Advertisement
 
Sunday, December 04, 2016
Amsterdam, NY ,

 

Advertisement

Reports: State in hunt for big computer plant

Thursday, May 02, 2013 - Updated: 3:31 PM

ALBANY (AP) -- Gov. Andrew Cuomo said Wednesday he may soon make a major economic announcement for upstate, as published reports said a computer plant codenamed Project Azalea was in negotiations to create 1,000 jobs.

"I don't know if it will come to fruition or not," Cuomo said Wednesday at a news conference. But "we may come up with a big economic development piece."

Cuomo, a Democrat, refused to say anything about the project at which he hinted. He said he has assigned top staffers to the issue he wouldn't detail. On the task are Secretary to the Governor Larry Schwartz, who is Cuomo's top representative, and Budget Director Robert Megna, who could create a tax incentive deal.

In February, The Oregonian newspaper quoted Oregon's economic development director as saying that state was competing with upstate New York and other states for Project Azalea.

The Oregonian said New York was offering "tens of millions" of dollars to win Project Azalea, a tax package Oregon probably couldn't match.

"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.

     

Comments made about this article - 0 Total

Comment on this article

Advertisement
Subscribe to The Recorder

 

The Recorder Sports Schedule

Most Popular

    Police Reports
    Tuesday, November 29, 2016

    'Beasts' star Redmayne discusses his role, career
    Thursday, December 01, 2016

    Thanksgiving weekend quiet for local police agencies
    Monday, November 28, 2016

    Robert N. Constantine
    Wednesday, November 30, 2016

    Alexandria "Alex" Carter
    Thursday, December 01, 2016

    David Edward Hughes
    Tuesday, November 29, 2016

    Joseph M. Lemanski
    Thursday, December 01, 2016

    End of an era: Final Light Up the Sky event begins Thursday
    Wednesday, November 30, 2016

    Fedullo, Pritchard lead AHS past Nisky, 53-34
    Thursday, December 01, 2016

    Amsterdam girls win indoor meet at Union College
    Monday, November 28, 2016

Advertisement

Copyright © McClary Media, Inc.

Privacy Policies: The Recorder

Contact Us

Twitter

Instagram

Facebook