Coherent to Receive $79M in CHIPS Funding [Yahoo! Finance]
Infinera Corporation (INFN)
Last infinera corporation earnings: 2/25 04:03 pm
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Source: Yahoo! Finance
industrial, communications, electronics and instrumentation markets, under the CHIPS and Science Act. The proposed investment would support the expansion of its existing manufacturing facility in Easton, Pennsylvania, and would create approximately 360 jobs. Most Read on Manufacturing.net: Beverage Company Closes Facility Without Notice Single Worker Blamed for Recall of 23,000 Kias Impact Plastics Suffers Backlash for Sending Gift Cards with Final Paychecks After Deadly Hurricane Shortage Leaves Dunkin' Stores Without Any Doughnuts Across Multiple States “Building from the legacy of Bell Labs and Western Electric producing the first transistors here, Lehigh Valley's semiconductor and tech sectors continue to grow as Coherent expands its production of semiconductor chips here," said Don Cunningham, president and CEO of the Lehigh Valley Economic Development Corporation. The CHIPS Act has helped to invigorate and grow the tech sector in a region that's home to Intel, Broa
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