In the five years since GlobalFoundries broke ground in Malta, Saratoga County, New York for their Fab 8, they have exceeded their promise of job creation in the community. Instead of its initial projection of 1,200 new jobs, the company is responsible for approximately 2,400, including construction of the Technology Development Center on its existing 223 acre campus. The direct jobs have a trickle down effect resulting in 3,000 indirect jobs according to a study by Dr. Everett Ehrlich, business economist. GlobalFoundries also made a capital investment of $6.9 billion, plus the building of the new Technology Development Center which increases that number by $2.1
