Last week, Gov. Cuomo announced that that Soraa, a lighting and LED technology company, will relocate its manufacturing and research and development operations from California and overseas to SUNY Polytechnic’s Central New York Hub for Emerging Nano Industries. The state will provide $90 million to construct an 82,500 square foot facility, and the company will invest $1.3 billion and create 420 new jobs.
Gov. Cuomo said:
“Central New York’s economic growth is due in large part to high-tech companies like Soraa that recognize the region’s wealth of assets and resources. Today’s announcement not only means economic stability for the region, but it also strengthens Central New York as a leader in the development of the clean technology that will help light and power the future.”
We’re pleased to see that the Cuomo Administration continues to recognize the need for investment Upstate, and to work with companies to bring new jobs here.