News

STATEMENT on 1366 Technologies BY STEVE HYDE, PRESIDENT AND CEO of GCEDC

Written by WBTA STAFF on March 2, 2018

Press Release:

BATAVIA, NY – “We are obviously very disappointed by the news from 1366 Technologies, but understand the business decision.

“Regardless, we will continue with infrastructure investments to prepare the site for development. This infrastructure work is the result of the financial support of New York State and I think it is important to note that no taxpayer dollars have ever been allocated to 1366 Technologies.

“We remain extremely excited and committed to STAMP because there is a long pipeline of leads and great interest in the site by various advanced manufacturing businesses.

“We also have a number of partners in the public and private sector who I know remain committed to STAMP. This collaboration is critically important in our efforts, especially as we combine the resources of our economic development partners to market the significant attributes of the Buffalo and Rochester metropolitan areas as one region.

“So, for the GCEDC it is business as usual in our ongoing efforts to get STAMP shovel ready and continuing to market the site to these businesses.”