New York Gov. Andrew Cuomo says a $4.4 billion high-tech research project involving five global companies will create or retain 6,900 jobs statewide.
The effort involves Intel, IBM Corp., GlobalFoundries, the Taiwan semiconductor maker TSMC and Samsung. The companies plan to develop a next generation of computer chip technology to increase speed and capacity. Facilities will be created or expanded at the nanotechnology center next to the University at Albany and in other locations.
The state is providing a matching investment of $400 million in equipment and technology. IBM's John Kelly said the company's investment will amount to $3.6 billion.
Former President Bill Clinton, who attended the announcement, noted that Pittsburgh is trying to become the nation's nanotechnology center, but he said there should be plenty of work for everyone.
The Cruz Surge Creates GOP Establishment Panic And Paralysis | RedState
CNN anchor goes inside a cop’s world in a deadly shooting scenario
'Your move, Sally': Sally Kohn decries 'inflammatory LIES about' @PPact, but what about this? [photo]
- What Is Your U.S. Income Percentile Ranking?
Susan Hutchison - I Was A Woman In The Marine Corps In the Mid-70s. Hillary Clinton’s Story Doesn’t Add Up
Importing Terrorism and Other American Values | Human Events
BLACK LIVES DON'T MATTER: Obsessed With Planned Parenthood, Media Ignores Larger Mass Shooting - Bearing Arms - Bunny Friend Park, Colorado Springs, Mass shootings, New Orleans