Business

Plug Power, the green hydrogen manufacturing firm based in Lathan, with a plant under construction in the town of Alabama, has closed on a $1.66 billion loan guarantee with the U.S. Department of Energy.

The loan guarantee has been under negotiations for months and closes just days before President Joe Biden leaves office.

“Finalizing this loan guarantee with the Department of Energy represents a significant step in expanding our domestic manufacturing and hydrogen production capabilities, which create many high-quality jobs throughout the U.S.,” said Plug CEO Andy Marsh in a release. “In addition to reducing carbon emissions and enhancing the resilience of the U.S. energy grid, we believe the hydrogen economy aligns closely with national security interests, ensuring that the U.S. remains at the forefront of energy technology development and deployment on a global scale.”

Based on prior reporting, it's unclear if Plug intends to use a portion of the loan funds to complete its $290 million green hydrogen fuel plant under construction in WNY STAMP.

Chris Suozzi, VP for business and workforce development at the Genesee County Economic Development Center, reportedly told a Washington, D.C.-based commercial real estate firm that Plug Power's STAMP project is on hold.

However,  throughout the negotiations process, Plug Power has publicly maintained that it intends to use the fund to complete six plants, which has previously included the local plant.

In a release on Thursday, Plug stated:

The loan guarantee will help finance the construction of up to six projects to produce and liquify zero- or low-carbon hydrogen at scale throughout the United States. Plug’s Graham, Texas, green hydrogen plant, the first to benefit from this financing, will create hundreds of high-quality jobs. Powered by an adjacent wind farm, Plug’s green hydrogen production plant will utilize the company’s electrolyzer stacks manufactured at its factory in Rochester, N.Y., and its liquefaction and storage systems built at its facility in Houston.

The company already has operational plants in Georgia, Charleston, Tennessee, and Louisiana.

The loan is for $1.55 billion in principal, and Plug is expected to pay $107 million in interest.

The DOE release states:

Advancing clean hydrogen is a key component of the Biden-Harris Administration’s whole-of-government approach to building a robust clean energy economy that creates healthier communities, strengthens energy security, and delivers new economic opportunities across the nation. Today’s announcement will help unlock the full potential of this versatile fuel and support the growth of a strong, American-led industry that ensures the United States remains at the forefront of the global economy for generations to come. Plug submitted its application to LPO in November 2020. 

The release states the Plug is positioned to build out clean hydrogen facilities in several potential locations and to supply its national customer base with end-to-end clean hydrogen at scale.

This project advances President Biden’s efforts to strengthen domestic clean energy supply chains, which are essential to meeting the nation’s ambitious climate goals and enhancing our national and energy security.

The DOE expects that hydrogen from the plants will fuel cell-electric vehicles in material handling, transportation, and industry, which could result in an 84 percent reduction in greenhouse gas emissions compared to conventional hydrogen production. 

The clean hydrogen facilities will utilize Plug’s electrolyzer stacks that are manufactured at the company’s state-of-the-art gigafactory in Rochester, NY and will use modular designs to ensure a resilient hydrogen fuel delivery network. Plug is among the leading commercial-scale manufacturers of electrolyzers in the United States and currently operates the largest Proton Exchange Membrane (PEM) electrolyzer system in the United States at its Georgia hydrogen plant. 

The DOE explains the process:

Electrolyzers use electricity to split water into its component parts, hydrogen and oxygen. Plug’s PEM technology allows it to operate efficiently even with variable electricity, enabling it to leverage electricity from intermittent renewables. Electrolyzers that use renewables to power their hydrogen production produce emissions-free clean hydrogen. The electrolyzer stacks can be easily configured to produce systems at 1 megawatt (MW), 5 MW, and 10 MW scales. (One MW powers the equivalent of 750 American homes based on their instantaneous demand.)

Wall Street's reaction to the news of the loan? A 7% drop in the stock price, bringing it down to $2.44 a share by the close on Friday. 

The Motley Fool stock news site suggests history is working against Plug in investor's minds. 

In its 28-year history, Plug has never turned a profit. The company has reported reported $1.4 billion in losses. It also has $930 million in debt already on its books.

Press release:

After announcing Edwards Vacuum’s plans to build a manufacturing facility in Western New York two years ago, U.S. Senator Chuck Schumer today announced Edwards Vacuum and the U.S. Department of Commerce had finalized its CHIPS award of $18 million from his bipartisan CHIPS & Science Law. 

Schumer explained this would lock in the federal funding Edwards Vacuum needs for plans to build its new $300+ million dry pump manufacturing facility for the semiconductor industry, the first of its kind in the country, as there is currently no domestic production of semiconductor-grade dry vacuum pumps.

