5000 Jobs, 45 Billion Investment Head...

5000 Jobs, 45 Billion Investment Headed to Marcy Nano Site

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Utica Pride

New Hartford, NY

#1 Sep 12, 2013
5,000 jobs,$45B investment possibly headed to Marcy nano site

By ELIZABETH COOPER
Observer-Dispatch
Posted Sep 12, 2013 @ 06:00 AM

MARCY —
New York state and an array of private partners are poised to make a
$10 billion to $15 billion investment in the chip fabrication site in
Marcy.

And the total investment over about a decade could reach $45 billion.

That’s right — billion — with a capital B.

For more than a decade, local officials have been grooming and
marketing the 420-acre parcel to attract a computer chip manufacturer
and the thousands of well-paid jobs such a plant would bring.

Now, that vision might be about to become a reality, according to state
officials.

Under a new partnership with SUNY’s College of Nanoscale Science and
Engineering, the state will work with Mohawk Valley EDGE and SUNYIT on
the development of a manufacturing hub to serve the world’s leading
high-tech companies.

The plan:

* As many as three computer chip fabrication plants with up to 8.25
million square feet of space could be built over the next decade.

* When all three plants, or fabs, are up and running, there would be at
least 5,000 direct jobs and another 15,000 jobs indirectly related to
the site near SUNYIT.

“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 Duffy said in a prepared
statement.

Already, the College of Nanoscale Science and Engineering is
spearheading an initiative that has attracted $4.4 billion in private
investments in the state from five companies — Intel, Samsung, IBM,
Global Foundaries and TSMC.

Some of those funds are at work today at SUNYIT, where a $125 million
Center for Computer Chip Commercialization, known as Quad C, is under
construction. That facility is expected to bring more than 900 jobs and
is slated for completion in late 2014.

Now, the College of Nanoscale Science and Engineering, and its senior
vice president and CEO, Alain Kaloyeros, are going to work with some of
those same companies at the Marcy site.

EDGE President Steve DiMeo said news of the state’s commitment comes
after years of “hard work” here in the Mohawk Valley, and called the
state’s partnership and support “keys to ensuring the success of this
transformational project.”

“We have remained focused and confident that this site would be
developed and today’s commitment by CNSE to be the end user of this
site is the validation of the hard work and tireless commitments by
EDGE, state and key community stakeholders,” he said.

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Utica Pride

New Hartford, NY

#2 Sep 12, 2013
Page 2 of article.

No companies have been announced, but officials said discussions are
ongoing, and that most of the money spent will come from the private
partners. Kaloyeros said the state would not be announcing an
initiative of this size unless it was clear the tech companies were on
board.

“This is not,‘If you build it they will come,’” said Kaloyeros.“It is
that they are ready for the next phase of the relationship with New
York state and they want to do it in Utica.”

Once a major partner is announced, it will take about two years from
them to get the first fab up and running, he said.

Gov. Andrew Cuomo and the College of Nanoscale Science and Engineering
are trying to catch the wave created by change in the computer
industry: The way the tiny chips that operate the computers in
everything from cellphones to medical equipment is evolving.

Now, many chips can be made at once on a 300-millimeter sheet, or
wafer, but companies believe they can ratchet up production by using
larger 450-milimeter wafers.

Shifting to the new size will require much research, new tools and even
new manufacturing plants.

Cuomo wants New York to be on the cutting edge of the research,
development and manufacturing for the 450 millimeter wafers.

The College of Nanoscale Science and Engineering already has
successfully used public-private partnerships in Albany and across the
state.

Kaloyeros pointed to the Quad C project as an example.

“I am not sticking my neck out and spending $125 million on a site in
the middle of nowhere just to prove a point,” he said.

Though some smaller companies are on board there, no major tenant has
yet been announced for Quad C either, but Kaloyeros said that’s only a
matter of time.

“We are building it because we have a tenant,” he said.“By the time it
is done, we have to announce the tenant and that’s less than a year
from now.”

Local officials hailed the initiative.

State Sen. Joseph Griffo, R-Rome, called the plan “the catalyst that
can help build a sustainable high technology economy that will create
jobs, reclaim population and produce critical secondary benefits
throughout the upstate economy.”

