New York State's largest biotech plans to build a $1.8 billion facility in the "Mid-Hudson Region" and create 1,000 full-time jobs.

On Wednesday, New York Gov. Kathy Hochul announced the groundbreaking for Regeneron's $1.8 billion research, preclinical manufacturing, and support facilities in the "Mid-Hudson Region."

Regeneron Continues to Grow in the Mid-Hudson Region

Don Pollard
Don Pollard
loading...

This will be based at Regeneron's Westchester County campus in Tarrytown. Now, before you "shoot the messenger" and point out that Westchester County isn't in the Mid-Hudson Valley, I have to point out that Gov. Hochul's office considers Westchester County to be part of the "Mid-Hudson Region." Also, when former Gov. Andrew Cuomo announced COVID regions for New York State, Westchester County was in the "Mid-Hudson Region."

"Regeneron is a New York State company with a record of success in creating lifesaving advancements that benefit the entire world. Additionally, Regeneron is a company that invests in the surrounding communities and its employees. Not only will Regeneron continue to bring substantial economic growth to the Mid-Hudson Region, but they will also continue to be a good community partner in the region," Empire State Development President, CEO and Commissioner Hope Knight said.

For all the news that the Hudson Valley is sharing make sure to follow Hudson Valley Post on Facebook, download the Hudson Valley Post Mobile App and sign up for the Hudson Valley Post Newsletter.

New York State's Largest Biotech Company Expanding in Tarrytown, New York

Don Pollard
Don Pollard
loading...

Regeneron is New York State's largest biotech company and is most known for its COVID and cancer treatments.

"We have been a proud New York company since our beginning over three decades ago, during which time we have invented industry-leading drug discovery technology and developed ten FDA-approved or authorized medicines entirely in our own laboratories. New York State has played an important role in our success by consistently recognizing the value of innovation, fostering an inclusive and dynamic biomedical industry, and helping to attract top talent to the region," Regeneron President and Chief Executive Officer Leonard S. Schleifer said.

Over 1,000 Full-Time Jobs Created in Hudson Valley

Hochul announced Regeneron plans to create at least 1,000 new full-time, high-skill jobs in the Mid-Hudson Region over the next five years.

Don Pollard
Don Pollard
loading...

"New York is a leader in the life sciences industry in part due to the decades of investment and many groundbreaking scientific advancements at Regeneron," Governor Hochul said. "The COVID-19 crisis was one demonstration of how quickly and effectively Regeneron is able to deploy its drug discovery and development engine against devastating diseases. Regeneron's work has undoubtedly saved countless lives in New York and throughout the United States, and we are proud that Regeneron will continue to create good jobs and invest in the Mid-Hudson region as they work to make additional breakthroughs against blindness-causing diseases, cancer, genetic diseases and more."

Regeneron Expanding Westchester County, New York Campus

Hochul's office called Regeneron a "biotechnology leader that invents and manufactures life-transforming medicines for people with serious diseases."

Don Pollard
Don Pollard
loading...

Regeneron looked at a number of other sites throughout the tri-state area before deciding to expand in the Hudson Valley, officials say.

To help encourage the company to continue to expand in New York, the Empire State Development offered up to $100 million in performance-based Excelsior Jobs Program tax credits.

The $1.8 billion project will be completed in two phases over the next 6 years. Construction should be completed in 2027. Officials believe the project will show a nearly $2 billion economic benefit to New York State.

A Peek Inside The Abandoned Camp La Guardia in Chester, NY

Photographer Emma Ferriter and creator of Decaying Hudson Valley shared photos with us of the inside of the abandoned Camp LaGuardia in Chester. There have been reports of preserving the former women's prison and homeless shelter in the near future.

WARNING: Under no circumstances should you enter this property. By doing so you risk bodily harm and/or prosecution for trespassing on private property.

This Literal Castle for Sale has a Lagoon, Infinity Pool, and FOUR Kitchens

Live like royalty in this lakeside castle in Orange County, NY

Steeped in Baseball History a $3.6 Million 'Field of Dreams' Being Built in Gloversville

The Parkhurst Field opened in 1906 and was home to the New York State League's J.A.G.'s (Johnstown-Amsterdam-Gloversville) minor league affiliate of the Brooklyn Superbas. One of the central characters in the 1989 movie "Field of Dreams" was "Moonlight Doc Graham". He played on this field in 1907. He was a baseball player and a doctor with hopes to play in the big leagues. The Parkhurst Field has been home to Guilderland Little League and has just begun a major transformation. The $3.6 million project will be completed by 2023 transforming it into a destination for travel little league teams and honoring its rich baseball history. Check out the renderings of what the complex will look like. It's amazing.

Top Nine Hudson Valley Hotspots To Help Avoid 'I'm Bored' This Summer

School is just about done for most of the Hudson Valley, let us help you avoid those words every parent never wants to hear....'i'm bored!'