GlobalFoundries Malta expansion to bring 1,000+ new chip jobs

GlobalFoundries is expanding with two new buildings in Malta.

The Details

MALTA, N.Y. (WNYT)- GlobalFoundries broke ground on a major Malta expansion tied to a $21 billion semiconductor project with Japan.

The company broke ground today at its Malta campus as part of a $21 billion project in partnership with Japan. The expansion is projected to create more than 1,000 new jobs along with thousands of construction jobs.

The chips made in Malta are expected to strengthen the domestic supply chain and help ensure chips powering the American economy are made in New York. The projects come with high expectations for the area economy.

“Yes, you could be somewhere else, but you would not have the work ethic that we have here in upstate New York. I think that is second to none,” Gov. Kathy Hochul said.

“Because it is a long industrial legacy if you were going to one job in your twenties and stay until they retire. That is something we can offer businesses, that sense of loyalty to companies who also take care of their employees and you see that here,” Hochul said.

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