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About: Innovation and business in Upstate New York     Goto   Sponge   NotDistinct   Permalink

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Upstate New York has been the setting for inventions and businesses of international significance. The abundance of water power and the advent of canal and rail transportation provided nineteenth century Upstate New York entrepreneurs with the means to power factories and send their products to market. In the twentieth century, hydroelectric power and the New York State Thruway served the same roles. In April 2021, GlobalFoundries, a company specializing in the semiconductor industry, moved its headquarters from Silicon Valley, California to its most advanced semiconductor-chip manufacturing facility in Saratoga County, New York near a section of the Adirondack Northway, in Malta, New York.