Pennsylvania Business Report
Proposed federal funding would support construction of new Infinera manufacturing plant in PA
United States lawmakers representing Pennsylvania applauded a newly proposed federal investment that could help semiconductor manufacturer Infinera Corp. build a new plant in Bethlehem, Pa. Specifically, Infinera and the U.S. Commerce Department have signed a non-binding preliminary memorandum of terms for Infinera to receive up to $93 million in direct funding as part of the bipartisan CHIPS and Science Act. The proposed direct funding, when combined with investment tax credits availa...
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