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National Grid

Annual Report and Accounts 2006/07

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How we do business

As part of our economic development work in the US, we have been collaborating with state and local government to promote and advance the site preparation of Luther Forest Technology Park, a 1,350 acre development site in upstate New York. These efforts saw a major success this year with AMD, a global provider of microprocessor and graphics solutions, announcing that it plans to build a new $3.2 billion (£1.6 billion) semiconductor fabrication plant in Luther Forest. This is expected to generate 1,200 direct jobs in the local economy with the potential for up to 4,000 jobs to be created in related companies, providing economic growth and development of the electricity infrastructure in the area.

Workmen at the Ward Hill substation in the US