New York Power Authority Approves Awards for Edwards, World Leader in Vacuum and Abatement Equipment in Semiconductor Industry, Spurring $212 Million in Capital Investments and Creating More Than 340 Jobs
Firm’s Expansion Brings Critical Component of Semiconductor Manufacturing Process to Upstate New York
Governor Kathy Hochul today announced that the New York Power Authority Board of Trustees approved economic development awards to Edwards—a British-based world leader in vacuum and abatement equipment in the semiconductor industry and part of the Atlas Copco Group—that will spur more than $212 million in capital investments, as the first phase of a $319 million overall project, and create 343 jobs. Governor Hochul first announced the firm’s decision to build a new facility at the Western New York Science & Technology Advanced Manufacturing Park in Genesee County in November 2022.
“Upstate New York’s emergence as a global hub for advanced manufacturing is stimulating unprecedented, transformative investments that will deliver the jobs of tomorrow to New York’s talented workforce,” Governor Hochul said. “By providing these firms with the tools and support they need to thrive, New York is furthering its legacy of innovation and cementing itself as a leader in the semiconductor industry.”
New York Power Authority Acting President and CEO Justin E. Driscoll said, “Securing key supply chain partners for New York’s growing semiconductor industry helps ensure that cutting-edge technologies will be developed right here in New York. NYPA hydropower plays a critical role in attracting leading manufacturers to our state and helps secure large-scale investments while creating well-paying jobs.”
Empire State Development President, CEO and Commissioner Hope Knight said, “Attracting supply chain partners in the semiconductor industry is key building a stronger ecosystem in New York State and we are pleased to partner with NYPA and other state agencies to ensure that New York State is the top location for this industry and the many good jobs they will bring.”