“Edwards Vacuum’s $18 million CHIPS award is locked in. This finalized federal investment will help ensure NY’s semiconductor supply chain is made right here in Genesee County,” said Senator Schumer. “The signed CHIPS award is a major step forward for this $300 million, 600 job project that will be a pivotal stop on America’s semiconductor superhighway. All the major semiconductor companies in New York and across America need this vacuum technology for their chip fabs, that only Edwards will make in the USA. It is a prime example of why our region is growing as the nation’s semiconductor ‘Tech Hub.’ With the funding from my bipartisan CHIPS & Science Law now signed and sealed, Edwards Vacuum’s growth in Western NY can continue knowing the funding will be secured for them to tap no matter the administration. This is a win-win-win: for Genesee County, for Upstate NY, and America.”

This federal funding will support a planned $300+ million investment and 600 good-paying jobs when the facility reaches full production capacity. Schumer explained all chip fabs need vacuum technology, such as that produced by Edwards, to power the sophisticated equipment and state-of-the-art machine tools needed to make microchips. Those tools use vacuum pumps, like those that will now be made in Western New York, to manipulate the chip wafers and control industrial gasses needed to manufacture the finished microchips. By bringing manufacturing to New York, new chip fabs such as Micron and GlobalFoundries in New York and Intel in Ohio can have access to critical dry pumps that will now be made in the U.S., offering chip producers shorter wait times, improved responsiveness, lower risks of supply chain disruptions, and reduced CO2 emissions from an American-made product. 

The U.S. Department of Commerce will disburse funds in the coming years as Edwards Vacuum meets project milestones agreed to in the final award.

Schumer has been a relentless champion for expanding the semiconductor supply chain in Western NY. Schumer personally called Geert Follens, who was then President of the Vacuum Technique Business Area for Edwards parent company Atlas Copco Group, to urge the global semiconductor supply chain company to expand in Upstate New York. Later that year Schumer announced with Governor Hochul that Edwards Vacuum had heeded their calls and planned to build their new manufacturing facility in Genesee County. Last year, Schumer celebrated Edwards Vacuum’s groundbreaking ceremony in Genesee County for Phase 1 of their construction, which is expected to be completed in 2028.

Schumer also helped the Buffalo-Rochester-Syracuse region win the prestigious Tech Hub designation to support the buildout of the semiconductor supply chain in Upstate NY through his bipartisan CHIPS & Science Law and last year secured a major $40 million investment to implement the Tech Hub’s work with companies like Edwards. The proposal, called the “NY SMART I-Corridor Tech Hub” has built on the historic investments Schumer delivered that have spurred a boom in semiconductor manufacturing and innovation across Upstate NY. Edwards Vacuum is working with Genesee Community College and Tech Hub partners like Monroe Community College, Erie Community College, and the Northland Workforce Training Center to help them hire and train hundreds of new workers.

“The Empire State is becoming a national leader in advanced manufacturing because of the investments New York has made in this industry and the extraordinary help of President Biden. New York State has the talent, infrastructure and innovation to continue on this trajectory and the best is yet to come. My 2025 State of the State includes new initiatives to grow this critical industry, and we’ll continue doing everything in our power to great jobs and boost economic growth,” said Governor Kathy Hochul.

Photographer Destin Danser captured these images on Wednesday morning of the new Oxbo plant under construction in Apple Tree Acres in Bergen.

Previously:

• Oxbo planning move from Byron to new 195,000-square-foot facility in Bergen
• International company with roots in Genesee County celebrates next stage of growth in Bergen

The Genesee County Chamber of Commerce welcomed Ashley Mooney, DDS, as one of the newest businesses to open locally on Wednesday.

Mooney's new office is at 214 East Main St., Suite #1, Batavia.

Photo by Marc Tillery/WBTA

Press Release:

United Way of Greater Rochester and the Finger Lakes has finalized agreements with 89 nonprofits to receive multi-year funding grants. Funding distribution is set to begin in January and will total more than $6 million in 2025.

United Way’s award of two, three, and five-year program grants is part of its strategy to deliver impact at scale. The strategy combines United Way’s traditional multi-year grants with additional funding opportunities and nonprofit resources to address the diverse needs throughout the region.

“Our multi-year grants are one way we are helping to support the critical work of local nonprofits and drive impact in our region,” said Jaime Saunders, President & CEO of United Way of Greater Rochester and the Finger Lakes. “Thank you to the generous donors who contributed to our 2024 annual campaign to make these grants possible. We are looking forward to closing gaps and opening opportunities alongside our inspiring partners.”

