Press Releases
Molinaro Helps Secure Tech Hub Designation for Binghamton Battery Manufacturing Hub, Paving Way for New Federal Investments & Jobs
Washington,
October 23, 2023
Tags:
Energy
Binghamton, NY – U.S. Rep. Marc Molinaro (NY-19) today announced that Binghamton University's New Energy New York (NENY) Battery Tech Hub was designated as one of the 31 inaugural Tech Hubs. This designation is part of the first phase of the novel Tech Hubs program that will invest directly in high-potential U.S. regions and to transform them into globally competitive innovation centers. It is an endorsement of NENY’s strategy to grow battery production in the Southern Tier and meet growing demand for domestic energy storage. NENY will now be eligible to apply for the next phase of the Tech Hubs Program that will invest between $50-$75 million in approximately 5-10 Designated Hubs. Rep. Molinaro said, “Binghamton has what it takes to be a successful battery manufacturing hub. We have an eager workforce, and with Binghamton University, we have the expertise. This designation is an endorsement of that and an important step forward. With our local partners, I’m going to keep the pressure on and show why Binghamton is a great place to invest and create jobs.” |