New York State has approved a $1.2 billion state incentive package for AMD.

AMD's Foundry Co. plans to build a fab in Malta, NY, in Luther Forest Technology Campus, some 10 miles north of Saratoga Springs. The new plant should cost $4.6 billion and employ 1,465 people.

AMD applied for the incentive earlier in the year, prior to the creation of The Foundry Co., so New York's economic development board had to transfer the incentives to the new company. It was scheduled to vote on the issue last month, but the vote was postponed, as some of the paperwork wasn't ready.

The New York State Public Authorities Control Board must approve the incentive before it becomes official, and it will probably do so on December 17th. A public hearing regarding the plan will be held on December 10th.

More here.

Last modified on Wednesday, 03 December 2008 04:12

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments