ams AG to invest over US$ two billion to support a cutting edge, 360,000 square feet wafer fabrication facility to be constructed at the Nano Utica site in Marcy.
According to the press release, ams, in partnership with New York State, SUNY Poly CNSE, Fort Schuyler Management (FSMC) and Mohawk Valley Edge, will construct, staff and operate a state-of-the-art 200/300 mm wafer fabrication facility in support of the company’s high performance analog semiconductor operations. The lab construction is scheduled to begin in spring 2016 at the 450-acre Marcy Nanocenter site, as stated in the release.
Further, the release mentions that the capital purchases, operating expenses and other investments in the facility over the first 20 years are estimated at more than US$ two billion. ams will create and retain more than 700 full time jobs and anticipates the creation of at least 500 additional support jobs from contractors, sub-contractors, suppliers and partners necessary to establish the full ecosystem necessary to enable advanced manufacturing operations.
ams Chief Operating Officer Dr. Thomas Stockmeier said, “Building a new wafer fab will help us achieve our growth plans and meet the increasing demand for our advanced manufacturing nodes. Our decision to locate the facility in New York was motivated by the highly-skilled workforce, the proximity to esteemed education and research institutions and the favorable business environment provided by Governor Cuomo and all the public and private partners we are working with on this important project.”
ams, which maintains locations in over 20 countries, chose to expand its manufacturing capabilities in New York State as a result of New York’s continued leadership in technology innovation and the opportunity to access SUNY Poly CNSE’s, world class expertise and infrastructure, as well as Governor Cuomo’s successful public-private partnership model and aggressive business development incentives.