The governor made the announcement Wednesday at Eastman Business Park.
“This marks a transformative moment for Rochester that will fuel economic growth, create jobs, and further secure this region’s place as the photonics capital of the nation,” Gov. Cuomo stated.”By bringing this proven nanotechnology-driven economic development model to Rochester, we are attracting big businesses, and building a thriving 21st century economy. Major investments like this are driving our momentum, as we ensure that the economic resurgence continues in Upstate New York.”
According to Cuomo, both companies will locate their advanced development, prototyping, and early manufacturing operations at Canal Ponds Office Park’s cleanroom facilities, and then, in the next phase, move their manufacturing operations to Eastman Business Park.
Avogy is a company that develops high efficiency, low cost power electronics such as cell phone chargers and laptops, and will be moving its operations to Rochester from Silicon Valley.
Photonica currently manufactures next-generation visual and display technologies, through its world-wide operations, the state said, and currently works closely with the Navy and Air Force, as well as consumer electronics and semiconductor manufacturers.
Both companies will locate their headquarters and business operations at SUNY Poly’s recently announced photonics headquarters at Legacy Tower.
The state will invest $75 million in the projects.
“Once again our great partner in the fight for job creation, Gov. Cuomo, has come to Rochester with good news,” Mayor Lovely Warren stated. “Today’s announcement is in fact great news for every corner of our city, because 1,400 new, good-paying photonics jobs will change the outlook for 1,400 families in Rochester.”
Visit https://www.youtube.com/watch?v=1oxIQE7FT44&feature=youtu.be, or click on the link below, to view the governor’s full announcement.