STAMP Park Tenant decides to go overseas
Written by WBTA STAFF on March 2, 2018
The anchor tenant for the STAMP park project planned in Alabama has pulled out of the deal to house a major manufacturing facility in the region with intentions of taking operations overseas.
A representative from 13-66 technologies spoke with our news partner The Batavian, confirming that the company would not continue pursuing building their first full-scale solar wafer production plant in Genesee County.
The Masschuchett’s-based company made its decision based on delays and uncertainty around a loan guarantee from the Department of Energy.
Spokesperson for 13-66 Laureen Sanderson told The Batavian The company has decided to build the first full scale factory aboard.
Sanderson said that doesn’t mean the second can’t be here in the U.S. and as those pieces come into place, the GCEDC will be the first call they make.
The heavily anticipated economic impact from the company was lauded by local development agencies and Governor Cuomo’s Administration as a big win for Western New York.
The GCEDC which helped secure 13-66 as a tenant said, regardless of the recent news they will continue with infrastructure investments to prepare the site for development.