United Way also recently opened applications for two of their one-year and activity-based funding opportunities--summer program and synergy grants--with more to come in early 2025. Nonprofits are encouraged to learn more and apply to these funding opportunities at unitedwayrocflx.org/nonprofits.

United Way is committed to supporting impactful and essential initiatives so everyone in our region can thrive. Learn more about how you can make an impact by donating to United Way.

The following nonprofits will receive the first installment of multi-year grant funding from United Way in 2025:

• Action for A Better Community
• All Babies Cherished Pregnancy Assistance Center
• American Red Cross, Greater Rochester Chapter
• ANT Alliance  
• Big Brothers Big Sisters of Greater Rochester NY
• Boy Scouts of America, Seneca Waterways Council
• Boy Scouts of America, Western New York Scout Council
• Boys & Girls Clubs of Rochester
• Cancer Action  
• CASA of Rochester-Monroe County  
• Catholic Charities Family & Community Services
• Catholic Charities of the Finger Lakes
• Catholic Charities Steuben/Livingston
• Center for Employment Opportunities
• Challenger Miracle Field of WNY
• Chances and Changes
• Charles Settlement House
• Community Place of Greater Rochester
• Consumer Credit Counseling Service of Rochester, Inc.
• Dansville Food Pantry
• Deaf Refugee Advocacy  
• Family Counseling of the Finger Lakes
• Family Promise of Greater Rochester  
• Family Promise of Ontario County
• Flower City Noire Collective  
• Geneseo Groveland Emergency Food Pantry
• Gillam Grant Community Center
• Goodwill of the Finger Lakes
• Harbor House of Rochester
• Hillside Children's Center
• Hope Center of Le Roy
• Hope585  
• Ibero-American Action League
• Keeping Our Promise  
• Legacy Makers
• Legal Aid Society of Rochester NY
• Legal Assistance of Western New York
• Lifespan of Greater Rochester
• Literacy Volunteers of Wayne County
• Margaret Home  
• Medical Motor Service of Rochester and Monroe County
• MHA Rochester/Monroe County
• Mission Fulfilled 2030
• Monroe Community College Foundation
• Mt. Hope Family Center
• Partnership for Ontario County
• PathStone Corp
• Person Centered Housing Options
• Prosper Rochester
• Providence Housing Development Corporation
• Reach Advocacy  
• Reentry Association of WNY
• Roc Royal  
• Roc the Peace  
• Rochester General Hospital
• Rochester Museum and Science Center
• Salvation Army, Canandaigua
• Salvation Army, Geneva
• Society for the Protection and Care of Children  
• Spot-Canandaigua  
• St. Vincent DePaul Society
• The Center for Teen Empowerment  
• The Center for Youth Services
• The Child Advocacy Center of Greater Rochester
• The Housing Council at PathStone
• The Salvation Army (Rochester Area Services)
• The Salvation Army- Batavia Corps
• Trillium Health
• United Youth Music and Arts  
• UR Medicine Home Care Certified Services
• Urban League of Rochester New York
• URMC Noyes Health - Home Safe Home Program
• Venture Compassionate Ministries
• Veterans Outreach Center  
• Victim Resource Center of the Finger Lakes  
• Volunteer Legal Services Project of Monroe County
• Volunteers of America Upstate New York
• W A V E Women  
• Warrior House Of WNY
• Wayne County Action Program  
• Wayne Pre-Trial Services
• Western New York Rural Area Health Education Center
• Willow Domestic Violence Center
• Women’s Foundation of Genesee Valley  
• Worker Justice Center Of New York  
• World Relief Western NY
• YMCA Of Greater Rochester
• YWCA of Genesee County
• YWCA Of Rochester and Monroe County 

Press Release:

Michael Marsh and David Hall, Edward Jones financial advisors in Genesee County, invite the public to attend a holiday open house from 2 to 4 p.m. on Saturday, December 7, at 7 Jackson Street during Christmas in the City.

Light refreshments will be served.

Press Release:

An expansion of its internal workforce, Tompkins Financial Corporation has welcomed Rebecca McGee as an employee experience team lead in its human resources department. McGee, who brings 16 years of experience to her new role, will support the financial institutions’ existing teams within Tompkins Financial Advisors and Tompkins Insurance Agencies.

“Rebecca has established herself as a dedicated professional, demonstrating her commitment to quality, efficiency and symbiotic employee relationships throughout her career,” said Stacie Mastin, senior vice president, director of human resources. “Her extensive experience and the values she holds are paramount and will undoubtedly make her an asset to our organization.”