“This announcement marks a major turning point in helping the Mohawk
Valley reclaim its rich heritage as a center of manufacturing and
innovation,” said Assemblyman Anthony Brindisi, D-Utica.
Martin

Moravia, NY

#3 Sep 12, 2013
I'll believe it when I see it. I don't believe everything I read or hear on local media.
True

Framingham, MA

#4 Sep 12, 2013
Martin wrote:
I'll believe it when I see it. I don't believe everything I read or hear on local media.
. I totally agree. We have nothing at this point but talk
more investment

Herkimer, NY

#5 Sep 12, 2013
The closer we get to election day, the larger the investment will become. The pols will have photo ops up the azz, cutting ribbons on imaginary construction sites.
Haven't we seen this grow with each succeeding election cycle.
Steve DiMeo could be the lead in "The Music Man".
Its Classified

Lyons, NY

#6 Sep 12, 2013
Utica Pride wrote:
5,000 jobs,$45B investment possibly headed to Marcy nano site
By ELIZABETH COOPER
Observer-Dispatch
Posted Sep 12, 2013 @ 06:00 AM
MARCY —
New York state and an array of private partners are poised to make a
$10 billion to $15 billion investment in the chip fabrication site in
Marcy.
And the total investment over about a decade could reach $45 billion.
That’s right — billion — with a capital B.
For more than a decade, local officials have been grooming and
marketing the 420-acre parcel to attract a computer chip manufacturer
and the thousands of well-paid jobs such a plant would bring.
Now, that vision might be about to become a reality, according to state
officials.
Under a new partnership with SUNY’s College of Nanoscale Science and
Engineering, the state will work with Mohawk Valley EDGE and SUNYIT on
the development of a manufacturing hub to serve the world’s leading
high-tech companies.
The plan:
* As many as three computer chip fabrication plants with up to 8.25
million square feet of space could be built over the next decade.
* When all three plants, or fabs, are up and running, there would be at
least 5,000 direct jobs and another 15,000 jobs indirectly related to
the site near SUNYIT.
“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 Duffy said in a prepared
statement.
Already, the College of Nanoscale Science and Engineering is
spearheading an initiative that has attracted $4.4 billion in private
investments in the state from five companies — Intel, Samsung, IBM,
Global Foundaries and TSMC.
Some of those funds are at work today at SUNYIT, where a $125 million
Center for Computer Chip Commercialization, known as Quad C, is under
construction. That facility is expected to bring more than 900 jobs and
is slated for completion in late 2014.
Now, the College of Nanoscale Science and Engineering, and its senior
vice president and CEO, Alain Kaloyeros, are going to work with some of
those same companies at the Marcy site.
EDGE President Steve DiMeo said news of the state’s commitment comes
after years of “hard work” here in the Mohawk Valley, and called the
state’s partnership and support “keys to ensuring the success of this
transformational project.”
“We have remained focused and confident that this site would be
developed and today’s commitment by CNSE to be the end user of this
site is the validation of the hard work and tireless commitments by
EDGE, state and key community stakeholders,” he said.
Comment or view comments »
Next  » 1 | 2
And so your saying these 5000 people are going to eat moes grill, lol
Utica Pride

New Hartford, NY

#7 Sep 12, 2013
https://www.facebook.com/pages/Utica-food-is-...

Utica food is better. Much better.
Jerry

Moravia, NY

#8 Sep 12, 2013
Dream on. Dream until your dream comes true, if only in your dreams.
Cretin sux azzzz

Gouverneur, NY

#9 Sep 13, 2013
Jerry wrote:
Dream on. Dream until your dream comes true, if only in your dreams.
It's Cretin above. He sux azzzz.
Unproven Success

United States

#10 Sep 13, 2013
Cretin sux azzzz wrote:
<quoted text>
It's Cretin above. He sux azzzz.
Waaah! Waaaah!
Cooper Incredible

United States

#11 Sep 13, 2013
Elizabeth Cooper: "Already, the College of Nanoscale Science and Engineering is
spearheading an initiative that has attracted $4.4 billion in private
investments in the state from five companies — Intel, Samsung, IBM,
Global Foundaries and TSMC."

