GlobalFoundries tech park in trouble?

A New York state agency plans to take over a technology park that houses the new 300-mm fab owned by U.S. silicon foundry upstart GlobalFoundries Inc.

GlobalFoundries' wafer fab under construction in New York state, Fab 8, would run the 22-nm production and more advanced nodes. Construction for Fab 8 started in July of 2009. The fab will have 60,000 wafer starts per month once it goes into full production. Production is expected to go online in 2012.

''The Fab 8 project is on schedule and construction is progressing very smoothly. We just have some concerns about a few pieces of infrastructure that need to be delivered. The state and (Luther Forest) are working out the details and we are confident they will address our concerns,'' according to a spokesman for GlobalFoundries.[Via: EETimes]