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Friday, October 28, 2016

GOVERNOR CUOMO ANNOUNCES 39 MORE COMPANIES JOIN START-UP NY AND COMMIT TO 817 NEW JOBS

Governor Andrew M. Cuomo today announced that 39 businesses have joined START-UP NY and will expand in or locate to New York State through the innovative, tax-free program associated with colleges and universities across the state. These 39 businesses have committed to create 817 new jobs and invest more than $30 million statewide over the next five years. START-UP NY now has commitments from 202 companies to create at least 4,490 new jobs and invest more than $251 million over the next three-to-five years throughout New York State.
Across the local region:
Jamestown Community College - 31 new jobs
New Flyer of America Inc., the leading manufacturer of heavy-duty buses in the U.S. and Canada, is a new company to New York State. New Flyer is known for breaking new ground with the first low-floor bus, the first diesel-electric bus and, most recently, the world’s first zero-emission hydrogen fuel cell fleet. The company plans to establish operations in Jamestown; and will create 31 new jobs and invest $1,598,000.
Alfred State College – 5 new jobs
Belvac Production Machinery, Inc. will manufacture ceramic tooling to form metal beverage cans for use in other industrial ceramic applications. Belvac will expand its manufacturing operations of advanced ceramics. The company will create five new jobs and invest $1,025,000.
University at Buffalo – 213 new jobs
iActEx, LLC d/b/a Op-Smart is an early-stage information technology company that provides integrated operations management solutions for suppliers, manufacturers, transportation providers and consumers in the supply chain network. iActEx, LLC's software platform facilitates the collection of data from all equipment at clients manufacturing facilities and provides data management in real time to optimize the efficiency of operations throughout the supply chain. The company will create 148 new jobs and invest $830,000.

AccuTheranostics, Inc. is an existing early-stage biotechnology company graduating from the UB Biosciences Incubator. The company has developed a specialized chemo-sensitive/chemo-resistance assay that uses a patient’s own tumor cells in the laboratory to identify which drugs would be most effective for treating a patient’s unique cancer before ever treating the patient. The company will create 10 new jobs and invest $3,650,000.

CleanSlate Technologies, Inc. is a new to New York State company that designs, assembles, sells, services and distributes a medical device used for sanitizing portable electronics in healthcare using UV light. Cleanslate will establish a U.S. headquarters operation in Buffalo to better access the U.S. market. The company will create 26 net new jobs and invest $185,000.

GCLIPROW Inc. is an existing New York State company currently in the demo phase of its manufactured proprietary patented product for sale to rowing clubs and its members. Founded in 2013 in Buffalo, the company produces the Quick Release Rowing Shoe System, allows rowers to enjoy total stability within their own shoes and also provides a safe release in case of an emergency. The company will create five new jobs and invest $95,000.

Rebel One Studios, LLC is an early-stage animation production company focused primarily on animation and demonstration videos, with the capacity to create stand-alone, high detail 2-D or 3-D animations for clients. The company will create six new jobs and invest $90,000.

Regulus Energy, LLC is an existing alternative energy engineering company in Tonawanda. The company designs and commissions production plants that take carbon based feedstocks (i.e. municipal solid waste, wood, grains, natural gas, etc.) and convert it into finished fuels or electricity. The company uses a proven advanced gasification technology with high yields and efficiency and low cost of both operation and capital investment. The company will create eight new jobs and invest $96,000.

RMP Logic, LLC is an existing information technology company that is currently in the development and marketing stage of the software application "Mobile Encrypted Data Xchange (M.E.D.X), a mobile app that can securely exchange protected health information, peer-to-peer, to help improve clinical workflows and patient outcomes. The company will create two new jobs and invest $69,500.

U Media Corporation d/b/a Fandoozy.com is a new business in the process of developing a web and mobile application called Fandoozy.com, a sports specific social media portal focused on competitive conversation. The app will offer a proprietary scored debate platform where sports fans and professionals can debate the latest in sports. The company will create eight new jobs and invest $100,000.