Governor Gregoire Signs Legislation Providing Incentives to Semiconductor Industry

For Immediate Release: March 16, 2006

VANCOUVER, WA - Governor Chris Gregoire today signed into law a measure that will provide tax incentives to support the semiconductor cluster in Washington.

"I'm very pleased to sign a bill that will help us to stay competitive in the 21st century economy, create family-wage jobs and stimulate the semiconductor industry right here in Clark County," said Governor Gregoire. "This measure will build a bridge between the semiconductor industry and those who invest capital in the industry.�

The new incentives are contingent on the investment of at least $350 million for new manufacturing facilities in Washington for the production of advanced semiconductor materials.

For information on House Bill 3190, please visit the Governor's website or the Washington Legislature website.


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