# STMicroelectronics to build two new 300mm fabs in $3.6bn investment

STMicroelectronics plans to build two new 300mm wafer fabs in Agrate and Crolles, with a total investment of $3.63 billion. The company will seek funding from the French and Italian governments.

- Type: Investment
- Announced: 2017-10-11
- Where: Agrate and Crolles, France
- Value: $3.63B
- Status: announced
- Products: 300mm wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [STMicroelectronics](https://endata.com/companies/21952.md)

## Sources

- [electronicsweekly.com](https://www.electronicsweekly.com/news/business/st-build-two-new-300mm-fabs-2017-10/), 2017-10-11: "ST is to build two new 300mm fabs costing $3.63 billion according to Usine Nouvelle."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.