Goodbye Austin, Hello Albany

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The Business Review reports that International Sematech will be moving their headquarters and more than 100 jobs to Albany in January.

International Sematech’s headquarters and all operations will move in January 2011 to the the University at Albany’s College of Nanoscale Science and Engineering.

Gov. David Paterson said International Sematech was “picking up [its] stakes and moving its operations in Texas” and relocating to New York.

International Sematech and private partners will invest a combined $80 million, officials said. In addition, $20 million in state money will be contributed through the state Assembly and Empire State Development Corp.

International Sematech used to be based in Austin, Texas. The consortium has had a presence on the Albany NanoTech campus since 2003.

Read more: Int’l Sematech moving operations, 100 jobs to Albany – The Business Review (Albany)

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