Hochul and Schumer announce the start of construction for Edwards Vacuum supply chain facility

URLhttps://www.thebatavian.com/press-release/hochul-a
SourceThe Batavian
Date Published04/28/2024

Additional Reshoring Information:

Company/Division name Edwards Vacuum
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):600
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):319
Country(ies) from which reshored:United Kingdom
City reshored to:Genessee
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, Machinery
Product(s) reshoreddry pumps for semiconductors
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies, Proximity to customers/market
Government Incentive dollar amount:$22 million
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