1.5 Billion Dollar Investment and 1000 jobs coming to SUNY IT

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Utica Pride

Asheville, NC

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Oct 10, 2013
 

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A $1.5 billion investment in nanotechnology with 1,000 jobs is heading to SUNYIT, officials announced this afternoon.

A press conference that began at 1 p.m. is continuing. Check back for more details as they become available.

Among the officials at the announcement: Gov. Andrew Cuomo, Hector Ruiz, who is now CEO of Advanced Nanotechnology Solutions; Assemblyman Anthony Brindisi; state Sen. Joseph Griffo and Alain Kaloyeros, senior vice president and CEO of the College of Nanoscale Science and Engineering in Albany.

Also, officials from the SEMATECH computer industry consortium also are present, officials said.

Ruiz was head of Advanced Micro Devices in 2006 when the company opted to build a computer chip fabrication plant in Malta, in the Albant area, instead of Marcy.

The state is investing $125 million in a Computer Chip Commercialization Center at SUNYIT, and it was recently announced that SUNY’s College of Nanoscale Science and Engineering would take on the Marcy site and facilitate the construction of a possible three chip fabrication plants there. Private companies will be major participants in both projects, but so far, none have been announced.
Utica Pride

Asheville, NC

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#2
Oct 10, 2013
 
Utica Pride

Asheville, NC

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#3
Oct 10, 2013
 
Truth

Utica, NY

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Oct 10, 2013
 

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These are proposed tenants for the building under construction on the SUNY IT grounds and being paid for by taxpayers. Not to be confused with the Marcy Nano site where the company who was supposedly checking out the site for a major chip manufacturer was shown to be somewhat fraudulent in the way they were represented.

http://www.timesunion.com/default/article/A-f...
ben dover

Hampton, VA

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Oct 10, 2013
 

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In reality the actual number of jobs that come to Utica will need to be measured on a "nanoscale"
Blue collar man

Southbury, CT

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Oct 10, 2013
 

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Ahhh...sorry Ben Dover, your high school education doesn't qualify you for one of the positions so you'll go on Topix and spout off about anything that happens in Utica. Things are moving forward buddy...I'm sorry you've been left behind.
Tubby Labella

Belmont, MA

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Oct 10, 2013
 

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iSpy Face wrote:
A 1.5 billion dollar investment to create 1,000 jobs equals out to 1.5 million dollars per job.
. That's not as much as the City of Utica is still paying me . You can all kiss my fat ass
Da Law

Ilion, NY

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Oct 10, 2013
 

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If true, this is great news.

It does seem odd that the majority of those jobs, 1000 if reports are to be believed, are coming from Advanced Nanotechnology Solutions, a company that currently has only a handful of employees. The fact that the CEO resigned from Global Foundries after his involvement in an insider trading scandal is equally disconcerting.
NiceTry

Utica, NY

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#10
Oct 10, 2013
 

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Utica Pride wrote:
http://www.timesunion.com/loca l/article/Cuomo-at-tech-school -for-major-announcement-488459 5.php
Great news. All positive.
Nano Utica

Clinton, NY

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#11
Oct 10, 2013
 

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iSpy Face wrote:
A 1.5 billion dollar investment to create 1,000 jobs equals out to 1.5 million dollars per job.
Well the companies investing the $1.5 Billion must believe Utica is worth it:

Six leading global technology companies will invest $1.5 billion to create ‘Nano Utica,’ the state’s second major hub of nanotechnology research and development.

More than 1,000 high tech jobs.$1.5 billion private investment.$200 million investment from the state.

http://www.wktv.com/news/local/Over-1000-jobs...
Uterus Pride

Millwood, NY

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#12
Oct 10, 2013
 

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Yet still no mention of an actual end user/producer lmao! Another BS boondogggle!
Amazing how gullible these people are. There's no plans anywhere for a new "factory" simply because there's only 4 top players in the industry and all are in pause waiting for 2016 for the 450 process/protocols to be defined. Also notice 2 things:

This comes on the same day that it's reaffirmed that NY has the highest taxes in the US, neck and neck with NJ.(Cuomo distraction)

This is an announcement that promises to deliver AFTER Cuomo's re-election. Hmmmm, where have you all heard THAT before? Believe it when you see it people.
No surprise

Utica, NY

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#13
Oct 10, 2013
 

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The carrot is always at least one election cycle into the future; but the announcement is always within weeks of an election:)

