Wednesday, September 2, 2009

Schenectady County secures major economic development win

Schenectady County's unified economic development team scored a major win with General Electric announcing its plans to locate its state-of-the-art battery manufacturing plant on the GE Energy campus. The $100 million battery factory will bring 350 jobs to the county and expands the company's clean energy initiatives.

GE executives credited local officals for working to put this deal together. "Today's announcement is the result of strong, collective support for the plant by the union membership and local government officials," said Larry Blystone, vice president of Global Supply Chain for GE Energy. "The new battery facility represents an exciting new product line for GE and a significant reinvestment in the future of manufacturing in Schenectady."

Susan E. Savage, Chair of the Schenectady County Legislature said, "We worked very hard for more than twelve months to win this project. The new battery plant represents one of the largest investments in the history of Schenectady County. It positions our County to be a leader in renewable energy, an industry expected to create thousands of new jobs in the years ahead."

Watch the announcement below: