the engine that pulls the train of economic2
TRANSCRIPT
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Global Foundries-The Engine That Pulls the Train of Economic Growth
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MegatrendA 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.
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“The Malta chip fab plant is by far the most significant high tech
investment made in this country in decades” Rick Whitney
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“Landing AMD holds the potential for transforming the local
economy.” Charles Schumer (2006)
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“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)
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Austin, Texas Dresden, Germany
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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
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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)
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Albany Nano Tech
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“AMD is coming to New York because we are making New York
State the home of high technology.” Governor Pataki
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• 2006- The economic development deal of the year (Business Facilities Magazine)
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• 2006- The economic development deal of the year (Business Facilities Magazine)
• 2007- This would be the worlds most advanced microprocessor
manufacturing plant.
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• 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
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• 5514 new jobs• $532 Million-direct tax increase• $2.83 Billion addition to economy
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Infrastructure-Service Providers
• Healthcare providers• Banks• Retail stores• Doctors• Lawyers• Teachers• Accountants
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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
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Support Jobs
• Fab garment cleaning• Computer sales and maintenance• Warehousing• Delivery services• Chemical disposal
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Support Jobs
• Satellite equipment• High tech specialty products• Maintenance• Training• Private security• Equipment and materials suppliers
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“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)
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“It doesn’t get any better than this if you are looking at growing an
economy.” Rick Whitney
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YOUR NEW NORMAL?
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Create A 7 Day Goal!
What actions will you commit to taking as a result of this presentation today?
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Howard Litwak, CBCPresident and Certified Business Coach
Measurable Results LLC518-664-5033