October 03, 2006

New York Ranked Among Top Five States On Nanotech Companies

By: by Richard A. D'Errico, The Business Review


Small Times magazine has named New York third on a list of states ranked by the number of nanotech-related and micro-tech companies each has.

First on the list is California, followed by Massachusetts. New York topped New Mexico and Connecticut, which were ranked fourth and fifth, respectively.

Regarding New York, Small Times said: "The Albany area is pushing nanoeconomic development aggressively. Look for the upstate region to evolve into a denser cluster as startups and service providers follow the recently announced AMD chip fab in the region."

Advanced Micro Devices Inc. has announced it will build a computer microchip manufacturing plant in the Luther Forest Technology Campus in Saratoga County.

Alain Kaloyeros, vice president and chief administrative officer of the state University at Albany's College of Nanoscale Science and Engineering, praised Gov. George Pataki and Assembly Speaker Sheldon Silver for pushing the nanotech effort in the state.

The school's innovative research programs are helping to elevate the state in becoming "an education world leader," Kaloyeros said.