GOVERNOR CUOMO ANNOUNCES ENVIRONMENT ONE CORP TO EXPAND MANUFACTURING OPERATIONS IN THE CAPITAL REGION
|For Immediate Release: 1/31/2017
GOVERNOR ANDREW M. CUOMO
State of New York | Executive Chamber
Andrew M. Cuomo | Governor
GOVERNOR CUOMO ANNOUNCES ENVIRONMENT ONE CORPORATION TO EXPAND MANUFACTURING OPERATIONS IN THE CAPITAL REGION
Expansion Will Create 80 New Jobs in Upstate New York
New Facility Will Produce Safe, Ultra Low-Cost Eos Aurora® Battery for Utilities in Partnership with Eos Energy Storage
Governor Andrew M. Cuomo today announced that Environment One Corporation will create 80 new high-tech jobs as part of its expansion of manufacturing operations in the Capital Region. Environment One Corporation, or E/One, which manufactures ALL-TERRAIN SEWERTM systems and critical auxiliary and monitoring equipment for large turbo-generators, will invest $10 million to build a new facility adjacent to its current location in Niskayuna, Schenectady County.
“New York is on the fast track to becoming one of the nation’s key hubs for high-tech innovation and E/One’s exciting plans to expand in the Capital Region continues this momentum,” said Governor Cuomo. “This smart investment will help create jobs and foster innovation in this vital manufacturing sector and continue to grow this region’s economy.”
Recently named Corporation of the Year by the Capital Region Chamber, E/One is a diversified, high-technology company with a focus on the protection and performance optimization of electric utility assets. E/One has established a partnership with Eos Energy Storage, which was founded in 2008 and is dedicated to delivering battery storage solutions that enable safe, reliable, and cost-leading electricity for utilities and their customers. Eos has become a leader in the emerging and rapidly growing energy storage industry.
“The Eos megawatt energy storage product may actually define the electric utility industry’s investment cycle over the next 20 years and E/One, as a fabricator with a tremendous track record in lean manufacturing, further enables Eos to compete in this dynamic global space,” said Eric LaCoppola, President, Environment One Corporation. “We appreciate the support from Governor Cuomo and New York State, and look forward to continued growth in Upstate New York.”
E/One will manufacture the Eos Aurora system, powered by Eos’ proprietary Znyth® (zinc hybrid cathode) battery technology which is the first inherently safe, low-cost, long-lasting aqueous battery. Development of the Eos product was supported by the New York State Energy Research & Development Authority, through collaborative testing with Con Edison of New York, DNV GL, and the New York Battery and Energy Storage Technology consortium at the BEST Test & Commercialization Center in Rochester, as well as an overseas demonstration project with global power producer ENGIE.
“We are gratified to partner with E/One and the Governor’s Office to build manufacturing capability in the Capital Region,” said Eos CEO Michael Oster. “The Eos Aurora and Znyth technology were developed in New York with the support of NYSERDA and will help to strengthen the state’s energy infrastructure while supporting creation of high-technology jobs. By working together, we will help local industry realize its full potential and will make New York State a global player and leading manufacturer of utility-scale energy storage.”
Empire State Development, New York’s chief economic development agency, has offered E/One up to $1.25 million in performance-based Excelsior Jobs Program tax credits, which are tied directly to the creation of more than 80 new jobs over the next five years and the retention of more than 130 existing jobs. The Schenectady County Metroplex Development Authority also will provide a PILOT agreement for the new building. In addition to E/One’s $10 million investment in the new facility, Eos plans to invest $10 million over five years for dedicated equipment to support high-volume battery production.
Empire State Development President, CEO & Commissioner Howard Zemsky said, “Governor Cuomo’s leadership and support for new technology continues to solidify New York’s status as a national leader in advanced manufacturing, leading to new, well-paying jobs in Upstate New York. With a highly-skilled workforce and the lowest tax rates for manufacturers in decades, New York State is a perfect fit for E/One and Eos, and we’re proud to partner with them on this expansion.”
Richard Kauffman, Chairman of Energy and Finance for New York State said, “Under Governor Cuomo’s nation-leading Reforming the Energy Vision strategy, New York has embarked on one of the most ambitious efforts to build a cleaner, more resilient and affordable energy system and create green jobs. The partnership announced today between Eos and E/One to manufacture and assemble cutting-edge battery storage technologies right here in New York reinforces our leadership in lowering carbon emissions and building a clean energy economy.”
Ray Gillen, Chairman of the Schenectady County Metroplex Development Authority said, “We thank Governor Cuomo and his team at Empire State Development for putting together this innovative partnership that will bring E/One and Eos together to develop and build new products at the Niskayuna plant bringing 80 new jobs to Schenectady County.”
Eos is a member of the NY-BEST Consortium, created in 2010 to position New York State as a global leader in energy storage technology. NY-BEST currently has more than 150 members, including manufacturers, academic institutions, utilities, technology and materials developers, start-ups, government entities, engineering firms, systems integrators and end-users. The majority of its members are New York State based entities. NY-BEST serves as an expert resource to energy storage-related companies and organizations seeking assistance to grow their businesses in New York State and is an important connector in establishing a strong energy storage “ecosystem” encompassing all stages of energy storage product development and use.
Senator George Amedore said, “E/One is a strong company leading the way in technology and innovation. I’m glad to see them continuing to invest in our community, and commend the leaders of the company for their confidence in the Capital Region as a great place to continue to expand and create jobs.”
Assemblyman Phil Steck said, “As we transition to a green economy, it is extremely important to site battery storage manufacturing facilities in NYS and certainly in the 110th Assembly District. My congratulations to Governor Cuomo and Environment One Corporation on their new production facility in Niskayuna and Schenectady County. I certainly think of battery storage every time I leave my garage in my Chevy Volt.”
Assemblyman Angelo Santabarbara said, “Investments like this are important for the continued revitalization of our upstate communities. Giving businesses the support needed to invest in 21st Century technology is critical in strengthening the region’s economy and will continue to create more new jobs and bring new opportunities in high tech manufacturing.”
Assemblywoman Mary Beth Walsh said, “Supporting the development and growth of local businesses is critically important to our state’s overall economy. I am pleased with the expansion of the Environment One Corporation in Schenectady County, and applaud the governor for recognizing the need to make an investment that will support continued growth and job creation for the manufacturing industry in the Capital Region.”
Anthony Jasenski, Chairman of the Schenectady County Legislature said, “In this global economy, E/One could be anywhere in the world. We are proud that they are located in Schenectady County. We thank E/One and Governor Cuomo for this investment in our community which will create sixty new jobs and wish E/One many more years of success in here in Schenectady County.”
Niskayuna Town Supervisor Joe Landry said, “We have worked closely with the State and Metroplex to support Environment One Corporation’s expansion plans. I would like to thank Governor Cuomo and Empire State Development for bringing 80 new tech jobs to Niskayuna.”