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NYS Manufacturing and Tech News 6.22.20

Zachary Sauro FuzeHub Blog 0 Comments

Finger Lakes Textiles gets $15,000 grant through FuzeHub, extension of NY MEP

“FuzeHub, the statewide center for the New York Manufacturing Extension Partnership (NY MEP), announced it has awarded $15,000 in grant funding to Finger Lakes Textiles (FLT), an inclusive textile and knitting factory and a division of Mozaic, to help it expand and accelerate its manufacturing of face masks to prevent the spread of COVID-19.”

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Plug Power acquires two companies, boosts revenue projections

“Plug Power has acquired United Hydrogen Group and Giner ELX, prompting the Latham fuel cell maker to increase 2024 revenue projections from $1 billion to $1.2 billion.”

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GlobalFoundries to acquire land adjacent to Malta site

“GlobalFoundries, the world’s leading specialty foundry and the leading U.S. pure-play manufacturer of semiconductors, announced earlier this week that it has secured a purchase option agreement for approximately 66 acres of undeveloped land adjacent to its local facility, Fab 8, near the Luther Forest Technology Campus in Malta.”

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As labs reopen, Rochester researchers adapt to COVID-19 precautions in innovative ways

“University of Rochester researchers are adapting to social distancing and other COVID-19 preventive measures as they reopen their labs and research facilities after an eight-week shutdown. In doing so, they are discovering that some of the adaptations are actually an improvement over what they were doing before.”

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A new grant hopes to boost small business in Oneida County

“Oneida County and Mohawk Valley EDGE are introducing a new micro-grant program to help existing and start-up micro-businesses to jumpstart the economy’s restart after the COVID-19 pandemic.”

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