New IBM Plant Will Mass Produce .1 Micron Chips
Ruger writes "AP News is carrying this story about IBM opening a new plant in upstate New York. What's most interesting about the story is that IBM will be producing .1 Micron Chips rather than the usual .25 or .18 produced by Intel and other chip makers, or .13 Micron chips they currently make for their PowerPC chips."
One company dominated towns are a horrible idea, always have been. IBM is a public company and if it benefits the stockholders to leave a town, they are legally obligated to do it.
If you don't have a diverse economy that can take an IBM or a GM leaving, you have to fight like hell in the good times to grow one because if you don't the towns will shrivel up and die when they inevitably leave.