GlobalFoundries

GlobalFoundries plans to lay off 424 workers at its Malta, New York facility, according to the state labor department. Some 3,400 people work at the Saratoga County Fab 8 chip plant. 

In a likely blow to New York’s Capital Region, GlobalFoundries has announced a new round of layoffs.

Local business leaders from across Saratoga County gathered Thursday to get an economic update on the county, which is experiencing increased investment and growth.

An upstate New York company has relocated from an iconic Albany building to a brand new logistics hub in Saratoga County. WAMC’s Southern Adirondack Bureau Chief Lucas Willard reports the company plans to bring more jobs to the region.

Semiconductor manufacturer GLOBALFOUNDRIES announced that it is working toward the next technological breakthrough of 7 nanometer technology.

Construction work has been halted at an upstate New York high-tech manufacturing complex after old cylinders from the property's stint as a Cold War rocket fuel test site were discovered.

Computer chip manufacturer GlobalFoundries invited members of the public in for an open house this week. While the community got a taste of what goes on at the Saratoga County Fab 8 site, local reporters had a chance to meet with company leadership.

Recently reported layoffs at GlobalFoundries’ facilities in New York come at the same time the company is celebrating a new investment in Vermont.

Officials say the Essex Junction, Vermont computer chip manufacturing plant now owned by GlobalFoundries has received a $55 million capital infusion that is increasing plant output by 15 percent.

As upstate New York continues to establish itself as a hub for high-tech industry, a groundbreaking ceremony was held today in Saratoga Springs for a chemical manufacturing company that will supply the region with an important product.

Some in Saratoga County are praising the recent deal between computer chip manufacturer Global Foundries and IBM, saying that it could bring more economic opportunity to the region.

WAMC's David Guistina talks with Mike Spain of the Times Union about the IBM-GlobalFoundries deal and an Albany Common Council Vote on red-light cameras in the capital city.

GlobalFoundries hosted an open house at its computer chip fabrication facility in the Saratoga County town of Malta Monday evening. 

GlobalFoundries held the event to allow workers’ families and community members to see the facility and get a better understanding of how the company and its Fab 8 semiconductor manufacturing facility operate.

The company operates its Fab 8 campus at the Luther Forest Technology Campus in Malta, and employs more than 1,000 workers at the facility.

New York officials say 16 new partnerships between state colleges, public schools and private companies will result in 6,000 students earning associate's degrees at no cost to their families and put them at the front of the line for those companies' skilled jobs in manufacturing, information technology and health care.

The so-called P-TECH model follows IBM's Pathways in Technology Early College High School program in New York City.

According to the governor's office, pending negotiation of each applicant's budget, they will enroll their first class in September 2014.

One of the largest companies in Saratoga County could be expanding, as local officials work to develop a new economic plan for the region.

At a meeting Monday evening, the Malta Town Board voted unanimously to approve zoning legislation to allow GlobalFoundries, a computer chip manufacturer, to expand by building a second facility.

The company had been working with the town since it submitted its proposal for the 575,000 square-foot Fab 8.2 project last winter.

Citizens turned out for a Monday evening public hearing regarding some amendments proposed by chip fabrication company GlobalFoundries for its Fab 8.2 project that will impact Malta's planned development district.  

GlobalFoundries is seeking amendments pertaining to clean room space, enlarging the fab's overall footprint, extending building height limits and revised traffic mitigation.