Teledyne Technologies is expanding its manufacturing facility in Edmonton.
The California-based industrial conglomerate is pouring $20 million, alongside a $600K grant from Alberta’s Investment and Growth Fund, to expand its advanced semiconductor manufacturing facility.
“Our expansion in Edmonton is a vote of confidence in the region’s talent and innovation ecosystem, creating high-value jobs and opening new opportunities for long-term economic growth,” commented Steve Bonham, plant manager for Teledyne MEMS Edmonton.
The Edmonton facility designs and manufactures microscopic sensors and components that power everyday technologies.
Products from Teledyne include digital imaging sensors, monitoring and control instrumentation for marine and environmental applications, electronic test and measurement equipment, aircraft information management systems, and satellite communication subsystems.
“We are grateful to the Government of Alberta for its trust and to Edmonton Global for its unwavering support as we continue to build a culture of excellence and fuel our next phase of growth,” Bonham stated.
Teledyne’s Edmonton expansion will include new wafer processing, inspection, and automation equipment, as well as facility modifications to expand capacity and efficiency of operations.
The project is expected to create 16 permanent full-time jobs and 20 temporary construction jobs.
“Teledyne’s decision to invest in its Edmonton MEMS Foundry underscores the region’s strength as a location for mission-critical, high-reliability advanced manufacturing,” said Daryn Edgar, chief executive officer of Edmonton Global, a foreign direct investment and international business development agency.
“This expansion reflects the confidence global technology leaders have in the Edmonton region’s technical talent, industrial infrastructure and supportive investment environment, and reinforces our role as a hub for precision manufacturing and innovation,” he stated.
Since 2021, the Investment and Growth Fund has helped leverage more than a billion dollars in private investment.
“Alberta is open for business, and investments like this show why companies choose to grow here,” remarked Joseph Schow, Minister of Jobs, Economy, Trade, and Immigration.
“Through the Investment and Growth Fund, we are helping close the deal on high-impact projects that create jobs, grow our economy, and strengthen Alberta’s advanced manufacturing sector,” Schow stated.
Founded in 1960, Teledyne Technologies established operations in Alberta in 2019.
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