Malta Development Blog

The Capital Region of New York state is quickly becoming known as a leader in innovative and renewable technology. Many towns within the district's Albany, Schenectady, Rensselaer and Saratoga counties are helping to drive New York's thriving tech economy forward by attracting the attention of major international companies.  No town in the Capital Region exemplifies this changing dynamic more so than Malta, home to a major semiconductor plant owned by computer circuitry giant Global Foundries, Inc.

Headquartered in Abu Dhabi in the United Arab Emirates, Global Foundries, Inc. is the world's second largest independent semiconductor manufacturer. Malta's brand new, state-of-the-art foundry produces nanometer sized integrated circuitry used by tech giants Qualcomm and AMD. Global's formula for success is based on a collaborative approach to technology development that combines customer engagement and a global focus on innovation. Due to exponential growth in the nanotechnology industry, Global has just announced another $2 billion investment in Malta, providing semiconductor manufacturing jobs and research positions for a highly educated and motivated workforce.

In addition to providing jobs and local economic stability, Global's presence in the Capital Region has facilitated an array of training partnerships and educational opportunities within the Malta community. The Hudson Valley Community College has teamed up with the New York State Energy Research and Development Authority (NYSERDA) to form TEC-SMART (Training and Education Center for Semiconductor Manufacturing and Alternative and Renewable Technologies), a joint initiative providing technicians the opportunity to enhance their skills in semiconductor manufacturing, green technologies, and alternative fuels and wind energy.

Additionally, the Hudson Valley Community College has  teamed up with Ballston Spa's Central School District to form the Clean Technologies and Sustainable Industries Early College High School Initiative. The initiative aims to instruct high school students in emerging technology so as to provide real world knowledge for students interested in pursuing renewable technology related degrees in college.

Collaborative, community driven affiliations between worldwide industry leaders like Global Foundries and local educational establishments like Hudson Valley Community College make Malta an attractive destination for young professionals seeking a career in innovative technology.  And, families moving to Malta can be sure that their children will receive an outstanding education that will prepare them for an increasingly technologically advanced workplace.