NYSEDC's 900 members work to build vibrant, diverse, and sustainable communities throughout New York State.

 
 
globalFoundries
Featured Project:
GLOBALFOUNDRIES Fab 2

$4.2 Billion dollar leading-edge semiconductor manufacturing facility located at the Luther Forest Technology Campus in Saratoga County, NY. Construction of the facility is expected to require approximately 5 million man hours, supporting over 1,600 jobs and with the potential for an additional 2,700 jobs through economic multipliers. The project will create approx 1,400 new direct semiconductor manufacturing jobs once full scale production is achieved, with an average annual salary of $60,000 and an estimated annual payroll of more than $88 million. The project is expected to create an additional 5,000 indirect jobs in the region with a sustained estimated total payroll for both direct and indirect jobs of $290 million dollars per year.

 
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New York's regions have many important human and physical economic development assets, including world class economic and workforce development organizations, technology transfer offices, leading colleges and universities, and much more. Discover these assets through the NY Asset Map.

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July 19: Finger Lakes Times
Tax-abatement plan approved for ag firm’s new building at Tech Farm

July 19: Press Connects
More jobs, more space coming to Dick's Conklin center

July 18: Democrat & Chronicle
State awards eHealth Technologies up to $2M to add 160 jobs

July 18: Long Island Business News
Islip approves zoning for first phase of Heartland project

June 18: Site Selection
Startup Launchpad Opens in Booming Big Apple Cluster

July 18: New York Real Estate Journal
Knowledge, vision and opportunity are colliding – Invest in Broome County: “Define Our Economy” - by Kevin McLaughlin

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