Significantly Expands New York's Advanced Packaging Capabilities — A Key Step in the Semiconductor Manufacturing Process
Essential for Chips Used in AI, Automotive, Aerospace and Defense
Will Help To Grow Domestic Chipmaking Capacity, Bolster National Security, and Drive Unprecedented Local and Statewide Economic Growth in New York’s Capital Region
Builds on Governor Hochul’s Commitment To Establishing a Global Hub for Semiconductor Manufacturing in New York State
Governor Kathy Hochul today announced that GlobalFoundries (GF), a leading manufacturer of semiconductors located in Saratoga County, will invest $575 million to create a new center for advanced packaging and testing, and an additional $186 million for R&D over the next 10 plus years within its Malta manufacturing facility. The New York Advanced Packaging and Photonics Center will expand GlobalFoundries’ advanced packaging capabilities — which is a critical part of the design and manufacture of chips. These efforts are expected to create 102 new full-time jobs in the Capital Region over the next five years.
“GlobalFoundries is a proven economic generator that shows just exactly how this industry can transform a region,” Governor Hochul said. “Their continued growth and success are a boon to both the Capital Region and the state, and attracts residents and businesses alike. GlobalFoundries expansion into advanced packaging for photonics and other applications is good news for New York and I thank the Biden administration, Senator Schumer and our congressional delegation for ensuring we remain competitive in the 21st century economy.”
GlobalFoundaries President and CEO Dr. Thomas Caulfield said, “We’re proud to partner at the state and federal level on this new center, which is a direct response to our customers asking for more geodiversity in their supply chains and additional support with advanced packaging solutions for GF silicon photonics, Trusted and 3D/HI offerings. The New York Advanced Packaging and Photonics Center will be unique in our industry and will play a vital role in the continued growth of the Empire State’s world-class semiconductor manufacturing and innovation ecosystem.”
The company’s existing Fab 8 facility in Malta is a national leader in advanced manufacturing, producing 400,000 wafers each year. To date, the company has invested more than $15 billion in Fab 8 and currently employs 2,500 workers in the Capital Region.