12 July 2011

PFT awarded $1.5m to expand thin-film PV and LED equipment manufacturing capacity

The New York State Energy Research and Development Authority (NYSERDA) has awarded $1.5m to Precision Flow Technologies (PFT) of Saugerties, NY, USA, which provides outsource manufacturing, ultra-high-purity specialty gas and chemical handling equipment (as well as measurement and metrology systems in support of process-critical applications), to help expand its capacity to manufacture solar thin-film and LED production equipment at its site in TechCity Kingston, NY.

Since 2007, NYSERDA has provided funding to help New York State companies develop or expand facilities to manufacture innovative renewable, clean energy or energy-efficient products. Including this award, NYSERDA has competitively awarded $13m to help nine New York State companies expand their operations and create jobs. These awards are projected to leverage more than $150m in private sector investment. “NYSERDA’s partnerships with companies that are manufacturing innovative products is helping support the growth of the clean energy economy in New York State,” says NYSERDA’s president & CEO Francis J. Murray Jr. “These cutting-edge companies are creating the products that will help New Yorkers save energy, create jobs, and improve our environment for the future,” he adds. 

“This support from NYSERDA will enable Precision Flow to accelerate our growth,” says president Kevin Brady. “The markets for our products are growing at breakneck speed, and New York State’s investment in our growth will help ensure that we can grow fast enough to meet the demand.”

Tags: Gas delivery systems

Visit: www.precisionflow.com

Visit: www.nyserda.org

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