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

April 24: Ithaca.com
Spencer Town solar project moves forward

April 21: Niagara Gazette
Canadian logistics firm unveils new facility in Sanborn. More here.

April 20: Rochester Business Journal
Bonduelle USA to add 22 jobs here as part of $20M expansion

April 19: Buffalo Rising
Northland Workforce Training Center Advancing

April 19: Spectrum News
Tractor Supply Plowing into Frankfort with Hundreds of Jobs in Tow

April 18: Syracuse.com
Antibiotic maker Steri-Pharma wants tax breaks for $50M expansion in Syracuse

April 2017

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List of Upcoming Events

When: 05/24 11:00 am – 05/26 11:30 am
When: 06/19 1:00 pm – 06/22 3:00 pm