Tag:

Semiconductor industry

Biden's Visit Expected To Cause Hours-Long Traffic Delays In Parts Of Hudson Valley Biden's Visit Expected To Cause Hours-Long Traffic Delays In Parts Of Hudson Valley
Biden's Visit Expected To Cause Hours-Long Traffic Delays In Parts Of Hudson Valley A visit by President Joe Biden to the Hudson Valley is expected to create hours-long road closures and cause heavy traffic delays. The president will travel to Dutchess County to speak at IBM’s campus off Route 9 in Poughkeepsie at around 2 p.m. Thursday, Oct. 6. Biden is due to depart the White House around 10 a.m. Thursday and then arrive at Newburgh's Stewart Air National Guard Base in Orange County. During the IBM visit, the president is expected to speak on creating jobs in the Hudson Valley and ensuring the future is "made in America." "Route 9, between Marist College and I…
Manufacturer Acquires Facility In Hudson Valley, Will Invest $720M Manufacturer Acquires Facility In Hudson Valley, Will Invest $720M
Manufacturer Acquires Facility In Hudson Valley, Will Invest $720M A Fortune 500 company has pledged more than $700 million to expand its manufacturing operations in the Hudson Valley. ON Semiconductor announced that it will expand operations in New York by purchasing and preserving the existing GLOBALFOUNDRIES Fab 10 manufacturing facility in East Fishkill. The company committed an investment of more than $720 million over 10 years to establish its first 300mm chip manufacturing plant. "This is an exciting announcement for Dutchess County, and we are grateful to Empire State Development for brokering the expansion of ON Semiconductor, US-based, publicly t…