Governor Hochul Celebrates the Groundbreaking of GlobalFoundries’ New $10 Billion Semiconductor Manufacturing Facility in Saratoga County

Senator Charles Schumer said, "What is the only thing better than one economy-changing, job-creating chip fab? Two chip fabs! Powered by billions in federal investment, shovels are hitting the ground for GlobalFoundries' second, state-of-the-art chip fab in Malta! Today is a historic day for Saratoga County and Upstate New York as we usher in the next chapter of the country's hi-tech manufacturing future. When I visited Malta to push for my groundbreaking CHIPS & Science Law, GlobalFoundries said that if Congress created federal incentives for semiconductor manufacturing, GlobalFoundries would build a second fab. We both took our promises seriously, and now here we are, bringing thousands of good-paying manufacturing and union construction jobs to the Capital Region. I'm proud to have delivered billions in federal CHIPS funding to GlobalFoundries to make this day possible and to bring this second fab and thousands of good jobs to life. America's next era of chip manufacturing is underway here in Upstate, and I can confidently say New York's best days are ahead."

Senator Kirsten Gillibrand said, "Through hard work and critical investments, we have made New York's Capital Region a global leader in semiconductor manufacturing. GlobalFoundries' new facility in Malta will create thousands of good-paying construction and manufacturing jobs and strengthen the Upstate economy for years to come. This expansion will ensure New York stays at the center of America's domestic chip manufacturing boom and that we have trusted and assured supply chains built right here at home."

Representative Paul Tonko said, "I've long believed in our Capital Region's potential to be a pioneer in chips development and manufacturing powerhouse, and have worked hard to drive investments that unlock that full potential. Today's groundbreaking opens an extraordinary new chapter and further secures New York as the leader in this industry. I applaud this partnership that will create thousands of good-paying, union jobs, expand trusted domestic manufacturing capacity, and strengthen the supply chains our economy and national security depend on."

Assemblymember Carrie Woerner said, "GlobalFoundries is an economic engine in Saratoga County and the Capitol Region, creating thousands of good-paying jobs. I am excited to see the long-anticipated expansion of Fab 8.2 begin. With thanks to Governor Hochul for her leadership in advancing the growth of the advanced manufacturing semiconductor industry, this expansion firmly cements New York's leadership in this important industry."

Town of Malta Supervisor Cynthia Young said, "GlobalFoundries has a strong history of partnership with our community, and we are proud of what that has accomplished. This project represents a tremendous vote of continued confidence in our area, a recognition of what we have to offer, and what we are capable of achieving. We are ready. Thank you to Governor Hochul and all who are making this a reality. We look forward to continuing to build on our relationships and to the opportunities this next chapter will bring for the Town of Malta and Saratoga County."