Gov. Cuomo announces deal to keep IBM jobs in NY - NEWS10 ABC: Albany, New York News, Weather, Sports

Gov. Cuomo announces deal to keep IBM jobs in NY

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ALBANY, N.Y. -- Governor Cuomo announced what his office calls a major deal with IBM that will keep more than 3,000 tech jobs in the Hudson Valley area.

"This agreement will keep thousands of high-tech jobs in New York and maintains IBM's strong commitment to stay and grow in our state," Governor Cuomo said. "IBM's presence is an important part of our ongoing advancement in nanotechnology and I applaud their decision preserve thousands of Hudson Valley jobs and expand the company's high-tech footprint here in New York."

The agreement announced today between the SUNY College Nanoscale Science and Engineering and IBM called on the company to maintain 2,350 jobs along with 750 jobs in its semiconductor plants and related fields in Dutchess County as well as Albany and Yorktown Heights.

The job commitments from IBM are part of a joint investment that the company and the state are making in nanotechnology throughout New York State. As part of the agreement, 500 new IBM IT jobs will also be created in Buffalo within the $55 million Buffalo IT Innovation and Commercialization Hub.

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