Tower Semiconductor Inks Pact with M+W Zander AG for New Fab

MIGDAL HAEMEK, Israel—Aug. 22, 2000—Pending government approval, Tower Semiconductor Ltd. will embark on the construction of a new wafer fabrication plant valued at over $200 million. Groundbreaking for the new facility is expected to occur during 4Q 2000.

By pennNET Staff

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