With $1.5 billion in facility-specific investment and 400 permanent operating jobs announced, this project clears both of AFT's qualifying thresholds ($100 million in facility-specific investment OR 100 permanent operating jobs). This project also meets AFT's primary-source verification and physical U.S. manufacturing-footprint requirements.
View full methodology →The semiconductors context.
Semiconductor fabrication plants, known as fabs, rank among the most capital-intensive industrial facilities ever built—often requiring $10–$30 billion and several years from groundbreaking to initial production. The CHIPS and Science Act of 2022 accelerated a U.S. construction cycle spanning advanced chip fabrication, legacy-node production, semiconductor equipment, packaging, and critical materials. These projects create long-term manufacturing footprints while attracting suppliers, infrastructure investment, and specialized technical work.
At a glance
- Company
- GlobalFoundries (Vermont)
- Industry
- Semiconductors
- Location
- Essex Junction, Vermont
- Investment
- $1.50B
- Permanent jobs announced
- 400
- Status
- Planning
- Announced
- Jun 4, 2025
- Expected opening
- Jan 1, 2028
- Added to tracker
- Feb 21, 2026
Official references
- Primary source https://gf.com/news-and-events/news/globalfoundries-announces-16b-u-s-investment-to-reshore-essential-chip-manufacturing-and-accelerate-ai-growth/