EMPIRE STATE DEVELOPMENT ANNOUNCES 43 MORE COMPANIES CHOOSE TO GROW IN NEW YORK STATE AND COMMIT TO CREATING 640 NEW JOBS
For Immediate Release: Thursday, February 23, 2017
Contact:
Jason Conwall | Jason.Conwall@esd.ny.gov | (518) 292-5107 | (800) 260-7313
ESD Press Office | PressOffice@esd.ny.gov | (800) 260-7313
EMPIRE STATE DEVELOPMENT ANNOUNCES 43 MORE COMPANIES CHOOSE TO GROW IN NEW YORK STATE AND COMMIT TO CREATING 640 NEW JOBS
Empire State Development today announced that 43 businesses will expand in or locate to New York State, partnering with colleges and universities to spur economic growth across the state. These 43 businesses have committed to create more than 640 new jobs and invest more than $15 million statewide.
“From life sciences to advanced manufacturing, industrial engineering to green-tech, more and more companies are finding New York State is a great place to grow their business,” said Empire State Development President, CEO & Commissioner Howard Zemsky. “These 43 companies will create hundreds of jobs for New Yorkers in dynamic, innovative industries while generating millions in revenue for local economies throughout the state.”
“The business partnerships SUNY colleges and universities have cultivated as a result of this program continue to bring academic and research benefits to our students, faculty, and staff while also driving economic development in every region of the state,” said SUNY Chancellor Nancy L. Zimpher. “Congratulations to each of the SUNY colleges and universities welcoming new business partners as a result of today’s announcement.”
These businesses will create jobs in key industries, including: biotechnology; craft beverages; computer/information technology; data processing and hosting; industrial electronic engineering; green technology; high technology; imagining/optics; life sciences; manufacturing; research and development; software development; value added processing; and agribusiness and food processing.
The 43 companies announced today are sponsored by the following New York State colleges and universities: Broome County Community College; Clinton Community College; Dutchess County Community College; Erie Community College; Hudson Valley Community College; Mount Saint Mary College; New York University; Schenectady County Community College; SUNY Albany; SUNY Cobleskill; SUNY Downstate Medical Center; SUNY Plattsburgh; University at Buffalo; and University of Rochester.
The following businesses have joined START-UP NY:
Schenectady County Community College – 31 new jobs
Elysium Industries Limited is a Canadian research and development firm that aims to produce safe, cost-effective, and carbon conscious energy through the development of liquid fueled, molten salt reactors. Elysium will design, test, manufacture, and commercialize molten salt reactors to cater towards corporations and governments with intensive energy needs. The company will create 12 net new jobs and invest $500,000.
Update Captain is an existing high-technology, cloud-based software-as-a-service company that provides solutions for businesses to work more collaboratively and efficiently on team projects. Update Captain’s technology is designed to remove the busy work of collating and rewriting information by providing a simple platform for group members to collaborate and significantly reduce the time it would typically take to get a job done. The company will create 19 new jobs and invest $45,000.