<> AMD submits factory site plans | The Daily Gazette
 

Subscriber login

The locally owned voice of the capital region

AMD submits factory site plans

AMD submits factory site plans

Advanced Micro Devices on Monday submitted a site-plan application for its planned $4.6 billion comp

Advanced Micro Devices on Monday submitted a site-plan application for its planned $4.6 billion computer chip plant in the Luther Forest Technology Campus to town planning officials.

The submission will allow the town Planning Board to begin reviewing details of the 1.3 million-square-foot factory at a meeting on Feb. 10, town Planning Director Anthony Tozzi said.

The Planning Board will meet twice a month until the review is completed and the project approved, Tozzi said.

“Just looking through it very quickly, it looks like a very well-detailed application,” Tozzi said.

The site-plan approval is the final town regulatory review needed before construction can start. Necessary zoning approvals were granted last August.

The 8-inch-thick application includes construction details of a project that has been mostly conceptual since AMD and the state announced it in 2006.

Filing the application now is in keeping with a schedule that would have land-clearing start in March, with groundbreaking for the plant itself later in the year, said AMD spokesman Travis Bullard.

The Planning Board is expected to grant its approval in three phases for land clearing; temporary construction arrangements; and final building design.

The site-clearing plan will be presented at the Feb. 10 meeting, with the review probably continuing on Feb. 24.

“What we’ll do right now is jump into the soil disturbance issues,” Tozzi said.

According to information included in the application, the plant will total just over 1.3 million square feet. The buildings have been designed to “green building” standards set by the U.S. Green Building Council.

The chip fabrication plant alone will be 883,000 feet, with the remaining space devoted to offices, support facilities and utilities. The “clean room” where chip manufacturing occurs under highly controlled conditions would total 270,000 square feet.

The plant will make 300-mm wafers for conversion into tiny computer chips.

The new plant will be operated by an AMD spinoff company being temporarily called The Foundry Co., which will receive a $2.1 billion investment from the Advanced Technology Investment Co. of Abu Dhabi.

An AMD shareholder vote on the plan is also scheduled for Feb. 10 in Austin, Texas.

“We’re kind of moving on two parallel tracks. We’re getting everything with the project lined up, and at the same time getting the whole corporate structure lined up,” Bullard said.

Bullard said it will be the new company that will actually buy the 222.5 acres being purchased in Malta and Stillwater. That land purchase won’t close until after the new company is formed, but it will be before land-clearing starts, he said.

A separate site plan approval application will be filed later in Stillwater, Bullard said.

The Fab 4X plant — to later be given a number like “Fab 43” based on the number of years since AMD was founded in 1969 — is expected to employ about 1,465 people when it becomes fully operational, in around 2012.

Also Monday, KeyBank and the Luther Forest Technology Campus Economic Development Corp. announced they have closed on a $15 million line of credit, in addition to a $10 million credit line finalized last August.

The $25 million total line of credit, considered “bridge” financing until state grant money is received by the Luther Forest corporation, will be used for site planning and preparation, including further development of the sewer, water, natural gas and electrical infrastructure to support the entire campus.

View Comments
Hide Comments
0 premium 1 premium 2 premium 3 premium 4 premium article articles remaining SUBSCRIBE TODAY

You have reached your monthly premium content limit.

Continue to enjoy Daily Gazette premium content by becoming a subscriber.
Already a subscriber? Log In