State University of New York Chancellor Nancy Zimpher said New York’s $4.4 billion in investment agreements to create computer-chip technology will result in the creation of 2,500 new high-technology positions at several SUNY sites. Gov. Andrew Cuomo said in announcing the agreements today that they would lead to the creation and retention of about 6,900 jobs.
The jobs at SUNY sites will include 45 at SUNYIT in Utica, 800 at the University at Albany’s College of Nanoscale Science and Engineering and 300 at the CNSE Smart System Technology & Commercialization Center in Canandaigua, Ontario County. The rest will be at IBM in Yorktown Heights, Westchester County, and East Fishkill, Dutchess County.
This is what Zimpher said in a statement:
“I am extremely proud that SUNY is playing such a critical role as part of the extraordinary agreement reached today by Governor Cuomo. This partnership will draw on SUNY’s capacity to grow 21st century jobs and train a highly skilled, globally competitive workforce to fill those jobs. I want to commend Governor Cuomo for having the vision to include public higher education in the revitalization of New York’s economy.”
The state is investing $400 million in the College for Nanoscale and Science Engineering in Albany.
The announcement “is proof positive that New York is firmly established as the global headquarters for the 21st century nanotechnology-driven economy,” Alain Kaloyeros, senior vice president and CEO of CNSE, said in a statement. “Harnessing the power of this unique public-private partnership, this investment promises to usher in a new era of high-paying jobs, exceptional educational opportunities, and unparalleled economic growth for all New Yorkers.”
The five companies that are investing are Intel, IBM, GLOBALFOUNDRIES, TSMC and Samsung. The investment includes two projects — one led by IBM and its partners that will focus on creating the next two generations of computer chips and the other, which will involve Intel, IBM, TSMC, Global Foundries and TSMC, will transform 300mm technology into 450mm technology.