GlobalFoundries Comes Calling At The Statehouse

Apr 7, 2016

Representatives of GlobalFoundries, the chipmaker that purchased the IBM plant in Essex Junction, visited the Statehouse Thursday.

Mike Russo, the company’s director of government relations and regulatory affairs, told lawmakers GlobalFoundries sees itself as a participant in the state’s economic growth, and not operating in a vacuum. 

“When it comes to specific legislative matters, you’re going to find that its probably a little bit different from IBM,” said Russo.

“We don’t lead with our chin. We see ourselves part of a bigger ecosystem. We want to do what’s right for Vermont. Generally speaking if you have good communication, the ecosystem will make a decision that’s aligned with what you need because you’re part of the ecosystem.”

Russo says GlobalFoundries is involved in a variety of initiatives nationally, including workforce development and efforts to increase the number of women in manufacturing.

He said the company is willing to work on those issues in Vermont.