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10/24/2013 12:03:16 PM

Times Union: Gains there, gains here

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Times Union

After seeing the Utica area land a $1.5 billion computer chip consortium and plans for new state-sponsored nanotech hubs in Syracuse, Rochester and Buffalo that could bring billions of dollars in high-tech investments to those communities, Capital Region business leaders may be wondering if the Cuomo administration is abandoning Albany.

After all, until Gov. Andrew Cuomo arrived in office in 2011, most of New York's high-tech economic development money flowed into this region, with the constant expansion of the SUNY College of Nanoscale Science and Engineering and the blockbuster billion-dollar incentive deal that brought the GlobalFoundries computer chip plant to Saratoga County.

But Wednesday night in Albany at the Center for Economic Growth's annual meeting that brings together hundreds of this area's most prominent business and community members, the man who has convinced most of the semiconductor industry to move to Albany over the past two decades said such worry is unfounded.

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