Athenex set to expand manufacturing facilities in Western New York, create 1,400 jobs (NY)
DUNKIRK, N.Y. — Athenex will create 1,400 jobs throughout Western New York with the expansion its headquarters, and the construction of a new facility.
It was made possible by a partnership with the SUNY Polytechnic Institute, and includes a major expansion of Athenex’s North American headquarters at the Conventus Building in Buffalo, as well as the creation of a state-of-the-art, 300,000-square-foot manufacturing facility in Dunkirk. The combined projects are expected to yield a $1.62 billion investment over ten years from Athenex, along with $225 million from New York State.
“Western New York’s economic transformation has captured the attention of companies and investors around the globe,” said Gov. Andrew Cuomo. “The business development environment in and around Buffalo has made it clear to cutting-edge companies that this is the right place to put down roots and thrive. Whether it’s pharma-based development, medical research, clean technology or advanced manufacturing, this region is defined by incredible opportunities and potential for growth. I am proud to congratulate Athenex – which could have gone anywhere – on beginning this exciting new chapter, creating good-paying jobs and further strengthening the region’s and state’s economy.”
Athenex was founded at the University of Buffalo and expanded in 2003 with a ten-year funding stream committed by more than one hundred local business and medical leaders in upstate New York.
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Image courtesy of PR Newswire
Source: PR Newswire