WNY STAMP

Press release:

Silicon wafer manufacturer 1366 Technologies (“1366”) today announced it has received a $10 million investment from the Hanwha Investment Corp., one of Korea’s leading private equity/venture capital firms with more than $500 million under management. The funds will be used toward the construction of 1366’s first large-scale commercial factory, scheduled to be online in 2017.

“Our Direct Wafer™ technology represents one of the most significant manufacturing innovations in solar, with the potential to propel the industry forward and deliver dramatic cost advantages,” said Frank van Mierlo, CEO, 1366 Technologies. “We are thrilled that Hanwha Investment Corporation, with its deep expertise in and understanding of the manufacturing industry, has invested.

"It is a tremendous validation of our commercialization plans, and a clear signal that we’re poised to disrupt the $10 billion and growing silicon solar wafer market.”

“Hanwha Investment Corporation actively seeks out companies with groundbreaking technologies that transform industries. In just a short period of time, 1366 has moved from proof of concept to commercial-ready technology, achieving technical milestones steadily and rapidly. We believe the 1366 team is well positioned for commercial success,” said Woojae Hahn, president and CEO, Hanwha Investment Corporation.

1366’s Direct Wafer technology is a transformative manufacturing process that offers significant advantages over traditional cast-and-saw wafer production technologies. The process makes wafers in a single step, pulling them directly from molten silicon instead of today’s multi-step, energy- and capital-intensive approach, resulting in significant wafer production cost savings.

CLARIFICATION: We were asked to clarify a prior report that said the Hannah company that is purchasing solar wafers and the Hannah company making the investments in 1366 are the same company. While related, they are not the same company and operate independently.

Press release:

Hanwha Q CELLS Co., Ltd., (“Hanwha Q CELLS”) (NASDAQ: HQCL) and 1366 Technologies, Inc., (“1366”) today announced that they have entered into a supply agreement in which 1366 will supply up to 700 MW of wafers using 1366’s proprietary Direct Wafer™ technology to Hanwha Q CELLS over a five-year period.

This deal follows a year-long strategic partnership and collaborative R&D efforts to commercialize 1366’s Direct Wafer™ technology with Hanwha Q CELLS’ Q.ANTUM cell technology. 1366 will supply the wafers from its planned U.S. manufacturing facility in New York State, scheduled to be online in 2017.

The agreement ensues months of intense technical collaboration between the two companies during which a series of performance records for the Direct Wafer™ technology were achieved. Hanwha Q CELLS and 1366 jointly reached a maximum efficiency of 19.1% using Direct Wafer™products in Hanwha Q CELLS’ Q.ANTUM cell, as independently verified by the Fraunhofer ISE.

“This agreement with one of the world’s most respected and innovative solar manufacturers is, no doubt, a significant milestone for our business. It further demonstrates the compelling capabilities of the Direct Wafer™ technology and the readiness of this innovation, and establishes its long-term bearing on the industry,” said Frank van Mierlo, CEO of 1366 Technologies. “We’ve found a strong partner, Hanwha Q CELLS, and we are extremely proud of the work we’ve accomplished together.”

“This agreement aligns with our continuing efforts to bring about world leading technologies that enable solar energy to be more competitive and more affordable,” commented Seong-woo Nam, CEO of Hanwha Q CELLS.  “We are pleased with the progress we have made together during the past year and excited about the potential of 1366’s Direct Wafer™ products with Hanwha’s cell and module technologies to deliver further cost reductions and LCOE competitiveness to standard multi-crystalline wafer-based modules.”

Provided that 1366 meets certain terms and conditions related to its wafer qualification and timing of delivery as agreed by both parties, Hanwha Q CELLS’s commitment to purchase up to 700 MW of wafers over a period of five years will commence.

1366’s Direct Wafer technology is a transformative manufacturing process that offers significant advantages over traditional cast-and-saw wafer production technologies. The process makes wafers in a single step, pulling them directly from molten silicon instead of today’s multi-step, energy- and capital-intensive approach, resulting in significant wafer production cost savings.

Hanwha Q CELLS' Q.ANTUM technology is based on PERC (Passivated Emitter Rear Cell) architecture and includes many additional technological features for maximum energy yield under real conditions. Q.ANTUM significantly enhances power output, low-light and temperature-behavior, while at the same time offering all of Hanwha Q CELLS' VDE certified quality standards like Anti-PID protection, Hot-spot protect, and Tra.Q laser marking.

Additional Note: Hanwha was part of a Series C funding round in 2010 that raised $20 million in venture capital to back 1366 Technologies. It was announced at that time that Hanwha planned to become a 1366 customer once production began. The latest available information online indicates that 1366 has raised more than $70 million from private investors.

When the 1366 Technologies plant opens in Alabama in 2017, it will be profitable on the first day of operation, Brian Eller, VP of manufacturing, revealed today during the annual meeting of the Genesee County Economic Development Center at Batavia Downs.

The solar wafer manufacturer has recently completed contracts with solar panel manufacturers that will fulfill orders for 60 percent of plant's production capacity, Eller said.

"This is part of the steady, deliberate process," Eller said. "We keep knocking them off to reduce the risk to the business, because if you sell everything before you start, then you execute, you don't have to go to market and figure out your market."

Eller was the keynote speaker for the annual meeting, which was attended by more than 350 people.

During his 20-minute presentation, Eller described the methodical approach 1366 Technologies has taken to build its business and the foundation for success. It's a classic start-up model: Begin with a prototype product and get it to market and see how it does, concentrate on a single product, then target a niche of customers, then scale your production once you're ready to reach a market with the potential to achieve substantial returns on investment.

The company was founded in 2008 in Bedford, Mass., where it set up a small, prototype plant to test its proprietary process for manufacturing silicon wafer chips for solar panels. That plant has produced and the company has sold thousands of wafers.

With the process established, 1366 began looking for a site appropriate for its business, settling on Alabama and GCEDC's STAMP project because of the promising local workforce, proximity to universities and the availability of clean, hydro energy.

"One of STAMP's strengths is the talent pool in the region," Eller said. “You know, the thing about changing the world is you need skilled people around you."

The company is planning a $700 million investment in its new facility, to be constructed on about 8 percent of the 12,500-acre WNY Science and Technology Advanced Manufacturing Park. STAMP is the brainchild of Steve Hyde, CEO of GCEDC. The center is assisting in the project with tax abatements worth a potential $97 million over 10 years. The state and federal government have also pledged millions for infrastructure at the project site, which GCEDC and regional economic development agencies are working to fill with other high-tech manufacturers.

When the plant is at full capacity -- producing enough wafers each year to provide three gigawatts of electricity -- it will employ 1,000 people. In the near term, 1366 will hire 150 people, though Eller said there isn't a timeline on the hiring process yet. The company is still in the process of hiring consultants, planners, architects and engineers.

Eller did promise the development process will be public and transparent and that all who compete for contracts on the project will do so on a level playing field.

Eller is full of confidence that 1366 will revolutionize solar technology.

"Our process slashes the cost of making the wafer in half and in doing so drastically reduces the cost of solar energy," Eller said. "Those reductions, well, they accelerate adoption. We believe solar will be ubiquitous. It will displace coal as the cheapest fuel source on the planet."

The current process, which the industry has used for nearly four decades, requires multiple steps, using several machines and takes days. The 1366 process involves one machine that will produce a new wafer every 20 seconds.

