Global Foundries is a major semiconductor manufacturer that has transformed the local economies where it operates through significant investments and job creation. Its chip fabrication plant in Malta, New York has brought over $2 billion to the state's economy and created thousands of new jobs, both directly at Global Foundries and indirectly through supporting industries. The document discusses how Global Foundries' investments create economic growth and require communities to invest in infrastructure, education, and other components to fully realize the benefits.

1. Global Foundries-
The Engine That Pulls the Train of Economic Growth

2. Megatrend
A fundamental shift in the competitive
landscape that creates inescapable game-
changing opportunities and profoundly
affects companies’ competitiveness and
even their own survival.
Megatrends require businesses to adapt
and innovate or they will be swept aside.

3. “The Malta chip fab plant is by far
the most significant high tech
investment made in this country in
decades” Rick Whitney

4. “Landing AMD holds the potential
for transforming the local
economy.” Charles Schumer (2006)

5. “Prepare for continued growth. I
don’t care what business you are
in, plan for growth. Because you
ain’t seen nothing yet.” Joe Bruno
(2007)

6. Austin, Texas Dresden, Germany

8. Between 1991 and 2001 in Austin
• 29% -Inflation adjusted per capita income increase
• 48%-Population increase (781,000 to 1,100,000)
• 100,000- employees employed in high tech

9. 7 Community Components Necessary
For Successful Economic Development
• Universities
• Large Tech Companies
• Small Tech Companies
• Federal, State, and Local Government and
• Support groups (chambers, the business
community)

10. Albany Nano Tech

11. “AMD is coming to New York
because we are making New York
State the home of high
technology.” Governor Pataki

12. • 2006- The economic
development deal of the year
(Business Facilities Magazine)

13. • 2006- The economic
development deal of the year
(Business Facilities Magazine)
• 2007- This would be the worlds
most advanced microprocessor
manufacturing plant.

14. • 2006- The economic
development deal of the year
(Business Facilities Magazine)
• 2007- This would be the worlds
most advanced microprocessor
manufacturing plant.
• July, 2009 - Ground breaking

16. • 5514 new jobs
• $532 Million-direct tax increase
• $2.83 Billion addition to economy

17. Infrastructure-Service Providers
• Healthcare providers
• Banks
• Retail stores
• Doctors
• Lawyers
• Teachers
• Accountants

18. Infrastructure
• Highways
• Utilities (water, sewer, electric, gas,
telecom)
• Public services (police, fire with hazmat
capabilities, etc)
• Cultural and recreational amenities
• Schools, Universities, and R & D Centers

19. Support Jobs
• Fab garment cleaning
• Computer sales and maintenance
• Warehousing
• Delivery services
• Chemical disposal

20. Support Jobs
• Satellite equipment
• High tech specialty products
• Maintenance
• Training
• Private security
• Equipment and materials suppliers

21. “Prepare for continued growth. I
don’t care what business you are
in, plan for growth. Because you
ain’t seen nothing yet.” Joe Bruno
(2007)

22. “Itdoesn’t get any better than this
if you are looking at growing an
economy.” Rick Whitney

23. YOUR NEW
NORMAL?

24. Create A 7 Day Goal!
What actions will you
commit to taking as a result
of this presentation today?

25. Howard Litwak, CBC
President and Certified Business Coach
Measurable Results LLC
518-664-5033
www.howardlitwak.com
howard@howardlitwak.com