The long-time IBM microelectronics plant in Essex Junction officially belongs to GlobalFoundries.
The acquisition, which also includes the IBM E. Fishkill, NY facility, was finalized following federal government approval.
Wednesday afternoon in Essex Junction, former IBM employees donned orange GlobalFoundries tee shirts and gathered under a tent to listen to music as their new employer welcomed them.
Overnight, GlobalFoundries’ bright colors replaced the more sedate blue of IBM on the Essex Junction campus. Banners declared, “Orange is the new blue.”