Semiconductor supply chain manufacturer picks STAMP site for $319 million project with 600 jobs
Edwards Vacuum, British-based company, will build dry pump manufacturing facility
Press Release, Gov. Kathy Hochul’s Office
Governor Kathy Hochul and U.S. Senate Majority Leader Charles Schumer today announced that Edwards Vacuum, a British-based world leader in vacuum and abatement equipment in the semiconductor industry and part of the Atlas Copco Group, has chosen the Western New York Science & Technology Advanced Manufacturing Park located in Genesee County, as the location for their new $319 million, U.S. dry pump manufacturing facility.
The dry pump technology that will be produced at the new facility is a vital component to controlling the highly sensitive environment of semiconductor manufacturing processes. Phase One of Edwards Vacuum’s 240,000 square-foot campus include manufacturing, warehouse and administration. This new commitment from a global leader in the semiconductor manufacturing supply chain to invest in New York State builds on the announcement that Micron is investing an unprecedented $100 billion in Central New York.
“This major investment from Edwards Vacuum builds on our momentum to secure New York as a leader in semiconductor manufacturing,” Governor Hochul said. “On the heels of Micron’s $100 billion commitment to Central New York, as well as New York’s Green CHIPS legislation and the federal CHIPS and Science Act, we are better positioned than ever to make New York a global hub for advanced manufacturing and attract the jobs of the future. I am thrilled to welcome Edwards Vacuum to Genesee County and look forward to working with them, as well as our local, state, and federal partners, as they make New York their home.”
“The CHIPS And Science Act delivers for Upstate New York again,” Schumer said. “I am thrilled to announce Edwards Vacuum, a major player in semiconductor supply chain, will soon power Genesee County with an over $300 million plant and 600 good-paying jobs! I told Edwards Vacuum’s top brass last month there was no better site than STAMP to locate a new plant and I’m glad they heeded my call. With my CHIPS and Science Act as the lighting rod, we are now seeing energy flow into Upstate’s manufacturing sector like never before, and this investment will further cement that the future of microchips will be built with American made products, crafted by New York workers.”
Edwards Vacuum will provide internal training and education, allowing every employee to explore and advance their career opportunities. Additionally, Edwards is committed to recruiting entry-level employees from disadvantaged communities and partnering with existing community-based recruitment and training programs, to provide both soft skills and technical skills that will provide employment opportunities that have not been available in those communities previously.
Edwards’ Semiconductor business President Kate Wilson, said, “I am delighted that we are announcing this new facility in the state of New York. Against a backdrop of growing demand, clearly showing a greater need for investment in manufacturing capabilities that are located close to our customers, we continue to commit significant investment in our operational footprint. This is critical to ensure we retain our position as the vacuum and abatement partner of choice to the global semiconductor industry.”
The Western New York Science & Technology Advanced Manufacturing Park (STAMP) is a 1,250-acre mega site at the forefront of green manufacturing growth in New York. Developed to provide high-capacity, low-cost renewable electricity in a strategic location in the Buffalo-Rochester Tech Corridor, STAMP has attracted over $500 million of investment by innovative companies. With over 500 available buildable acres on-site, 1.1 million people within 30 miles, and 30,000 annually enrolled engineering students at nearby colleges and universities, STAMP is positioned to accelerate New York’s growing semiconductor manufacturing, advanced manufacturing, and renewables manufacturing industries.
As part of the agreement with Edwards Vacuum, ESD has offered up to $21 million in a combination of performance-based Excelsior Jobs Tax Credits, Investment Tax Credits and an additional $1 million to support Workforce Development and the training of a Diverse and Inclusive Workforce in exchange for 600 new full-time jobs at the location. Additionally, the New York Power Authority Board of Trustees will review an application for low-cost Niagara hydropower at a future public meeting.
Edwards Vacuum is anticipated to apply for agreements at a later date with the Genesee County Economic Development Center to support the company’s investment at STAMP through property, sales, and mortgage tax assistance. The request would support the largest workforce and capital investment proposed by any company at a GCEDC-developed site.
Last month, Senator Schumer personally called Edwards Vacuum President, Geert Follens, to urge the global semiconductor supply chain company to expand in Upstate New York. Senator Schumer’s bipartisan CHIPS and Science Act, creates an Investment Tax Credit for semiconductor manufacturing facilities and supply chain partners such as Edwards Vacuum as well as a first of its kind $52 billion in federal incentives to spur American semiconductor research, development, manufacturing, and workforce training to bring good-paying jobs back from overseas, strengthen national security, and reestablish America’s technological leadership.
The bill requires recipients of these incentives to make significant worker and community investments that support equitable economic growth. Edwards Vacuum is expected to also apply for incentives under the CHIPS and Science Act. Schumer has long supported STAMP’s development and to attract new semiconductor and advanced manufacturing companies to locate at STAMP. Schumer said these new federal and state investments are creating a new ‘Erie Canal’ across upstate New York by attracting thousands of new jobs in the semiconductor industry from the Hudson Valley to Western New York’s STAMP.
Semiconductors, and their supply chain partners, are vital to the nation’s economic strength, serving as the brains of modern electronics, and enabling technologies critical to U.S. economic growth, national security, and global competitiveness.
The industry directly employs over 277,000 people in the U.S. and supports more than 1.8 million additional domestic jobs. Semiconductors are a top five U.S. export, and the industry is the number one contributor to labor productivity, supporting improvements to the effectiveness and efficiency of virtually every economic sector — from farming to manufacturing.
Earlier this year, Governor Hochul signed New York’s nation-leading Green CHIPS legislation into law to attract top semiconductor manufacturing businesses to the state and secure commitments to good-paying jobs, sustainability, and community benefits.
Genesee County Legislature Chair Shelley Stein said, “We are so proud that STAMP will be the location of the largest economic development investment in the history of Genesee County. On behalf of my colleagues in the Genesee County Legislature we welcome Edwards Vacuum to our community and look forward to their success here and the career opportunities they will provide for our hard-working residents. This announcement demonstrates the diligent focus of Genesee County to plan, prepare and welcome 21st century manufacturing to our county.”
Town of Alabama Supervisor Rob Crossen said, “Our shared vision through the development of STAMP is to play a role in bringing new jobs and investments to Genesee County and to improve the quality of life for our residents. The latter has begun through enhanced infrastructure improvements, especially as it pertains to water services, and we’re pleased that STAMP and our community is attracting advanced manufacturing companies and good paying jobs.”
Steve Hyde, Genesee County Economic Development Center President & CEO, said, “There is a saying that economic development is a marathon and not a sprint and that has been our approach to STAMP ever since it was a concept on paper over a decade ago. That’s why it is so gratifying to see how that steady and purposeful approach is resulting in a significant return on the investment that has been made through the years by our public and private sector partners and in particular by Senator Schumer and Governor Hochul by this announcement today. This announcement shows that STAMP and our region are the ideal location for semiconductor industry growth.”