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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Map of New York's Assets

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.

Latest News

November 20: MidHudson News
Commercial laundry to build new facility in Westchester

November 20: Press Connects
Kosher dairy plant to open in former Crowley site

November 19: Innovation Daily
Regeneron builds giant database of human DNA information in search for the next PCSK9.

November 18: Syracuse.com
Developers get tax exemption to add more apartments to Dey's Plaza in Syracuse

November 18: Daily Voice
Westchester IDA Approves Mamaroneck Projects

November 12: The Wall Street Journal
Private-Sector Job Growth in NYC Is Highest in Decades

November 2014

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List of Upcoming Events

When: 01/20 12:00 am – 01/22 11:59 pm
When: 05/20 10:00 am – 05/22 11:00 am
When: 06/22 12:30 pm – 06/25 3:30 pm