Leading semiconductor companies from around the globe are choosing to invest their futures here in Upstate New York because we have one of the largest and richest consumer and business markets in the world. New York ranks second in the number of high tech establishments (16,700), third in the nation in high technology employment (364,887), third in high tech payroll ($25.8 billion) and fourth in venture capital invested ($2.2 billion) according to American Electronics Association.
To support the needs of these enterprises, Upstate New York has a quality statewide transportation system, abundant water and sewer capacity, natural gas, redundant electric and state-of-the-art telecommunications. Our superior network of resources provides ready access to the infrastructure needs of high tech industries.
New York is also home to more than 400,000 scientists and engineers, including eight percent of the nation’s Ph.D.s. And with one quarter of the State’s adult population having four or more years of higher education, a significant pool of available workers with experience in engineering, electronics and manufacturing is ready to meet the needs of growing businesses.
The UAlbany CNSE is the first college in the world dedicated to research, development, education, and deployment in the emerging disciplines of nanoscience, nanoengineering, nanobioscience, and nanoeconomics. In May 2006, it was ranked as the nation's number one college for nanotechnology and microtechnology in the Annual College Ranking by Small Times magazine. CNSE's Albany NanoTech complex is the most advanced research facility of its kind at any university in the
world: a $3.5 billion, 450,000-square-foot complex that attracts corporate partners from around the world and offers students a one-of-a-kind academic experience. The UAlbany NanoCollege houses the only fully-integrated, 300mm wafer, computer chip pilot prototyping and demonstration line within 65,000 square feet of Class 1 capable cleanrooms. Over 1,600 scientists, researchers, engineers, students, and faculty work on site at CNSE's Albany NanoTech complex, including IBM, AMD, SONY, Toshiba, Qimonda, Honeywell, ASML, Applied Materials, Tokyo Electron, and Freescale. An expansion currently underway will increase the size of CNSE's Albany NanoTech complex to over 750,000 square feet, including over 80,000 square feet of Class 1 cleanroom space, to house over 2,000 scientists, researchers, engineers, students, and faculty by the end of 2008.
No area does more to attract private commercial business development. We offer benefits that can reduce the cost of doing business for companies that locate here and invest in new equipment and jobs. One of the incentives for a company that creates jobs in one of the State’s 72 Empire Zones is to have the opportunity to operate on an almost "tax-free" basis for up to 10 years.
As home to Sematech North and Tokyo Electron’s newest research and development facility, we can proudly say Upstate New York is leading the nanotechnology revolution. We believe a successful partnership with nanotechnology companies will lead to the future growth of all business sectors.
For more information go to www.nylovesnano.com
