7/30/2014 3:27:51 PM
WROC: Why ROC: NY Power Electronics Manufacturing Consortium
The recently announced NY Power Electronics Manufacturing Consortium was the topic of discussion during our Why ROC interview Wednesday on News 8 at Sunrise.
Jerry Gretzinger, the SUNY College of Nanoscale Science and Engineering's Vice President for Strategic Communications and Public Relations, discussed the consortium and what it means for the Rochester community. Gretzinger explained that the NY Power Electronics Manufacturing Consortium (NY-PEMC) is a public-private partnership that will help develop the next generation of materials used on semiconductors at State-owned research and development facilities.
Managed through the newly merged SUNY College of Nanoscale Science and Engineering (CNSE)/SUNY Institute of Technology (SUNYIT), the next generation of semiconductors will enable power devices to get smaller, faster and more efficient as the current material, has reached its entitlement.
The State is partnering with over 100 private companies, led by SEMATECH and IBM. The Consortium will invest $500 million and create thousands of high-skilled, high-paying jobs statewide. Gretzinger said at least 500 of those jobs should come to Canal Ponds Park in Greece, focusing on the development and manufacture of the next generation of materials used on semiconductors.