Breaking News!
GlobalFoundries breaks ground on first new semiconductor fab under landmark U.S.-Japan initiative
Read the Press Release Here
From SEDC
Malta/Stillwater…….With the GlobalFoundries 8.2 groundbreaking, an estimated new $10BN investment in Saratoga County/Capital Region is now underway. This investment, in addition to the already $15BN in the ground today together with the contemplated additional $11BN for a 3rd manufacturing facility are historic investments not only in Saratoga County but in New York State. In addition to the estimated 2,500 full-time, high-skilled jobs already existing at Fab 8 a additional 1,000 jobs are projected in support of this new investment with thousands of construction jobs to be added over an extended period of time to enable the project.
Congratulations to Governor Kathy Hochul on the vision, investment and support; Saratoga County’s, GF Executive Chairman Tom Caulfield, CEO Tim Breen and GF Fab 8 GM Grant McEwan on this historic investment. Onward!
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Greg Connors, President/CEO
Saratoga Economic Development Corp.
Welcome to Saratoga County, in New York's Capital Region. At Saratoga Economic Development Corporation (SEDC), we work with community partners and professional service providers to stream-line the investment process in Saratoga County.
SEDC Mission Statement
Saratoga Economic Development Corporation (SEDC) is a private sector, non-profit consulting firm established in 1978. With more than 45 years of economic development success, we are the primary resource and first-point of contact for any business or individual considering an investment in Saratoga County, New York.
SEDC works collaboratively with state, regional and local government on economic development programs currently available for targeted sectors. SEDC also encourages investment in our existing industries, attraction of new business, the creation of new and permanent full-time jobs and the opportunity of complementary business development operations.
SEDC will coordinate available incentives and provide direction for your specific project. We bring a degree of experience and confidentiality that sets us apart from other economic development organizations. Saratoga County New York is OPEN for BUSINESS and SEDC is ready to help!
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 Whether you're a new business looking to relocate, or an established one looking to expand, make SEDC your first point of contact!











