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