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High-Tech Companies to Invest $4 Billion in New York State, Cuomo Says

I.B.M., Intel and three other technology companies agreed Tuesday to pour $4 billion into computer-chip research in New York, promising to hire thousands of workers and giving a major boost to Gov. Andrew M. Cuomo as he campaigns for companies to invest in the state and create jobs

September 27, 2011

Mr. Cuomo, sounding downright giddy as he kicked off an economic development conference here, heralded the investment as a “really, really big deal” that proved that New York, especially upstate, could lure new investment from major corporations flush with potential suitors. 

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Last Updated: 01/17/2014