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Tech Valley News
Vistec Lithography Moves Global HQ to Region
Vistec Lithography Inc., a leading nanotechnology c equipment supplier, has opened its global headquarters and leading-edge manufacturing facility at the Watervliet Arsenal to complement its world-class R&D center at the University at Albany’s College of Nanoscale Science and Engineering (CNSE).
“Vistec Lithography, Inc. is very pleased to now have our global headquarters located at the Watervliet Arsenal. We benefit greatly from the synergies between the UAlbany NanoCollege and its numerous global partners, including academic and research institutions, equipment and supplier companies, and key nanoelectronics manufacturers in the region,” Papken Der Torossian, chairman of Vistec said.
The New York State Assembly provided $30 million in funds toward the relocation of Vistec's global headquarters, research and development, manufacturing and business operations from Cambridge in the United Kingdom to the Arsenal Campus in Watervliet and CNSE's Albany NanoTech Complex.
"This is a great day for the Tech Valley economy. Vistec's success here makes it clear that this region has the capability to attract and support companies that use the latest and most sophisticated technologies,” Assembly Majority Leader Ron Canestrari said. “Vistec's new headquarters and manufacturing facilities are breathing new life into a large building that was previously underutilized at the Watervliet Arsenal. The collaboration between the Arsenal Partnership and the UAlbany NanoCollege, with support from other institutions in the region, is a roadmap for future economic growth and attracting and retaining a highly educated workforce."
As part of the move, Vistec is expected to invest $125 million at the Arsenal Campus and UAlbany NanoCollege, with more than 130 high-technology jobs projected to be created over five years involving Vistec and its supplier network.
“Today is the culmination of a lot of hard work at the local, state and federal levels. If an old, dirty, industrial hulk like Building 125 can be redeveloped into clean room space for high tech manufacturing than I know the Watervliet Arsenal and Tech Valley are on track for a bright future,” U.S. Senator Charles Schumer said.
Vistec is leasing approximately 30,000 square feet of space in the Arsenal's Building 125, where it has transformed a former Arsenal machine shop into a leading-edge high-tech facility with cleanrooms, production space and modern offices. Vistec, the Arsenal Business & Technology Partnership and CNSE worked jointly with M+W Zander, a renowned global architecture, engineering and construction management firm with offices at the Arsenal, to renovate the space into cutting-edge facilities in support of Vistec's next-generation electron-beam lithography technology.
Vistec Lithography produces and develops advanced electron-beam lithography equipment on 200mm and 300mm platforms for applications at the nanoscale level. As one of the world's leading providers of electron-beam lithography systems critical to the future of nanotechnology, Vistec Electron Beam Lithography Group is targeting emerging business applications in nanotechnology, biomolecular, bioelectronics, next generation lithography mask-making, silicon direct-write (defense/aerospace), telecommunications, micro-optics and micromechanics markets, as well as industrial applications in electron-beam direct write and commercial mask writing.
“As one of the world's leading nanotechnology companies, Vistec is among the growing number of international companies to recognize that when it comes to cutting-edge nanoscale research, development and manufacturing, all roads lead to Tech Valley,” Dr. Alain E. Kaloyeros, senior vice president and chief executive officer of CNSE, said.
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