- New York State and Empire State Development played a key role in expansion effort
- Congressman Paul Tonko to join the Clifton Park, NY grand opening ceremony, recognizing Plug Power’s commitment to the economic growth of the Capital Region
LATHAM, N.Y.-- Plug Power Inc. (PLUG), a leading provider of energy solutions that change the way the world moves, announces the opening of a new 38,400 square foot facility in Clifton Park, NY. This manufacturing expansion is driven by Plug Power’s continued strong top line growth in its core markets. This new facility provides the expanded manufacturing capacity required for Plug Power products to meet the rapidly growing demands of the hydrogen fuel cell industry.
"The ongoing innovation in clean energy and the enterprising nature of the great people of upstate New York are closely tied as we move into the next phase of hydrogen fuel cell adoption,” said Andy Marsh, CEO, Plug Power. "As Plug Power continues to grow both its customer base and corporate family, opening the Clifton Park facility was an easy decision. We’re confident that our technology solutions coupled with the proven ingenuity, deep pool of engineering talent, and the unsurpassed work ethic of people in the Capital Region will make this expansion a great success.”
Congressman Paul Tonko will attend the facility’s grand opening on August 17, 2018 and speak to the continued growth of the Capital Region as a leading technology center and the positive impact Plug Power has on the local community.
Congressman Paul Tonko said, “Plug Power is staking their value and future on the intellect, work ethic and talent right here in the Capital Region. In my opinion, there is no better place to invest in the clean energy economy. We continue to grow as an epicenter of invention and innovation. In the nation’s capital, I joined my colleagues to successfully extend the fuel cell investment tax credit and will continue to fight to enable new, abundant and clean technology to power our tomorrow. I congratulate Plug Power and applaud the state of New York for recognizing the importance this sector plays to our growth and new job opportunities.”
Performance-based tax credits through the Excelsior Jobs Program from New York State and Empire State Development played a large part is making this opening possible and Plug Power is grateful to the group’s continued support of its mission to drive renewed vigor into the Capital Region both in terms of job creation and the inspiration of clean energy innovations.
Empire State Development President, CEO & Commissioner Howard Zemsky said, "Strategic investments in advanced manufacturing and sustainable energy production are allowing companies to develop and manufacture new technologies. Plug Power's expansion means more green collar jobs in the Capital Region, supporting the regional economy and New York State's commitment to clean energy industries.”
The grand opening of the Clifton Park facility further underscores the company’s commitment to positioning the Capital Region as a leading edge “hydrogen city”, an epicenter of innovation for alternative energy technologies. The revenue and job creation supported by this new facility ensures that Plug Power will remain a catalyst in the economic success of the Capital Region, promoting both the growth of new ideas and quality jobs in the technology sector.
“As Plug Power grows we are expanding our manufacturing capacity to meet the demand of our core material handling market as well as prepare for the rapidly developing on-road vehicle market. Increasing capacity for our cutting edge ProGen line of on-road hydrogen engines was a key part of this strategic decision,” said Keith Schmid, COO, Plug Power. “The expansion of Plug Power’s manufacturing capability through this new facility enables us to deliver on that promise.”
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.com.