September 14, 2020
From Governor Cuomo:
Governor Andrew M. Cuomo today announced that 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 is in addition to its Li-Cycle’s first US ‘Spoke’ operation already located at the park in Monroe County. The company has committed to creating at least 100 new jobs at the Hub, in addition to the 23 who will be working at the Spoke facility. In January of 2020, Empire State Development announced that Li-Cycle would establish its first US-based facility in New York State in an effort to tap into the robust lithium-ion battery supply chain and ecosystem in Rochester, New York and the USA. Li-Cycle plans to begin construction on the Hub facility in 2021.
“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. Ultimately, the Hub operation in Rochester will receive battery materials from the Rochester Spoke and similar operations across the US, and process them further for use as raw materials in future manufacturing, including for new batteries. ESD is assisting Li-Cycle with up to $5 million through the Excelsior Jobs Tax Credit Program once the business starts meeting new employment commitments. Monroe County and Greater Rochester Enterprise are also assisting with the project.