MALTA, N.Y. â GlobalFoundries is moving its headquarters from Silicon Valley to Saratoga County, the company announced Monday, as it positions itself for growth, strengthens partnerships with customers and recruits new talent.
CEO Tom Caulfield, along with Senate Majority Leader Chuck Schumer shared the news at a press conference on Monday at Fab 8, the companyâs most advanced semiconductor manufacturing facility.
âWe are enhancing our presence in upstate New York, and we are officially, as of today, relocating our headquarters to Saratoga County,â Caulfield said on Monday, noting that the move comes at Schumerâs urging, and with his support.
Scannell warehouse project in Malta faces some opposition | The Daily Gazette
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MALTA Plans for a massive warehouse complex at the Luther Forest Technology Campus are facing some opposition, including possibly from the industrial park’s only major tenant, the GlobalFoundries Fab 8 computer chip plant.
The Town Board voted 3-2 on Monday to approve the scope for an environmental impact statement to be done by Scannell Properties of Indianapolis, a national commercial real estate developer whose other projects include the million-square-foot Amazon distribution center in Rensselaer County.
Scannell is proposing up to five major warehouse buildings at the technology campus, with a possible square footage of up to 3.5 million square feet, and a potential for creating 2,500 new jobs.
WASHINGTON â After announcing that a strategic partnership between Intel and IBM will bring hundreds of new semiconductor R&D jobs to New Yorkâs Capital Region, U.S. Senate Majority Leader Chuck Schumer followed up on his efforts to cement Upstate New York as the global hub of the semiconductor industry and pitched Intelâs recently-appointed CEO Pat Gelsinger, on how Intel should build on its new partnership with IBM and locate their next semiconductor fabrication (âfabâ) plant in Upstate New York.
Recently, Intel shared its plans to select a second site for its next U.S. manufacturing facility within a year, following the announcement of the IBM R&D partnership.
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Kenneth Green, President of Saratoga Economic Development Corp, right, celebrates the announcement of an AMD chip fabrication plant to be built on the Luther Forest Tech Park in Malta, with SEDC Senior Vice President Jack Kelley, center, and Jon Dawes, left, also from SEDC, during a press conference Friday afternoon June 23, 2006. AMD would later spin off its manufacturing into GlobalFoundries.WWShow MoreShow Less
A June 24, 2006 poster of the front page of the Schenectady Daily Gazette shows Jenney Kelley, foreground, with her father, Jack Kelley, at the announcement that AMD was coming to Luther Forest to build their chip plant. AMD later spun off its factories into GlobalFoundries. (Paul Buckowski/Times Union)Paul Buckowski/Albany Times UnionShow MoreShow Less
Luther Forest warehouse/distribution plans moving in Malta; Plans could bring 2,500 permanent jobs | The Daily Gazette
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MALTA Plans for a national real estate developer to build up to 3.5 million square feet of warehouse or manufacturing space at the Luther Forest Technology Campus potentially creating 2,500 permanent jobs have begun moving through the town zoning review process.
Following up on conceptual plans presented last year, Scannell Properties of Indianapolis has agreed to conduct an environmental impact study on its plans for up to five massive warehouse or manufacturing buildings, and is looking to move quickly, perhaps breaking ground on the first building this summer.