New name, same firm
GlobalFoundries is company that plans to build Malta chip fab at cost of $4.2 billion

By LARRY RULISON, Business writer
First published in print: Wednesday, March 4, 2009

MALTA — Here is the new name of the company planning a $4.2 billion computer chip factory in Malta: GlobalFoundries.

The company, a joint venture between Advanced Micro Devices Inc. and an Abu Dhabi investment fund, is unveiling the name and brand image today as it officially opens for business. It's what is known as a foundry, and will make chips for AMD and other customers.


FULL STORY AT:
http://timesunion.com/AspStori...73&category=BUSINESS

Also the "Global Foundries" web site is at:
http://www.globalfoundries.com/

Ground breaking expected later this month employing 1500 construction workers. This will be good for the local businesses, especially restaurants. This is only the beginning. Hopefully, within the next two years things will be looking up for the area. It's good to hear some good news for a change. The financial news has been nothing but doom and gloom lately.

Amen JP. Second floor at Bentley's here we come!