COLONIE — Plug Power has decided to go to the Rochester area to build its new $125 million hydrogen fuel cell "gigafactory" that would eclipse its current factory in Latham as its largest manufacturing facility.
The decision is a blow to the Capital Region, which had hoped to land the factory, expected to be one of the largest fuel cell factories in the world making the proton exchange membrane technology that is used in Plug Power's fuel cell stacks.
The factory, which will be built in the town of Henrietta in Monroe County, is expected to employ 377 people.
Plug Power makes fuel cells used in fork lift trucks, but it also has new products in development for on-road vehicles and drones.
The state will give Plug Power $13 million in tax credits for placing the factory in New York state. Other states were also likely in the running.
0 Response to "In blow to Capital Region, Plug Power picks Rochester for fuel cell gigafactory - Times Union"
Post a Comment