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December 31st, 2010

'Truly a gem' of a place

Abstract:
Newly elected Congressman Chris Gibson got his first close look at the Albany Nanotech complex Thursday, and came away suitably impressed.

But then, the futuristic complex populated with giant robotic machines costing in the tens of millions of dollars and bunnysuit-clad workers can seem almost like science fiction.

What officials at the complex, part of the University at Albany, emphasized was the uniqueness of what is being accomplished at the corner of Fuller Road and Washington Avenue Extension, and the huge impact it is having on the state's economy.

The average nanotechnology worker earns $81,000 a year, and the Albany Nanotech complex represents a $6.5 billion investment. When expansion across Washington Avenue is complete by 2014, total investment will easily have topped $7 billion.

Source:
timesunion.com

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