State Budget Includes Funding For Marcy Nano Site And New Hospital
The budget includes $585 million in funding toward the Marcy Nanocenter site.
AMS and GE Global Research have agreed to invest billion of dollars into the Macy Nanocenter and the Nano Utica project, with several thousand new jobs expected in the years ahead.
Griffo and Brindisi say as both companies proceed with their construction projects, New York's willingness to complement the private investments with state funding will help the AMS project become a reality much sooner.
The lawmakers say the budget also includes $300 million in funding for a new hospital.
That funding was dropped from the Governor's budget proposal but was restored by the Senate and Assembly.
Utica Mayor Robert Palmieri issued the following statement on the budget:
“The recently approved State budget solidifies the necessary investment to make our region a hub for Nanotechnology.
Coupled with $300 million for a state of the art medical facility, the nearly $1 billion investment in our community demonstrates Governor Cuomo’s unwavering commitment to continuing Utica’s economic transformation.
I also thank Senator Griffo and Assemblyman Brindisi for their dedication and effective advocacy for the City of Utica.”