Business Facilities
By BF Editors:
The Empire State is capitalizing on the opportunity to foster the semiconductor industry in the United States with Governor Kathy Hochul signing Green CHIPS legislation (S.9467/A.10507) in August. The legislation is aimed at bolstering economic growth and maintaining environmental protections while making New York a hub for semiconductor manufacturing. Green CHIPS focuses on generating at least $3 billion investment, creating 500 new jobs per project, and lowering greenhouse gas emissions related to chip production, according to the state.
Education, Quality Of Life Are Top Priorities
In Dutchess County, New York, along the Hudson River, two new mixed-use developments totaling $1.1 billion are in progress to revitalize the region.