Teledyne Technologies Incorporated is making a $20-million investment to expand its Edmonton manufacturing facility. Alberta’s government is supporting Teledyne’s investment with a $620,000 grant through the Investment and Growth Fund, helping an expansion of advanced semiconductor manufacturing in Edmonton that’s expected to create 16 permanent full-time jobs and 20 temporary construction jobs.
“Alberta is open for business, and investments like this show why companies choose to grow here. 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.”
Teledyne Technologies Incorporated is a global advanced technology company that established operations in Alberta in 2019. The Edmonton facility designs and manufactures microscopic sensors and components that power many everyday technologies. Its products are used in vehicles to improve safety and driver assistance, in medical and research settings to support diagnostics and cancer research, and in industrial environments to detect hazardous gases and enhance workplace safety. Teledyne’s technology also supports consumer electronics, telecommunications and aerospace systems, enabling reliable sensing and performance in demanding real-world conditions.
“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. 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.”
Teledyne’s expansion will include new wafer processing, inspection and automation equipment as well as facility modifications to expand manufacturing capacity and efficiency at its Edmonton operation.
“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. 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.”
Since 2021, the Investment and Growth Fund has helped leverage more than a billion dollars in private investment while supporting thousands of jobs across the province.
Quick facts
- Alberta’s government continues to strengthen the Investment and Growth Fund, committing almost $28 million in Budget 2026.
- Since fall 2021, the IGF has announced 18 grants supporting over 1,400 permanent full-time jobs and more than 1,770 temporary jobs, with total private capital investment of more than $1 billion.
- The IGF has helped to secure about $30 in private investments for every $1 in IGF funding.