¿ªÔÆÌåÓý

Vermont utility regulators have ruled that computer chip maker GlobalFoundries can't create its own electric utility that's exempt from the state's renewable energy standards.

For decades, GlobalFoundries� factory in Essex Junction has pumped out computer chips. With over 2,000 employees, the company is Vermont’s largest private, for-profit employer. Now, there’s a worldwide chip shortage leading to more business for the plant, which has seen its workforce shrink significantly from its heyday. But the company is investing more heavily in a facility over the New York border, leading some local leaders to question the company’s long-term commitment to Vermont.

Back in March, GlobalFoundries � one of the state’s largest employers and biggest consumers of electricity � announced a deal to stop buying electricity from Green Mountain Power and become its own utility. That proposal is now before the Public Utility Commission, the state body that regulates utilities.In the months since it was announced, the deal has raised some big questions: How will GlobalFoundries cut carbon emissions at its Essex Junction plant? Will they be held to the same clean energy standards as other utilities? And does the PUC even have the authority to allow this move?

On Nov. 6, California company Marvell announced it was laying off 78 employees at an Essex Junction plant it had recently acquired.But less than a week�

Vermont's Department of Labor expects GlobalFoundries in Essex Junction to lay off about 5 percent of its workforce beginning this week.That amounts to�

A computer virus recently infected a number of manufacturing tools at the GlobalFoundries plant in Essex Junction, a company spokesman confirmed Friday�

GlobalFoundries has won a contract to produce computer chips for the defense department at two plants it acquired last year from IBM.The chips will be�

Representatives of GlobalFoundries, the chipmaker that purchased the IBM plant in Essex Junction, visited the Statehouse Thursday.Mike Russo, the�

Gov. Peter Shumlin has announced that the state will test additional manufacturing sites around Vermont for PFOA, a suspected carcinogen that's been found�

A fund created nearly two years ago amid fears the IBM plant in Essex Junction would be closed or sold has been generating a lot of debate this