GE Vernova to invest $22 million in New York facility
“Global energy company GE Vernova has announced plans to invest $22 million in its Schenectady, N.Y., facility to allow for manufacturing of H65 and H84 generators. The expansion is expected to create more than 150 jobs.”
‘Coolest Thing Made In NY’ Competition Accepting Nominations
“The competition is open to all products that are created in New York, even if a company is headquartered elsewhere.”
NY Ventures invests $1M in PostProcess Technologies’ Series C funding
“NY Ventures, a programme of Empire State Development, has placed its fourth investment in PostProcess Technologies Inc, Buffalo, New York. NY Ventures’ decision to make an additional investment in PostProcess Technologies is said to reflect its commitment to fostering technological innovation and driving economic growth within the state of New York.”
New York to launch application process for $500 million green chips community fund
“New York will launch an online portal next month for organizations to apply for grants from a $500 million fund designed to benefit communities surrounding Micron Technology Inc.’s planned semiconductor megafab in Clay.”