October 20, 2021
Comments Off on Plug Power breaks ground on $290 million facility in Genesee County
Plug Power Inc., the Albany area manufacturer of clean energy processes, broke ground on Wednesday on its $290 million green hydrogen fuel production facility at the Science and Technology Advanced Manufacturing Park (STAMP) in Genesee County. Gov. Kathy Hochul joined ...
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September 1, 2021
Comments Off on Schumer in Genesee County to tout STAMP, green energy investments
U.S. Sen. Charles Schumer visited Genesee County on Wednesday to tout his two-pronged plan to establish the Western New York Science & Technology Advanced Manufacturing Park (STAMP) as a domestic hub for the semiconductor and clean energy industries. Schumer said ...
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June 11, 2021
Comments Off on Senate passage of Innovation and Competition Act could have implications for Rochester region
The U.S. Senate’s passage of the U.S. Innovation and Competition Act could be the blueprint needed to make New York a global innovation and semiconductor hub, U.S. Sen. Charles Schumer said this week. Schumer, a staunch advocate of the state’s ...
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March 18, 2021
Comments Off on Genesee County STAMP site increasing water supply
A $2 million infrastructure project at the 1,250-acre Western New York Science & Technology Advanced Manufacturing Park (STAMP) in Genesee County is expected to increase water capacity at the mega-site by 1 million gallons per day. Completion of the project ...
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March 18, 2021
Comments Off on Plug Power finds accounting errors, shares tumble
Plug Power Inc., the Albany-area fuel cell maker that plans to build a multi-million-dollar facility in Genesee County, this week said it found accounting errors that will result in its restating of financial statements. Shares of company stock (Nasdaq: PLUG) ...
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March 8, 2021
Comments Off on GCEDC accepts application for incentives for new Plug Power facility
The Genesee County Economic Development Center has accepted an initial application for incentives from Plug Power Inc. for its proposed $232.7 million green energy technology facility at the Western New York Science & Technology Advanced Manufacturing Park (STAMP). The project ...
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March 1, 2021
Comments Off on GCEDC to consider Plug Power incentives for new STAMP facility
As part of its plan to locate at Genesee County’s Western New York Science & Technology Advanced Manufacturing Park (STAMP), Plug Power Inc. has requested incentives from the Genesee County Economic Development Center. GCEDC’s board of directors will consider a ...
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February 25, 2021
Comments Off on Plug Power chooses Genesee County site for $290 million investment
Plug Power Inc. has chosen the Science and Technology Advanced Manufacturing Park (STAMP) in Genesee County for its $290 million green hydrogen fuel production facility. The move is expected to create nearly 70 jobs. It is a major win for ...
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February 5, 2021
Comments Off on Plug Power considering Genesee County site for $264 million facility
Plug Power Inc., the Albany area clean energy company that plans to invest $125 million in a new gigafactory in Henrietta, confirmed this week that it is considering a site in Genesee County for a $264 million facility. Plug Power ...
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January 26, 2021
Comments Off on Reports: Samsung considering $17 billion factory in Genesee County
Samsung Electronics Co. is considering investing up to $17 billion to build a chip-making factory in Genesee County, The Wall Street Journal reported Friday. Locations in Arizona and Texas also are being considered. In a statement, Genesee County Economic Development ...
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August 18, 2020
Comments Off on Genesee County mega-site nears shovel-readiness
Construction has begun on a $2 million water line project to the Western New York Science & Technology Advanced Manufacturing Park (STAMP) in western Genesee County. The project will make the STAMP South Campus 100 percent shovel-ready for development. The ...
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August 4, 2020
Comments Off on Schumer touts Genesee County mega site for semiconductor push
U.S. Sen. Charles Schumer visited Genesee County on Friday to tout the Western New York Science and Technology Advanced Manufacturing Park (STAMP) and his three-pronged push to jolt the U.S. semiconductor industry and the Upstate New York economy into high ...
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April 3, 2018
Comments Off on Genesee County EDC changes 2016 operating loss to income in 2017
The Genesee County Economic Development Council this week reported its independently audited 2017 financials. GCEDC finished 2017 with a net operating income of $2.9 million, compared with an operating loss of $574,000 in 2016. Fee revenue in 2018 totaled $2.2 ...
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