AMD incentives called good investment

COLONIE — Taxpayer dollars spent on incentive packages to lure semiconductor companies like AMD to build chip fabrication plants will be more than worth it if the plants are built in New York state, according to a report released Tuesday by independent research firm Semico Research Corp.

Semico gave a presentation to business and economic development leaders Tuesday at the Desmond Hotel in Albany. The Phoenix, Ariz.-based firm was hired by National Grid, the Center for Economic Growth in Albany and the economic development agency of Oneida and Herkimer counties — Mohawk Valley EDGE.

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