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Area Development - Site Selection, Facility Planning and Workforce Development

GlobalFoundries Expands Malta, New York, Manufacturing Operations

01/25/2025
Semiconductor contract manufacturing and design company GlobalFoundries plans to expand its operations in Malta, New York. The $575 million project is expected to create 100 jobs over the next five years.

The investment at the company’s existing manufacturing site will include the construction of a new center for advanced packaging and testing of U.S.-made essential chips.

“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,” said Dr. Thomas Caulfield, president and CEO of GF. “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.”

To support the project New York State will provide up to $20 million which is in addition to the previously announced $550 million from the New York State Green CHIPS program. The U.S. Department of Commerce will also provide up to $75 million in direct funding.

“Under Governor Hochul’s leadership and investments, New York State is driving America’s semiconductor industry resurgence,” noted Empire State Development President, CEO and Commissioner Hope Knight. “GlobalFoundries' decision to invest, grow, and create even more jobs in the Capital Region represents the success of the state’s strategy, and that innovation is truly at the heart of New York.”

GlobalFoundries manufactures integrated circuits on wafers designed for markets such as smart mobile devices, automotive, aerospace and defense, consumer internet of things (IoT) and for data centers and communications infrastructure.

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