Global technology leader ams AG, a multinational company that creates high performance sensor solutions and analog ICs, plans to initially invest over $2 billion to support a cutting edge, 360,000 square foot, wafer fabrication facility to be constructed at the Nano Utica site in Marcy, New York.
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Ams will build and operate a wafer fabrication plant at the 450-acre Marcy Nanocenter site to support the company’s high-performance analog semiconductor operations.
The state says the two businesses expect to create more than 1,500 jobs.
At the same time, General Electric (GE) Global Research will expand its New York operations to the Mohawk Valley.
It’s part of the companies’ investment into Cuomo’s Nano Utica computer chip research initiative.
Separately, GE will serve as the anchor tenant of the Computer Chip Commercialization Center (Quad-C) on the campus of SUNY Polytechnic Institute’s Colleges of Nanoscale Science and Engineering in Marcy, the source said.
Designed to “replicate the dramatic success” of SUNY Poly’s nanotech megaplex in Albany, Nano Utica “further cements New York’s global recognition as the preeminent hub for 21st century nanotechnology innovation, education, and economic development”, Cuomo’s office added.
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The Democratic governor and his cabinet traveled to Utica to make the Mohawk Valley city the state’s “capital for the day”. The governor’s first stop was Rochester, which has felt underserved compared to Buffalo as that city has reaped hundreds of millions in state benefits part of the Buffalo Billion Initiative. General Electric once had deep roots in the area.
