Soraa, the world leader in the development of advanced lighting products and gallium nitride on gallium nitride (GaN on GaN™) LED technology, announced today that it will open a new semiconductor fabrication plant in Syracuse, New York. In partnership with the State of New York, the company will construct a new state-of-the-art GaN on GaN™ LED fabrication facility that will employ hundreds of workers. Working in coordination with SUNY College of Nanoscale Science and Engineering (SUNY Poly CNSE), the new facility is on pace for shell completion by the end of this year with production beginning in the second half of 2016. Soraa currently operates an LED fabrication plant in Fremont, California, one of only a few in the United States.
“Central New York’s economic growth is due in large part to high-tech companies like Soraa that recognize the region’s wealth of assets and resources,” Governor Cuomo said. “Today’s announcement not only means economic stability for the region, but it also strengthens Central New York as leader in the development of the clean technology that will help light and power the future.”
“Syracuse is an optimal location for the new fabrication facility for a number of reasons including the innovative high-tech vision and strategy of Governor Cuomo; the ability to attract some of the best and brightest scientists and engineers in the world; and the capacity to tightly control the product quality and intellectual property around our lighting products through our partnership with SUNY Poly CNSE,” commented Jeff Parker, CEO of Soraa. “Since we launched our first product in 2012, global market reception for our high quality of light LED products has been phenomenal and sales have soared. The new facility will significantly increase our manufacturing capacity to meet this growing demand.”
New York State’s investment through SUNY Poly will build and equip an 82,500 square foot state-of-the-art facility and leverage at least $1.3 billion in private sector investment over the next 10 years. In accordance with the Governor’s innovation driven economic development model, no public funds will go to a private company and the facility will be a state asset. Construction is on pace for shell completion by the end of this year with production beginning in the second half of 2016.
Soraa’s move to Central New York allows for the creation of 300 direct, new high-tech manufacturing jobs and 120 research and development support jobs, with Soraa collaborating with SUNY Poly to attract and locate an additional 170 support jobs from Soraa contractors and suppliers at or in the proximity of the facility. These support jobs will be retained for a minimum of five years. Click here (or here for TV-quality) to view a video about the facility and the development of Upstate New York’s high-tech corridor.
Additionally, SUNY Poly is in active discussions with BOCES and other educational partners on developing first of their kind job-training partnerships specific to the advanced technologies being developed and manufactured by the Hub’s anchor tenants. This will provide both the skilled high-tech workforce needed to support these burgeoning industries and career paths for Central New York students.