{"id":39738,"date":"2023-02-03T13:12:12","date_gmt":"2023-02-03T18:12:12","guid":{"rendered":"https:\/\/videonewsservice.net\/?p=39738"},"modified":"2023-02-03T13:12:12","modified_gmt":"2023-02-03T18:12:12","slug":"genesee-county-gcedc-board-approves-support-for-edwards-vacuum-factory-of-the-future-at-stamp","status":"publish","type":"post","link":"https:\/\/videonewsservice.net\/index.php\/2023\/02\/03\/genesee-county-gcedc-board-approves-support-for-edwards-vacuum-factory-of-the-future-at-stamp\/","title":{"rendered":"GENESEE COUNTY\/GCEDC Board approves support for Edwards Vacuum \u201cFactory of the Future\u201d at STAMP"},"content":{"rendered":"\n
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File photo <\/figcaption><\/figure>\n\n\n\n

New semiconductor dry pump manufacturing facility will create<\/em><\/strong> 343 new jobs in Genesee County<\/em><\/strong><\/p>\n\n\n\n

Press release<\/p>\n\n\n\n

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 million semiconductor dry pump manufacturing facility at the Science Technology and Advanced Manufacturing Park (STAMP) in the town of Alabama, NY at its February 2, 2023 meeting. <\/p>\n\n\n\n

Edwards Vacuum\u2019s \u201cfactory of the future\u201d will serve the semiconductor industry and advanced manufacturing sectors and create approximately 343 new high-paying jobs. The 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

Atlas Copco USA Holdings Inc. & Subsidiaries (Edwards Vacuum) has requested sales tax exemptions of approximately $4.34 million and a 20-year property tax abatement of approximately $12.85 million. The project is estimated to generate $644 million in payroll and projected future municipal revenues, and a $39 benefit to the local economy for every $1 of public investment.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 million semiconductor \u2026<\/p>\n

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(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 "Alabama"","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":37289,"url":"https:\/\/videonewsservice.net\/index.php\/2022\/11\/02\/genesee-county-gcedc-steve-hyde-talks-about-wednesday-mornings-announcement-of-semiconductor-supply-chain-manufacturer-edwards-vacuum-planning-a-facility-at-stamp-in-alabama\/","url_meta":{"origin":39738,"position":3},"title":"GENESEE COUNTY\/GCEDC\/Steve Hyde talks about Wednesday morning’s announcement of semiconductor supply chain manufacturer Edwards Vacuum planning a facility at Stamp in Alabama","author":"aka","date":"November 2, 2022","format":false,"excerpt":"VIDEO- Steve Hyde talks about Wednesday mornings announcement of semiconductor supply chain manufacturer Edwards Vacuum planning a facility at Stamp in Alabama. ----Previously----Link to Announcement below----- 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 \u2013 Video News\u2026","rel":"","context":"In "Genesee County"","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.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2022\/11\/still.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2022\/11\/still.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2022\/11\/still.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2022\/11\/still.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"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":39738,"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 "Alabama"","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":39738,"position":5},"title":"GENESEE COUNTY\/Gov. 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