A show of support for Sematech
TIMES UNION
Saturday, February 9, 2008
By LARRY RULISON, Staff writer
ALBANY -- Nearly 20 local business executives and educational leaders voiced their support Friday for the state's $300 million incentive package to bring the headquarters of Sematech Inc. from Austin, Texas to Albany.
Sematech is the international semiconductor consortium that helped turn Austin into a computer chip manufacturing mecca in the 1980s. The organization established a subsidiary at the University at Albany's College of Nanoscale Science and Engineering in 2002 that has grown to 250 people.
And last year, Gov. Eliot Spitzer proposed a $600 million deal, including $300 million from the state, that would bring Sematech's headquarters to the college's Albany NanoTech complex on Fuller Road. Sematech, which will be known here as International Sematech, will also add 450 jobs within five years.
