Company Will Support the Completed Project with the Creation of More Than 30 New Jobs; Retention of More Than 180 Positions
Supporting ON Semiconductor's Continued Success Complements "Finger Lakes Forward" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy
Governor Andrew M. Cuomo today announced that ON Semiconductor, a leading supplier of semiconductor-based solutions, has officially opened its expanded test and assembly facility at Eastman Business Park in Rochester. As part of the expansion, the company plans to create up to 34 new jobs at the facility over the next two years, in addition to 185 jobs that will be retained. The site develops and manufactures image sensor devices for commercial, industrial and professional imaging applications, including machine vision, surveillance, traffic monitoring, medical and scientific imaging, and photography. ON Semiconductor is also home to the innovative American Institute for Manufacturing Integrated Photonics Headquarters and its Test, Assembly and Packaging facility, which is slated to open later this year.
"Our efforts to breathe new life into Rochester's Eastman Business Park are working, and the completion of the test and assembly operations project is a major step forward for the entire region," Governor Cuomo said. "New York's investments in economic and community development are enticing businesses to startup, expand and grow throughout Upstate, and with the opening of the expanded ON Semiconductor facility, we look forward to creation of new jobs for men and women throughout the Finger Lakes."
"Businesses like ON Semiconductor are bolstering the reputation of Rochester as a target area for high-tech investment," said Lieutenant Governor Kathy Hochul, who took part in today's ribbon cutting event. "There is an enthusiasm throughout the City and the region that is contagious. Our economic investments have built new buildings and provided new job opportunities for residents of the Finger Lakes region. Most importantly, the Finger Lakes Forward strategy has brought back hope. I thank ON Semiconductor for their investment and continuing to believe in the Rochester community."
ON Semiconductor is focused on energy efficient innovations in an effort to reduce global energy use. The company operates a network of manufacturing facilities, sales offices and design centers which are located in key markets throughout North America, Europe, and in the Asia Pacific region. The company offers a comprehensive portfolio of over 80,000 devices utilized in computing, consumer, industrial, medical and military/aerospace applications. Custom devices focus on and range in energy efficiency, power management, analog, sensory, logic, timing, and connectivity.
Empire State Development is supporting the company's growth in New York State with a $4.3 million Finger Lakes Forward Upstate Revitalization Initiative Grant. The company will also receive $1.7 million through the Excelsior Jobs Tax Credit Program in exchange for job creation commitments. The total cost of the project is approximately $6.6 million.
This project builds on and continues the success and rebirth of the Eastman Business Park in Rochester. EBP, the site where Kodak began manufacturing photographic film and paper more than a century ago, has been revitalized to support the growth of the manufacturing industry throughout the region. Today, the campus supports more than 100 companies, employing over 6,000 people. Besides ON Semiconductor and AIM Photonics, businesses such as Kodak, DuPont, SiGNa Chemistry, Harris, Carestream, Columbia Care, Ortho Clinical Diagnostics, LiDestri Food & Drink, Love Beets, and Acquest Development all call EBP home.
On Semiconductor Executive Vice President and Chief Operating Officer Bill Schromm said, "Manufacturing is a core competency for ON Semiconductor and the majority of ON Semiconductor's manufacturing operations are done internally through the company's industry leading cost structure. This expansion is important to our company as it significantly increases our assembly capacity at the ON Semiconductor Rochester location."
ON Semiconductor Rochester General Manager Michael Miller said, "Not only is the screen on your smart phone or TV likely inspected with image sensors manufactured at the Lake Avenue site, but image sensors manufactured at this facility are also on the surface of Mars, orbiting Jupiter and the Moon, and used in commercial satellites that monitor the Earth's surface. This expansion would have not been possible without the support and grant from Empire State Development and their willingness to partner with us. We owe them a debt of gratitude, thank you Governor Cuomo."
Industrial Solutions Division General Manager Herb Erhardt said, "Rochester is known for its innovations in digital imaging including the design and development of state-of-the art image sensors over the past decades. Assembly and test has always been a key part of the equation and as the resolution and complexity of the sensors continues to increase, these operations have become critical. The increased level of capability and capacity enabled by this expansion is our answer to meeting these critical market needs and the fact that we are doing it here in Rochester speaks to the capabilities of the teams we build here."
Empire State Development President, CEO & Commissioner Howard Zemsky said, "High-tech companies like ON Semiconductor recognize the highly skilled workforce that can be tapped into in the Finger Lakes. ON's Eastman Business Park expansion is yet another great addition to the innovation ecosystem being established in the region."
Finger Lakes Regional Economic Development Council Co-Chairs, Monroe Community College President Anne Kress and Greater Rochester Chamber of Commerce President and CEO Bob Duffy said, "The revitalization of Eastman Business Park and assisting innovative companies like ON Semiconductor are top priorities for the FLREDC and the region's Finger Lakes Forward Initiative. The locally crafted economic development plan has put the region on the right path, providing this innovative company with the confidence it needs to expand and grow in Rochester."
Senator Joe Robach said, "As companies continue to look to call Eastman Business Park home and increase their existing operations and footprint, today's announcement that ON Semiconductor have completed their expansion here in Rochester is a positive one for the future of our region. With this increase of their testing and assembly capabilities, ON Semiconductor is another example that Eastman Business Park and the Rochester region is once again on forefront of technological innovation."
Assembly Majority Leader Joe Morelle said, "The official opening of ON Semiconductor continues to build on the economic momentum we have worked so hard to create and further underscores the rebirth of Eastman Business Park as a global destination for industry leading high-tech companies. Most importantly, this announcement means the creation of good-paying, high-tech jobs that will enable families in our community to succeed and thrive for many years to come."
Monroe County Executive Cheryl Dinolfo said, "We are thrilled to see ON Semiconductor expand their operations, grow local jobs, and increase their investment at our Eastman Business Park. The continued success of job-creating companies at EBP is just the latest sign that Monroe County is open for business."
Rochester Mayor Lovely Warren said, "I want to congratulate ON Semiconductor for its expansion in Eastman Business Park. The success of this business is welcome news as it moves Rochester even closer to becoming the Photonics capital of the world. I am grateful to Governor Cuomo and Empire State Development for making this expansion possible through Finger Lakes Forward and helping us achieve our goals of creating more jobs, safer, more vibrant neighborhoods and better educational opportunities for our citizens."
For additional information about ON Semiconductor, click here.
Accelerating Finger Lakes Forward
Today's announcement complements "Finger Lakes Forward," the region's comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $5.2 billion in the region since 2012 to lay the groundwork for the plan - investing in key industries including photonics, agriculture and food production, and advanced manufacturing. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Rochester, Batavia and Canandaigua as a destination to grow and invest in.
Now, the region is accelerating Finger Lakes Forward with a $500 million State investment through the Upstate Revitalization Initiative, announced by Governor Cuomo in December 2015. The State's $500 million investment will incentivize private business to invest well over $2.5 billion - and the region's plan, as submitted, projects up to 8,200 new jobs. More information is available here.
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