DUNKIRK – Governor Andrew Cuomo will be in Dunkirk Thursday morning for a major announcement regarding economic development.
While there hasn’t been too many details released regarding his announcement, it’s believed it will be connected to a line-item in his recent executive budget, involving plans to spend $200 million to build a high-tech drug manufacturing center in Dunkirk for a Buffalo biotech company.
According to the Buffalo News, Cuomo will reveal details about the project, which will see the state construct a facility in the Town of Dunkirk for Athenex, a specialty cancer drug startup headquartered on the Buffalo Niagara Medical Campus.
The company is expected to create at least 500 jobs after moving into the facility. As news of the announcement came out Tuesday, local officials praised the state for its investment in an area that has suffered some serious economic setbacks in recent years.
Cuomo will be at Dunkirk High School to make the announcement at 10:30 a.m.