ALABAMA, N.Y. — Plug Power Inc.'s decision to become the first tenant in Genesee County's STAMP high-tech park could have ripple effects for the Town of Alabama site.
Latham-based Plug Power has said it will invest $264 million to build a plant that will work in tandem with a similar facility proposed in the Rochester suburb of Henrietta. The Genesee County plant, where construction could start later this year, is expected to employ 62 people earning at least $75,000 annually, according to public documents. The exact size of the plant is still to be determined.
Landing Plug Power — which was regionally courted under the name of "Project Gateway" — could play a significant role in efforts to land a $17 billion Samsung semiconductor plant. The STAMP (Science and Technology Advanced Manufacturing Plant) site is one of five finalists, with the others all in Phoenix and Austin. You can read the full story on Buffalo Business First's website.
