Governor Cuomo Launches Next Phase of Nano Utica Initiative With Nearly 2,000 New Jobs Expected and Over $2 Billion in Private Investment

Governor Cuomo announced that global technology leader ams AG, a multinational company that creates high performance sensor solutions and analog ICs, plans to generate more than 1,000 new jobs and initially invest over $2 billion to support a cutting edge, 360,000 square foot wafer fabrication facility to be constructed at the Nano Utica site in Marcy.

Governor Cuomo also announced that GE Global Research will expand its New York global operations to the Mohawk Valley, serving as the anchor tenant of the Computer Chip Commercialization Center (QUAD C) on the campus of SUNY Polytechnic Institute’s Colleges of Nanoscale Science and Engineering in Utica. Nearly 500 jobs are expected to be created in the Mohawk Valley in the next five years from SUNY Poly, GE and affiliated corporations and another 350 in the subsequent five years.

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