GlobalFoundries takes step toward second plant

Posted at: 02/01/2013 5:51 PM
Updated at: 02/01/2013 6:11 PM
By: BethWurtmann

MALTA - Town Supervisor Paul Sausville said Malta will need help to be prepared, if Global Foundries goes forward with a second computer chip manufacturing plant.

In an initial step, the company submitted a request to the Town to amend its Planned Development District, to pave the way.

"It's big, it's big for New York State. It's far beyond Malta's ability to incentivise. It's beyond our ability to make it happen," Sausville said.

Global Foundries hopes the Town will amend its zoning legislation within 90 days, saying the entire process through site plan approval and building permit issuance will take about six months.

"We call this potential second fab, “Fab 8.2,” and it would significantly expand our investment and capabilities in New York. We’re not sure if or when we would build this second fab, but we’re now working with Malta to amend the PDD to give us that option should we need it for our business in the future," said Travis Bullard, GlobalFoundries spokesman.

Saulsville said it could mean thousands of new jobs, but state leaders would have to help finance new roads, gas lines and onsite power generation.

"When you're dealing with a seven-billion project, we're not talking about a shopping mall with 100 million dollars of investment. We're talking about seven-billion dollars with huge infrastructure needs beyond that," Sausville added. "Somebody at the upper level's of government have to understand that if they want the high tech world to come to the Capital district areas they've got to seize the opportunity," he added.

The public will also be able to get a first look at the plans for Fab 8.2.
GlobalFoundries will be presenting them at a Malta town meeting on February 12 at 6:30.