# GlobalFoundries receives final approval for $6-8B chip factory expansion in Malta, New York

GlobalFoundries received final local approval from the Malta Planning Board for a 633,000-square-foot expansion at its Malta, New York site. The project is expected to cost $6 billion to $8 billion.

- Type: Expansion
- Announced: 2022-07-26
- Where: Malta, New York, United States
- Value: $7.00B
- Status: announced
- Capacity: 633,000 square feet
- Products: computer chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [GlobalFoundries](https://endata.com/companies/664.md)

## Sources

- [saratoga.com](https://www.saratoga.com/saratogabusinessjournal/2022/08/globalfoundries-gets-expansion-approval-u-s-bill-to-help-chip-industry-moves-ahead/), 2022-08-08: "The Malta Planning Board unanimously approved a 633,000-square-foot expansion at GlobalFoundries."

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