# GlobalWafers MEMC awarded €103M grant for 300mm wafer fab in Novara, Italy

GlobalWafers' subsidiary MEMC Electronic Materials S.p.A. received a €103 million R&D grant from the Italian government and EU Commission to build Europe's most advanced 300mm semiconductor wafer production facility in Novara, Italy.

- Type: Investment
- Announced: 2024-06-18
- Where: Novara, Italy, Italy
- Value: $110.0M (103.0M EUR)
- Status: announced
- Products: 300mm semiconductor wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [MEMC Electronic Materials](https://endata.com/companies/56268.md)
- [European Commission](https://endata.com/companies/3518.md) (investor)
- [GlobalWafers](https://endata.com/companies/5203.md) (partner)
- [Italian Ministry of Enterprises and Made in Italy](https://endata.com/companies/78085.md) (investor)

## Sources

- [sas-globalwafers.com](https://www.sas-globalwafers.com/en/gwc_news_en_20240618/), 2024-06-17: "Our new MEMC 300mm production facility will support the creation of downstream products in all four of the high-tech Workstreams targeted by the IPCEI-ME/CT program"

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