Welch Applauds $1.5 Billion in CHIPS and Science Act Funding for Vermont's GlobalFoundries
November 20, 2024
November 20, 2024
WASHINGTON, Nov. 20 -- Sen. Peter Welch, D-Vermont, issued the following news release:
Today, U.S. Senator Peter Welch (D-Vt.) celebrated the Department of Commerce's announcement finalizing $1.5 billion in direct funding to GlobalFoundries (GF) from the bipartisan CHIPS and Science Act, which Sen. Welch helped pass as a member of the House. The funds will expand capacity and create jobs across three projects at GF, including the revitalization of the Essex Junction fabrication faci . . .
Today, U.S. Senator Peter Welch (D-Vt.) celebrated the Department of Commerce's announcement finalizing $1.5 billion in direct funding to GlobalFoundries (GF) from the bipartisan CHIPS and Science Act, which Sen. Welch helped pass as a member of the House. The funds will expand capacity and create jobs across three projects at GF, including the revitalization of the Essex Junction fabrication faci . . .