Gov.: GlobalFoundry

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billion computer chip plant in Gov. David Paterson said today. The deal was reacher between theand U.S. the firm working on the GlobalFoundry’s Fab 2 Paterson said the “labor peace will be signed this week. Paterson said he intervener inthe process, which led to the two parties negotiating for the past severap weeks to work out the details of the construction agreement. Under the agreement, local building trades have pledge not to strike or engag in other actions that wouldimpede “The collaboration of GlobalFoundries with the local buildiny trades is a model of the private sectot and organized labor working Paterson said.
It will take about two years and 1,500 workersw to build the 1.2 million-square-foot plant. When the plant is there will be 1,400 GlobalFoundry’s workere making an average salaryof $60,009 a year. The plant’s annual payroll will be more than $88 “This Project Labor Agreement is truly an accomplishmenty for the people of the Capitakl Region and theentirwe state,” said Robert president of the Greater Capital District Buildingv and Construction Trades Council AFL-CIO. Ed Malloy, presidengt of the , said the labor agreementt means the chipplantt “will be constructed in the best interest of the New York statwe taxpayers.
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