The technology was developed at the Massachusetts Institute of Technology. Instead of cutting and grinding solar ingots into flat wafers, which takes energy and produces waste, the 1366 process melts the silicon and floats it into thin layers that harden into silicon wafers.

Eller compared it to the Pilkington float glass process developed in the 1950s and still the process used today for manufacturing flat glass.

"Manufacturing process innovations like ours have true staying power," Eller said. "They simply don’t come along every day."

The solar industry is booming the world over.

Last year, 59 gigawatts of new solar capacity was brought online. That's the result of 240 million solar panels being produced. Eller said that's a big number, so to help understand it, he said, that's more electrical capacity than needed for a year by the entire State of New York.

"We make the most expensive part of the solar panel for half the cost," Eller said. "That was a hard problem to solve, but we've done it. Now we're free to pursue an $8 billion and growing solar market without distraction."

Eller acknowledged that there has been some bad news in the solar industry in recent years, with companies going under or changing directions, but Eller said the slow and deliberate process 1366 has pursued to build the company puts it in a position to succeed.

"The industry consists of exceptional businesses, both established and new, that are efficient, innovative and motivated," Eller said. "To be young in solar is not without its challenges and we are aware of other companies in solar that struggled to compete globally, focused on the wrong technologies or just simply scaled too quickly," Eller said. "We are focused on bringing a highly innovative product to market with deliberate and steady progress."

CLARIFICATIONS:

The folks at 1366 asked us to clarify, by "Day 1," they mean when the first plant is at full production, not the day the plant doors open. There will be a three- or four-month ramp up period to bring the plant up to production levels, which includes hiring and training workers.

Also, in reference to the amount of power from last year's productions of solar panels, we misunderstood.  It's not enough electricity to power of all of New York. It's enough for all New York households.

For prior coverage of 1366 Technologies, click here.

Above, silicon nuggets. Silicon is produced from super heating silica, commonly found in sand, but also found in clay and rock (it's the most common mineral on the planet). When 1366 started to develop its process, silicon was still not a common wafer ingredient, but now 90 percent of all solar wafers manufactured today use silicon.

Sen. Mike Ranzenhofer (above) and Assemblyman Steve Hawley (below) both spoke briefly and praised and thanked each other for their united effort to help provide the legislative support to bring 1366 to STAMP.

Steve Hyde.

Ray Cianfrini, chairman of the Genesee County Legislature.

GCEDC presented an Economic Development Award to the Batavia Development Corp., represented by Ray Chaya, the City of Batavia, Eugene Jankowski, and the Town of Batavia, Patti Michalak. Steve Hyde, back row, and GCEDC Board Chairman Paul Battaglia to the right.

Press release:

Brian Eller, COO of 1366 Technologies, the Massachusetts-based solar company and first tenant of the Town of Alabama's STAMP (Science & Technology Advanced Manufacturing Park), will be the featured speaker at the annual meeting of the Genesee County Economic Development Center (GCEDC) on Friday, March 4, at Batavia Downs.

Registration and networking begins at 11:30 a.m. and the event will conclude at approximately 1:30 p.m.

Other speakers include: 

·         New York State Senator Michael Ranzenhofer;

·         New York State Assemblyman Stephen Hawley;

·         Genesee County Legislature Chairman Raymond Cianfini;

·         Tom Kucharski, president and CEO, Buffalo Niagara Enterprise; 

·         Paul Battaglia, GCEDC Board chairman; and,

·         Steve Hyde, president and CEO of the GCEDC

“We are excited to welcome Brian Eller of 1366 Technologies to speak at our annual meeting as the company invests its capital and resources right here in Genesee County, which is expected to create approximately 1,000 new jobs,” said Steve Hyde, GCEDC president and CEO.

“We look forward to celebrating the future economic impact of 1366 Technologies in our region, as well as recognizing our many public and private sector partners who have made played a critical role in helping us grow our local economy within the past year.”  

The GCEDC will unveil its 2015 report and announce the recipient of the annual Economic Development Partner of the Year Award.

Tickets cannot be purchased at the door, and seating is limited. For more information or to register please contact Rachael Tabelski at 585-343-4866or at rtabelski@gcedc.com.

Press release:

The Genesee County Economic Development Center and 1366 Technologies have developed an online intake form for local companies interested in pursuing potential supply chain/operational opportunities. The 1366 Technologies solar wafer manufacturing facility will be constructed in the town of Alabama and is scheduled to open in 2017.

“There is a tremendous amount of talent and skill in the Genesee County area. We’re excited to begin the process of identifying those companies across the region that will contribute to the success of our project and our operations in Alabama,” said Brian Eller, COO, 1366 Technologies.

The form can be accessed atwww.1366tech.com or www.wnystamp.com.

“The exciting thing about economic development is not only the direct jobs created by companies like 1366 Technologies, but the indirect jobs that are created through supply chain opportunities,” said GCEDC President and CEO Steve Hyde.

informANALYTICS, an economic development software tool, calculated that approximately 1,600 indirect jobs will be created. The overall economic impact of the direct, indirect and induced jobs is expected to be in the range of $1.5 billion.

One of the ways in which 1366 Technologies will conduct outreach to the supply chain network is through the marketing and business networking assistance of Buffalo Niagara Enterprise (BNE) and Greater Rochester Enterprise (GRE), both of which played a key role in attracting the company.

“Because of the highly skilled and talented workforce in the Finger Lakes and Western New York regions, 1366 Technologies is not going to have any problems finding the right partners to make their operations in New York State a tremendous success,” said Mark S. Peterson, president and CEO of GRE.

“The launch of the 1366 Technologies intake form provides great opportunities for Western New York companies and their employees to capitalize on this exciting high tech industry,” said BNE President and CEO Thomas A. Kucharski. “It also reinforces the longer term value of our economic development efforts by reminding us that 1366 Technologies’ economic impact extends well beyond their initial investment and job creation. That benefit will continue to grow with the success of this great company in our region.”

After the questions, concerns, challenges and outright objections to 1366 Technologies coming to the Town of Alabama to build silicon wafers to capture the energy of the sun, resident Dave Dunn said, "I think we've all forgot one thing here tonight: Thank you for coming here."

That statement drew a round of applause from most of the 75 or so people who attended the public hearing Tuesday night on proposed tax incentives to help Bedford, Mass.-based 1366 Technologies build its $700 million facility on 105 acres of the planned high-tech park known as STAMP (Science & Technology Advanced Manufacturing Park).

There were only a handful of speakers during the hearing, and only a couple more who raised objections during a follow-up question and answer period, including one man who stormed out during an impassioned speech by Steve Hyde, CEO of the Genesee County Economic Development Center, on the need for economic development to help keep our children in Western New York.

The state is planning on spending more than $5 million on land acquisition and infrastructure to make STAMP possible, and 1366 could receive another $56 million in incentives from New York along with tax abatements of more than $35 million through GCEDC.

It is those local incentives that the GCEDC Board will be asked to approve in an upcoming vote and last night's public hearing was required in advance of it.

Mark Masse, VP of business development for GCEDC, opened the hearing with an overview of the financing and financial impact of the proposed 1366 project.

The venture is expected to lead to 1,000 jobs at the plant within a few years, with another 1,593 jobs generated by companies that will provide services and support to the new company, and some 2,600 jobs created by local economic growth.

