- Hochul champions infrastructure investment for the region of Western New York.
- Tool Library anchors growth in Buffalo, leading ESD and supported by state commitment to local economic development in Western New York.
Empire State Development provides tax credits for Solstice Advanced Materials R&D…
What happened
Empire State Development is supporting Solstice Advanced Materials Inc.'s research and development expansion in Buffalo through tax credits. The investment includes building a new laboratory for advanced energy storage materials, enhancing toxicological testing facilities, and increasing refrigerant and thermal management research capabilities. Empire State Development is providing up to $1.4 million via the Excelsior Jobs Tax Credit Program.
From areadevelopment.com
Why it matters
The expansion aims to accelerate innovation for critical industries and strengthen Buffalo's role as a center for scientific research. Solstice Advanced Materials stated that the expansion strengthens its proven hub for advancing next-generation solutions from lab to market.
Tool Library anchors growth in Buffalo, supported by a state commitment to local economic development in Western New York, and Governor Hochul champions infrastructure investment for the region.
From areadevelopment.com