Vermont Governor Peter Shumlin was surrounded by Vermont business and political leaders at the Lake Champlain Regional Chamber of Commerce headquarters to discuss the announcement by IBM early today that it will sell its semiconductor chip manufacturing business — including its plant in Essex Junction, Vermont and another in the Hudson Valley — to Global Foundries.
tw telecom is one of the top three Business Ethernet providers in the U.S. and have a heavy presence in our region. They manage the high-speed fiber optic network that is contributing to the growth in semiconductor manufacturing we are seeing at the Luther Forest Technology Campus in Malta.
President Barack Obama is slated to visit Saratoga County next week to speak on jobs and emerging technology.
The president will visit the Global Foundries chip plant in Malta, his third visit to the Capital Region since taking office. He is expected to draw attention to ways in which the government and private companies can work together to spur new high-tech industries.
President Obama has previously visited General Electric in Schenectady and Hudson Valley Community College in Troy.