MVEDGE nano press given vendors visiting Albany

Executives of global semiconductor companies were in the Capital District last month, and promoters of the nanotechnology site in Marcy were right there in their quest to land a computer chip maker.

"Having New York host this prestigious event gives Marcy Nanocenter at SUNYIT and all of the terrific assets in New York an opportunity to showcase themselves to the CEOs of semiconductor companies," said Mohawk Valley EDGE President Steven J. DiMeo. "It is a sign to the industry that New York is serious about the industry and through this sponsorship we are able to have a presence."

For the last decade EDGE has been the lead player in development of a site on the SUNYIT campus to attract a semiconductor company. Several million dollars have been spent to make the parcel shovel ready for a tenant. Additionally, there have been ongoing marketing efforts,

"The good news is that every company we talked to knew where Marcy, N.Y., is," DiMeo told county legislators during an EDGE update May 31 after the semiconductor industry conference.

The World Semiconductor Council wrapped up its 16th annual meeting May 25 in Saratoga. There were guests from around the world — places like China, Chinese Taipei, Europe, Japan, Korea and the U.S. About 200 people attended a Tuesday at which Lt. Gov. Robert Duffy was the keynote speaker.

The council was established in 1996 to promote international cooperation in the semiconductor sector in order to enhance the industry’s long-term growth. The annual gathering is held in the U.S. every six years. Marcy Nanocenter was a sponsor of last week’s meeting.

The council picked Saratoga due to the region’s emerging status as a cluster for semiconductor innovation. Factors cited included the College of Nanoscale Science and Engineering at the University of Albany, GlobalFoundries’ investment in a $4.2 billion semiconductor manufacturing plant in Malta, and the commitment by the state in partnership with Intel, IBM, GlobalFoundries, TSMC and Samsung of a $4.4 billion investment to create the next generation computer chip technology.

The council’s conference was one of several this month EDGE attended in the U.S. and in Europe to promote the Marcy site.