Construction Cost Increases on Albany, N.Y.'s New, Innovative NanoTech Microchip Plant

Construction cost for Albany NanoTech's NanoFab Reflections building has increased to $614 million, up $64 million from $550 million. NY CREATES seeks additional funds, including a $150 million loan, to cover expenses. The project aims to support semiconductor innovation in the US....

Construction cost for Albany NanoTech's NanoFab Reflections building has increased to $614 million, up $64 million from $550 million. NY CREATES seeks additional funds, including a $150 million loan, to cover expenses. The project aims to support semiconductor innovation in the US....