Find us on Facebook

Supply companies urged to reach out to first STAMP tenant

Posted 20 January 2016 at 12:00 am

1,600 indirect supply chain jobs estimated to be created

Press Release, Genesee County Economic Development Center

BATAVIA – 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 form can be accessed at www.1366tech.com or www.wnystamp.com.

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,” said Brian Eller, chief operating officer for 1366 Technologies. “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.”

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.

“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 Steve Hyde, GCEDC president and CEO.

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 and Greater Rochester Enterprise 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 the Greater Rochester Enterprise.

“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.”