That's more than 6,500 local jobs within 10 years, Masse said.

Entry-level jobs will start at $16 an hour, with production jobs going up to $24 an hour based on duties and experience.

The 1366 payroll is expected to reach nearly $40 million. The indirect payroll could exceed $60 million and induced jobs would add another $30.3 million in payroll, for an anticipated increase in local payroll of $130 million. (CORRECTION: In my notes, I left off some zeros. The payroll numbers have been updated to correct that mistake.)

To help finance the project, GCEDC is proposing a PILOT -- payment in lieu of taxes. That's a break on the property tax. There would be property tax due on the current assessed value of the 105-acre parcel, but there would be no new taxes on the increase in assessed value over the first two years of the project. The taxes would then gradually increase over the next eight years. 

There are also proposed tax abatements on the sales tax on construction materials as well as relief from the mortgage tax.

Masse then turned the floor over to Brian Eller, chief operations officer for 1366, who shared some of his company's plans and an overview of what 1366 will manufacture.

Eller explained that 1366, working with scientists at MIT, have developed a whole new manufacturing process for silicon wafers -- the main component of solar panels, that the company believes will be cheaper to manufacture and produce less waste than the process used by every other company in the world.

Silicon is the second most plentiful mineral on Earth and is usually extracted from sand. For solar wafers, manufacturers receive ingots of silicon that are typically cut and ground into square objects. 

That's an extremely wasteful production process, according to a video Eller played for the audience. Much of the silicon is wasted, as well as the blades and diamond-tipped twine used to cut the wafers.

The process developed at MIT involves melting the silicon and rolling out flat wafers, much like modern glass manufacturing.

The process is a third faster and a third cheaper than current techniques, and no silicon goes to waste, and it uses less energy.

The goal of 1366 is to use its technology to produce wafers that eventually make solar power as cheap to consume as coal energy.

What 1366 isn't doing is making entire solar panels. They are only making the wafers, and they aren't making solar panels.

Elon Musk's Solar City plant, going up in Buffalo, will make rooftop panels, but 1366 isn't producing wafers for rooftop panels, so there isn't currently an opportunity for the two companies to work together directly. The wafers produced by 1366 are intended for industrial solar energy farms, which currently makes up 70 percent of the worldwide solar energy market.

One speaker during the public hearing expressed concern that 1366 would get all of these tax breaks, build this big building, and then pull out like Pepsi did with the Quaker Muller Dairy plant.

There are, however, some significant differences between the Quaker Muller operation and 1366's plans. Pepsi and Muller entered a market that we now know was saturated in an industry that is so competitive that profit margins are always squeezed. There was no chance for Muller's imitation Greek yogurt to achieve a dominant market position.

In his best-selling business book, "Zero to One," venture capitalist Peter Thiel says new businesses should be built around innovations that are a 10-times improvement over anything currently in the market. Thiel also advises startups to aim for only a segment of a market and achieve dominance in that segment before growing. Pepsi and Muller appear to have violated both of those guidelines by entering a market that already had dominant manufacturers, such as Chobani, Dannon and Fage, and aiming for a share of the entire market, not just a segment where it might have a chance to dominate. 

Eller thinks that 1366's lower cost, less wasteful process is that 10-times improvement Thiel recommends (though he hadn't yet read Thiel's book when asked about it) and that 1366 is going after a segment of the market where it can achieve dominance.

Only a portion, less than $100 million, of $700 million required to build the 1366 Technologies plant to full capacity is coming from public investment. There is also a $150 million loan guarantee backed by the Department of Energy. When the project was announced at Genesee Community College in October, company CEO Frank van Mierlo indicated he was investing his own money in the project. The company has reportedly raised $70 million in venture capital from investors such as Hanwha Chemical, a major user of silicon wafers, as well as from Ventizz Capital Fund, North Bridge Venture Partners and Polaris Venture Partners. The company has not discussed any other efforts to raise additional capital or the timing of capital needs. They would not need the entire $700 million in the bank to start construction.

Construction is expected to start in May or June.

The first jobs should be filled in the fall or early winter of this year, with hiring continuing through the middle part of 2017 and then more jobs added as production capacity is increased.

Eller will move to here from Bedford to join the ranks of the locally employed, along with as many as five current 1366 managers and executives, though the company will remain headquartered in Bedford. That's also where the company will continue research and development operations.

There was a bit of discussion between Eller, Masse and meeting attendees about workforce development and who will get hired at the new plant. 

Lorna Klotzbach had several objections to the proposal, among them were questions about whether there were really sufficient potential employees in the region. She also shared with some other speakers a concern that STAMP was converting farmland and wildlife refuge into industrial land.

Al Files, who would later get up in a huff and storm out during Hyde's speech, said he thought it made a lot more sense to build where there's already big buildings and infrastructure.

"In my opinion, I think it's stupid," Files said. "We're wasting all of this property when it could be built in Rochester, Buffalo or Batavia."

Eller said 1366 was attracted to STAMP, out of 300 locations considered, for two primary reasons. First is cheap and clean hydroelectric power, and then there is the regional workforce. Eller said the company hired a consultant who studied a number of variables for several possible plant locations and STAMP scored the highest for workforce potential.

Creating local jobs and reversing two generations of economic decline is what STAMP is all about, Hyde said.

"At the end of the day, what drove us to work so hard to attract a company like 1366 to our community and our region is creating jobs for our kids so they can either stay here or come back home," Hyde said. "All the rest of these questions are good and relevant, but if we take a little look at the big picture, we’ve all been losing tax base and these guys are going to start that trend of turning that around. 

"We can’t guarantee that companies are going to be successful, but even with the situation in Batavia, where Muller Quaker was, we built that ag park, two companies came in and spent over $200 million there. The market didn’t work. They entered the market late. They ended up having to shut down and that’s a disappointment, but the beauty is, one of the best dairy companies in the nation is coming in because that ag park is there and they're filling it back up and probably hiring more people than Muller ever would have. The investment model that we’ve used over the last decade is working. It’s creating good jobs for our people and our community. It’s creating tax base.

"I just wanted to paint a little bit of the bigger picture," Hyde added a few sentences later. "We’re absolutely fortunate to have a company like 1366 be willing to come here and start to build that high-tech, entrepreneurial ecosystem. It will mean a lot of jobs for our kids. … I’ll tell you right now if we get a thousand jobs from this company over the next decade, and that turns around to be about four thousand jobs all over this area, you’re going to see an economic boom around here that we haven’t seen in 50 years."

At which point, Files interjected, "This is an agricultural area. This is not a manufacturing area."

Hyde said projects like 1366 will take the pressure off of ag to support the entire local economy, and that the land the plant will use is less than 3 percent of the available acreage in Genesee County, and it's the least productive land in the county.

"We looked at all of that," Hyde said.

But Files was no longer in the room to hear it.

I couldn't find online the video Eller showed, but in looking for it, I found this interesting video.

Here's a portion of a press release from Empire State Development about a series of grants recently approved.

Empire State Development today announced that its Board of Directors recently approved $101.1 million in economic development resources for 23 projects that are spurring growth and opportunity in every region of the state. The funding supports projects that are creating 634 new jobs and retaining 1,531 existing New York State jobs – many of which have already been created or retained. The approved assistance is leveraging more than $822 million in private investment and other public funding to support local businesses and projects that are strengthening local economies today, while building a strong foundation for future economic growth and job creation.

