New York is deepening its role in the global semiconductor race with a new $75 million international partnership.
Gov. Kathy Hochul announced a strategic agreement between NY Creates and SCREEN, a Japan-based semiconductor equipment company, that will expand research, development, and workforce efforts at the Albany NanoTech Complex.
Under the agreement, SCREEN will invest more than $75 million during the first three years of a broader 10-year partnership. The company will use 10,000 square feet of cleanroom space in NY Creates’ new NanoFab Reflection building and 5,000 square feet of office space at the Albany site.
State officials say the deal strengthens collaboration between the U.S. and Japan while advancing next-generation chip research.
“This new agreement with SCREEN marks another major milestone in New York’s global leadership in semiconductor innovation,” Hochul said. She added that the investment supports good-paying jobs and helps reshore advanced manufacturing.
Albany NanoTech continues to grow
The partnership builds on Hochul’s $1 billion state investment in NY Creates, which has helped leverage $9 billion in industry funding. Leaders say the Albany NanoTech Complex has become a major draw for global semiconductor companies.
NY Creates President Dave Anderson said the agreement reflects the strength of New York’s growing high-tech ecosystem and its ties to Japan’s semiconductor industry.
“The establishment of SCREEN’s new R&D center at our Albany NanoTech Complex reflects a shared commitment to driving semiconductor R&D and innovation in New York and the U.S.,” Anderson said.
SCREEN President and CEO Masato Goto said the new center will help the company strengthen its technology and collaborate with global partners.
Jobs, research, and long-term impact
The new partnership supports advanced research in areas such as wet processing, thermal processing, and advanced packaging. It also complements the development of the NanoFab Reflection facility, a 310,000-square-foot building now under construction.
State officials say the project will support hundreds of permanent high-tech jobs and help keep New York at the forefront of semiconductor research.
Empire State Development President Hope Knight said the agreement shows how New York continues to lead the nation’s semiconductor resurgence under Hochul’s leadership.
Completion of the NanoFab Reflection building is expected by the end of next year, further expanding the Albany NanoTech Complex’s role as a global hub for chip innovation.
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