This is so laughable at face value, so wrong and such a twist of the facts Elizabeth Cooper has forever proven what a pathetic unreliable reporter she is for all time. Let us count the ways this is a dereliction of Journalism. This is the kind of reporters Liberal Arts Schools and "Professors" create in New York State.
Utica Pride

New Hartford, NY

#12 Sep 13, 2013
Cooper Incredible wrote:
Elizabeth Cooper: "Already, the College of Nanoscale Science and Engineering is
spearheading an initiative that has attracted $4.4 billion in private
investments in the state from five companies — Intel, Samsung, IBM,
Global Foundaries and TSMC."
This is so laughable at face value, so wrong and such a twist of the facts Elizabeth Cooper has forever proven what a pathetic unreliable reporter she is for all time. Let us count the ways this is a dereliction of Journalism. This is the kind of reporters Liberal Arts Schools and "Professors" create in New York State.
You can't handle the truth. I was waiting for the negative nellies to come out and say something negative. Well it is going to happen. I guess now your going to call the Lt Gov. A liar?
Cooper Incredible

United States

#13 Sep 13, 2013
Truth? Speak truth and maybe we can talk dreamer. There is no big multibillion dollar private investor. Period. Save it for the eashooticans.
Truth

Utica, NY

#14 Sep 13, 2013
Utica Pride wrote:
<quoted text>
You can't handle the truth. I was waiting for the negative nellies to come out and say something negative. Well it is going to happen. I guess now your going to call the Lt Gov. A liar?
Is it negative or just realistic based on past experience? I'm going with the latter.
Cretin sux azzzz

Gouverneur, NY

#15 Sep 13, 2013
Cooper Incredible wrote:
Truth? Speak truth and maybe we can talk dreamer. There is no big multibillion dollar private investor. Period. Save it for the eashooticans.
It's Cretin above. He sux azzzz.
Negative Nellie

Herkimer, NY

#16 Sep 13, 2013
Utica Pride wrote:
<quoted text>
You can't handle the truth. I was waiting for the negative nellies to come out and say something negative. Well it is going to happen. I guess now your going to call the Lt Gov. A liar?
Is the Lt. Gov a politician?
I have seen so many politicians make so many promises, put so many shovels in the earth on vacant lots, cut so many ribbons on non-existant buildings that it is just sickening each election cycle to see the media tout the same BS.
Where's the Beef?
model

Utica, NY

#17 Sep 13, 2013
Just like the data center and 1000 high paying IT jobs that Picente and Griffo promised 5 years ago. I am not holding my breath
Nanonanny

Schenectady, NY

#18 Sep 13, 2013
Can you imagine a scenario where people who site these plants would seriously consider investing in an ignorant, cultural backwater like Utica? All they'd need to do is read the newspaper, watch WKTV, and come to a place like Topix and they'd put the investment in a prison first. This is nothing but the Nano college making nice with the Cuomo administration to show they are trying to invest in a shi&hole like Utica so Governor Andy can look better for his try at national office. All the hi tech workers and engineers would have to do is Google Utica for a decision whether to move their families to the armpit of central NY.
Nanotechnology Face

Albany, NY

#22 Sep 13, 2013
Nanonanny wrote:
Can you imagine a scenario where people who site these plants would seriously consider investing in an ignorant, cultural backwater like Utica? All they'd need to do is read the newspaper, watch WKTV, and come to a place like Topix and they'd put the investment in a prison first. This is nothing but the Nano college making nice with the Cuomo administration to show they are trying to invest in a shi&hole like Utica so Governor Andy can look better for his try at national office. All the hi tech workers and engineers would have to do is Google Utica for a decision whether to move their families to the armpit of central NY.
They don't understand this. This buys EDGE another ten years at least of hope from these ignorant people. Lol
Jerry

Rome, NY

#23 Sep 13, 2013
I find it hard to understand why companies such as Samsung, Intel, etc. would ever consider investing in a plant here in Utica. We have no infrastructure to support it. There are multitudes of substantially better places to do this. Look at China. Look to the west towards California. Look to all the southern states. Places where there is a large number of qualified people already there who won't have to move to a wasteland for a high paying job. Utica is not Cupertino. Why has the Utica area been promised glorious things over and over again that have never materialized? I have been hearing this crap for half my lifetime, and nothing has ever happened. It a classic case of crying wolf. We've heard it so many times, that we just ignore it. You can't blame us for ignoring it this time as well. We will all be surprised and amazed should this ever come to fruition. It would be wonderful if this would happen. I'm not holding my breath.

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