A graduate of Plattsburgh State University, McGee holds a Professional Human Resources (PHR) Certification, Society of Human Relations Management Professional Certification (SHRM-PC) and a LEGO Serious Play Facilitator, in addition to her bachelor’s degree. 

Before joining Tompkins, McGee was the director of human resources for the City of Batavia, New York. An active member of her community, McGee serves as a board member for Rochester Regional Health United Memorial Medical Center and the Business Education Alliance (BEA) and volunteers with Leadership Genesee and the Genesee Area Personnel Association.

Currently, McGee resides in Batavia with her husband, Patrick.

The cost of doing business has doubled since the pandemic, said Tim Call, former owner of Empire Tractor, while explaining why he decided to sell the company to Champlain Valley Equipment, a family-owned group of farm equipment retailers based in Vermont.

"He (Brian Carpenter, owner of Champlain) is a great businessman, a great person, and has been great to work with, so I knew that he would take care of our employees and our customers the way that I wanted them taken care of," Call said.

Call started in the industry working for his father's store in Batavia, but when International Harvester was acquired by Case, Call's father sold the business to Case, so Tim Call took a job with Monroe Tractor. 

One day, he needed a new belt for his Troy-built rototiller and that required him to visit Tri-County Tractor, owned at the time by Carl Colantino.

Tim had heard the business had been sold so he asked about it and Colantino said the deal fell through.

"Why? You interested?" Colantino asked.

They talked and Call decided Colantino was asking too much for the business.

"Two weeks later, my mom passed away from cancer. That made me start thinking, what am I going to do? Am I always going to work for somebody else here?" Call said. "I got a chance to own one of the four major farm equipment dealers in United States, and a Ford New Holland dealership at the time. It took a while, but the Tuesday before Thanksgiving in 1994 we actually closed the deal."

In 2000, Tri-County merged with Finger Lakes Tractor and RMC Equipment, forming Empire Tractor.

About eight years ago, Call bought out his seven other partners, and a year later, he brought in Phil Doty as a partner.

Both Call and Doty remain with Champlain. Call is managing the Batavia store and Doty manages Watertown and Canton. 

Since the pandemic, supply chain issues, new tariffs, especially steel tariffs, higher insurance costs, higher wages, and other rising costs have increased business expenses. Since no Call family member is in line to take over the business, and Call turns 65 next month, it seemed like a propitious time to sell.

"It was to the point where, if I were going to stay in business, I'd have to invest a couple million more," Call said. "Where am I going at my age, with nobody coming on? So I just felt it was best, especially when we're putting up against private equity companies like Land Pro, Sydenstricker Nobbe Partners, United Turf and Ag, and all these other people. So, it seemed like the time was right, but I could still work. I still like what I do, and I'll still be here to make sure that our employees and customers around here are taken care of."

As for market conditions, Call said, "The price of the equipment is 50 to 75% higher than it was, and the freight to get it here is twice as much. The setup to put (equipment) together is twice as much. You know, all our costs are up, like everybody else's. All the employees have to get more money. Insurance is going through the roof. It's just the investment to run the business is a lot more than what it was."

He added, "Everybody raised their prices when steel went up. Everybody raised their prices with freight when fuel prices went up. Nobody's dropped. Their prices go up. They don't come back down."

There are bright sides to the industry, though.  Locally, for example, dairy farms are doing well, Call said.

"Right now everybody's saying ag is down. Farming is down," Call said. "Well, they're talking about corn and soybean, and that's mostly the midwest, and any cash grain farmers around here are down, but the dairy farmers are doing pretty well right now, so we're a little more immune to the swings up and down."

Call has known Carpenter, a second-generation owner of Champlain, since Call took over Tri-County. They were part of the same Dealer 20 group (a group of dealers from all over the U.S. and Canada who share best practices and business tips).

Except for Dixie Chopper, a more residential-oriented product, the Champlain product line is much like Empire's -- New Holland, Oxbo, Great Plains, and Woods Equipment. (A full list of lines carried by Champlain can be found by clicking here).

"We've got Kioti, and they've done a great job and got a zero-turn mower. They've got gas and diesel," Call said. "We handle the commercial zero-turn mowers. We don't handle really residential.

Call is confident customers won't notice much difference with the new owner. Most of the Empire employees remain, the equipment lines and service centers remain the same. Other than new cards and new computer systems, not much has changed, Call said.

"They're very customer-focused, like we were. They want to take care of the customers," he said.

Press Release:

Rochester Regional Health (RRH) is proud to announce its inclusion in Becker’s Hospital Review’s esteemed list of the nation's Top 100 Health Systems with Outstanding Oncology Programs. 

