• NY Announces $4.4B technology investment from Intel, IBM

    September 28th, 2011 by admin Categories: Blogs Tags: , , , , ,

    Governor Cuomo announced that:

    Intel, IBM and other major technology companies announced Tuesday they will invest $4.4 billion for computer-chip research in New York that will create or retain about 6,900 jobs stretching from the Finger Lakes through the Hudson Valley.

    The announcement by Gov. Andrew Cuomo was hailed as a breakthrough investment by private companies to bolster the state’s burgeoning nanotechnology and semiconductor industry and cement New York as a leader in the field.

    “These companies could have gone anywhere on the globe… (but) They are investing right here in New York.”

    Full story here. To do something like this in California, we would have probably had to pass a bond measure to have the taxpayers pay for it.

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