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Plug Power Supports Increase in MEA-Production Demand with Facility Expansion in Rochester, New York

By September 4, 2019

September 4, 2019

  • Expansion greatly increases Plug Power’s capabilities in R&D and manufacturing while bringing a number of job opportunities in manufacturing and engineering to the Rochester area.

LATHAM, N.Y— Plug Power Inc.(NASDAQ: PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, today announced a major expansion of its presence in New York’s Finger Lakes region with the opening of new facilities in Rochester, NY.

The expansion arrives less than a year after the grand opening of Plug Power’s Rochester-based manufacturing center, and constitutes a noteworthy addition to the company’s administrative, lab, and warehousing spaces. The move will bring an array of new job opportunities in the fuel cell market to the Greater Rochester area, underscoring New York State’s growing reputation as a hub for innovation in the renewable energy sector.

The new Rochester facilities include engineering and administrative offices, research and development (R&D) laboratory space, and a warehouse location. Marking the biggest area of growth within the broader expansion, the new labs come equipped with cutting-edge technology and ample resources supporting Plug Power’s ongoing efforts to reduce costs, improve durability, and develop new materials for its proprietary membrane electrode assembly (MEAs) technology.

The opening of the new Rochester facilities arrives at a crucial time for Plug Power, which recently announced its largest second quarter in company history. With commercial adoption of hydrogen and fuel cells growing rapidly, particularly in material handling applications, the company now requires more space for R&D, manufacturing, and storage than ever before. The Company is on pace to be the largest MEA producer in the country by year’s end.

Plug Power also expects to expand its personnel with several new hires, recruiting Rochester-based professionals to fill key positions in R&D, chemical engineering, and manufacturing. “As CEO of a prominent Upstate New York business, I am delighted that Plug Power has been able to grow its presence in the great city of Rochester,” said Andy Marsh, CEO, Plug Power. “New York State leadership has been incredibly supportive of the work we’re doing, and the Finger Lakes region has proved itself to be not only rife with incredible talent, but also a wonderful place to live. We’re absolutely thrilled to be bringing new job opportunities to an area that has been so instrumental to Plug Power’s growth and continued success in recent years.”

In addition to creating local job opportunities, Plug Power’s Rochester expansion will also serve to facilitate the company’s continued collaboration with local schools like the Rochester Institute of Technology and Alfred State College. Plug Power has previously partnered with both schools, inviting students to assist with testing, providing summer internship opportunities, and collaborating on joint funding applications for various R&D projects.

About Plug Power Inc.
The architect of modern hydrogen and fuel cell technology, Plug Power is the innovator that has taken hydrogen and fuel cell technology from concept to commercialization. Plug Power has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable, cost-effective way. The Company’s GenKey solution couples together all the necessary elements to power, fuel and serve a customer. With proven hydrogen and fuel cell products, Plug Power replaces lead acid batteries to power electric industrial vehicles, such as the lift trucks customers use in their distribution centers.

Extending its reach into the on-road electric vehicle market, Plug Power’s ProGen platform of modular fuel cell engines empowers OEMs and system integrators to rapidly adopt hydrogen fuel cell technology. ProGen engines are proven today, with thousands in service, supporting some of the most rugged operations in the world. Plug Power is the partner that customers trust to take their businesses into the future. Learn more at www.plugpower.

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