By: Edwin Martinez
Governor Andrew M. Cuomo today joined Dunkirk Mayor Willie Rosas and other state leaders in announcing a major expansion of Athenex that will create 1,400 jobs in Dunkirk and Buffalo. This announcement, made possible by a partnership with the SUNY Polytechnic Institute, 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 Governor 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.
Howard Zemsky, President, CEO and Commissioner, Empire State Development said: “This significant expansion by Athenex, through a combined state and private investment, not only reinforces the dynamic business climate that has taken hold in Buffalo and Western New York, but it validates Governor Cuomo’s vision for the creation and development of a local economy that attracts outside business interests and, in the case of Athenex, keeps a homegrown company in the community that fostered its initial development. This is a perfect example of the Governor’s determination to support business development in our region through unique public/private partnerships that will provide cutting-edge, good-paying jobs that are sustainable.”
Athenex will invest a minimum of $1.62 billion in Western New York over the next ten years.