Lithium-ion Battery manufacturing company Electrovaya Inc. has secured a $50.8 million loan that will support its buildout of its new facility in Falconer. The funding from the Export-Import Bank of the United States' (EXIM) Make More in America … [Read more...]
CCIDA Named Top Economic Development Agency in WNY
The Chautauqua County Industrial Development Agency has been named the top ranking economic development agency in Western New York for 2023. That’s according to Buffalo Business First, which provided a list of the region’s top economic development … [Read more...]
NY Power Authority Rep To Speak at ReTool ’24 Conference
A New York Power Authority representative will be a featured speaker at the ReTool'24 Conference. Jamestown BPU Business Development Coordinator Ellen Ditonto said NYPA Senior Vice President for Customer Solutions Maribel Cruz-Brown will one of … [Read more...]
CCIDA Working On Making More of Mason Industrial Park Shovel Ready
The Chautauqua County IDA is working on making more of the Mason Industrial Park shovel ready. Chautauqua County Industrial Development Agency Executive Director Mark Geise said the IDA intends to convert the 66 acres it owns in the park into … [Read more...]
Jamestown BPU Announces Programs To Help Local Industries
The Jamestown Board of Public Utilities has announced two programs to help local industries. BPU Business Development Coordinator Ellen Ditonto said the BPU received a $140,000 Manufacturing Climate Technology Equipment/Software Investment grant … [Read more...]
CCIDA Celebrates ‘Unprecedented’ Year in 2023
The Chautauqua County Industrial Development Agency had an "unprecedented" year in 2023. That's according to IDA CEO Mark Geise while reporting out on the agency's work last year at the monthly IDA board meeting. Geise said the total investment … [Read more...]
CCIDA Approves Over $3 Million In Incentives for Electrovaya
The Chautauqua County Industrial Development Agency Board has approved over $3.5 million in economic development incentives for Electrovaya. Electrovaya Chief Financial Officer John Gibson said the company is going to retrofit the former … [Read more...]
Lithium-Ion Battery Producer Bringing 250 Jobs to Chautauqua County
Lithium-ion battery producer, Electrovaya, Inc.; is bringing 250 jobs over 10 years to Chautauqua County. Governor Kathy Hochul announced that Electrovaya has selected the town of Ellicott as the location for its first U.S. plant. The company will … [Read more...]
Hydropower Allocation Could Lead to New Jobs, Investments by Battery Developer in Jamestown Area
A hydropower allocation should help portable lithium-ion battery developer, Electrovaya, expand and create 100 jobs in the Greater Jamestown area. The New York Power Authority Board of Trustees approved Tuesday a more than 1.5-megawatt low-cost … [Read more...]
