AMD stock tumbled on news of the delay, but it recovered to close at $2.11, down a quarter.
The company's representatives assured the Malta Planning Board that the hiccup will not affect the timeline for the construction of Fab 4x. They hope to move through the site plan approval process in steps, starting with a soil disturbance permit that could be approved at a March 10 meeting, clearing the way for "site enabling clearing works" to begin in late March.
That will involve the clearing of vegetation, leveling of the site, construction of temporary parking lots and offices and the placement of preliminary building platforms.
This initial work should only require 75 to 100 workers. When the pouring of concrete and foundation construction begins in the third quarter, that number will increase to 400 and continue to rise until as many as 1,200 workers are on site in early 2010.
Construction traffic will arrive via Stone Break Road. Most of the excavated dirt will be kept on the 222-acre property for grading purposes, which will limit the amount of truck traffic. Trucks will use Northway Exit 10 to avoid the Village of Round Lake.
Fab 4x will total about 1.3-million-square-feet, most of which will be comprised of the manufacturing element. There will also be administrative offices and other support buildings. The site plan leaves room for two other such facilities, to eventually be arranged in a massive "W."
Malta's Planning Board will be devoting two meetings per month to work through the site plan, which is housed in 6-inch thick binders. If all goes according to plan, the factory will be active in 2012, at which time it will employ 1,465.""