We had a chance to talk to many Globalfoundries’ executives, including Norm Armour, Vice President of Fab 8, who told us that the construction of Glofo’s Malta fab was finished two months ahead of schedule and that they have already got some equipment in.

The test production will start toward the end of the year and the production is scheduled for middle of 2012. The interesting part is that GloFo has already hired some 500 people and they plan to hire additional 500 when they get closer to production.

We also got confirmation that the small business and service companies are opening in order to support this huge factory. A lot of employees and college graduates come from the region as IBM has been making chips for many years in Fishkill, New York.

Malta Fab in New York starts with 32nm and 28nm and it will move to 20nm by 2013 with full production by 2014.