Syracuse Post-Standard: Cuomo: Utica nanotech jobs mark
transformative moment for Upstate NY

Syracuse Post-Standard: Cuomo: Utica nanotech jobs mark
transformative moment for Upstate NY

Published:
Friday, August 21, 2015 - 10:47
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[caption id="" align="alignright" width="350"] 18585268-mmmain.jpg New York Gov. Andrew Cuomo announces two high-tech manufacturing companies are coming to the Utica area, during a news conference on Thursday, Aug. 20, 2015 in Utica, N.Y. General Electric Global Research will be the anchor tenant at SUNY Polytechnic Institute's Nanoscale Science and Engineering facility in Utica. Sensor-maker Ams AG of Austria will build a new plant in Marcy. Cuomo said that together, the two businesses expect to create nearly 2,000 jobs. (Mark DiOrio/Observer-Dispatch via AP) (Mark DiOrio)[/caption]

 By Mark Weiner | mweiner@syracuse.com Follow on Twitter on August 20, 2015 at 3:54 PM

 

UTICA, N.Y. – Gov. Andrew Cuomo says Upstate New York is about to wake from a long economic slumber, and the latest proof is happening with an "economic revolution" in the Mohawk Valley.

Cuomo delivered that message Thursday as he announced that General Electric Co. and Ams AG, an Austrian tech firm, will invest more than $2 billion in new facilities in Marcy as part of the Nano Utica computer chip research initiative.

The two companies say they expect to fill nearly 1,500 jobs in the short term, and about 2,000 jobs as the plants ramp up development.

"This is a transformative moment that will make an actual difference in peoples' lives in the Mohawk Valley for a long, long time," Cuomo said in a speech at SUNY Polytechnic in Marcy, where the state helped develop a $125 million nanotechnology lab to attract the new businesses.

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