Cuomo: 1,000 Jobs In NY From $1.5B Tech Investment
MARCY, N.Y. (AP) -- Six high-tech companies will invest $1.5 billion in the Mohawk Valley to create more than 1,000 high-tech jobs and help grow a second nanotechnology hub upstate, Gov. Andrew Cuomo said Thursday.
The companies will conduct research and development on computer chip packaging, lithography development and commercialization at the SUNY Institute of Technology near Utica. Cuomo, a Democrat, said the private companies won't receive state funds but the state will spend $200 million over 10 years for buying new equipment at the Nano Utica facility.
The computer chip packaging consortium will work inside a state-of-the-art facility under construction on the SUNYIT campus. The 253,000-square-foot facility is due to open late next year.
"The new Nano Utica facility will serve as a cleanroom and research hub for Nano Utica whose members can tap into the training here at SUNYIT and local workforce, putting the Mohawk Valley on the map as an international location for nanotechnology research and development," Cuomo said.
The companies joining to create the consortium are Advanced Nanotechnology Solutions Inc., SEMATECH, Atotech, IBM, Lam Research and Tokyo Electron. Advanced Nanotechnology Solutions chairman Hector Ruiz said his company looked around the world for a place to make the investment but liked the talent, mindset and leadership in the Utica area.
The consortium will build on research being conducted by its members at the Albany-based SUNY College of Nanoscale Science and Engineering. Cuomo said the project will replicate the success of Albany's nanotechnology center 90 miles to the west in Utica.
The state announced last month that the Albany college will lead the development of an adjacent computer chip manufacturing site in Marcy with the potential for three fabrication facilities. Cuomo said Thursday's announcement would provide new momentum for the site's development.
The Cuomo administration did not immediately provide details on the 1,000 high-tech jobs.