Share “Reports: NY in hunt for big computer plant...”

Reports: NY in hunt for big computer plant upstate

Published on NewsOK Modified: May 1, 2013 at 6:09 pm •  Published: May 1, 2013
Advertisement

"We're competing with the state of New York," said Tim McCabe, director of Oregon's state economic development agency. "They're going to put tens of millions ... on the table. What we'll put out there will be dwarfed by what New York's able to do."

In reality, New York has provided incentive packages worth hundreds of millions of dollars spread over several years.

The Oregon newspaper reported that Project Azalea includes Taiwan Semiconductor Manufacturing Co.

The Business Review of Albany has written about Project Azalea for months. It stated Azalea would be larger than the $4.6 billion Global Foundries computer chip plant in Saratoga County. Global Foundries employs 2,000 people and is growing.

Spokesmen for Cuomo and the state economic development agency declined to comment.