Eaton awarded $20M contract to support NY CREATES facility in New York

Eaton (ETN) announced a contract valued at approximately $20M to help support the construction of the New York Center for Research, Economic Advancement, Technology, Engineering and Science’s new NanoFab Reflection semiconductor research and development facility at its Albany NanoTech Complex. Featuring a 50,000 square-foot cleanroom, the initiative will significantly expand the non-profit organization’s capabilities by providing an environment to further the research, development and commercialization of essential computer chip technology. The project, expected to be complete in 2026, is partially funded by New York State, NY CREATES, its industry partners and the $52B U.S. CHIPS & Science Act.