It’s reported that Precision Flow Technologies (PFT) ,the provider of outsource manufacturing, gas and chemical handling equipment, has been awarded $1.5 million from New York State Energy Research and Development (NYSERDA).
This NYSERDA award will be used to help the company expand its capacity to manufacture solar thin-film and LED production equipment.
NYSERDA has started to provide funding to help New York State companies develop or expand facilities to manufacture innovative renewable, clean energy or energy efficient products since 2007. Including this award, NYSERDA has competitively awarded $13 million to help nine New York State companies expand their operations and create jobs. These awards are projected to leverage more than $150 million in private sector investment.