One of the world’s biggest computer companies plans to open a facility in Upstate New York, which will create 500 jobs, according to a published report.
IBM and state officials disclosed the plans for the Buffalo suburbs late last month, WGRZ reports. The company agreed to invest $55 million to open the nanotechnology facility and said it plans to continue building its staff in the region.
“The news today is good. It’s good for those who will not lose their jobs,” Dutchess County Executive Marcus Molinaro said late last month, according to the news source. “It is good for those who may be reemployed by IBM, and it’s good for Dutchess County – in the context of stabilizing job losses and focusing on recovery.”
More than 7,000 employees of IBM reside in Dutchess County and IBM has a long history in the state. For that reason, the company also has deep financial interests in New York.
Niagara Frontier Publications reports the 500 jobs the new facility will need primarily are information technology opportunities, which is part of the “Buffalo Billion” investment program.