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GlobalFoundries offers infrastructure funding idea

IDA: Payment-in-lieu-of-taxes agreement guaranteed

Global Foundries' Fab 8 complex in the Luther Forest Technology Park is seen from the air in January 2013.
Global Foundries' Fab 8 complex in the Luther Forest Technology Park is seen from the air in January 2013.
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The Luther Forest Technology Campus may get promoted as a world-class site for technology companies, but some of the basic infrastructure there was never finished. Computer chip maker GlobalFoundries now wants to take on some of that work but is looking for government help to do it. The company will be coming before the Saratoga County Industrial Development Agency on Monday with a proposal requesting agency assistance in securing $70 million in bonds to complete ...


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