GlobalFoundries officials to visit Vermont Statehouse

MONTPELIER, Vt. (AP) — Gov. Peter Shumlin is going to be welcoming to the Vermont Statehouse officials with GlobalFoundries, the company that bought the former IBM computer chip making facility in Essex Junction. GlobalFoundries officials are scheduled to brief lawmakers on Thursday about its...

MONTPELIER, Vt. (AP) — Gov. Peter Shumlin is going to be welcoming to the Vermont Statehouse officials with GlobalFoundries, the company that bought the former IBM computer chip making facility in Essex Junction.

GlobalFoundries officials are scheduled to brief lawmakers on Thursday about its operations in the state.

Last summer GlobalFoundries, which makes electronic components that can be found in many consumer electronic devices, completed its purchase of IBM's microchip plants in Vermont and New York.

Vermont officials have been concerned about the future of the chip-making facility, one of the state's most important private employers.

GlobalFoundries officials have said they are investing tens of millions of dollars in the Vermont facility.

More