Quantcast

GloFo to expand Fab 8

$2.3 B project driven by high demand for fab’s wafers

— “Today we see increasingly strong demand from our customers, especially at the 28nm node, and we are excited to be moving forward with this next phase in the development of the Fab 8 campus,” said Eric Choh, vice president and general manager of Fab 8, in a statement.

The news means more construction at the Luther Forest site, where there have been mixed feelings toward the massive, multi-year undertaking. Malta Supervisor Paul Sausville called GlobalFoundires a good and responsive partner, though.

“They’re truly a part of the community. I can call them with any questions…and they respond. …They’re raising the bar to make Malta competitive,” he said.

Sausville added that the “high benefit, low impact” of the campus has been transformational for the town’s tax base and job market.

“We’re seeing an impact already, we’ve had 21 businesses new or added to the workforce in Saratoga County,” said Sausville.

The ultimate goal for the town, according to Sausville, is that more workers will be living in the town and be able to bike to the forest instead of commuting from other areas.

Bardunias feels the timing of the foundry’s announcement is “just right,” citing the completion of roadway improvements on Routes 9 and 67, as well as new housing developments and a new Hannaford Supermarket at Exit 11to accommodate growth.

“The Saratoga County economy as a whole is improving and this (expansion) will only add fuel to the fire,” he said.

Kerley said that there are no plans for additional facilities on the Fab 8 campus at this time. The expansion is expected to start this month and be completed by the end of 2013.

0
Vote on this Story by clicking on the Icon

Comments

Use the comment form below to begin a discussion about this content.

Sign in to comment