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mrbizzard

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mrbizzard

Re: mrbizzard post# 500

Thursday, 05/17/2012 10:51:10 AM

Thursday, May 17, 2012 10:51:10 AM

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Specialty foundry Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) subsidiary TowerJazz Japan Ltd. will receive a capital expenditure subsidy from Japan's Ministry of Economy, Trade and Industry (METI). The subsidy program aims to improve the logistics and facilities of companies' business locations and encourage new investment to maintain and create jobs by providing subsidies to production sites.

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