“The funding approved by the Board is supporting regionally significant projects that are fostering growth and creating new opportunities statewide,” said Empire State Development President, CEO & Commissioner Howard Zemsky. “Whether it’s by aiding business expansion and retention, supporting local revitalization projects, or bolstering regional tourism, the funding approved today will boost economic activity from New York City to the Finger Lakes.”

...

Finger Lakes Region 
Western New York Science, Technology and Advanced Manufacturing (Finger Lakes Region - Genesee County) – $5,000,000
The Genesee County Industrial Development Agency, doing business as Genesee County Economic Development Center (GCEDC), will use a grant of up to $5,000,000 for the cost of land acquisition,  engineering, and soft costs related to infrastructure development for 1366 Technologies, Inc., the first tenant of the Western New York Science, Technology and Advanced Manufacturing Park (STAMP) in Alabama, NY. 1366 Technologies is a solar energy company with an innovative approach to manufacturing the silicon wafers that are the building block of solar cells. The company chose the STAMP site out of 300 possible locations due to the site’s positive momentum and commitment to growing manufacturing interests. This project will be completed in August 2016 and aligns with the Finger Lakes Regional Economic Development Council’s plan in that it supports advanced technology and manufacturing and is identified as key to the region in the Industrial Development and Infrastructure category. 

Press release:

The Board of Directors of the Genesee County Economic Development Center (GCEDC) authorized a public hearing for 1366 Technologies, Inc., and approved a final resolution for an amendment to an original application for assistance from Manning Squires Hennig Co., Inc., at the agency’s Dec. 17 board meeting.

1366 Technologies, Inc., plans to build its first commercial Direct Wafer™ production plant at the Science and Technology Advanced Manufacturing Park (STAMP) in the Town of Alabama.

The project includes the construction of a new 130,000-square-foot manufacturing facility that will grow to eventually create 1,000 full-time jobs and approximately another 5,000 construction and indirect and induced jobs. The total economic impact is preliminarily estimated to be in the range of $1.5 billion over the next 10 years.

1366 Technologies, Inc., is seeking approval for approximately $34.7 million in sales, mortgage and property tax exemptions. The planned capital investment will total approximately $700 million.

“As the largest economic development project in the history of Genesee County, 1366 Technologies will undoubtedly be a game changer in establishing our region as a major high-tech manufacturing hub,” said GCEDC Chairman Paul Battaglia. “This project also will create hundreds of manufacturing jobs and indirect supply chain jobs not to mention hundreds of jobs throughout the construction process.”

The GCEDC board also approved amended incentives for Manning Squires Hennig Co., Inc., a well-known general contractor in Finger Lakes and Western New York regions. The company will expand its corporate offices and maintenance facilities in the Town of Batavia by up to 5,000 square feet, as well as renovate its existing shop and office space.

The project was approved for sales tax, mortgage tax and property tax exemptions totaling $215,529 in incentives. The project’s capital investment is approximately $2.2 million.

“We are pleased to see continued investments being made to improve the facilities of existing companies like Manning Squires Hennig in the Town of Batavia,” said Steve Hyde, president and CEO, GCEDC. “We remain committed to help existing businesses in the County expand their operations in our ongoing efforts to enhance the business climate throughout the region.”

In other agency business, the board approved a 2-percent salary increase for all GCEDC staff for 2016, as well as an increase for the GCEDC office manager.

Five projects in Genesee County are receiving more than $2.1 million in state aid, the Finger Lakes Regional Economic Development Council announced.

The aid is part of $500 million awarded to the council by the Governor's Office.

From the announcement:

Buildout of major sites in Genesee County, including: $1,500,000 to the Town of Alabama to help build water infrastructure to serve the STAMP site; $920,000 total for the Genesee Valley Agri-Business Park in Batavia and the Le Roy Food and Technology Park; $750,000 for the soon-to-be built Genesee Biogas facility at the Batavia Agri-Business Park; and $500,000 to revitalize the Newberry Building in Downtown Batavia.

From the announcement:

The Finger Lakes Regional Economic Development Council (FLREDC) was named an Upstate Revitalization Initiative (URI) Best Plan Awardee for its new strategic plan, entitled “United for Success: Finger Lakes Forward.” This means the region will receive $500 million over five years, in addition to economic development funds announced through Round V of Governor Andrew M. Cuomo’s Regional Economic Development Council competition. In total, more than $2 billion in economic development resources was awarded statewide through the Upstate Revitalization Initiative and REDC competition.

“We are proud that Governor Cuomo and New York State have singled out the Finger Lakes Regional Economic Development Council as a ‘best plan awardee’ and that we will receive half a billion dollars to move the region forward,” stated Joel Seligman and Danny Wegman, co-chairs of the Finger Lakes Regional Economic Development Council. “This is recognition that Governor Cuomo believes in the Finger Lakes and is giving our region the attention it deserves. With this infusion of funding in our pockets, we are united for success and ready to move our communities forward.”

The Finger Lakes Region’s URI plan consists of three industry clusters, or pillars, that will act as the core drivers of job and output growth: optics, photonics and imaging; agriculture and food production; and next generation manufacturing and technology. 

From Steve Hyde, president and CEO of Genesee County Economic Development Center:

As we take a collective breath from this month’s exhilarating announcement about 1366 Technologies becoming the first tenant at the Science Technology and Advanced Manufacturing Park (STAMP) in the Town of Alabama, we can look back as a community and realize what a magnificent accomplishment this is for Genesee County.

Governor Cuomo’s announcement created a buzz unlike anything we have experienced in recent times; and why not – the first tenant at STAMP is the largest economic development project in the County’s history. It triggers the first phase of what we believe will be a transformative economic development game changer for the Western New York and Finger Lakes regions for generations to come.

The public and private sector support throughout the 10 years to bring STAMP from a concept to this first development has been building steadily. This support gained steam and momentum especially over the last 24 months when it became a crescendo after a coalition of local and state government officials, organized labor, regional business and economic development agencies, higher education and others helped secure $33 million in the state budget as part of the Fiscal 2014-2015 budget deliberations last year.

Like any effort of this magnitude, you need a solid foundation of support, or else the effort crumbles. The foundation for STAMP was built at the local level and in particular the annual funding provided to the Genesee County Economic Development Center (GCEDC) by Genesee County. This foundation was further enhanced and enabled through the longtime support of the Town of Alabama.

Last week the Governor and other state leaders as well as local and regional elected officials, regional economic development partners and others from the Buffalo and Rochester metropolitan regions came to Batavia to celebrate this monumental achievement. I wanted to take this opportunity on behalf of the GCEDC Board and staff to thank the Town of Alabama for its steadfast support of our efforts to make STAMP a reality. 

From the town’s representatives in the state legislature, Senator Ranzenhofer and Assemblyman Hawley, to Genesee County Legislative Chairman Ray Cianfrini to the members of the town board: Supervisor Dan Mangino, Deputy Supervisor Janet Sage, Council members Bill Cleveland, Pam LaGrou, Kevin Fisher and Planning Board Chair Ron Gilbert – thank you! The work of the town was further enhanced through the participation of town officials Sage, Fisher and Gilbert on their STAMP Committee.

It also should be noted that elected officials represent the interests of the constituents in the communities they represent. In this regard, the town has been extremely forthcoming in sharing information about STAMP to residents. These meetings also have provided town residents a forum to provide their feedback and comments. It is a process that we look forward to continue to work with the town on now and in the future as we move to implement our first project on the STAMP campus.

