Governor Cuomo Announces Li-Cycle to further grow operations at Eastman Business Park and move "Finger Lakes Forward"
September 15, 2020
Governor Cuomo Announces Canadian Firm Li-Cycle to Build $175 Million Lithium-Ion Battery Recycling Hub in Monroe County. Li-Cycle Incorporated, a North America based lithium-ion battery resource recovery company, will further grow its operations in New York State. The company will invest over $175 million dollars in a lithium-ion battery recycling 'Hub' on a 15.4-acre parcel of land at Eastman Business Park (EBP)
"This international partnership with Li-Cycle will foster the supply chain of lithium-ion batteries, which are in high demand, and will further expand the thriving energy storage industry in the region," Governor Cuomo said. "By investing in New York's cleantech economy we are creating quality jobs and supporting our state's clean energy businesses as we build back stronger from the COVID crisis and continue to move the Finger Lakes forward."
Li-Cycle's "Spoke" and "Hub" operations will complement each other. There will be several US-based Spokes that aggregate and refine spent, lithium-ion batteries so that the materials are separated and can be made into products. Rochester's Li-Cycle Spoke, due to open this Fall, will be capable of shredding up to 5,000 t/yr of spent lithium-ion batteries.
Li-Cycle selected Eastman Business Park after determining it was the best location for the company to quickly develop the Hub by leveraging existing infrastructure at the park and provide services to its growing client base across the US and beyond.