Edwards Vacuum, a British-based world leader in vacuum and abatement equipment in the semiconductor industry, and part of the Atlas Copco Group, will establish its U.S. dry pump manufacturing facility in Genesee County, New York. The $319 million project is expected to create 600 jobs.

Phase One of the new 240,000-square-foot campus, located at the Western New York Science & Technology Advanced Manufacturing Park, will include manufacturing, warehouse and administration. The dry pump technology that will be produced at the location is a vital component to controlling the highly sensitive environment of semiconductor manufacturing processes.

"I am delighted that we are announcing this new facility in the state of New York,” said Edwards' Semiconductor business President Kate Wilson. “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."

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.

The company is anticipated to apply for agreements at a later date with the Genesee County Economic Development Center (GCEDC) to support the investment through property, sales, and mortgage tax assistance.

"Attracting supply chain partners in the semiconductor industry is key to building a stronger ecosystem in New York State,” Empire State Development President, CEO and Commissioner Hope Knight noted. “Edwards Vacuum's choice of STAMP for its new facility further cements New York State as a leader in the semiconductor industry."

Edwards is a leading developer and manufacturer of sophisticated vacuum products, abatement solutions and related value-added services. The company’s products are integral to manufacturing processes for semiconductors, flat panel displays, LEDs and solar cells; are used within an increasingly diverse range of industrial processes including power, glass and other coating applications, steel and other metallurgy, pharmaceutical and chemical; and for both scientific instruments and a wide range of R&D applications.