There is an old saying that local government is where the rubber meets the road. In this instance, local government in the Town of Alabama is where the silicon meets the solar wafer.

Before the start of the school year, John Ioge figured he was interested in a career in civil engineering, maybe mechanical engineering or perhaps the medical field or even teaching. Whatever it was, he figured he would eventually wind up in a job far from home.

Now, the sophomore at Oakfield-Alabama is honing in on a career in mechanical engineering and feeling pretty certain he will be able to find work in Genesee County.

The developments recently with WNY STAMP as well as a new course at O-A in STEM is driving much of John's change in thinking.

"I now realize there are going to be jobs in this area," John said. "At one point, I didn't think I was going to stay here because there's not any jobs, but now there will be jobs at home. So why not stay home? Why not stay where my family is?"

O-A Principal Lynn Muscarella sought to start the STEM courses (Science, Technology, Engineering and Mathematics) for students just like John. She realized that with STAMP coming to Alabama, she wanted to make sure Oakfield-Alabama students had a good grasp of career opportunities in STEM.

"Last year I had seniors who weren't even aware of what is happening in their own backyard," Muscarella said. "I said, I can't allow this to happen. These kids are right here, so why not get them somewhat prepared to think about what's going to be here so they can stay if they want to."

STAMP stands for Science, Technology, Advanced Manufacturing Park, a 1,340-acre parcel in Alabama that the Genesee County Economic Development Center and its economic development partners from throughout the region are marketing as an ideal location for high-tech manufacturing.

Two weeks ago, Gov. Andrew Cuomo was in town to announce the first new development in the park, 1366 Technologies, a Massachusetts-based company that will construct a new plant to make silicon wafers for solar energy panels. The plant will employ from 600 to 1,000 people once fully operational, perhaps as soon as early 2017.

The STEM classes at O-A are part of the sophomore-year curriculum for the first time and will run throughout the school year with classroom time every other day for the participating students.

The instructors are Kathy Rushlow and David Porter, with Rushlow developing most of the course.

Seven weeks after the start of the school year, Rushlow is seeing some progress among her students, many of whom came to class without a clear understanding of what sort of degrees colleges offer and what their post-high-school educational options are.

"I think they are much more aware of what STEM is and what the different career choices are in the STEM field," Rushlow said. "I think that's been eye-opening."

The classes aren't intended to give students any kind of training that will lead them to a particular job; rather, it's an overview to expose them to the array of options available to them if they decide STEM might be something of interest.

The class also reinforces the importance of the other coursework in high school.

"It's surprising to them to see there's a second side to that coin, that even in the medical fields, they need that science and math, that background, on top of the medical information," Rushlow said.

Video produced by Greater Rochester Enterprise covering yesterday's announcement at GCC.

Frank van Mierlo is clearly a man who believes he has a role to play in changing the world.

The phrase "change the world" did, in fact, pass over the lips of the solar energy entrepreneur once today while he addressed a room full of local and state dignitaries in Stuart Steiner Theater at Genesee Community College. Van Mierlo was there, joined by Gov. Andrew Cuomo, to unveil ambitious plans for a $700 million investment by his company to build a silicon wafer factory on 105 acres of Genesee County land that could employ 1,000 people as soon as 2017.

Even the name of his company, 1366 Technologies, is a homage to van Mierlo's far-reaching global ambitions. Sunlight falls on the planet at the rate of 1,366 Watts per square meter, hence 1366. The number is significant because at that rate, the sun sends us 130,000 terawatts of energy each year. We only need a fraction of that, 17 TW, to power civilization.

"We need to rapidly deploy solar," van Mierlo said in an interview after the announcement. "We need to grow this industry at 30 percent a year. If we do that and we keep growing at 30 percent a year, by 2030, we will produce enough solar energy to power the planet."

And at a price cheaper than coal.

The solar energy market has been growing by 30 percent a year for 30 years, with rapidly improving technology, and like the power of compound interest, the rate of advancement is seemingly -- seemingly -- accelerating.

The technology that powers 1366 was incubated at the Massachusetts Institute of Technology and van Mierlo describes it as a game changer. The company's process cuts silicon waste, reduces the expense of production by 50 percent and takes a third less energy to produce a wafer than current manufacturing techniques.

Ely Sachs, a former MIT professor, is a partner in 1366 and the engineer behind the process 1366 uses to create its wafers. Rather than make clumps of silicon that are carved and cut into wafers, as is common in manufacturing solar wafers now, the 1366 process is more like making sheets of glass, poured directly from molten silicon.

The goal of 1366, van Mierlo said, is to make solar more affordable than coal.

"When solar was first introduced in 1970s, the cost was $7 per kilowatt hour," van Mierlo said. "A kilowatt hour, a little bit of a wonky term, but if you take an old-fashioned 100-watt lightbulb, you leave it on for 10 hours, that's a kilowatt hour. At the time, $7 per kilowatt hour, was extremely expensive. Now, 40 years later, unsubsidized, the cost on a good installation, in a sunny area, the cost is down to 7 cents per kilowatt hour.

Coal is currently about 3.2 cents per kilowatt hour.

The word unsubsidized is important. Solar may be one of the most heavily subsidized industries in America right now.

While states, including New York, offer tax credits for consumers and businesses to install solar panels, the federal government offers a 30-percent tax credit, but that's a tax credit set to expire next year and there is opposition in Washington to extending it. There is some concern that the solar industry has already grown "too big to fail" and ending the tax credit will cost more than 100,000 jobs nationally.

The political winds of the issue leave van Mierlo undaunted. Solar is simply an imperative society must pursue if we're going to change the world.

"A 30-percent growth rate only works when it's a team effort, so it's absolutely essential that everybody pitches in," van Mierlo said. "People like us have to pitch in. We have to come with the technology and the innovation. We have to deliver the cost reductions and we absolutely need broad support to keep growing fast enough. In the end, this becomes a self-fulfilling prophesy. If you believe in it, you support it, the cost will come down and it will bring economic prosperity. If you say it's never going to work and you walk away from it, well, then it will become impossible to make progress and that also becomes a self-fulfilling prophesy."

Cuomo has bet big on solar, backing a $1 billion investment known as NY-Sun and WNY is now poised to become a hub of solar energy production. Earlier this year, Solar City began construction on a 1.2-million-square-foot solar panel factory in Buffalo with the promise of creating 1,400 jobs. A major investor in Solar City is Elon Musk, the entrepreneur who helped launch PayPal and used the fortune that company brought him to launch Space X and Tesla Motors. Officials with Solar City said just a week ago that the panels it will produce in Buffalo will be the world's most efficient, using its own proprietary technology.

Musk is well known in tech circles for dreaming of saving the world through technology. Like Musk, van Mierlo is leveraging prior business success to help fund his own plant-saving ambitions. Prior to cofounding 1366, he owned a robotics company, again based on technology developed at MIT, that he eventually sold.

"It's true that I have some economic freedom, and working on something that matters, that's just a fun thing to do," van Mierlo said. "Given a choice, you outta do something that is worthwhile. Energy is an interesting problem and one that needs solving and I think we're going to play a big part in the solution."

