Ireland-based NEST iON Chooses Rochester, New York, For United States Research Center
02/20/2017
The company, which produces high-performance lithium batteries, will locate at Kodak's Energy Storage Hub at the Eastman Business Park in the Finger Lakes. Boris Gragera, CEO of NEST iON said, "The energy storage ecosystem at Eastman Business Park has what we need for this next important phase of our expansion. Home of world-class coating capabilities, the BEST Test & Commercialization Center, and the recently announced Kodak Pilot Cell Assembly Facility, EBP is rapidly becoming a hub for the development of critical next generation battery and energy storage technologies. We are thankful for the support of Empire State Development in establishing a base in Rochester"
"NEST iON's decision to expand in New York is proof positive that this state is a global business destination and we are proud to welcome the manufacturing company to the United States for the first time," Governor Andrew Cuomo said. "With NEST iON's new R&D facility in Rochester, we look forward to the creation of new high-tech jobs, increased activity at the Eastman Business Park, and a stronger regional economy as we continue to move the Finger Lakes Forward."
To encourage the Irish firm to choose New York for its U.S. operations, Empire State Development offered NEST iON a grant of up to $200,000 in return for the company’s investment and the creation of 17 new jobs. The total cost of the project at the East Business Park project is approximately $1.7 million dollars.
Eastman Business Park, a Kodak business, is home to a comprehensive suite of test, validation, prototyping, and pilot manufacturing tools specifically designed to help accelerate innovation out of the lab to high volume manufacturing in the energy storage sector. The Park’s facilities, capabilities and amenities are uniquely positioned to support all energy-related technologies requiring thin film coated electrodes and other components, from batteries to ultra-capacitors to fuel cells to photovoltaics and beyond.
Growing a comprehensive battery and energy storage hub in the region remains a top priority of the Finger Lakes Regional Economic Development Council and the Finger Lakes Forward strategic economic plan, state officials said.
Empire State Development President, CEO & Commissioner Howard Zemsky said, "Under Governor Cuomo’s leadership, global companies are recognizing Upstate New York as a great place to do business. From its educated workforce and affordability to its high quality of life, Upstate has everything that innovative companies, like NEST iON, need to thrive. With a growing cluster of battery and energy storage businesses, the Eastman Business Park is an ideal location for NEST iON and we are proud to support its move from Ireland."
Dolores Kruchten, President of Eastman Business Park and Vice President at Kodak said, "We welcome NEST iON as our 8th company focused on energy storage. “Rochester is becoming a national hub for battery innovation and production, expanding the applications for Kodak coated films. We are pleased that our expertise and equipment in roll to roll manufacturing is being used to support new energy storage technologies that are changing the world. Kodak’s capabilities, in conjunction with those of others, built in Eastman Business Park, have allowed the creation of energy storage ecosystem to facilitate research, development and production all in one location."
Project Announcements
Tecumseh Products Company Expands Verona, Mississippi, Manufacturing Operations
11/22/2024
IQE Expands Greensboro, North Carolina, Manufacturing Operations
11/22/2024
DAQA Establishes New Orleans, Louisiana, Operations
11/21/2024
Aerostar Expands Mobile, Alabama, Operations
11/20/2024
Four States Bank Establishes Carthage, Missouri, Headquarters
11/20/2024
Gifthealth Expands Columbus, Ohio, Distribution Operations
11/20/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
How Automation Is Actually Closing the Labor Gap
Q4 2024
-
The Role of Rail in Industrial Development
Q4 2024
-
Hydrogen Industry in Canada: A Global Leader in the Clean Energy Revolution
Q3 2024
-
Exploring the Dynamic Landscape of Industrial Packaging Solutions
Q3 2024
-
Which AI Tools Work for Job Recruiters?
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024