Biotech company Regeneron announces $800 million investment at Rensselaer labs

September 12, 2018 11:23 AM

RENSSELAER - Regeneron has announced it will invest $800 million over the next seven years in its manufacturing facility and labs in Rensselaer.

The biotechnology company says the expansion will create 1,500 new full-time jobs.

Advertisement – Content Continues Below

Empire State Development offered the company up to $140 million in incentives and tax credits as encouragement.


WNYT Staff

Copyright 2018 WNYT-TV LLC, a Hubbard Broadcasting Company. All rights reserved

Relay Media Amp
Ex-aide to Gov. Andrew Cuomo gets six years in prison

New details on state official asking boys to wear diapers

4 dead, including suspect, after Maryland warehouse shooting

Racist graffiti spray-painted on Berkshire County man's home

One-ton truck, SUV collide in Selkirk