MARCY, NY (AP) - Gov. Andrew Cuomo announces six companies will invest $1.5 billion in nanotechnology to create more than 1,000 jobs in the Mohawk Valley.
Cuomo joined business executives and elected officials Thursday to make the research and development announcement at the SUNY Institute of Technology near Utica. The companies joining to create the "Nano Utica'' consortium are Advanced Nanotechnology Solutions Inc., SEMATECH, Atotech, IBM, Lam Research and Tokyo Electron.
The computer chip packaging consortium will work inside the complex under construction on the SUNYIT campus, which is due to open late next year.
The consortium will build on research being conducted by its members at the Albany-based SUNY College of Nanoscale Science and Engineering.
Cuomo says the project will replicate the success of Albany's nanotechnology center in Utica