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Foundry Files

GLOBALFOUNDRIES Welcomes President Barack Obama to NY’s Capital Region

  • By: Communications
  • May 7, 2012
  • Category: Business

— President Obama will be in New York’s Capital Region on Tuesday.

On Tuesday, May 8, GLOBALFOUNDRIES will help host President Barack Obama during his visit to New York’s Capital Region. While the visit was originally planned to be held at Fab 8, it will now take place at the College of Nanoscale Science and Engineering’s (CNSE) NanoTech Complex at the State University of New York in Albany for logistical reasons.

President Obama’s visit will highlight the historic public and private investments in new advanced manufacturing, research and development, and education facilities helping to revitalize upstate New York and strategically position the United States in the global economy.

New York’s Tech Valley is now a major hub for the global technology industry, attracting big firms, such as GF, GE and IBM, as well as their suppliers, and smaller start-ups companies. The region is also home to world-renowned education and research facilities such as the global semiconductor research consortia SEMATECH, Rensselear Polytechnic Institute, and CNSE at the University of Albany.

GF CEO, Ajit Manocha, shared his excitement about President Obama’s visit: “The President’s visit highlights the success of this region to create new public-private economic development initiatives. We’re proud of the role we are playing as a leading semiconductor manufacturer, investing in the new R&D and manufacturing operations now driving innovation, creating new jobs, and increasing economic opportunities throughout the Capital Region. On behalf of our more than 12,000 employees worldwide, and our more than 1,500 employees in New York, I thank President Obama and leaders in this region for recognizing the impact our investments are making to create new jobs and develop upstate New York as a premier hub for the global economy.”

Click here for more information on this visit.

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