AGP Executive Report
Last update: 3 hours agoSemiconductor Expansion: GlobalFoundries will operate two planned chip factories at its Malta, New York, site, backed by up to $21 billion in Japanese investment. The first is expected to open in 2029, adding manufacturing capacity near Vermont. Vermont Tech Deal: South Burlington’s OnLogic is set to be acquired by Japan’s OMRON for $675 million. It will keep its name, headquarters and leadership; the companies say combining industrial computers with automation systems could help factories use AI and analyze data on-site. Engineering Education: The Greenway Institute plans to open in Montpelier in fall 2027 with a lower-cost, hands-on engineering program. Its founders say National Science Foundation grants will help support the new model. Tech Workforce: Vermont Tech Jam returns to Hula on Oct. 24. Last year, about 1,200 job seekers, students and professionals met with employers seeking tech and other skilled talent.
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