Projects, Communities, + People in the News

NY Creates and SCREEN, a Japanese semiconductor company, have agreed to a 10-year, $75 million research partnership at the Albany NanoTech complex. SCREEN has agreed to spend $75 million in the first three years of the research program that will take advantage of the state’s new, $10 billion lithography research center, the High Numerical Aperture Extreme Ultraviolet (High NA EUV) Lithography Center. | The Times Union reports on the partnership here.

Saratoga County’s Industrial Development Agency has agreed to provide $46 million in tax exemptions and incentives as Regeneron plans to renovate the former quad graphics site. The company told the IDA that it will invest $2 billion in the site. The biotech leader tells the agency it will employ one-thousand full timers, with an estimated annual payroll of $48 million. | Read more on WNYT News Channel 13.

New York State Electric & Gas has commissioned two new mobile substations, bringing the total fleet to 24 active mobile substations between NYSEG and Rochester Gas and Electric. The mobile substations will be used to ensure energy reliability for the nearly 1.3 million electric customers across New York. | See more at the Oleans Times Herald.

Riverhead broke ground on its $32.6 million Town Square project - the first visible step in the long-awaited downtown revitalization. The Riverhead Town Square project is the largest effort backed by the state’s Downtown Revitalization Initiative. | Northforker has more on the project.

New York is expanding clean energy education to build a workforce for nuclear power plants. Binghamton University is receiving $200,000 to develop two new nuclear energy classes: Systems Dynamics and Simulation, & Fundamentals of Power Systems. | Read more at WBNG.

Lockheed Martin is moving forward with a $51 million expansion project at its Owego facility. Tioga County IDA says construction is slated to begin before the new year. | See more from Spectrum News 1.

State leaders celebrated a milestone in the construction of a new building at the Albany NanoTech complex. The facility will be home to the nation’s first publicly owned, High NA EUV Lithography Center. | WTEN has the latest here.

Over 4,000 participants benefited in 2025 from workforce development and career exploration programs through workforce partnerships supported by the Genesee County EDC and Genesee Gateway LDC. | Read more at the Batavian.