GE Global Research and SUNY Polytechnic institute team up to create 1,470 jobs in Utica

UTICA, N.Y. — GE Global Research and SUNY Polytechnic Institute has announced a joint venture to develop a power electronics facility in Utica, creating 1,470 jobs, of which 470 will be for GE.

First announced at the Global Research center in Niskayuna last summer, the General Electric power electronics manufacturing facility will produce about 30,000 chips a year, which is approximately 10 percent of the market, generating about $150 million in revenue per year. An alternative to silicon chips, the technology will be more durable, lighter and more efficient.

Based in Albany, SUNY Poly has campuses across the state, including in Utica, where Quad-C, a $125 million expansion, is scheduled to open by year’s end.

Source: Albany Business Review

 

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Noah Milligan

Noah Milligan works as a banker by day, specializing in financing commercial real estate and loan workouts on a national platform. By night, he has delusions of becoming the next Cormac McCarthy. His short fiction has appeared or is forthcoming in Empty Sink Publishing, Ridi...