![]() ![]() Senator Schumer personally called Geert Follens, Vacuum Technique Business Area President, Atlas Copco, to urge the global semiconductor supply chain company Edwards Vacuum to expand in Upstate New York and has long supported STAMP's development and to attract new semiconductor and advanced manufacturing companies to locate at STAMP. dry pump manufacturing facility in Western New York’s Science & Technology Advanced Manufacturing Park (STAMP) to supply the semiconductor industry. Edwards Vacuum will invest $300+ million to build a 600 job U.S.and directly negotiating with Micron’s CEO on making New York Micron’s choice for the largest private investment in New York State history, and one of the largest in U.S. Schumer personally worked for years to secure Micron’s investment, including passing the necessary federal incentives into law for Micron to invest in the U.S. Micron has announced an historic up to $100 billion investment to build a cutting-edge memory fab in Central New York, which is expected to create up to 50,000 good-paying jobs.Upstate New York has seen major proposed investment as a direct result of Schumer’s CHIPS & Science Act: Upstate NY is the future of America’s chip industry, and we are just getting started.” Schumer added, “Coupled with our world-renowned research capabilities at places like the Albany Nanocenter and our universities from Binghamton to Rochester to Buffalo, Upstate New York has all the tools needed to become the nation’s leader in an industry that will dominate this century, and the CHIPS & Science law is at the center of it all. ![]() The CHIPS & Science law is not just about restoring this critical industry for the United States, it is about ensuring our children and grandchildren can find good-paying jobs and grow their families in places like Upstate NY, in the communities that helped build America, and where now they can build a future for themselves, all while laying the foundation for the future of American manufacturing.” ![]() “Between Micron’s historic $100 billion proposed investment in Central New York, and other major investments from companies like Wolfspeed in the Mohawk Valley, Edwards Vacuum in Western New York, the potential expansion of GlobalFoundries in the Capital Region, and IBM and onsemi in the Hudson Valley, the level of investment we’ve seen in Upstate NY over the past year is transformational. I crafted the CHIPS & Science law specifically with Upstate NY in mind, and one year later, from Syracuse to the Hudson Valley, industry is now recognizing what I have long known- that Upstate NY is the premiere destination for building the technology of the future, and this is only the beginning,” said Senator Schumer. This landmark legislation has already spurred major investment across Upstate New York, bringing thousands of good-paying jobs back from overseas, and breathing new life into Upstate New York’s manufacturing legacy. “Today marks one year since my historic bipartisan CHIPS & Science bill finally became law. Schumer crafted the CHIPS & Science Law with Upstate NY in mind to bring critical manufacturing in industries like semiconductors back from overseas to America, and over the past year, new investment sparked by the CHIPS & Science Act has breathed new life into Upstate’s manufacturing sector, making strides in Schumer’s goal of turning New York into a global hub for innovation. Schumer today highlighted the billions in investments the semiconductor industry has already proposed thanks to this historic bill. One year after his CHIPS & Science Act was signed into law, U.S. Schumer: My CHIPS & Science Law Was The Spark Needed To Ignite Upstate NY’s Leadership As A Global Innovation & Semiconductor Manufacturing Hub – And At Only One Year Old We Are Already Seeing The Benefits Upstate NY Is Already Seeing Historic New Investment And A Manufacturing Boom From Schumer’s CHIPS & Science Act – Like Micron’s Landmark $100 Billion Investment In A CNY Memory Chip Fab – Senator Says This Is Only The Beginning, With Much More Investment On The Horizon & Upstate NY Primed To Lead The Way Schumer’s CHIPS & Science Act Has Spurred A New Wave Of American Semiconductor Production – Bringing Back This Vital Industry From Overseas, Manufacturing Microchips Integral To Everyday Life And Vital To National Security, Strengthening American Supply Chains, Lowering Costs & Boosting U.S. ![]()
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