In 2013 we were told that a consortium of 6 companies would spend $1.5 Billion on chip R&D at the Utica SUNY campus in a new facility then under construction (Quad-C).
In 2014 rumors that a key player in the 6 member consortium at Quad-C had backed out were quickly pooh-poohed by our local media.
In 2015 when we got the news that the Marcy chip-fab site had finally landed AMS as a tenant, we were also told that GE would now be the "anchor tenant" at Quad-C. There was no mention -- much less an inquiry -- in the local media of what happened to the 6 member consortium.
We have waited seven years and, yes, a gleaming new building was constructed ... but that building is still unoccupied.
In 2016? The word out of Albany today is not good. Headline on the Albany Business Review website this afternoon: Work stopped at SUNY Poly, GE project.
The construction company building a manufacturing pilot facility at SUNY Polytechnic Institute's Albany campus has halted work after not being paid by the state since January...Soooo ... if the Albany facility that will make the chips intended to be used in Utica at Quad-C is on hold, what does that mean for Quad-C?
Pike is building a $25 million pilot manufacturing line for new technology from General Electric (NYSE: GE) to make silicon carbide wafers. Tehan said the company started work in the fall and was paid for four months of work, until January...
The manufacturing pilot in Albany is part of the New York Power Electronics Manufacturing Consortium, a $500 million public-private partnership. GE anchors the group...
The second phase of the partnership between GE and SUNY Poly is a packaging center in Utica. Chips made at the Albany manufacturing site would then be placed into modules and power blocks for use in electronics there.
Seven years and an empty building: Is there a word that combines the meanings of "slow-motion train-wreck" with "white elephant?"