MALTA -- President Barack Obama plans to visit the region Tuesday, his third local appearance since his election, to talk about the economy.

Several Washington sources have confirmed off the record that Obama will visit the GlobalFoundries computer chip manufacturing facility.

Dennis Brobston, president of the Saratoga Economic Development Corp., said that’s also what he was told Thursday.

It’s a fitting backdrop for any discussion about how things are being done right in places like Saratoga County, Brobston said.

“I know that GlobalFoundries has been working with the president’s people since they broke ground, talking about training and being an example of how to grow manufacturing jobs in the country,” he said. “And the president has been very focused on growing the exports of our country, and semiconductor, by dollar volume, is the largest export that we have.”

White House spokesman Brandon Lepow said the White House was still finalizing details of the president’s visit Thursday, with more details expected Friday.

Obama previously spoke about the value of community college education in 2009 at Hudson Valley Community College, and he toured General Electric’s turbine plant in Schenectady in 2011.

Calls to GlobalFoundries officials seeking comment were not immediately returned Thursday.

Brobston said there are no new developments at GlobalFoundries he’s aware of. The GlobalFoundries facility is located on the Luther Forest Technology Campus, which is run by the Luther Forest Technology Campus Economic Development Corp.

That organization was formed by the SEDC in 2004 to oversee marketing and development of Luther Forest.

Mike Relyea, president of the Luther Forest EDC, also said he’s not aware of any new developments coming from GlobalFoundries.

“We’ve been told no new announcements,” Relyea said, adding the GlobalFoundries success story is big enough on its own to warrant attention.

Brobston and Relyea said GlobalFoundries, which employs about 1,300 and is ramping up to full production by the end of this year, is just the epicenter of the region’s high-tech industry.

Another 18 companies have located in Saratoga County — bringing 600 to 700 additional jobs — to service GlobalFoundries, Brobston said.

Other high-tech industries, including solar energy technology manufacturers, are also a potential growth opportunity for the region, both Brobston and Relyea said Thursday.

The president’s visit will be the second bit of national publicity for GlobalFoundries in recent days. The business was featured Monday on ABC’s “World News with Diane Sawyer.”


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