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Dresser-Rand To Build New HQ In N.Y.

Energy technology manufacturing company to build new headquarters and research and development facility at its western New York operations, adding over 100 jobs.

OLEAN, N.Y. (AP) -- An energy technology manufacturing company plans to build a new headquarters and research and development facility at its western New York operations, adding more than 100 jobs.

The Empire State Development Corp. on Wednesday approved a $2 million grant for the $14 million project at Houston-based Dresser-Rand's facility in Olean, 60 miles south of Buffalo.

Company officials say 120 jobs will be added in Olean, where Dresser-Rand already employs around 550. The company has about 1,800 employees at other locations in the Southern Tier.

Dresser-Rand supplies energy conversion technology to clients in the oil and petrochemical industries.

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