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

February 27: Press Republican
Institute for Advanced Manufacturing rolling toward completion

February 24: The Buffalo News
Cuomo plan doubles down on investment in manufacturing

February 24: Press Republican
Montreal-based firm to create 26 jobs in Plattsburgh

February 24: Saratogian News
Jobs planned under START-UP NY initiative, state says

February 24: Press Republican
Plattsburgh-based firm expanding through Start-Up NY

February 22: Construction Equipment Guide
Governor Cuomo Announces North American Breweries Breaks Ground on Genesee Eco-Brewery District in NY

February 2017

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List of Upcoming Events

When: 05/24 10:00 am – 05/26 11:30 am
When: 06/19 1:00 pm – 06/22 3:00 pm