The new 1366 plant will take up only about 8 percent of the 12,500-acre WNY Science and Technology Advanced Manufacturing Park -- STAMP -- in Alabama, a project Genesee County Economic Development Center CEO Steve Hyde has been working on for more than a decade. Nearly every speaker today, including Cuomo, Empire State Development CEO Howard Zemsky, Sen. Mike Ranzenhofer and Assembly Majority Leader Joseph D. Morelle praised Hyde's vision and tenacity in creating and sticking with STAMP, even as doubters and naysayers predicted it would never work.

"This is a game changer," Cuomo said. "A hundred-and-thirty-thousand-square-foot building. At the end of the day, as many as 1,000 jobs. Quality jobs. High-tech jobs. Well paying jobs feeding off an educated workforce being nurtured by some of the great educational institutions in this state. That is the future.

"And the way it happened is the way it should happen," he added. "The IDA worked with the county. The county worked with the region. Two regions collaborated. Western New York and the Finger Lakes, not competing, but actually collaborating and getting a world-class entrepreneur with a phenomenal product that not only can create jobs and make money but can also make this world a better world."

Van Mierlo said when the 1366 plant is fully operational, it will churn out enough wafers each year to generate three gigawatts of power. A nuclear power plant, by comparison, might generate a single gigawatt of power each year.

Increased production and distribution will help bring the cost of solar energy down, which is what van Mierlo said he is really after.

"When solar is 2 cents a kilowatt hour, we can pay for installations that are less than ideal, can pay for energy storage and you will end up with a clean solution that is actually affordable," van Mierlo said. "I'm a firm believer that it's actually possible here to have a solution that helps the economy, but it's not going to come easy.

"The important thing now: Manage the energy supply so that it doesn't threaten life on the planet and that we end up with a solution that doesn't compromise our economy either. We absolutely need investment. We need support. But we also need to bring the cost down so it helps the economy and not just a continuous investment plan."

With the first project scheduled to break ground in the spring, the state will now release some $33 million in grant money pledged to create the infrastructure -- roads, sewers, utilities -- necessary for STAMP to attract manufacturing businesses. While 1366 will benefit indirectly from this investment, the direct subsidies 1366 will receive are those frequently approved by the GCEDC board, from a reduction in taxes on the increased assessment of the property (and the increased assessment will be substantial in this case), to mortgage tax relief to sales tax abatement on materials. The total package will be worth $97 million over 10 years.

Those incentives certainly played a role in 1366's decision to come to Genesee County, van Mierlo said, but he was also attracted by the workforce the area's universities can provide, the central location between Rochester and Buffalo and, most importantly, the inexpensive, clean energy provided by Niagara Falls.

"Hydropower is a real attraction and will be one that is a real advantage to us," van Mierlo said. "It cuts the cost of making the wafer by a factor of three and it's clean. The use of hydropower means there is no C02 at all. Steve Hyde calls it 'clean to green,' and that's a phrase that has really come to life."

Now that 1366 is coming to STAMP and boosters have a real project to talk about with site selectors and potential tenants, it's going to get easier to attract the next business into the park, both Hyde and Mark Peterson, CEO of Greater Rochester Enterprise said.

Those who make decisions about where to construct high-tech facilities are going to become believers in STAMP now, Peterson said.

"People are going to say, 'wow, holy cow, this is real,' " Peterson said. "This a mega site, 1,250 acres. You don't have very many of those with power and water to them in the world, so we're on the world stage right now and this is only going to make us more competitive. Genesee County is right in the middle of Buffalo and Rochester. This is going to be the place to be."

Peterson said computer models run by GRE indicate the 1366 plant, with an economic multiplier effect, will generate more than $4.3 billion in spending regionally over the next five years.

Like the governor, Hyde called the 1366 announcement a "game changer."

"This is a new day," Hyde said. "We have technology companies to the left in Buffalo, to the right in Rochester, and now they're right here right now. Where else would you rather be today? We have opportunities through investments and technology and terrific companies like 1366 Technologies that are going to be here for years and create thousands of high-paying jobs for our kids."

Gov. Andrew Cuomo.

Steve Hyde flanked by Ray Cianfrini, chairman of the Gensee County Legislature, and Mark Peterson, CEO of Greater Rochester Enterprise.

Members of Genesee County SCOPE were set up on East Saile Drive, across the road from the County Airport, prior to the governor's arrival in Batavia, to protest the SAFE Act. There were also picketers on Bank Street Road, on R. Stephen Hawley Drive and just outside the GCC entrance.

Frank van Mierlo, CEO of 1366 Technologies, a Boston-based, MIT-bred solar energy company, presents Gov. Andrew Cuomo with a commemorative silicon wafer during today's announcement of a $700 million investment by the company in a new production plant in Genesee County.

This is the first major project to sign on with WNY Science and Technology Advanced Manufacturing Park (STAMP) in Alabama. The CEO said his company intends to break ground on construction in the spring and be fully operational by 2017. The facility will manufacture silicon wafers for solar panels and could employ as many as 1,000 people in what Cuomo described as good, high-paying jobs.

While STAMP has benefited from state and federal grants to build infrastructure to support the kind of manufacturing facilities officials hope to attract, the only subsidies going directly to this project are standard tax breaks on the increased assessed value and sales tax abatements. The total incentive package is $97 million spread out over 10 years.

We'll have an in-depth story on today's announcement tonight or first thing in the morning.

Sources tell us Gov. Andrew Cuomo is coming to GCC tomorrow to announce a major investment in the WNY STAMP project in Alabama, but nobody has been willing to confirm anything on the record. The governor's office and Empire State Development have even declined to confirm the governor will be in town.

Tonight, the D&C reports that the CEO of Greater Rochester Enterprise is planning on attending the announcement tomorrow and said this is "the largest project in our organization's history."

The name of the company coming to STAMP has not yet been disclosed, nor the segment of tech industry it represents.

The most recent schedule for Gov. Cuomo for tomorrow does not include a visit to Batavia, but it's not unusual for the governor's office send out multiple updates over a 24-hour period.

UPDATE Oct. 7, 11:34 a.m.: The governor is expected at Genesee Community College's Stuart Steiner Forum at 2:15 p.m. today. He will announce that a solar company based in Bedford, Mass., (a suburb of Boston) plans to create between 700 to 1,000 jobs over a five-year span at the planned Science and Technology Advanced Manufacturing Park (STAMP) in Alabama. Here's a link to the Democrat & Chronicle story: http://www.democratandchronicle.com/story/news/local/2015/10/07/new-batavia-solar-company-create-jobs/73512246/

From The Batavian's news partner, WBTA:

An announcement of a company to occupy Genesee County’s long anticipated STAMP project in the Town of Alabama could be just weeks away.

The Science and Technology Advanced Manufacturing Park has been in the works for years and holds the prospect of hundreds, if not thousands, of high-paying jobs.

Steve Hyde is the president of the county’s Economic Development Center:

“We are weeks away on the final decision on the one we have been working on, less than weeks away. This has been over 12 months we have been working the sales process on this one project. It has been long with multiple versions and very competitive. We have competed against 54 different sites and eight states.”

Hyde issued his annual report to the county legislature’s Ways and Means Committee last night.

The committee went on record opposing a change in state industrial development regulations that would transfer final decisions on state tax breaks from local IDAs to Albany.

If you've downloaded the Reacht App for your smart phone, at some point within the next day, we'll ask you this poll question: Do you think a manufacturing company will commit to STAMP within the next few weeks? To download the app, click here.

