{"id":38918,"date":"2023-01-10T11:05:30","date_gmt":"2023-01-10T16:05:30","guid":{"rendered":"https:\/\/videonewsservice.net\/?p=38918"},"modified":"2023-01-10T11:05:30","modified_gmt":"2023-01-10T16:05:30","slug":"genesee-county-edwards-vacuum-submits-application-for-212-million-project-at-stamp","status":"publish","type":"post","link":"https:\/\/videonewsservice.net\/index.php\/2023\/01\/10\/genesee-county-edwards-vacuum-submits-application-for-212-million-project-at-stamp\/","title":{"rendered":"GENESEE COUNTY\/Edwards Vacuum submits application for $212 Million project at STAMP"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong><em>Phase I of semiconductor dry pump manufacturer Edwards Vacuum\u2019s \u201cFactory of the Future\u201d will enhance growth of advanced manufacturing sector and create 343 new jobs in Genesee County<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Press release<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) will consider an initial application for incentives from Edwards Vacuum, part of the Atlas Copco Group, for the $212 million first phase of the company\u2019s semiconductor dry pump manufacturing project at the Science Technology and Advanced Manufacturing Park (STAMP) in the town of Alabama, NY. The GCEDC Board of Directors will review and consider the application at its January 12, 2023 meeting.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Edwards Vacuum\u2019s \u201cfactory of the future\u201d is being constructed to serve the semiconductor industry and advanced manufacturing sectors and would create approximately 343 new high-paying jobs. The new facility is projected to generate more than $13.4 million in future revenues to the Town of Alabama, Genesee County, Oakfield-Alabama School District and the Alabama Fire Department over 20 years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThanks to Senator Schumer and his leadership in passing the Federal CHIPS and Science Act and New York Governor Kathy Hochul\u2019s advocacy in passing New York&#8217;s Green CHIPS legislation, we are bringing a \u2018factory of the future\u2019 to STAMP now,\u201d said GCEDC President and CEO Steve Hyde.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Atlas Copco USA Holdings Inc. &amp; Subsidiaries (Edwards Vacuum) is requesting sales tax exemptions with estimated savings of $4.34 million and a 20-year property tax abatement with approximately $12.85 million in estimated savings. The project is estimated to generate $644 million in payroll and projected future municipal revenues, a $39 benefit to the local economy for every $1 of public investment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the incentives application is accepted, a public hearing will be scheduled on the proposed project agreements in the town of Alabama.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The GCEDC Board meeting is Thursday, January 12, 2023 at 4 p.m. at 99 MedTech Drive in Batavia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Phase I of semiconductor dry pump manufacturer Edwards Vacuum\u2019s \u201cFactory of the Future\u201d will enhance growth of advanced manufacturing sector and create 343 new jobs in Genesee County Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) will consider an initial application for incentives from Edwards Vacuum, \u2026<\/p>\n<p class=\"continue-reading-button\"> <a class=\"continue-reading-link\" href=\"https:\/\/videonewsservice.net\/index.php\/2023\/01\/10\/genesee-county-edwards-vacuum-submits-application-for-212-million-project-at-stamp\/\">Continue reading<i class=\"crycon-right-dir\"><\/i><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[211,23],"tags":[3450,3359,432],"class_list":["post-38918","post","type-post","status-publish","format-standard","hentry","category-alabama","category-genesee-county","tag-atlas-copco-group","tag-edwards-vacuum","tag-gcedc"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8eTP4-a7I","jetpack-related-posts":[{"id":39683,"url":"https:\/\/videonewsservice.net\/index.php\/2023\/02\/01\/genesee-county-edwards-vacuum-factory-of-the-future-at-stamp-to-be-considered-at-gcedc-board-meeting\/","url_meta":{"origin":38918,"position":0},"title":"GENESEE COUNTY\/Edwards Vacuum &#8220;Factory of the Future&#8221; at STAMP to be considered at GCEDC Board meeting","author":"aka","date":"February 1, 2023","format":false,"excerpt":"New semiconductor dry pump manufacturing facility would create 343 new jobs