By ELIZABETH COOPER
Posted Sep 12, 2013 @ 06:00 AM
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
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
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
* 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
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
“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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