Wednesday, November 26, 2014

News
Official: Tech announcement could bring long-talked about chip plant to fruition
By JOLEEN FERRIS


MARCY, N.Y. (WKTV) - Upstate New York has a multi-billion dollar commitment from global nanotechnology giants, including IBM, Intel and Samsung, to build research facilities across upstate, including in Marcy.

The expectation is that one of the facilities will create the next 'big thing' in the industry: a 450mm computer 'wafer', capable of holding more chips.

Still absent from the area, though, is the chip fab manufacturing plant Mohawk Valley Leaders have sought for years. But the man who's devoted his career as of late largely to luring such a plant to Marcy says this billion-dollar show of confidence from the industry's pace setters will likely strengthen local efforts to finally secure a chip fab plant.

"I think that really raises the prospect for additional semiconductor manufacturing growth happening in New York State and Marcy is in a strong position to be the next location," says Steve DiMeo, President of Mohawk Valley Edge.

Governor Cuomo on Tuesday announced the multi-billion dollar industry investment that would fuel 6,900 high-tech research jobs across upstate. Construction on SUNYIT's technology complex is slated to begin in the spring, with completion in 2013. Four hundred fifty people are expected to work at that site. The adjoining site where officials hope to lure a chip fab plant is nearly shovel ready.