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Billions
invested in New York's Tech Valley
Opportunities grow for students in BOCES programs
SEPTEMBER
27, 2011
- New York Governor Andrew Cuomo announced on Tuesday a
historic private investment in New York State that promises
to create and retain approximately 6,900 jobs and create
opportunities for HFM BOCES students.
Five major technology companies – Intel, IBM,
GLOBALFOUNDRIES, Samsung, and TSMC – will invest $4.4
billion into the state’s nanotechnology sector, continuing
the development of Tech Valley with the next generation of
computer chip technology. New York was selected to receive
the influx of research and development money over countries
in Europe, Asia, and the Middle East.
To support the project, New York State will invest an
additional $400 million in the SUNY College for Nanoscale
Science Engineering.
“It's great,” HFM BOCES Career and Technical Education
Director Jay DeTraglia said. “There should certainly be a
positive ripple effect in our region associated with this
investment.”
Mr. DeTraglia believes that the partnership between HFM
BOCES and Fulton Montgomery Community College, specifically
regarding HFM's new engineering technology program, puts
area students in an advantageous position to secure
occupations regionally in emerging technology.
"As we move forward, HFM and FMCC can work with these
growing businesses to build even more support for our
educational initiatives through curriculum enhancement and
program development, internship and externship
opportunities, and advisory council participation," Mr.
DeTraglia said.
Representatives from GLOBALFOUNDRIES, GE Global Research
Center, the University at Albany, Workforce Consortium for
Emerging Technologies, and SUNY-IT currently serve on an
advisory committee that oversees the developing curriculum
for HFM BOCES' engineering technology program.
A release from the governor's office explained that
semiconductors are the key component in modern devices from
computers and cell phones to automobiles and airplanes, and
the semiconductor industry is the cornerstone of the
“innovation economy.” Semiconductors are the nation’s
largest export industry and generate billions of dollars in
revenue, according to the release.
New York State’s investments in the semiconductor industry
began in 1988 with the establishment of the advanced
semiconductor program at SUNY Albany under the SUNY Graduate
Research Initiative created by Governor Mario Cuomo. In
1993, the Center for Advanced Technology at SUNY Albany was
established by Governor Cuomo, which later became the basis
for the College of Nanoscale Engineering. |
