IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 18 Feb 2018 | Removal date: open ended
Still in force

Financial grant

On February 18, 2018 Governor Dannel P. Malloy of Connecticut announced that ASML, a manufacturer of chip-making equipment, is planning to substantially grow its operations in Wilton, Connecticut. The state of Connecticut and ASML have signed a letter of intent, and upon completion of a definitive agreement, the state, through the Department of Economic and Community Development (DECD) will provide up to $14 million in grants through the state’s First Five Plus Program to support the expansion project. The total amount of funding the company will be eligible to receive is based on the creation of new jobs within specific timeframes over the next eight years. ASML will agree to retain 1,222 jobs and create up to 524 new jobs.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

449 Other special-purpose machinery & parts
8486 Machines and apparatus of a kind used solely or principally for the manufacture of semiconductor boules or wafers, semiconductor devices, electronic integrated circuits or flat panel displays; machines and apparatus specified in Note 9 (C) to this Chapter
848610 Machines and apparatus for the manufacture of boules or wafers
848620 Machines and apparatus for the manufacture of semiconductor devices or of electronic integrated circuits

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