SCHUMER, IN PERSONAL CALL TO SAMSUNG TOP BRASS, PUSHES FOR SAMSUNG TO BUILD NEW MULTI-BILLION DOLLAR SEMICONDUCTOR FAB ON GENESEE STAMP CAMPUS & BRING 1,900 NEW JOBS TO WESTERN NEW YORK; SENATOR SAYS HIS NEW FIRST-EVER FEDERAL CHIP FAB INCENTIVE LEGISLATION IS A GAME-CHANGER TO LANDING SAMSUNG IN WNY & FURTHER ESTABLISH UPSTATE NY AS A GLOBAL HUB FOR THE SEMICONDUCTOR INDUSTRY
Samsung Is Considering Several Locations To Be The Site Of Their New U.S. Semiconductor Fab, Including The Genesee County STAMP Campus In Western New York
Schumer Has Fought For Years To Ensure Genesee STAMP Campus Is Shovel-Ready; Pledges Support For Landing Samsung Facility & Cementing U.S. & NY Leadership In Semiconductor Industry
Schumer: Picking NY Will Be A Win-Win-Win, Growing Local Economy, Creating New Manufacturing Jobs, And Plugging Samsung Into NY’s Robust Semiconductor Industry
After working tirelessly last year to secure a provision in the FY2021 National Defense Authorization Act to boost American-based semiconductor manufacturing, U.S. Senate Majority Leader Charles E. Schumer yesterday followed up on his efforts and reached directly out to Samsung top brass about Samsung’s interest in locating their new plant on the Genesee STAMP campus and expressed his strong support for the project coming to Western New York. Samsung is currently considering the STAMP campus, as well as several other locations in other states, for its semiconductor fabrication (“fab”) plant – with 1900 jobs – that the company plans to open late next year.
“This Samsung project is an exciting and a potential game changer for the region. I made it clear to Samsung that I strongly support locating their planned 1900 worker state-of-the-art semiconductor chip fab at the shovel-ready STAMP site in Genesee County. I know firsthand that STAMP is shovel-ready – and that, combined with Upstate New York’s robust semiconductor industry, make Genesee the perfect location for Samsung’s new chip fab,” said Senator Schumer. “Our world-class Western New York workforce combined with New York’s considerable experience in semiconductor manufacturing and R&D means STAMP is tailor-made to be the home for Samsung’s new facility. I stand ready to help Samsung harness all that the federal government has to offer to continue to lead the tech industry and position New York as a global hub of semiconductor manufacturing.”
Schumer added, “When I stood at STAMP in August to announce my proposal to create the first-ever new federal semiconductor manufacturing and R&D incentives program, I said it could put sites like Western New York’s STAMP in contention for landing a new semiconductor manufacturing plant and the thousands of new jobs that come with it. This game-changer proposal passed into law last month and already companies like Samsung are considering STAMP for a 1,900 job chip fab plant, partly because of this new federal initiative. Now, I will work to secure this federal investment and offer my all-out support and advocacy in helping STAMP compete for this multi-billion dollar plant.”
Schumer has long championed the Genesee site and toured STAMP in August, and knows firsthand how ideal the campus would be as home for Samsung’s new chip fab. Schumer explained to Samsung that he, alongside the Genesee County Economic Development Center (GCECC), New York State, and Western New York officials, worked for a decade to help ensure that it was shovel-ready for a semiconductor facility.
Schumer said, “The STAMP campus, sitting on 1,250 acres of land between Buffalo and Rochester, New York’s second and third largest metros respectively, with a 1.2 million person world-class workforce, is specifically designed for large-scale fabs and provides maximum flexibility in layout and infrastructure connections.” Additionally, the senator pointed out many cost and infrastructure advantages to the STAMP campus location, including low utility costs, access to existing transportation networks, access to New York state’s existing chip fab supply chain ecosystem, and 62 colleges, universities, and community colleges within a 2-hour drive of the site including Cornell University, University at Buffalo, Rochester Institute of Technology, University of Rochester, Genesee Community College.
Schumer said Samsung is relying on his legislation to building new fabs like this one in the U.S. In fact, Schumer pointed out, the U.S. has gone from producing 24% of the world’s semiconductors in 2000, to just 12% while China, by comparison, has gone from producing zero chips to 16% of the world’s supply because the U.S. is not matching the investments that other competing nations are making in order to land new job-creating semiconductor chip fabs. Schumer’s first-ever legislation will reverse this imbalance and level the playing field for companies like Samsung to build new chip fabs in the United States. For the first-time Schumer’s legislation will provide federal incentives to semiconductor chip fabs to build in the U.S.
Upon passage of his legislation last month in the FY2021 National Defense Authorization Act Schumer said his legislation is vital. He noted that even though the U.S. revolutionized the microelectronic industry and invented nearly all of the key technology used to this day, by 2030, non-U.S. competitors are projected to control 83% of the global semiconductor manufacturing supply while domestic production could be less than 10%, threatening U.S. reliance on foreign-made microelectronics, which could pose huge risks to U.S. national and economic security.
In a recent meeting with the Commerce Secretary nominee, Governor Gina Raimondo, Schumer raised the urgent need to fully-fund and implement the new Commerce semiconductor manufacturing grant program he passed into law as part of last year’s defense authorization, pointing to this Samsung investment as an example for why these federal incentives are such a high priority. Federal incentives are critical to the U.S. successfully competing with other countries, including China, for new semiconductor manufacturing investment like the proposed Samsung facility.
Schumer, in addition to paving the way for future federal incentives for investment into domestic semiconductor manufacturing previously brought STAMP to the attention of the Department of Defense, urging the agency to work with the semiconductor industry to expand the domestic supply of chips and other microelectronics.
STAMP is specifically designed for development of large scale semiconductor manufacturing. The 1250 acre Mega site can accommodate large advanced manufacturing operations with its expansive space for several plants.
Schumer has also previously lobbied the Board of Directors of the Semiconductor Industry Association (SIA) to put STAMP on their map and pitched SIA’s 18 semiconductor industry CEOs to look to expand their operations in Upstate New York at sites like STAMP in Genesee County.
In 2017 Schumer helped secure Federal Energy Regulatory Commission (FERC) approval of Empire Pipeline Inc.’s revised and extended PILOT agreement with Genesee County, the proceeds of which were needed to finance new water infrastructure at STAMP. In 2016 Schumer began assisting STAMP secure necessary U.S. Fish and Wildlife right-of-way permits to construct new infrastructure hook-ups to STAMP. In 2012, Schumer successfully advocated on behalf of STAMP by calling on the U.S. Army Corps of Engineers to provide necessary wetlands permit assurances so that STAMP's developers could proceed with developing the site.
Previous Article Next Article