Solar energy company hopes to bring 400 jobs to Ulster
By Paul Kirby, Freeman staff
02/23/2008
TOWN OF ULSTER - A manufacturer is to announce on Monday that it will join the Ulster County-based Solar Energy Consortium and set up an operation here that could create more than 400 jobs within five years, according to U.S. Rep. Maurice Hinchey.
Hinchey, D-Hurley, did not identify the company on Friday, but the announcement comes just two months after the Ulster Town Board said it was trying to help the consortium bring Prism Solar Technologies to the town. Prism, which already leases space on Grant Avenue In Ulster and also operates a research laboratory in Arizona, manufactures a film that makes solar panels more efficient. The Ulster board agreed in November to apply for $750,000 in state aid to help entice Prism to come to TechCity (the former IBM-Kingston plant), which was identified last summer as the site where the consortium would establish a solar energy research and development center. Tom Kacandes, director of business development at TechCity, said in November that Prism expected to start with "a few dozen" jobs and expand to 100 employees over three years. Kacandes said at the time that Prism officials were expected to decide by the end of December whether to come to Ulster. Hinchey said in a prepared statement that a press conference will be held at 11 a.m. Monday at the Courtyard Marriott on Frank Sottile Boulevard in Ulster to introduce the company that's joining the consortium. Hinchey said the press conference will be attended by the company's chief executive officer and by Solar Energy Consortium CEO Vincent Cozzolino. "The partnership will further cement (the consortium) as a unique leader in solar research and development," the congressman's statement said. "The manufacturing partner will work to produce solar panels that are more efficient than existing photovoltaic technologies." Town of Ulster Supervisor Nicky Woerner said the deal to be announced on Monday will be good for both the town and Ulster County. "The town is willing to do whatever we can to make this happen," Woerner said on Friday. "We are going to show some real progress in bringing business in." Woerner, like Hinchey, did not identify the company.
©Daily Freeman 2008
02/23/2008
TOWN OF ULSTER - A manufacturer is to announce on Monday that it will join the Ulster County-based Solar Energy Consortium and set up an operation here that could create more than 400 jobs within five years, according to U.S. Rep. Maurice Hinchey.
Hinchey, D-Hurley, did not identify the company on Friday, but the announcement comes just two months after the Ulster Town Board said it was trying to help the consortium bring Prism Solar Technologies to the town. Prism, which already leases space on Grant Avenue In Ulster and also operates a research laboratory in Arizona, manufactures a film that makes solar panels more efficient. The Ulster board agreed in November to apply for $750,000 in state aid to help entice Prism to come to TechCity (the former IBM-Kingston plant), which was identified last summer as the site where the consortium would establish a solar energy research and development center. Tom Kacandes, director of business development at TechCity, said in November that Prism expected to start with "a few dozen" jobs and expand to 100 employees over three years. Kacandes said at the time that Prism officials were expected to decide by the end of December whether to come to Ulster. Hinchey said in a prepared statement that a press conference will be held at 11 a.m. Monday at the Courtyard Marriott on Frank Sottile Boulevard in Ulster to introduce the company that's joining the consortium. Hinchey said the press conference will be attended by the company's chief executive officer and by Solar Energy Consortium CEO Vincent Cozzolino. "The partnership will further cement (the consortium) as a unique leader in solar research and development," the congressman's statement said. "The manufacturing partner will work to produce solar panels that are more efficient than existing photovoltaic technologies." Town of Ulster Supervisor Nicky Woerner said the deal to be announced on Monday will be good for both the town and Ulster County. "The town is willing to do whatever we can to make this happen," Woerner said on Friday. "We are going to show some real progress in bringing business in." Woerner, like Hinchey, did not identify the company.
©Daily Freeman 2008
1 comment:
GREAT NEWS, POSITIVE NEWS, Please keep up the GOOD work, Nick and Comp...smitty
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