This recognition highlights the exceptional work of the Lipson Cancer Institute and its dedication to providing top-tier, patient-centered cancer care. The list recognizes institutions which have “garnered national acclaim for advancing cancer care via their cutting-edge clinical trials and life-changing research.”

Becker's Hospital Review, a leading source of business and legal information for healthcare industry leaders, evaluates hospitals and health systems based on their cancer care services, patient outcomes and overall excellence. Organizations cannot pay to be featured on this list, making this recognition a true testament to the quality of oncology care provided by Rochester Regional Health.

“This recognition of the quality of cancer care being provided by the Lipson Cancer Institute is just one more example where Rochester Regional Health is distinguishing itself as a leader in healthcare in our community, our state and across the nation,” said Richard “Chip” Davis, PhD, CEO of Rochester Regional Health. “Our team’s dedication and expertise make us a leader in oncology, and we are grateful that they go above and beyond to ensure that our patients and their families receive the best care possible.”

This recognition by Becker’s comes on the heels of another recent accreditation for Rochester Regional Health. In August, the Lipson Cancer Institute received a three-year full accreditation as a Network Cancer Program from the American College of Surgeons Commission on Cancer. This accolade distinguishes Rochester General and Unity Hospitals as the only network of cancer centers in upstate New York granted this honor.

“Lipson Cancer Institute is proud to have met the rigorous guidelines required by the American College of Surgeons to achieve this prestigious accreditation,” said Prad Phatak MD, Executive Medical Director of Oncology at RRH. “This honor underscores the work of our multidisciplinary oncology teams who tirelessly provide gold-standard cancer care for our patients while understanding that treatment extends far beyond the physical to include mental and emotional health as well.”

These recognitions by Becker’s and The American College of Surgeons continue to shine the spotlight on Rochester Regional Health and the Lipson Cancer Institute as a beacon of excellence in cancer care, reinforcing the clinical expertise and dedication our clinicians and team members demonstrate every day.

Press Release:

The City of Batavia is pleased to announce the appointment of Gabrielle Kolo to the position of Human Resources Director for the City of Batavia. Kolo was selected following an extensive search for candidates and an active recruitment campaign.  She will assume her new role on December 1.

An Elma native, Kolo holds a Master of Science in Human Resources Management from the State University of New York at Stony Brook, a Bachelor of Science in Business Studies from SUNY College at Buffalo, as well as an advanced certificate in Human Resources Management, a Public Health Essentials Certificate, and SHRM-SCP Certification from the Society for Human Resource Management. 

Kolo currently serves as the Deputy Director of Human Resources for Wyoming County and Wyoming County Community Health Systems overseeing the administration of all personnel actions for the Board of Supervisors, oversite of the Civil Service Commission for the County, schools, and local municipalities in Wyoming County. 

Previous to her appointment to the Deputy Director of Human Resources in Wyoming County, she served for 15 years at Genesee Valley BOCES in various roles including the Human Resources Coordinator, Senior Human Resources Assistant, Human Resources Assistant, Program Assistant in Human Resources and Enrichment as well as an Account Specialist in Purchasing.  Kolo is a member of the Genesee Area Personnel Administration (GAPA) and the Society for Human Resources Management (SHRM).

“Gabrielle brings a wealth of knowledge in governmental human resource management and I am excited to begin working with her.  She is a great fit for the City of Batavia and will help support the City’s workforce with her strategic thinking, ability to lead teams and desire to advance the City’s Human Resources Department,” said Rachael J. Tabelski, City Manager.

Kolo is an avid sportswoman and hunter and lives with her husband in Akron. 

Press Release:

Furthering its commitment to community development, Tompkins Community Bank (Tompkins) has appointed Christian Yunker to its Community Bank Board for Tompkins Western New York. Yunker brings an extensive background in agriculture and economics to his new role. Before returning to his family’s business in 2008, Yunker served as a credit officer and relationship manager at Farm Credit East; currently, he is the managing partner of CY Farms, Batavia Turf, CY Heifer Farm and CY Properties, all operated out of Elba.

“Christian’s agricultural and economic expertise, in addition to his background in public service, will be an asset to our Board,” said Diane Torcello, president, Tompkins Western New York Market. “His knowledge of the area and extensive network will also benefit our board as we continue to expand how we support the communities we serve.”

A dedicated member of the community, Yunker is heavily involved in the Genesee County Legislature. He is a member of several committees, sharing his expertise on agricultural and rural affairs, public service, ag and farmland protection, soil and water conservation and more; Yunker is also a member of the Genesee Association of Municipalities Committee. Most recently, Yunker volunteered as president of the Genesee County Farm Bureau. A graduate of Cornell University, Yunker resides in Elba with his wife and three daughters.