9/12/2013 8:53:42 AM
Utica Observer-Dispatch: 5,000 jobs, $45B investment possibly headed to Marcy nano site
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MARCY —New York state and an array of private partners are poised to make a $10 billion to $15 billion investment in the chip fabrication site in Marcy.
And the total investment over about a decade could reach $45 billion.
That’s right — billion — with a capital B.
For more than a decade, local officials have been grooming and marketing the 420-acre parcel to attract a computer chip manufacturer and the thousands of well-paid jobs such a plant would bring.
Now, that vision might be about to become a reality, according to state officials.
Under a new partnership with SUNY’s College of Nanoscale Science and Engineering, the state will work with Mohawk Valley EDGE and SUNYIT on the development of a manufacturing hub to serve the world’s leading high-tech companies.