Press release:

National Grid’s latest grant of $500,000 in the Science and Technology Advanced Manufacturing Park (STAMP) site in the Town of Alabama in Genesee County has now reached the $1.5 million threshold. Since 2007, National Grid has provided STAMP with various economic development grants to the Genesee County Economic Development Center (GCEDC), which is developing the site and marketing it to corporate site selectors as well as nanotechnology and advanced manufacturing companies throughout the United States and the world.

“We are extremely excited to have such strong support from National Gird to help us bring the next generation of advanced manufacturing to Western New York,” said Steve Hyde, president and CEO of the GCEDC. “STAMP has received significant support from business, education and economic development groups and organizations from Buffalo and Rochester, so it is truly a collaborative effort to bring this transformative economic development project to our region.”

STAMP is a 1,250-acre site and is aligned to attract the next generation of nanotechnology companies, including semiconductor chip fabs, flat panel displays, solar, bio-manufacturing, and advanced manufacturing companies to New York State. Most recently, STAMP was appropriated $33 million in the 2014-15 state budget to bring the site to a shovel-ready status. This funding will be used for pre-construction engineering, sewer and water lines and other utility hook-ups and other infrastructure enhancements.

“We have seen a number of major gains in the bringing new and advanced technologies to the region, and we’re confident that STAMP will continue the significant economic development momentum in the region in the science, technology and advanced manufacturing areas,” said Dennis Elsenbeck, regional executive for National Grid in Western New York.“

“The GCEDC has an excellent track record in economic development, as evidenced most recently by the construction of the Genesee Valley Agri-Business Park, which led to the construction to two major yogurt manufacturing facilities,” said Arthur W. Hamlin, director, economic development and corporate citizenship at National Grid. “We are optimistic that the same ‘build it and they will come’ approach used at the agri-business park will also reap significant economic development and job outcomes at the STAMP site.”

STAMP is located in the New York Power Authority’s (NYPA) low-cost hydropower zone. The site is within a 60-minute commute of 2.1 million residents from the Rochester and Buffalo metro regions as well as six university centers with more than 17,000 enrolled engineering students. According to GCEDC officials, STAMP has the potential to generate $30-$50 billion in investment and employ up to 10,000 workers on-site. The supply chain impact could add another 50,000 jobs.

The grants to the GCEDC are from a number of National Grid programs, including the Strategic Economic Development Program designed to increase effective marketing and sales initiatives aimed at “strategic targets.” This program provides expertise and incremental resources to leverage more and better macro-level business attraction research, marketing and sales efforts. Other grants have helped support hard infrastructure improvements to the site. Information about National Grid’s suite of economic programs is available at www.shovelready.com.

UPDATED 6:56 p.m. to add comments from Steve Hyde.

State lawmakers are expected to vote on a state budget Monday that will include $33 million in funding for the WNY STAMP project in the Town of Alabama. STAMP stands for Science and Technology Advanced Marketing Park.

The funds will help GCEDC complete land acquisition and make the proposed high-tech manufacturing park "shovel ready lite."

Actual shovel-in-the-ground type of work will no likely begin before the first tenant is secured, said GCEDC CEO Steve Hyde.

"The big thing is the funding being approved, committed and appropriated," Hyde said.

Once at least one company makes a commitment to STAMP, Hyde said, that's when you'll see work begin on infrastructure -- water lines, roads, power lines, gas lines and telecom.

The proposed 1,300-acre high-tech business park could transform the WNY economy, which is why a broad coalition of "partners" (other IDAs, local governments, community colleges and elected officials) came together to advocate for the funding, Hyde said.

"It was a pretty cool undertaking," Hyde said.

The funding is a big win for all of WNY, said Assemblyman Steve Hawley and State Senator Mike Ranzenhofer, who have both been working to help secure the funding.

"This is huge," Ranzenhofer said. This is the biggest site in North America. This is where people will want to come. This is going to be big for Genesee County and Erie County and Niagara County and all the counties of Western New York. It's going to create thousands of of advanced and technical kinds of jobs."

Assembly Majority Leader Joe Morrelle held a press conference in Irondequoit this afternoon to announce the funding.

Hawley said he was assured on Tuesday, Wednesday and Thursday that the money would be in the final budget proposal, which the Legislature is expected to vote on Monday.

He said dozens and dozens of people, from local elected officials up to staff in the governor's office, worked together to help make the funding possible.

"I can only say this has been a true team effort," Hawley said. "We've been working together for the regional economic renaissance of Western New York. This project when it comes to fruition could create 10,000 jobs. Jobs. Jobs. Jobs. Spreading the tax burden lessens the tax burden on us all."

There's still lots of engineer work and planning to take place for STAMP, Hyde said. There's also land acquisition deals yet to complete. The funding will help move the project along in those areas as well.

Hyde said earlier this month that STAMP is generating real interest among site selectors and Ranzenhofer and Hawley said they've heard from Hyde that there are some strong potential projects in the pipeline. Securing this funding will only help matters.

"Steve Hyde has indicated there are businesses ready to sign on the dotted line," Hawley said. "There are a number that are really close and extremely interested."

Ranzenhofer said the funding is perhaps the last carrot Hyde needs to draw some businesses into the park.

"I would expect once people see the money is in the budget he's going have some great success in closing some of these deals," Ranzenhofer said.

Hyde reiterated this afternoon that there are some solid businesses taking a good hard look at STAMP and this funding will certainly go a long way toward getting final commitments.

"Some (of the potential deals) are getting pretty deep and there's more in the sales funnel," Hyde said. "I'm very excited. What this does is allow us to show a company that the funding is there to finish the infrastructure and gives us the the ability to try hard and close these deals."

Hyde praised Gov. Andrew Cuomo for backing STAMP.

"This is fulfilling his plan to drive high tech and revitalize Upstate New York," Hyde said. "The governor's office has been incredibly supportive and I'm immensely grateful that they would work with us on this."

UPDATE 7:07 p.m.: Statement from Steve Hyde just issued by GCEDC, after the jump:

“The commitment of $33 million in the state budget to the Science, Technology and Advanced Manufacturing Park (STAMP) in the town of Alabama in Genesee County continues the significant momentum to bring the next generation of nanotechnology manufacturing to Western New York.

“To secure such support for what is truly a transformative economic development project for Buffalo and Rochester and all points between takes the work and dedication of so many people, but it starts with Governor Cuomo who has made the revitalization of the Western New York economy as one of his top priorities.

“We want to gratefully acknowledge the support of the New York State Senate and in particular Senators Michael Ranzenhofer and George Maziarz.  The Senate was there for STAMP at the very beginning and continues to be a great advocate.

“We also want to acknowledge the leadership of Assembly Majority Leader Joe Morelle, Assemblyman Stephen Hawley and the members of the Western New York Assembly delegation for their tireless work in advocating for STAMP.

“This effort would not have been possible without the support of our various partners, including organized labor and the dozens of trades unions who contacted the Governor, the Senate Majority Leader and the Assembly Speaker on behalf of STAMP.

“To our economic development partners at the Buffalo Niagara Enterprise and Greater Rochester Enterprise to the leaders of the five community colleges in the region, including Erie Community, Finger Lakes Community, Genesee Community, Monroe Community and Niagara County Community colleges, we had a diverse and unified coalition of business, labor and higher education supporters to make this funding a reality.

