Other Articles in this Category
Most Viewed Stories
Most Commented Stories
Most Recommended Stories
Save & Share this Article
IBM to Invest $1.5 Billion in New York
Comments 0 | Recommend 0ALBANY, N.Y. (AP) -- New York Gov. David Paterson says IBM Corp. is investing $1.5 billion to promote nanotechnology research and to create and retain jobs in the state.
New York is giving IBM $140 million in economic development grants to support creation of as many as 1,000 new high-tech jobs upstate.
The money will be used to expand IBM's operations at the College of Nanoscale Science and Engineering at the University at Albany.
It will also help create a new research and development center and upgrade IBM's East Fishkill facility in Dutchess County.
See archived 'Local News' stories »
We want our site to be a place where people discuss and debate ideas that foster stronger communities. We built this for you. Please take care of it. Tolerate broad thinking, but take action against obscene or hateful material. Make it a credible and safe place worth preserving and sharing.
