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AMD chip fab nearing a reality
Times-Union ^ | Sunday, January 25, 2009 | Larry Rulison

Posted on 01/26/2009 8:18:05 AM PST by SunkenCiv

Advanced Micro Devices Inc. shareholders will gather in Austin, Texas on Feb. 10 to authorize an investment by the Emirate of Abu Dhabi that could top $9 billion. The transaction, which includes the spin-off of AMD's manufacturing operations in Germany into a joint venture called The Foundry Co., will fund construction of a $4.6 billion chip fab at the Luther Forest Technology Campus in Malta... After the deal with Abu Dhabi closes -- a transaction that should take place within 48 hours of a successful shareholder vote -- the 222 acres needed for the plant are expected to be purchased from Luther Forest relatively quickly. The purchase price is expected to be at between $7 million and $8 million, according to documents filed with the Saratoga County Industrial Development Agency. Then in March or early April, once the ground begins to thaw, Foundry will begin tree clearing and root removal, getting the site ready for full-scale construction. A groundbreaking is planned by July, when a $1.2 billion state incentive package for the project expires, although the groundbreaking isn't required at that time under the agreement with New York state.

(Excerpt) Read more at timesunion.com ...


TOPICS: Business/Economy; Germany; US: New York; US: Texas
KEYWORDS: abudhabi; amd; foundry

1 posted on 01/26/2009 8:18:06 AM PST by SunkenCiv
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To: Ernest_at_the_Beach; ShadowAce; Swordmaker
Ping!
2 posted on 01/26/2009 8:18:38 AM PST by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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To: SunkenCiv

Just 2 miles down the road....


3 posted on 01/26/2009 8:23:25 AM PST by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: xcamel
Long time coming?
Streamlining AMD sells handheld assets to Qualcomm
by Baz Hiralal
Posted on January 20, 2009 at 11:28 AM

4 posted on 01/26/2009 8:33:23 AM PST by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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Conficker Downadup site:freerepublic.com
Google

5 posted on 01/26/2009 8:36:20 AM PST by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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To: SunkenCiv

I hope this is Malta, Texas, not the Malta in the Mediterranean off the coast of Sicily.


6 posted on 01/26/2009 8:37:04 AM PST by garyhope (Barack Hussein Obambi, Marxist traitor and the end of America and Western civilization)
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To: garyhope

It look like Malts New York from the whole article.


7 posted on 01/26/2009 8:38:46 AM PST by ThomasThomas ( Never mind.........it may go both ways...)
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To: SunkenCiv

No litterally... just up the road from my business...


8 posted on 01/26/2009 8:39:02 AM PST by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: SunkenCiv

Scratch my last post. It’s Malta, New York.

Gee, all that money would be nice in Texas though.

At least it’s not the Malta off of Sicily. Imagine the Mafia with all that bribe money.


9 posted on 01/26/2009 8:40:51 AM PST by garyhope (Barack Hussein Obambi, Marxist traitor and the end of America and Western civilization)
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To: ThomasThomas

“Missed it by THIS much,......”

(Holding fingers up with teeny, tiny space....)


10 posted on 01/26/2009 8:42:22 AM PST by garyhope (Barack Hussein Obambi, Marxist traitor and the end of America and Western civilization)
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AMD, HP Combine to Launch "Yukon" Platform for Ultraportable Laptops
Scott Ferguson
2009-01-06

11 posted on 01/26/2009 8:42:59 AM PST by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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To: garyhope

:’) ...because there’s NO MAFIA in New York state...


12 posted on 01/26/2009 8:45:32 AM PST by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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To: xcamel

Well, it’s a chip fab, so it should be nice and quiet, except for the trucks. :’)


13 posted on 01/26/2009 8:45:59 AM PST by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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AMD Shanghai Opteron CPUs On Linux
phoronix.com | January 02, 2009 | Michael Larabel
Posted on 01/05/2009 9:01:29 AM PST by Ernest_at_the_Beach
http://www.freerepublic.com/focus/f-chat/2159032/posts

Proposal Letter Reshaping NY State’s Subsidy for AMD Chip Fab Plant
[Vanity => Public Service]
FreeRepublic (right here) | (right now) | Citizens of NY
Posted on 01/05/2009 5:02:34 PM PST by Fitzy_888
http://www.freerepublic.com/focus/f-chat/2159310/posts

Nvidia targets Netbooks, Intel with 9400M chip
CNet | December 17, 2008 | Brooke Crothers
Posted on 01/26/2009 8:25:46 AM PST by SunkenCiv
http://www.freerepublic.com/focus/news/2171973/posts


14 posted on 01/26/2009 8:51:10 AM PST by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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To: SunkenCiv

Well, the one bright spot here is that the fab plant will be in the U.S. At least a few jobs will stay here.


15 posted on 01/26/2009 8:52:47 AM PST by Cicero (Marcus Tullius)
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To: rdb3; Calvinist_Dark_Lord; GodGunsandGuts; CyberCowboy777; Salo; Bobsat; JosephW; ...

16 posted on 01/26/2009 8:56:42 AM PST by ShadowAce (Linux -- The Ultimate Windows Service Pack)
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To: SunkenCiv

I have more trucks on the road than they ever will...


17 posted on 01/26/2009 9:03:57 AM PST by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: xcamel

:’)


18 posted on 01/26/2009 9:16:02 AM PST by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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To: Cicero

For that matter, opening a take-out restaurant right across the street might be a good investment, except for the fact that real estate prices have probably soared.


19 posted on 01/26/2009 9:17:49 AM PST by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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To: SunkenCiv

LOL!


20 posted on 01/26/2009 9:33:14 AM PST by visualops (portraits.artlife.us or visit my freeper page)
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To: SunkenCiv

As you say. This fab will be automated and have relatively few workers, but they will be skilled and highly paid. They’ll probably hire baby sitters and lawn mowers, they’ll eat out at local restaurants, they’ll buy at local stores, and so forth.

Better than sending the fab to Maylasia or China, where all my Dell laptops seem to have been put together in recent years.


21 posted on 01/26/2009 10:30:59 AM PST by Cicero (Marcus Tullius)
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To: Cicero

The cratering of the oil price probably limits the number of such new industrial constructions in the US; that low-down dollar was helping us for a while. Now that the dollar is worth more, we need to spend some of them on a sea-to-sea border fence with Mexico — preferably a multi-layer one, with an electronic frontier, including tunnel detection.


22 posted on 01/26/2009 10:48:40 AM PST by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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