Irish company NEST iON to expand in Rochester, N.Y.
The company, which produces high-performance lithium batteries, will locate at Kodak's Energy Storage Hub at the Eastman Business Park in the Finger Lakes.
The project will result in the creation of at least 17 new full-time jobs over the next three years.
NEST iON produces high-performance lithium batteries, specifically designed for law enforcement, intelligence agencies and military applications that help increase the performance and efficiency of intelligence equipment.
Founded in 2013, the company boasts the highest energy-density batteries available on the market.
Four years ago, NEST iON began working with European law enforcement agencies, and through that collaboration, developed a new type of cell that produces a significant increase in the autonomy and efficiency of the equipment it powers.
As a result, Nest iON will create a new pilot production line that will be located at the business park in the Finger Lakes, which is expected to be up and running in the coming weeks.
To encourage the Irish firm to choose New York for its U.S. operations, Empire State Development offered NEST iON a grant of up to $200,000 in return for the company’s investment and the creation of 17 new jobs.
The total cost of the project at the East Business Park project is approximately $1.7 million dollars. ■