in Genesee County Press Release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board will consider a project by Edwards Vacuum, part of the Atlas Copco Group, for the first phase of the company\u2019s $209 million semiconductor\u2026","rel":"","context":"In &quot;Genesee County&quot;","block_context":{"text":"Genesee County","link":"https:\/\/videonewsservice.net\/index.php\/category\/genesee-county\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/STAMP.Poster.jpg?fit=1200%2C776&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/STAMP.Poster.jpg?fit=1200%2C776&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/STAMP.Poster.jpg?fit=1200%2C776&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/STAMP.Poster.jpg?fit=1200%2C776&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/STAMP.Poster.jpg?fit=1200%2C776&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":39738,"url":"https:\/\/videonewsservice.net\/index.php\/2023\/02\/03\/genesee-county-gcedc-board-approves-support-for-edwards-vacuum-factory-of-the-future-at-stamp\/","url_meta":{"origin":38918,"position":1},"title":"GENESEE COUNTY\/GCEDC Board approves support for Edwards Vacuum \u201cFactory of the Future\u201d at STAMP","author":"aka","date":"February 3, 2023","format":false,"excerpt":"File photo New semiconductor dry pump manufacturing facility will create 343 new jobs in Genesee County Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board approved financial agreements to support Edwards Vacuum, part of the Atlas Copco Group, for the first phase of the company\u2019s $209\u2026","rel":"","context":"In &quot;Genesee County&quot;","block_context":{"text":"Genesee County","link":"https:\/\/videonewsservice.net\/index.php\/category\/genesee-county\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/STAMP.Poster.jpg?fit=1200%2C776&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/STAMP.Poster.jpg?fit=1200%2C776&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/STAMP.Poster.jpg?fit=1200%2C776&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/STAMP.Poster.jpg?fit=1200%2C776&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/STAMP.Poster.jpg?fit=1200%2C776&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":38967,"url":"https:\/\/videonewsservice.net\/index.php\/2023\/01\/12\/genesee-county-gcedc-approves-initial-resolution-for-edwards-vacuum-during-board-of-directors-meeting-initial-resolution-also-approved-for-horizon-acres-associates-in-pembroke-biodigester-company-subm\/","url_meta":{"origin":38918,"position":2},"title":"GENESEE COUNTY\/GCEDC approves initial resolution for Edwards Vacuum during Board of Directors meeting\/Initial resolution also approved for Horizon Acres Associates in Pembroke\/Biodigester company looking to locate at Agri-Business Park","author":"aka","date":"January 12, 2023","format":false,"excerpt":"What is a semiconductor vacuum pump? (View video below) https:\/\/www.edwardsvacuum.com\/en\/our-markets\/semiconductor-and-electronics\/dry-pumps https:\/\/youtu.be\/nrHACg8g7SQ VIDEO-Andy Marsh\/Project Manager-Edwards Vacuum-shares details about the Genesee County project (From Previous Press Release) BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) approved an initial application for incentives from Edwards Vacuum, part of the Atlas Copco Group,\u2026","rel":"","context":"In &quot;Alabama&quot;","block_context":{"text":"Alabama","link":"https:\/\/videonewsservice.net\/index.php\/category\/alabama\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/still-7.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/still-7.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/still-7.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/still-7.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2023\/01\/still-7.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":55527,"url":"https:\/\/videonewsservice.net\/index.php\/2024\/08\/06\/genesee-county-edwards-vacuum-celebrates-meaningful-moment-in-progress-of-semiconductor-facility-at-wny-stamp\/","url_meta":{"origin":38918,"position":3},"title":"GENESEE COUNTY\/Edwards Vacuum celebrates \u2018meaningful moment\u2019 in progress of semiconductor facility at WNY STAMP","author":"aka","date":"August 6, 2024","format":false,"excerpt":"(Provided photo-Left-right)-Aaron Prato, Atlas Copco, President, US Holdings; Rochelle Stein, Genesee County Legislature Chair; Koen Lauwers, Edwards, President, Semiconductor Division; US Senator Charles E. Schumer; Geert