“Finally, I want to acknowledge the support of the members of the Genesee County Legislature and in particular Chairman Ray Cianfrini as well the towns and villages of Genesee County, especially the town of Alabama. They all work extremely hard to make our region a better place to live and work.

“Our work at STAMP is just beginning but we have made great strides in just the last few weeks.  You only have to look down the thruway at Global Foundries to see first-hand the enormous economic benefits that the nano-technology industry is having in the Capital District.  If we can replicate that model at STAMP, then the Western New York economy will be transformed for prosperity for generations to come.”

There's plenty of reason to be optimistic about the future of the WNY STAMP project in Alabama, Steve Hyde told members of the County Legislature during the Ways and Means Committee meeting Tuesday.

While Genesee County Economic Development Center must still secure a total of $33 million in financing to make the proposed high-tech manufacturing park "shovel-ready lite," there is plenty of buzz about the project among site selectors.

STAMP will be one of only a couple of locations in the nation, if not in the world, that could provide a major manufacturer with both 500 acres of property and up to 500 megawatts of electricity, Hyde said.

One of the nation's leading site selectors was at a conference in Denver recently and told Hyde there may be a very big project in the pipeline and STAMP is in the running.

"He said they have a really monster project developing, that New York will certainly be on the radar, but they said that STAMP is the one site, and maybe the only site in New York, that could probably accomodate it," Hyde said. "We're excited. We hope that comes through, but it's still very, very early at this juncture."

Hyde also said the governor's office is working on landing a project that would be "about the size of Muller" -- the yogurt plant in the Genesee Valley Ag Park -- for STAMP, but that New York is among four states competing for the project.

"It's competitive, but we're in the hunt," Hyde said.

STAMP is Hyde's big dream -- with the potential for hundreds of millions in local investment and 10,000 jobs. He called it "a game changer for our community."

He made his remarks during GCEDC's annual review for the Ways and Means Committee.  GCEDC will hold it's annual meeting at noon Friday at the college.

GCEDC operates on a $1.3 million annual budget, with $597,975 coming from fees paid by businesses that receive GCEDC benefits, $480,000 from the Local Development Corporation (a nonprofit operated by GCEDC that also receives fees for projects) and $215,014 from county taxpayers.

That $215,000 in county funding is perpetually controversial, but Hyde said it's essential to keeping GCEDC operating.

"That county contribution is only about 17 percent of our budget, but it gives about 8.5 professionals work that we hope you think is of value," Hyde said. "It's very important."

In 2013, GCEDC closed 28 projects that resulted in 270 pledged jobs, $29.9 million in capital investments and $1.7 million in grants for business and infrastructure improvements.

The biggest win for GCEDC over the past two years has been the ag park, which has seen the creation of two Greek yogurt plants -- Alpina and Muller.

Alpina pledged 50 new jobs and has already created 47, plus 33 full-time temp jobs that fluctuate based on production needs (and sometimes turn into new full-time, permanent jobs).

PepsiCo. / Muller pledged 186 new jobs in the first three years and 145 have been created so far.

Nearly 50 percent of the new hires at the two plants were Genesee County residents, Hyde said.

Press release:

Today, in a letter to the Board of Directors of the Semiconductor Industry Association (SIA), U.S. Senator Charles Schumer pitched Upstate New York as the international center for the growing semiconductor- and chip-fabrication industry. Schumer touted several Upstate locales and specifically pointed to the newest potential mega-site (1,250 acres) for chip fab, the Genesee County Science, Technology, and Advanced Manufacturing Park (STAMP).

Schumer highlighted the development of Upstate New York’s nanotech sites, underlining the many advantages offered by the Luther Forest Tech Campus, the Marcy Nanotech campus, and now the Genesee County STAMP site. Schumer, who recently hosted the SIA at a Capitol Hill briefing with newly elected senators, urged the 18 semiconductor industry CEOs who comprise the SIA Board to consider Upstate New York sites, including STAMP, when establishing their next semiconductor manufacturing and research facility, citing advantages like access to affordable power, and world-class research universities and proximity to a large qualified workforce.

“The STAMP site will join existing hubs like the Luther Forest Tech Campus and Marcy Nanotech campus, and will become the second semiconductor mega-site in New York State, bolstering the state’s reputation as the preeminent destination for high-tech semiconductor research, design, and development,” Schumer said.

His letter to industry leaders was released in advance of the 2013 Annual Semiconductor Industry Association Dinner, to be held on November 7th in San Jose, California, when representatives from STAMP will make a presentation to the Board of Directors to outline the advantages of the site. Representatives of other New York centers, including Marcy and Luther Forest will also be present.

Schumer continued, “Thanks to decades of joint public-private investments in infrastructure and education, and a talented workforce, Upstate New York is the number-one place to establish semiconductor manufacturing in the nation. The promise of the Genesee County STAMP site only adds to New York’s reputation as fertile ground for high-tech and, specifically, semiconductor manufacturing. Simply put: the high-tech manufacturing sector has the potential to remake Western New York and the entire Upstate economy, delivering a new generation of middle-class jobs. It has already begun in the Capitol District, is spreading to Utica, and is poised to take-off in Western New York, too.

"Upstate New York’s proximity to transportation and energy networks, its access to the creativity and large workforces of major metropolitan cities, and its world-class technology and engineering universities are exactly what the semiconductor industry needs to ensure national and global success – and I made that known to the CEOs of the leading companies.”

In his letter, Schumer highlighted the unique advantages various Upstate New York State sites, including Genesee County’s STAMP site, provide to the semiconductor industry. The industry has benefited from the State’s advanced transportation networks, industrial infrastructure, and utilities at its other leading semiconductor sites. Schumer explained that the STAMP site would continue with this trend, offering close access to Interstate-90, high-capacity electric transmission lines, a large-scale high-pressure gas line, and the New York Power Authority’s hydropower low-cost electricity zone.

These assets ensure that the semiconductor factory would receive robust utility capacity, redundancy, and reliability at competitive prices, in some cases at a 75-80 percent market discount. The STAMP site is also situated between the Rochester and Buffalo metropolitan areas, which contain international airports, active customs stations, and a 2.1 million workforce population.

Last year, Schumer successfully advocated on behalf of STAMP by calling on the U.S. Army Corps of Engineers to provide necessary wetlands permit assurances so that STAMP’s developers could advance the site’s development and begin marketing the site to prospective tenants. Schumer has also taken a lead advocacy role for the semiconductor industry in the 113th Congress, which has led to the passage of major immigration reform legislation and a long-term reauthorization of the federal helium reserve, a critical lifeline for semiconductor manufacturers.

The growth of the semiconductor industry in Upstate New York has also been encouraged by the region’s strong research and educational base. The State is home to some of the world’s leading technology and engineering universities, including the University of Albany’s College of Nanoscale Science and Engineering (CNSE), the Rochester Institute of Technology, the University at Buffalo, the University of Rochester, and Cornell University — all of which are spearheading efforts in research, commercialization, workforce development, and collaboration in the high-tech and semiconductor fields.

Schumer called on the SIA companies to consider the advantages offered by the New York’s high-tech resources, and mega-sites like STAMP primed for development, when choosing the location of their next chip fab. Schumer noted that the long-term development of the STAMP site would bring long-lasting, stable jobs to New York and make the region a hub of high-tech manufacturing.