Romantic fiction is always enjoyed most by the downtrodden!
Lil Mario Cuomo

Rome, NY

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#14
Oct 10, 2013
 
Cuomo has a nanobrain.....remember his SAFE ACT?
This announcement was a reaction to his all time low satisfaction rate among Upstaters in last Siena Poll!
He wants to be Prez....what a shame!
nano nano

Utica, NY

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Oct 10, 2013
 

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Uterus Pride wrote:
Yet still no mention of an actual end user/producer lmao! Another BS boondogggle!
Amazing how gullible these people are. There's no plans anywhere for a new "factory" simply because there's only 4 top players in the industry and all are in pause waiting for 2016 for the 450 process/protocols to be defined. Also notice 2 things:
This comes on the same day that it's reaffirmed that NY has the highest taxes in the US, neck and neck with NJ.(Cuomo distraction)
This is an announcement that promises to deliver AFTER Cuomo's re-election. Hmmmm, where have you all heard THAT before? Believe it when you see it people.
If you do a little research on what is driving this announcement you might find that it is not directly tied to 450mm processing. It is adavanced packaging R&D. As wafer technology advances packaging technology needs to advance too.

“An excitable boy”

Since: Mar 09

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#16
Oct 10, 2013
 
Nano Utica wrote:
<quoted text>
Well the companies investing the $1.5 Billion must believe Utica is worth it:
Six leading global technology companies will invest $1.5 billion to create ‘Nano Utica,’ the state’s second major hub of nanotechnology research and development.
More than 1,000 high tech jobs.$1.5 billion private investment.$200 million investment from the state.
http://www.wktv.com/news/local/Over-1000-jobs...
I'm still waiting for NY to have it's 'first' "major hub" because Malta isn't making much people.

Maybe they believe "Utica is worth it" in the same way that Empire Air thought Rome was worth it. People who actually now what they are looking at know this is all just another taxpayer boondoggle. At the cost of a million dollars a job because none of the companies mentioned HAVE a billion besides TSMC and Morris Chang has state unequivocally he will not be building any new Fab not located in Taiwan and specifically stated not in NY so I don't know why everyone is dressed up for the gala grand opening. This is the ultimate Bridge to Nowhere because most people are so uninformed they hear "chip plant" and have no clue what it actually entails.

Local politicians see fat cows to feed off and public municipalities see people they can ticket, abuse, rip off and control. Nothing to see here, and by the time everyone realizes this is another farce Cuomo will already have your votes. NY~ers deserve exactly this because they aren't that sharp or detail oriented to sniff out the scam and just keep voting for the same corrupt criminals who should in reality be lined against a wall and shot like fundamentalist religious snakbar goons.

“An excitable boy”

Since: Mar 09

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#17
Oct 10, 2013
 
No surprise wrote:
The carrot is always at least one election cycle into the future; but the announcement is always within weeks of an election:)
Romantic fiction is always enjoyed most by the downtrodden!
I wish I could have put that as eloquently as you. You are right on point, let's see if the sheep in the chute even see it coming.

“An excitable boy”

Since: Mar 09

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#18
Oct 10, 2013
 
NiceTry wrote:
<quoted text>Great news. All positive.
Great lamb! All tasty!
Utica Pride

Asheville, NC

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#19
Oct 10, 2013
 
Parties involved will include Advanced Nanotechnology Solutions, Atotech, IBM, Lam Research, Tokyo Electron and the SEMATECH consortium.
Uterus Pride

Millwood, NY

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#20
Oct 11, 2013
 
Sematech - Another not for profit "consortium". Makes NOTHING. Has NO large number of employees.

Atotech - Minor player in the plating industry, nearly bankrupt according to Hoovers. NOT opening any physical facility at the school.

Tokyo Electron - Being sold to Applied Materials. Minor player, 3rd largest deposition application equipment. The junk Coby of the industry, NOT opening any physical facility at the school.

All another charade which won't be discovered until after re elections. You people are so angry and duped it's hilarious you keep falling for the same dubious claims. None of these companies state anywhere on their sites where THEY are hiring ANYONE or spending a dime except for
Advanced Nano and all they did was say "officials said 1000 new jobs".

Gotta love all the exclamation points the starstruck imbeciles at the OD put on all their headlines as if it makes up for their lack of followup research and understanding LMAO!
No Surprise

Utica, NY

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#21
Oct 11, 2013
 
De javu all over again. Next, we will see NYS Sen. Griffo with hardhat and shovel (a really good look for him), Marolyn Wilson with a cake, Brindisi with ribbon and scissors, and Kristin Copeland swooning in joyous anticipation.
But, where are the emperor's clothes?

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