Binghamton University Libraries
ALBANY, N.Y. (AP) - Gov. Andrew Cuomo and New York legislative leaders gave initial strong support to a proposal by the state University at Binghamton to create a $70 million "smart energy'research facility to spin off products and companies.
The pitch is in response to the state's offer of competitive grants to meld the 64 campuses of the State University of New York with business development and job growth.
Binghamton University officials say Wednesday more than 800 jobs will be created using public and private funding. Different high-technology development is planned at SUNY's other university centers in Buffalo, Stony Brook and Albany.
Binghamton-area Sen. Thomas Libous says the facility could eventually support hydofracking for natural gas if the technology wins state approval.
The 60 smaller SUNY campuses are also bidding for grants.
Copyright 2012 by The Associated Press. All Rights Reserved.