Globalfoundries World HQ Relocating to Malta NY. MALTA NY — Globalfoundries is relocating its headquarters to Malta, the site of Fab 8, the company’s most advanced semiconductor manufacturing facility. Here is our drive tour of the area, While GlobalFoundries plans to relocate it HQ and to build second chip plant in Malta. Is Intel buying GlobalFounderies it seems a 30 billion offer is on the table. Intel wants to buy GlobalFounderies and then expand to a city within a city concept built on the GlobalFoundries unused fab sites. What is a fab site? Fab sites like GlobalFoundries Fab 8 are nothing more than billable factory or fabrication sites. Intel and GlobalFoundries plans to bring a 1000 more long term jobs and many more shorter term during the construction phase.
Company says it will bring 1,000 more jobs to Saratoga County MALTA — GlobalFoundries plans to build a second semiconductor fabrication plant at its Fab 8 campus, an expansion the company says will lead to the creation of another 1,000 jobs and double its manufacturing capacity - signaling a new phase of growth in the Capital Region's semiconductor segment.
The plan announced by the chip manufacturer is likely to have a broad economic impact on the region, where it already employees 3,000 people. GlobalFoundries recently moved its headquarters to Malta, and the expansion of the company over the last decades has fueled a home-building boom in the region. Experts say GF is in a strong position in the semiconductor industry as a shortage plagues markets worldwide.
The company’s goal is to address that shortage, and the expansion likely will mean an uptick in area employment. GF already employs almost 3,000 at its Malta headquarters, and the new project is slated to add 1,000 more.
Intel GlobalFoundries Malta is 30 minutes north of Albany NY and 10 minutes from Downtown Saratoga Springs. We have many videos on the things to do in Saratoga, they will give you a further idea of the area.
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ButchyBoom.com this is a 4k video
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