Monday, May 24, 2010

Did Sematech Cheat on Texas By Loving New York
in the Middle of its $40 Million Subsidy Deal?

TPJ today urged Texas’ top three officials who oversee the Texas Enterprise Fund to investigate if Sematech violated the 2004 contract it signed to obtain $40 million in state funds. TPJ urged the officials to either “enforce compliance or recover the funds that failed to deliver the promised benefits.”

Read the press release.
Read the letter to Perry, Dewhurst & Straus.