Headlines Headlines (News) — 16 October 2013
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Florida Tech Accepts $13.1 Million Gift from Intersil

Former Intersil facility

Florida Tech has accepted a donation of a facility and land from Intersil Corporation in Palm Bay valued at $13.1 million. The gift includes 100,494 square feet of office space, manufacturing and cleanroom facilities in a two-story complex, plus five acres of property located on Palm Bay Road. The university will use the property to create the Florida Tech Research and Development Center.

“We’re delighted to receive this important gift from Intersil and are grateful for their support,” said President and CEO Anthony J. Catanese.

Catanese said the university is examining a number of uses for the property. The office space may be utilized for continuing education classes for nearby professionals. Plans call for repurposing the largest areas as lab space to support engineering and science student project design, automotive development and wind tunnel research.

Constructed by Harris Semiconductor in 1977, the building had served as part of Intersil’s wafer fabrication facilities until 2009, when operations were consolidated. 

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