3/30/2011 10:48:00 AM

Democrat and Chronicle: Smart System Technology Center to get $5M for improvements

Democrat and Chronicle

New York is putting $5 million in taxpayer funds toward beefing up the organic light emitting diode manufacturing and other technology development capabilities at the Smart System Technology and Commercialization Center in Canandaigua.

The money is coming from Empire State Development Corp.’s Upstate Regional Blueprint Fund, which was created to finance business developments and boost economic development work across upstate.

The money comes as Moser Baer Technologies, the U.S. division of a $4 billion corporation based in India, is spending $17 million to set up a pilot production facility for OLED lighting panels at the former Infotonics Technology Center. Full article