Partnership Helps Organizations Address State’s Workforce Development Challenges, Sets Stage for Further Collaboration

GlobalFoundries (GF) and the University of Vermont today announced they have created a partnership program which offers Vermont-based GF employees the opportunity to further their education at UVM in undergraduate, graduate and graduate certificate programs at discounted tuition rates coupled with GF’s tuition reimbursement program. For UVM, partnering with one of the largest private manufacturing employers in the state enables the university to further its land grant mission of helping Vermont address its workforce development challenges. It also creates a new pipeline of students to the university and brings experienced professionals into UVM classrooms and labs, broadening and enriching the learning environment for current students.

“This education partnership with the University of Vermont is a great opportunity for our employees to further their education and grow their skill sets to enhance their careers, with discounted tuition rates and leveraging the GF tuition reimbursement program,” said Dr. Thomas Caulfield, CEO, GlobalFoundries. “Our employees will benefit greatly from this partnership built on the excellent academic programming that the University provides. It is also an affirmation of GF’s continued investment in our Burlington manufacturing facility, our world-class workforce and the state of Vermont.”

UVM alumni comprise a strong presence within GlobalFoundries. The company also has a strong recruiting presence on campus, for both full-time employment and summer internships. The partnership agreement further strengthens the relationship between the two entities. Entering into this alliance with GlobalFoundries makes strategic sense for the university in light of all the above reasons as well as the continuing discussions surrounding an expanded strategic partnership between the organizations.

“We are very pleased to launch the first phase of this important partnership and look forward to making our outstanding academic programs available to GlobalFoundries’ employees,” said Suresh Garimella, UVM president. “The partnership lines up well with our commitment to workforce development and our land grant mission of helping grow the number of high-skill, high-wage jobs in Vermont. Integrating working professionals into the academic life of campus is also of great benefit to the university and our students and sets the stage for further collaboration between our organizations.”

PUBLISHED

02-12-2020
University Communications