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.

 
Interactive:
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

July 27: New York Post
$4B LaGuardia plan unveiled: ‘Tear it down and rebuild it’

July 27: ABC News
NY Wins $600 Million Hub for Photonics Research, Development

July 26: Democrat and Chronicle
Seligman leading UR's evolution

July 24: Democrat and Chronicle
Biden to announce photonics center in Greece

July 23: Democrat and Chronicle
Photonics center a big deal for Rochester

July 22: Democrat and Chronicle
Rochester wins federal photonics center

May 24: Ithaca.com
Expanding the Guitar Parts Business

July 2015

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List of Upcoming Events

When: 08/18 12:00 pm – 08/19 12:00 pm