Flextronics Investor & Analyst Day 2013 - Mike McNamara (CEO)
The Future of Tech Valley Mike Tucker CEO of Center for Economic Growth
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Transcript of The Future of Tech Valley Mike Tucker CEO of Center for Economic Growth
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THE FUTURE OF TECH VALLEY
F. Michael Tucker
Center for Economic Growth
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Prepare: Assist communities in achieving their desired economic growth
Attract: Create opportunities for technology investment and expansion in Tech Valley
Grow: Assist area companies with business development strategies for accelerated growth
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Six Industry Sectors of Focus
Advanced MaterialsPlastics, Composites and Ceramics
BiotechnologyLife Sciences, Drug Delivery and Tissue Engineering
Clean Tech and Renewable EnergySolar, Wind, Fuel Cells, Smart Grid
Homeland Security / DefenseCommercialization of Security Technology and Products
Information Technology
Software and Telecommunications
NanotechnologySemiconductors and Nanoelectronics
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1995: Responded to Samsung RFP for Chip Plant
1997: CEG/RPI Study identifies 5 emerging industry sectors
1998: CEG with National Grid, spearheads initiative to market region
1999: 18 county region of NY bands together as “Tech Valley”
2001: U Albany announces Center of Excellence in Nanoelectronics; STEP Park established
2002: “NY Loves Nanotech” becomes marketing umbrella, begin sponsoring SIA Dinner
2003: Begin regional & statewide education programs
2004: First Nanotechnology college in the world (CNSE) opens at U Albany
2007: RPI Computational Center for Nanotechnology Opens
2008: SEMICO Impact Study
2006: AMD announces plans to locate fab in NY; CEG diversifies marketing outreach
20092005: Albany Nanotech… Over $5B invested
GLOBALFOUNDRIES Breaks Ground
Where we were, a look-back: 1995 - 2009
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Significant growth in High-Tech Industries• GLOBALFOUNDRIES; GE’s Battery, Renewable Energy & Imaging• IBM’s investments at College of Nanoscale Science & Engineering• Growth within regional advanced manufacturing industry
Opportunity: Career Jobs for Students & Keep Students Local• How: advocate education & career paths before college
and career decisions are made
Opportunity breeds Opportunity
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IBMInvests or announced plans to invest over $2 billion in regional
initiatives (Nanotech Packaging Center, Nanotech /Semiconductor
programs at CNSE, RPI Supercomputer)
GE$165 million Digital Mammography/Imaging Center
$150 million Wind Institute and Turbine Service Center
$100 million Advanced Battery Manufacturing Center
$330 million investments to expand Global Research HQ
M + W USAAnnounced in August it is moving it’s headquarters to the
Watervliet Arsenal, creating 270 jobs
International SematechPlans to move its headquarters to the College of Nanoscale
Science and Engineering, creating 100 new high-tech jobs and investing
$80 million in the region
Angio DynamicsBuilt it’s new headquarters to Latham, NY in May, bringing 70 jobs
Regional Developments
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GLOBALFOUNDRIES: Fab 8 ConsturctionMalta, NY
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The world’s most advanced foundry• Luther Forest Technology Campus• $4.2+ billion investment• Expected to come online in 2012• Over 1,400 direct jobs• More than 5,000 spinoff jobs• Designed for 28/22nm process tech• 35,000 WSM once fully ramped• Leverages strong regional US talent and
shared experiences from Dresden• Integrated global network of fabs
Fab 8:
300mm Manufacturing
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GLOBALFOUNDRIES: Fab 8 PlanMalta, NY
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GLOBALFOUNDRIES: Fab 8Malta, NY
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GLOBALFOUNDRIES: Fab 8Malta, NY
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GLOBALFOUNDRIES: Fab 8Malta, NY
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GLOBALFOUNDRIES: Fab 8Malta, NY
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What will Tech Valley look like in 10-15 years??
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Dresden, Germany: Industry Growth
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Dresden, Germany Fab1:Human Resources
Derivative employment 44,000 Direct Employees 2,600Average Age 38
Source: GlobalFoundries Dresden, Germany, Data as of Q1 2009
Dresden, Germany: Industry Clustering
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• Organizational agility• Streamlined decision-making• Harnessing innovation• Unlocking customer potential
Key Attributes
Global mindset Interdisciplinary Tech + business
acumen Agile & creative Customer-centric Spirit for competition Driven by results Process-oriented Entrepreneurial
A Knowledge Driven Workforce
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Jobs & Educational Backgrounds in Demand
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35% Fab Operators- Role: Fab Operations- Degrees: Associates, Electrical, Instrumentation, Semiconductor Programs
25% Technicians- Roles: Fab Operations Engineering, Manufacturing Support, Site Services- Degrees: Associates, Electrical, Instrumentation, Semiconductor Programs
30% Engineering- Roles: Fab Operations Engineering, Manufacturing Support, Site Services- Degrees: EE, Materials Science, Chemistry, Physics, Math
5% Management- Roles: Manufacturing Support, Site Services, Fab Ops- Degree: Largely Engineering & Technical
5% Administrative- Roles: HR, Finance, Legal, PR, Marketing- Degrees: BA, MA, MBA, PhD
Typical Fab Workforce Breakdown
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GLOBALFOUNDRIES Fab 8: Hiring Timeline
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Other Opportunities:
Supply Chain and other Support jobs
• Fab garment cleaning• Computer sales maintenance• Warehousing• Delivery service• Chemical disposal• Satellite equipment offices• Specialty products• Maintenance• Training• Private security
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Workers will need higher level skills than in the past:• Critical thinkers• Analytical skills• Problem solving skills• Diversity in thought and with respect to others• Trade specific training a plus
Need for 2 year degrees will outpace 4 year degrees• STEM focus, beginning in grade/middle school
Government needs to align with future needs
Businesses, Government and Education leaders need to work together
What can we do?
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MBA Hiring return to Pre-Recession Levels
Hiring for Financial MBAs increased 22% in 2010 and is expected to increase another 10% in 2011
Hiring of Consulting MBAs increased 19% in 2010 and is expected to increase another 37% in 2011
Reports Bloomberg BusinessWeek
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CONTACT Information
• Don Purdy, Program Director
• E-mail: [email protected]
• P: 518.442.4964 | F: 518.442.4975
• Twitter: @UAlbanyMBA
• LinkedIn: www.linkedin.com/profile/edit?trk=hb_tab_pro_top
March 21, 2011 / Albany.edu/business/weekendMBA_index.shtml
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MARK Your Calendars!
• Monday, April 4, 12:15 p.m.
• Business Leadership
• Dr. Edward J. Pavur, Jr.• Management consultant,
Weekend MBA Program instructor
March 21, 2011 / Albany.edu/business/weekendMBA_index.shtml
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Your Thoughts
&
Questions?
The Center for Economic Growth
F. Michael TuckerPresident & CEO