Follens, Atlas Copco, President, Vacuum Technique Business Area; Hope Knight, Empire State Development, Commissioner, President & CEO; Mark Masse, GCEDC, President & CEO; Matt\u2026","rel":"","context":"In &quot;Alabama&quot;","block_context":{"text":"Alabama","link":"https:\/\/videonewsservice.net\/index.php\/category\/alabama\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/08\/Edwards.Groundbreaking.Shovels.Social.jpg?fit=1000%2C547&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/08\/Edwards.Groundbreaking.Shovels.Social.jpg?fit=1000%2C547&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/08\/Edwards.Groundbreaking.Shovels.Social.jpg?fit=1000%2C547&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/08\/Edwards.Groundbreaking.Shovels.Social.jpg?fit=1000%2C547&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":52663,"url":"https:\/\/videonewsservice.net\/index.php\/2024\/04\/26\/gov-hochul-and-majority-leader-schumer-announce-the-start-of-construction-for-edwards-vacuum-semiconductor-supply-chain-facility-at-stamp-in-alabama\/","url_meta":{"origin":38918,"position":4},"title":"Gov. Hochul and Majority Leader Schumer announce the start of construction for Edwards Vacuum semiconductor supply chain facility at STAMP in Alabama","author":"aka","date":"April 26, 2024","format":false,"excerpt":"Global Manufacturer of Dry Pumps Will Strengthen New York\u2019s Semiconductor Supply Chain, Create Up to 600 Jobs in the Finger Lakes Region Investment Driven by Domestic Semiconductor Industry Growth Spurred by Federal CHIPS and Science Law and New York\u2019s Green CHIPS Program Project Complements \u201cFinger Lakes Forward\u201d \u2013 The Region\u2019s\u2026","rel":"","context":"In &quot;Alabama&quot;","block_context":{"text":"Alabama","link":"https:\/\/videonewsservice.net\/index.php\/category\/alabama\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/04\/1000103257.jpg?fit=1064%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/04\/1000103257.jpg?fit=1064%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/04\/1000103257.jpg?fit=1064%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/04\/1000103257.jpg?fit=1064%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/04\/1000103257.jpg?fit=1064%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":37284,"url":"https:\/\/videonewsservice.net\/index.php\/2022\/11\/02\/genesee-county-gov-hochul-and-majority-leader-schumer-announce-major-semiconductor-supply-chain-manufacturer-edwards-vacuum-to-build-a-319-million-facility-in-genesee-county\/","url_meta":{"origin":38918,"position":5},"title":"GENESEE COUNTY\/Gov. Hochul\u00a0and Majority Leader\u00a0Schumer announce major semiconductor supply chain manufacturer\u00a0Edwards Vacuum to build a $319 Million facility in Genesee County","author":"aka","date":"November 2, 2022","format":false,"excerpt":"Press release GOVERNOR HOCHUL AND\u00a0MAJORITY LEADER\u00a0SCHUMER ANNOUNCE\u00a0MAJOR SEMICONDUCTOR SUPPLY CHAIN MANUFACTURER\u00a0EDWARDS VACUUM TO BUILD $319 MILLION FACILITY IN GENESEE COUNTY\u00a0 British-Based\u00a0Leader in\u00a0Semiconductor Industry Will Build\u00a0240,000\u00a0Square-Foot Facility, Create 600 Jobs\u00a0at\u00a0Western New York's STAMP Science & Technology Advanced Manufacturing Park\u00a0 Investment Builds on Historic $100 Billion Commitment from Micron Technology, Further Strengthens\u2026","rel":"","context":"In &quot;Genesee County&quot;","block_context":{"text":"Genesee County","link":"https:\/\/videonewsservice.net\/index.php\/category\/genesee-county\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2022\/11\/still-4.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2022\/11\/still-4.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2022\/11\/still-4.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2022\/11\/still-4.webp?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/38918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/comments?post=38918"}],"version-history":[{"count":1,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/38918\/revisions"}],"predecessor-version":[{"id":38919,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/38918\/revisions\/38919"}],"wp:attachment":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/media?parent=38918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/categories?post=38918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/tags?post=38918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}