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ReneCardenas
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re: Intel, IBM to lead $4.4B chip R&D hub in NY
ReneCardenas   9/30/2011 6:43:51 PM
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Give the name of any corporate citizen that is free of wrong doing, and let that corporation throw the first stone. I read these concerns, but if one is to object about IBM, we would have to object of all.

Bob Lacovara
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re: Intel, IBM to lead $4.4B chip R&D hub in NY
Bob Lacovara   9/29/2011 12:41:19 PM
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Well, honesty requires that I admit that northern VA is rather overcrowded, but yes, the Blue Ridge is magnificent. You also hit on one of Tx's Achilles' heels: its weather. I lived near Houston 14 years, and the weather was, um, rough. There are other reasons, though that I like both Va and Tx, but they are related to gun ownership policies and other matters that aren't germane here. Overall, though, this development in NY is a net asset to the state, and by "the state" I mean the people of the state. There will be decent jobs, and the support businesses that go with the decent jobs. That some wheeling-dealing went on is certain, but at least NY didn't sink $500M into smoke and solar mirrors: IBM and Intel are hardly fly-by-night.

KB3001
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CEO
re: Intel, IBM to lead $4.4B chip R&D hub in NY
KB3001   9/29/2011 12:24:04 PM
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A free and regular shuttle service to NYC would do it!

KB3001
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CEO
re: Intel, IBM to lead $4.4B chip R&D hub in NY
KB3001   9/29/2011 12:21:04 PM
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Either way, it's great news for the region.

pinhead1
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re: Intel, IBM to lead $4.4B chip R&D hub in NY
pinhead1   9/28/2011 9:05:19 PM
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You're right - what I've seen of Virginia has been really nice - I used to go cycling on the blue ridge somewhat regularly when I was a grad student. I'd stand by my assessment of Texas, though ;-) A good business and fiscal climate doesn't compensate for the real, uh, climate - at least in my mind. By the way, NY has actually attracted at least one business OUT of TX - Sematech relocated to Albany a year or so ago.

Bob Lacovara
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re: Intel, IBM to lead $4.4B chip R&D hub in NY
Bob Lacovara   9/28/2011 7:33:55 PM
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ihaller, no, not really. It would strike me as more than strange if a company trotted out the political leanings of the people who ran the place, at least in an engineering firm, when interviewing or hiring. My response to this thread was simply that I didn't think NY was any company's first choice of a home for a large investment, unless, like IBM, they already had a very large investment in place. I then listed the first criteria that came to mind, which included that the state be right-to-work, which strikes me as close to a basic right for the worker, as well as eliminating union issues for the company. (Look at what Boeing is going through with an expansion plant in South Carolina.) Three other posters list objections to NY: resistion mentions a lack of "cultural diversity", a chimera to my mind; MLinder mentions taxes, a real enough factor; and pinhead makes a sweeping generalization about right-to-work states that seems hardly fair. For that matter, NY may have tough winters, but the state has some beautiful landscape as well. In the end, though, no single factor will guide someone to move to a new job. The person will weigh up the pros and cons against their particular priority list, and made a decision. I suspect that scenery (or right-to-work, for that matter) are anyone's highest priority.

ihaller
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re: Intel, IBM to lead $4.4B chip R&D hub in NY
ihaller   9/28/2011 7:06:25 PM
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Bob: You'll be surprised how many inventive engineers (and scientists, machinists, etc) would reject a job offer if it was tied to ideology. I, for one worked for IBM (1961 - 1993 and happily after elsewhere to age 73), and never missed the absence of unions, but together with the vast majority of my colleages greatly appreciated that management did not try spoonfeeding of anti-union propaganda. So let's just wish Intel, IBM, Samsung and other members of the consortium success with their new facility.

gutieaphd
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re: Intel, IBM to lead $4.4B chip R&D hub in NY
gutieaphd   9/28/2011 5:55:45 PM
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Actually the $4.4 billion, includes an upgrade that IBM would have had to do anyway to remain competitive at 22 nm. The newly committed resources from all parties, I speculate, is on the order or $400M in subsidies and $400M in investment from the parties of the Global 450mm Alliance. NY has succeeded because has committed massive subsidies for Buildings, Tools and assistance to corporations. The grand total for subsidies now approaches or exceeds $4.5 billion in 10 years in three fronts: IBM (~$1.5 billion), Globalfoundries (~1.5 billion) and SUNY CNSE (~$1.5). Development costs have been matched at 50% through SUNY CNSE; the CNSE facility, before the new funding (~$1 billion) had deployed until 2011 about $7.5 billion in 10 years. It has been a very determined effort to save/create jobs, regain relevance, save IBM Semis and use the university to funnel funds to an industrial development consortium. It has worked, except for the fact that without periodic injections of job saving and job creating subsidies every 2 years; it could not fly on its own. Now that Intel seems to be on-board for 450 mm, and with TSMC and Samsung joining; there is the hope that someday this industry will be self-sustaining again in NYS. The evolution of the process is a really interesting story of political games, strategic decision, intrapreneurship, university role redefinition and unwavering commitment of public funds. The process of NY semiconductor re-industralization seems to be working and to be beyond minimum sustaining critical mass.

mcgrathdylan
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Blogger
re: Intel, IBM to lead $4.4B chip R&D hub in NY
mcgrathdylan   9/28/2011 5:55:23 PM
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Thanks for your comment Loren. I'm sure you are right.

Bob Lacovara
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Rookie
re: Intel, IBM to lead $4.4B chip R&D hub in NY
Bob Lacovara   9/28/2011 5:34:42 PM
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I'll take your word on it that NY is business-friendly: I don't have any information one way or the other. Being IBM in NY doesn't hurt any, and indeed they have impressive facilities there. Another good point you make is that the fab workers are not bolt-twisters. But as far as right-to-work states go, that would include both Texas and Virginia. Neither are dumps by any means: quite the contrary. Both have state surpluses, and Texas doesn't have a state income tax. If you haven't seen the Blue Ridge Mountains, you have missed something, but that can be easily remedied. And last I checked, Virginia has a coast. (Who is "us", anyway?) As an aside, a car ride down the Skyline Drive, followed by the Blue Ridge Parkway will reward you with vistas of heart-rending beauty.

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