ALBANY, N.Y. (AP) — Two high-tech manufacturers say they plan to make a sizeable investment in Rochester with a new headquarters and research facility that state leaders say could create 1,400 jobs over the next five years.
Gov. Andrew Cuomo announced Wednesday that the two companies, Avogy and Photonica, will locate their headquarters in Rochester and build a new research and development site at the Eastman Business Park.
Avogy develops and builds technology that powers electronic devices. Photonica is a developer of high-tech video displays.
The state plans to invest $40 million in the expansion to pay for new tools and infrastructure upgrades at the site.
Cuomo, a Democrat, says the companies' decision to make Rochester their home is a "transformative moment" in efforts to make the area a national leader in photonics.