A global hub for the development, commercialization, and production of electronics

Join the companies leading the industry and take advantage of our highly skilled research and development workforce

Kevin Catalano
Senior Vice-President & Director of Commercial Lending

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The advanced electronics and nanotech industry in Albany County is home to companies focused on power electronics, wafer processing & manufacturing, lithography tooling, compound semiconductor research & applications, data analytics, artificial intelligence and nanomedicine. For more than a century our region has been focused on the research, development, and production of some of the nation’s leading technologies.

In 2021, GLOBALFOUNDRIES, the global leader in feature-rich semiconductor manufacturing, announced today it would relocate its headquarters to Malta, NY, just 30 minutes outside Albany. Albany is home to The Albany NanoTech Complex, a fully-integrated research, development, prototyping, and educational facility that provides strategic support through outreach, technology acceleration, business incubation, pilot prototyping, and test-based integration support for onsite corporate partners.

By locating your electronics business to our region you will join an esteemed community of technology industry leaders.

Economic Highlights
  • 1 in 6 semiconductor device patents with domestic inventors awarded by the USPTO listed at least one Capital Region inventor 
  • 1 of less than 50 metro areas where private businesses spend more than $1B on R&D 
  • Named by Brookings the 3rd Leading Potential Innovation Growth Center in U.S.