Empire State Development Blog

Find the latest news on economic development in New York State

We feature stories of innovative businesses that are making New York their home, plus offer updates on economic activity and development from around the state.

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Public Notice

Tuesday, January 19, 2021 - 5:30pm
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Public Notice

Tuesday, January 19, 2021 - 5:30pm
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Public Notice

Tuesday, January 19, 2021 - 5:30pm
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Public Notice

Tuesday, January 19, 2021 - 5:30pm
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Public Notice

Tuesday, January 19, 2021 - 5:30pm
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Public Notice

Tuesday, January 19, 2021 - 5:30pm
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Press Release

Tuesday, January 19, 2021 - 10:00am
$125 Million Project Will Create Almost 380 New Jobs; Company Will Build State-of-the-Art Facility in the Town of Henrietta Due to State Support NYS Investment Complements "Finger Lakes Forward" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Andrew M. Cuomo today announced that leading alternative energy technology provider Plug Power Inc. will establish a $125 million Innovation Center in New York State creating 377 new jobs. The center, located in the Town of Henrietta, Monroe County, will be the first world's first Gigafactory for Proton Exchange Membrane technology. The company will use this facility to manufacture hydrogen fuel cell stacks and electrolyzers. The fuel cell stacks are used in its ProGen hydrogen fuel cell engines, which are used to power a variety of electric vehicles including material handling equipment, on-road commercial fleet vehicles, and drones.  The electrolyzers are utilized in the generation of green hydrogen from renewable electricity.  Renovation work on the facility located, at 1025 John Street, will begin in the first quarter of 2021 with manufacturing expected to begin in mid-2021.The company's decision to expand operations and continued investment and job creation in New York is supported by Empire State Development, which is providing $13 million in Excelsior Tax Credits for this major project. Monroe County, Rochester Gas and Electric and Greater Rochester Enterprise are also assisting with the project. "For years, Plug Power has been a critical partner in helping move both the state and nation towards a cleaner, greener future, as well as in helping strengthen local economies and create jobs," Governor Cuomo said. "The company's continued investment and expansion in the Finger Lakes region is truly a testament to their commitment to this effort. This state-of-the-art Innovation Center will not only further establish New York a center for green energy excellence and create hundreds of jobs, but also play a key role in helping reach the goals set forth in our nation-leading climate and clean energy agenda." Read the full press release here.
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