Investing in Tech Valley

Billions of dollars have been invested in Tech Valley by a number of the world's leading corporations and organizations including Applied Materials, AMD, ASML, Beech-Nut, GE Global Research, GE Healthcare, IBM, International SEMATECH, SONY, Tokyo Electron and Toshiba. Below is a list of a few of the major investments made in the region over the past several years.
 
2009
 
$150M NanoFab East Expansion @ UAlbany Nanocollege
The 350,000-square-foot expansion will host cutting-edge nanoelectronics research and development programs, business deployment and commercialization outreach initiatives for leading international companies.
 
$100M GE Battery Factory
GE will open a new, state-of-the-art battery manufacturing plant that will serve as the main manufacturing facility for its newly formed battery business.
 
2008
 
$1.5B IBM New Investments in Nanotechnology Research and Development
IBM to expand its operations at the College of Nanoscale Science and Engineering, create a new, advanced semiconductor packaging research and development center and upgrade its IBM's East Fishkill facility.
 
$150M Momentive Performance Materials to Move Global HQ to Region
Momentive to build a 124,000-square-foot, state-of-the-art technology center and global headquarters in Rensselaer County.
 
2007
 
$700M International SEMATECH @ UAlbany’s Nanocollege
International SEMATECH, a 12-member global consortium of major computer chip manufacturers, announces plans to expand its operations in Tech Valley.
 
$165M GE Healthcare Digital X-Ray Manufacturing Facility
Facility to manufacture state-of-the art digital X-ray mammography machines.
 
$124M Beech-Nut Nutrition Corporation State-of-the-Art Production Facility
Beech-Nut to relocate corporate headquarters and build infant-food production facility.
 
2006
 
$4.6B Proposed AMD Chip Plant
1.2 million-square foot 300mm wafer fabrication plant
 
$435M Institute for Nanoelectronics Discovery and Exploration (INDEX) @ CENN
One of just three nanoelectronics research institutes in the country.
 
$125M Vistec Lithography @ Watervliet Arsenal
Vistec to manufacture to develop and manufacture advanced electron-beam lithography equipment at the Watervliet Arsenal and conduct research and development at the newly created Center for Nanolithography Development on the University at Albany campus.
 
$100M RPI’s Computational Center of Nanotechnology Innovations
RPI and IBM start to create the world’s most powerful university-based supercomputing center, and a top 10 supercomputing center of any kind in the world. CCNI is unveiled a year later.
 
2005
 
$600M International Venture for Nanolithography (INVENT) @ CENN
First-of-its-kind, global industry-university consortium for research and development, education and technology deployment for future generations of nanolithography applications.
 
$500M Center for Semiconductor Research @ Albany NanoTech
A long-term, multi-phase, joint R&D cooperative program on future computer chip technology nodes beginning with the 32nm computer chip device node. Industry partners within the CSR include IBM, Advanced Micro Devices, SONY, Toshiba, Tokyo Electron and Applied Materials.
 
$400M ASML R&D Center (IMPLSE) @ CENN
ASML located its $400 million R&D center at CENN to develop nanoscale lithography technologies for future generations of nanochips.
 
$300M Applied Materials Research Center @ CENN
AMAT's only R&D facility located outside of its main headquarters. Emphasis is placed on advanced process technology for the 32nm node and beyond.
 
2003
 
$142M RPI’s Experimental Media and Performing Arts Center (EMPAC)
RPI breaks ground on its Experimental Media and Performing Arts Center which is a custom-designed building for the school’s traditional performing arts and new, experimental media programs. It is expected to open in fall 2008.
 
$125M GE Global Research Headquaters
GE upgrades its research and development facilities.
 
2002
 
$2.5B IBM Chip Plant
IBM transforms its plant in Fishkill into the world’s most advanced chip fabrication factory by completely automated the chip production process using real-time information.
 
$405M International SEMATECH North
Establishment of a next-generation 300mm R&D center at the College of Nanoscale Science and Engineering’s Albany NanoTech complex.
 
$300M Harriman Research and Technology Park
State-of-the-art research and office facilities that would serve as a catalyst for innovation in science and technology.
 
$300M Tokyo Electron Ltd. (TEL) Technology Center America @ CENN
TEL’s only research and development facility outside of Japan.
 
2001
 
$150M Center of Excellence in Nanoelectronics & Nanotechnology (CENN)
New York State and IBM launch the Center of Excellence in Nanoelectronics and Nanotechnology (CENN) at UAlbany.

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