Posted on 06/24/2006 5:33:13 AM PDT by Renkluaf
SAN FRANCISCO -- Advanced Micro Devices Inc. confirmed that it has selected a site in upstate New York as the likely location for a $3.2 billion chip factory, though plans to build the plant are not definite.
AMD, of Sunnyvale, Calif., now makes all its microprocessors in Dresden, Germany, and hasn't built a new U.S. factory since the late 1990s. Under a non-binding deal with New York officials, the company expects to receive about $900 million in cash incentives from the state, out of total subsidies estimated at $1.2 billion, said Preston Snuggs, AMD's vice president of logic operations.
Depending on demand for chips and other factors, construction could start between mid-2007 and mid-2009, with the first output from the plant expected about 2010, Mr. Snuggs said. The plant, near Saratoga Springs, N.Y., is expected to create 1,200 new jobs, AMD said.
(Excerpt) Read more at online.wsj.com ...
So thats how government creates jobs!
The article/plant has nothing to do with nanotechnology. This is a 300mm chip plant, similar to the one IBM has somewhere in the NE.
Well,good luck doing business in NY state.By the time the EPA vultures get done with them,they have to run the rest of the gauntlet.Everyone gets a cut before the concrete is laid down.
Hillary's new name is "WIDE LOAD".
Done deal. End of story.
"the road has already been plowed"
The infrastructure costs money to establish - and doing so will create cascades of more jobs.
As if that's a bad thing?
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Research and Development ever hear of that?
And you cannot research the EXCERPTED" article any further than what is at the top of the page? Do your research as I am here to inform you,it does.
AMD's prospective fabrication plant is tagged for a 200-acre site at the Luther Forest Technology Campus, the chip-maker said on Friday. AMD envisions a 1.2 million square-foot facility, which would likely produce microprocessors based on 32-nanometer manufacturing technology. The company, however, has to first deliver its chips based on 45-nanometer manufacturing technology, which it expects to introduce in mid-2008.
But then you could be Intel and open your newest 65-nanometer plant in Ireland (see story)!
Some FReepers complain when business (also benefits service related entraphrenuers) builds within the US and almost always the first to complain when it leaves for overseas.
Hillary is not the story. Hillary is only made "the story" here.
But that's not written on a stone tablet brought down from the mountain. Better that the taxpayers keep their money, and businesses locate where conditions are best. This raping of the taxpayers must stop.
I would think the cheap power at Niagara Falls played a big part.
Why do I know she'll find some way to claim credit!
The promise she made for New York is more jobs. She sees more jobs coming to New York so that is a positive for her. That is why she is taking credit. I don't know if she deserves it or not, but she seems to think she does. I can't stand her, but she is the one who promised jobs and now there seems to be jobs coming to New York.
no mention of the 20,000 jobs she's already pi$$ed down the toilet in western NY already..
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