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Posted: July 19, 2007
Marcy NanoCenter called best North American site for nanoelectronics manufacturing
(Nanowerk News) A $4 million investment by New York State has further prepared Marcy NanoCenter for immediate development by the nanoelectonics industry. This state grant will initiate engineering work on infrastructure improvements at the shovel ready site, reducing the time necessary to complete an operational facility.
Following last year’s global site search, AMD CEO Hector Ruiz called the 300-acre upstate New York greenfield “a world class site.”
From shovel ready to operational
The $4 million in state funding will begin site and infrastructure improvements, including water and sewer upgrades, to reduce the lead time necessary for a developer.
Phase II funding of $14.5 million for road and other infrastructure improvements has been proposed.
“Marcy NanoCenter is ready for development as a result of the significant investment by New York State,” said Steven J. DiMeo, president of Mohawk Valley EDGE, the regional economic development agency that is leading the marketing efforts of the site. “Instead of completing off site improvements simultaneous to site development, our strategy is to conclude this work as soon as possible, thereby speeding up the development timeline.”
"The State’s investment in this site is a substantive example of its commitment to make New York a leader inthe global high-tech economy. I am very excited about the world-class potential that the Marcy NanoCenter has to offer,” added Senator Joseph A. Griffo (R-Rome).
“As New York becomes a major hub of the nanoelectronics industry, we are committed to enhancing the strengths and resources that have made the Mohawk Valley a center of technological innovation,” said Assemblywoman RoAnn M. Destito (D-Rome).
Marcy NanoCenter is located on the campus of the State University of New York Institute of Technology. The proximity of the SUNYIT and Marcy NanoCenter campuses will link workplace with education, training, recreation, open space and other amenities important to the nanoelectronics industry and its employees. The site is infrastructure-rich to meet the demands of the nanoelectronics industry.