ROCHESTER, N.Y. (WROC-TV) - Governor Cuomo announced on Friday that Ireland-based NEST iON Limited will expand its operations for the first time into the United States and has selected Rochester to establish its new research and development facility.
The company, which produces high-performance lithium batteries, will locate at Kodak's Energy Storage Hub at the Eastman Business Park in the Finger Lakes. Cuomo says the project will result in the creation of at least 17 new full-time jobs over the next three years.
"NEST iON's decision to expand in New York is proof positive that this state is a global business destination and we are proud to welcome the manufacturing company to the United States for the first time," Cuomo said. "With NEST iON's new R&D facility in Rochester, we look forward to the creation of new high-tech jobs, increased activity at the Eastman Business Park, and a stronger regional economy as we continue to move the Finger Lakes Forward."
NEST iON produces high-performance lithium batteries, specifically designed for law enforcement, intelligence agencies and military applications that help increase the performance and efficiency of intelligence equipment. Founded in 2013, the company boasts the highest energy-density batteries available on the market.
Four years ago, NEST iON began working with European law enforcement agencies, and through that collaboration, developed a new type of cell that produces a significant increase in the autonomy and efficiency of the equipment it powers. As a result, Nest iON will create a new pilot production line that will be located at the business park in the Finger Lakes, which is expected to be up and running in the coming weeks.
To encourage the Irish firm to choose New York for its U.S. operations, Empire State Development offered NEST iON a grant of up to $200,000 in return for the company’s investment and the creation of 17 new jobs. The total cost of the project at the East Business Park project is approximately $1.7 million dollars.
Eastman Business Park, a Kodak business, is home to a comprehensive suite of test, validation, prototyping, and pilot manufacturing tools specifically designed to help accelerate innovation out of the lab to high volume manufacturing in the energy storage sector. The Park’s facilities, capabilities and amenities are uniquely positioned to support all energy-related technologies requiring thin film coated electrodes and other components, from batteries to ultra-capacitors to fuel cells to photovoltaics and beyond.
Growing a comprehensive battery and energy storage hub in the region remains a top priority of the Finger Lakes Regional Economic Development Council and the Finger Lakes Forward strategic economic plan.
State Assembly Majority Leader Joe Morelle said, "I am thrilled NEST iON Limited has chosen to leverage the strengths of our community’s second-to-none workforce and the world-class infrastructure assets of the Eastman Business Park. Through this partnership, we will bolster our region’s global position as a leader in innovative energy technology research and development and continue to support the creation of good-paying, high-tech jobs in Rochester. I am grateful to all of our government and community partners for their continued efforts to advance and strengthen our region’s economy."
Monroe County Executive Cheryl Dinolfo said, "Innovative technology is key to a strong economy in Monroe County. We are proud to welcome Nest iON to Eastman Business Park as they join over 70 other companies working to develop next generation technologies right here in our community."
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