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Message: GlobalFoundries job fair set for Burlington

GlobalFoundries job fair set for Burlington

Posted: Aug 05, 2014 5:25 AMUpdated: Aug 05, 2014 3:37 PM
By Shelby Cashman
BURLINGTON, Vt. -GlobalFoundries is making a move for Vermont, but it’s not to buy Big Blue.

National media had reported a deal was in the works for the New York-based company to buy IBM's semiconductor plant in Essex Junction, but national business experts say the deal is off. Instead, GlobalFoundries is setting up shop in Burlington Tuesday for a job fair.

Travis Bullard of GlobalFoundries says, "In order to support our expanding business, we're recruiting across the country, and specifically targeting areas of the country and markets with experienced semiconductor industry professionals."

Bullard also says the Green Mountain State fits the bill. "We're not targeting any one specific company, but we are looking at recruiting in areas of the country that have had semiconductor industry for a while, and have a market of professionals that would be interested in continuing to work in this industry."

GlobalFoundries says hundreds of technical and engineering jobs are up for grabs. It says the majority of the open positions are at the company's newest and most advanced plant in Malta, New York, known as Fab 8, jobs similar to what IBM Vermont employees do here.

"We have a very broad relationship with IBM, but generally speaking amongst all semiconductor companies there is a global competition for talent, that's for sure," Bullard says.

Frank Cioffi is president of the Greater Burlington Industrial Corporation, which helped bring IBM to Vermont back in the 1950s. Cioffi says he isn't surprised GlobalFoundries may be coming after Big Blue employees.

"The capabilities of the employees that work here at IBM, they are the best of the best in the world at manufacturing, they always have been," says Cioffi.

Cioffi also says IBM Vermont is still a key player in the microchip game. But if any of the 4,000 workers do jump ship, it's too soon to know the impact it could have on Vermont.

"That’s a viable business, it's doing really well. It's been pretty much a profit center for IBM even though the division has lost money, we think that the Vermont side of the division has made IBM Corporation a lot of money," says Cioffi.

GlobalFoundries and IBM are not commenting on the status of a potential deal.

The job fair begins Tuesday at 5:30 p.m. at the Sheraton in Burlington.

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