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

December 5: Cardinal Points
Program strikes third deal

December 5: Watertown Daily Times
Lyons Falls project bolstered by DANC redevelopment funding

December 2: The Daily Star
Lt. governor takes trip to Ommegang, lauds growth

December 1: RT & S
Alstom receives N.Y. state funds to expand Hornell facility

November 30: Rochester Business Journal
MCC teams with Eastman Business Park for training center

November 23: Long Island Business News
Glen Cove IDA closes on $15M Garvies Point sale

December 2016

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List of Upcoming Events

When: 01/17 1:00 pm – 01/19 12:00 pm
When: 05/24 10:00 am – 05/26 11:30 am
When: 06/19 1:00 pm – 06/22 3:00 pm