Focus: Economy


Partnership announced to accelerate attraction of chip manufacturing plant

By WKTV News

(WKTV) - A partnership between SUNY College of Nanoscale Science and Engineering and Mohawk Valley EDGE announced Wednesday is designed to accelerate the attraction of a 450mm computer chip manufacturing to the area, which could bring 5,000 direct and 15,000 indirect jobs.

The move is in accordance with Gov. Cuomo's blueprint for growing nanotechnology industry jobs across the state. The college will lead development of the Marcy Nanocenter site

"The Marcy Nanocenter has the potential to transform the economy of the Mohawk Valley and position the region to become a global leader in the nanotechnology industry," Lt. Gov. Robert J. Duffy said.

The potential full build-out of the Marcy site would include public and private investment of $10 to $15 billion for each phase of development. The facilities would feature up to 8.25 million square feet.


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