A North Carolina company is planning to bring operations to Canandaigua, and with that expansion, create 214 jobs locally.
According to Empire State Development officials, Akoustis Technologies has also agreed to make significant investments of up to $20 million at the facility in Canandaigua, which is called the Smart Systems Technology & Commercialization Center.
State officials say Akoustis also committed to retaining the 31 existing employees now working there. As part of the deal, Empire State Development has offered the company up to $8 million in performance-based tax credits.
Akoustis makes an electronic filter designed to improve the efficiency of smartphones.
Akoustis will be paying $2.75 million for the Canandaigua facility.
Empire State Development President Howard Zemsky said, “When combined with its skilled workforce, the Finger Lakes region’s burgeoning R&D and advanced manufacturing industry cluster create the perfect environment for innovative companies like Akoustis to grow and thrive."
