Breaking Ground for a New Era A lot of hope for the region's future is riding on the groundbreaking for the $4.2 billion computer chip factory in Saratoga County. Three years of planning and hundreds of millions of dollars in taxpayer money have helped to make the project a reality.
Nimble, high-tech companies account for manufacturing success in Central New York Allred & Associates Inc.'s factory employs 38 people who make things out of carbon fiber. They make parts for robots and lightweight interiors for submarines. They are developing a small, lightweight bridge that soldiers can carry in a backpack and a lightweight ladder for special ops. Allred's little factory on Route 5 west of Elbridge represents the state of manufacturing in Central New York.
Schenectady eyed for plant Tentative plans for General Electric Co.'s new battery plant are to refurbish an existing building at the GE Energy campus. Building 66, as it's known, would be used to produce the new high-density electricity storage devices. The $100 million plant, announced in May, will employ 350 workers.
Federal funds available to expand broadband service schools, libraries and other community organizations currently without broadband services can apply for $7.2 billion of federal stimulus grants and loans for unserved and underserved communities.
Area's hopes for high tech on rise again Amid high hopes for the SUNYIT nanotechnology project, many Mohawk Valley residents still taste the bitterness left by a long list of failed or underperforming New York state initiatives this decade.