2/9/2010 9:04:00 AM
The Business Review: M+W moving HQ from Dallas to Watervliet
The Business Review
M+W Americas Inc. will relocate its corporate headquarters to Watervliet from Dallas, a move that will double its existing local work force to at least 250 people in the next year to 18 months.
M+W is building the $4.2 billion chip fab in Malta, Saratoga County, for GlobalFoundries. M+W Americas is a subsidiary of M+W Group based in Germany. M+W is one of the world's largest builders of chip plants.
Rick Whitney, president and CEO of M+W Americas Inc., said the company has been working toward the headquarters change for several years, mainly because of the new activity occurring in the Tech Valley area. Full Article