What Happened
Global Technology Leader Expands New York Operations
Governor Kathy Hochul announced that GE Aerospace is investing $225 million to enhance operations at its Research Center site in Niskayuna, Schenectady County. The project will create 75 new jobs and modernize facilities, equipment, and infrastructure. Empire State Development is supporting the investment with up to $8.42 million in performance-based tax credits. This development was reported by an official New York State government website.