WNY STAMP Overview- Frequently Asked Questions

Western New York Science and Technology Advanced Manufacturing Park (STAMP)

Alabama, New York

Genesee County

STAMP Overview:

STAMP is a 1,250 acre greenfield site designed to attract multiple, large manufacturing facilities.

  • Direct access to high-capacity utilities, including low-cost power via the New York Power Authority’s Hydro Power Zone, connections to the Empire gas pipeline, broadband/ telecommunications, and planned installation of high capacity water and wastewater facilities.
  • Integrated labor shed connecting Buffalo and Rochester workforces, with a combined population of 2.1 million.
  • Access to a well-trained workforce from the 57 regional colleges with 17,500 enrolled engineering students such as RIT’s Microelectronics engineering degree, and complementary STEM degrees (e.g., AAS in Nanotechnology) at local community colleges.
  • Large, nearly shovel-ready mega-site able to attract a diverse portfolio of large companies including semiconductors, displays/imaging, photovoltaics, optics/photonics, and bio-manufacturing firms.

 

1366 Technologies Overview:

1366 Technologies will build a 3GW wafer facility with a methodical phased approach, starting with a 250MW facility. Over the course of the multi-phase project, 1366 will invest approximately $700 million, including a $100 million initial investment, becoming the largest economic development project in the history of Genesee County.

 

New York State Support:

Thanks to the leadership of Governor Andrew Cuomo, in partnership with the New York State Legislature, STAMP has developed into a site ready to attract large, high-tech tenants and expand the Upstate New York High-Tech Corridor that extends from Albany to Buffalo.  New York State, the Finger Lakes region, and National Grid have invested $11.4 million in developing the STAMP mega-site.   An additional $33 million, part of the Buffalo Billion, was allocated in the 2014-15 State budget and re-appropriated in the 2015-16 State budget.  State support is critical to ensure this STAMP site has the right infrastructure in place to compete with regions across the world vying for multi-billion dollar projects.

  • STAMP has the support of the Finger Lakes Regional Economic Development Council (FLREDC) and the Western New York Regional Economic Development Council (WNYREDC). Both councils have advocated for the advancement of STAMP as a multi-regional transformational project.
  • STAMP is referenced as an example project for possible funding in the FLREDC’s “United for Success: Finger Lakes Forward” Upstate Revitalization Initiative plan.

 

Site Specifics:

  • 1,250 acres
  • 12 MGPD water and sewer capacity planned
  • 24” Natural gas transmission main
  • 200MW to 500MW Electric [NGRID/NYPA]
  • Hydropower Zone (~$0.035 delivered)

 

Economic Forecast:

Bringing the site to full capacity has the potential to create 8,500 to 26,500 new jobs and up to $50 billion in private capital investment to the region.