IBM Expands Manufacturing and Research Facilities

EAST FISHKILL, N.Y. -
IBM is planning a $1.5 billion expansion of its research and manufacturing operations in New York State. IBM will invest $400 million at the University at Albany’s College of Nanoscale Science and Engineering as well as initiating an extensive expansion of its East Fishkill chip manufacturing and research facility. Additionally, a packaging plant will be constructed in upstate New York. Completion of IBM’s statewide expansion is expected by 2011.