hudson valley


Thu July 26, 2012

GlobalFoundries announces $2.3 billion expansion

The GlobalFoundries chip plant in Malta has announced a $2.3 billion expansion. It will soon be the size of six football fields.
Marie Cusick WMHT

The massive GlobalFoundries computer chip manufacturing plant outside of Albany will soon grow even larger.

The company announced an additional $2.3 billion investment at its Malta site earlier this week.

The plans call for an expansion of the cleanroom space where the company builds 300 millimeter computer chip wafers. The chips are used in everything from computers, to cell phones, and cars.

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Fri July 13, 2012

GE unveils new battery plant in Schenectady

In our latest Innovation Trail report for New York NOW we visited GE's new battery plant in Schenectady.

The plant will employ 450 workers building GE's new Durathon batteries, which will be used as energy storage in the telecommunications industry and on utility grids.

Watch the full story here:


Fri June 22, 2012

State awards $2.4 million for stem cell research center

Rensselaer Polytechnic Institute President Dr. Shirley Ann Jackson unveils the new Stem Cell Research Center.
Marie Cusick WMHT

Officials from the Rensselaer Polytechnic Institute (RPI) cut the ribbon today on a brand new Stem Cell Research Center.

It's paid for by a $2.45 million grant from the New York State Stem Cell Science Program (NYSTEM) - a state agency dedicated to funding this kind of research.

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Fri June 1, 2012

Q&A: Energy Secretary Steven Chu on powering NY and the nation

Just a few weeks after President Obama visited the Capital Region, an important member of his cabinet was also in town.

Energy Secretary, and Nobel Prize winner, Dr. Steven Chu was in the area to tour the GE Global Research center outside of Schenectady. He also received an honorary degree from the Rensselaer Polytechnic Institute.

During his visit, Chu sat down with New York NOW to talk about national energy policy, and some of the issues facing New York - like the future of hydrofracking and nuclear power.

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Fri May 25, 2012

Semiconductor chiefs meet in Saratoga Springs

Normally competitors, semiconductor CEOs get together each year to work on policy issues that affect the whole industry.
Marie Cusick WMHT

Top executives from around the globe were in Saratoga Springs this week to talk about the future of the semiconductor industry.

The event marks the 16th annual meeting of the World Semiconductor Council (WSC). The gathering rotates around the world and is only held in the United States once every six years.

The group of CEOs and top executives from semiconductor companies are normally fierce competitors, but once a year they come together for this meeting to build consensus around issues that affect the whole industry, like international trade and public policy.

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