Advertisement

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.

Credits

WNYT Staff

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

Advertisement
Relay Media Amp
Advertisement
Advertisement
No injuries in Ravena Fire

Police investigating missing wheelchair from young shooting victim

Police: Aurora attacker used gun he shouldn't have owned

Survey grading kids' 'privilege' status outrages Saratoga Springs parents

Gunman kills 5 people, wounds 5 police at Illinois business

Advertisement