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Gigafactory New York
Gigafactory New York (also known as Giga New York or Gigafactory 2) is factory leased by Tesla, Inc. in the Riverbend section of Buffalo, New York. The factory, owned by the State of New York, was built on brownfield land remediated from a former steel mill. Construction of the factory started in 2014 and was completed in 2017. It produces the Tesla Solar Roof and Tesla Superchargers. Additionally, Tesla employs data analysts for its Autopilot software at the site. The plant was a component of New York Governor Andrew Cuomo's " Buffalo Billion" stimulus package to provide US$1 billion in investments in the Buffalo area. In 2013, Cuomo announced that lighting manufacturer Soraa and solar panel manufacturer Silevo would share the site. SolarCity purchased Silevo in 2014, and SolarCity was acquired by Tesla in 2016. The companies announced plans to increase the manufacturing operations and employment at the site, bumping Soraa out of the plant, and New York’s total investment in ...
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Buffalo, New York
Buffalo is a Administrative divisions of New York (state), city in the U.S. state of New York (state), New York and county seat of Erie County, New York, Erie County. It lies in Western New York at the eastern end of Lake Erie, at the head of the Niagara River on the Canada–United States border, Canadian border. With a population of 278,349 according to the 2020 census, Buffalo is the List of municipalities in New York, second-most populous city in New York State after New York City, and the List of United States cities by population, 82nd-most populous city in the U.S. Buffalo is the primary city of the Buffalo–Niagara Falls metropolitan area, which had an estimated population of 1.1 million in 2020, making it the List of metropolitan statistical areas, 49th-largest metro area in the U.S. Before the 17th century, the region was inhabited by nomadic Paleo-Indians who were succeeded by the Neutral Confederacy, Neutral, Erie people, Erie, and Iroquois nations. In the early 1 ...
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Republic Steel
Republic Steel is a Mexican steel manufacturer that was once America’s third largest steel producer. It was founded as the Republic Iron and Steel Company in Youngstown, Ohio in 1899. After rising to prominence during the early 20th Century, Republic suffered heavy economic losses and was eventually bought out before re-emerging in the early 2000s as a subsidiary. The company currently manufactures Special Bar Quality (SBQ) steel bars and employs around 2,000 people. It is currently owned by Grupo Simec, based in Guadalajara, Mexico. Corporate history Origins and rise to prominence In 1927, Cyrus S. Eaton acquired and combined Republic with several other small steel companies, with the goal of becoming large enough to rival U.S. Steel. The newly named Republic Steel Corporation was headquartered in Cleveland, Ohio, and became America's third largest steel company, trailing only U.S. Steel and Bethlehem Steel after acquiring Bourne-Fuller Company and the Central Alloy Stee ...
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Bid Rigging
Bid rigging is a fraudulent scheme in a procurement action which enables companies to submit non-competitive bids. It can be performed by corrupt officials, by firms in an orchestrated act of collusion, or by officials and firms acting together. This form of collusion is illegal in most countries. It is a form of price fixing and market allocation, often practiced where contracts are determined by a call for bids, for example in the case of government construction contracts. The typical objective of bid rigging is to enable the "winning" party to obtain contracts at uncompetitive prices (i.e., at higher prices if they are sellers, or lower prices if they are buyers). The other parties are compensated in various ways, for example, by cash payments, or by being designated to be the "winning" bidder on other contracts, or by an arrangement where some parts of the successful bidder's contract will be subcontracted to them. In this way, they "share the spoils" among themselves. Bid rig ...
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Alain Kaloyeros
Alain E. Kaloyeros (, , born 1956, Beirut) is an American physicist. He was the chief executive officer and sixth president of the SUNY Polytechnic Institute in Utica, New York. Early life and education Kaloyeros was born in Beirut to a Lebanese mother and Greek father. His family is Greek Orthodox Christian. He attended Lebanese University and graduated with a License D’Enseignement in Mathematics and Physics with honors and left Lebanon in 1980 for graduate school in Florida at the University of Miami, and he transferred to the University of Illinois, Urbana-Champaign. Kaloyeros graduated from The University of Illinois, Urbana-Champaign with a doctorate in Experimental Condensed Matter Physics in 1987 with a perfect grade point average of 5.000/5.000. Kaloyeros has authored and co-authored over 200 scientific articles in technical journals and contributed to 8 books on topics pertaining to the science and technology of nanotechnology, nanoelectronics, nano-optoelectronics, na ...
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Solar Shingle
Solar shingles, also called photovoltaic shingles, are solar panels designed to look like and function as conventional roofing materials, such as asphalt shingle or slate, while also producing electricity. Solar shingles are a type of solar energy solution known as building-integrated photovoltaics (BIPV). There are several varieties of solar shingles, including shingle-sized solid panels that take the place of a number of conventional shingles in a strip, semi-rigid designs containing several silicon solar cells that are sized more like conventional shingles, and newer systems using various thin-film solar cell technologies that match conventional shingles both in size and flexibility. There are also products using a more traditional number of silicon solar cells per panel reaching as much as 100 watts DC rating per shingle. Solar shingles are manufactured by several companies. History Solar shingles became commercially available in 2005. In a 2009 interview with Reuters, a sp ...
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CNBC
CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Daytime television in the United States, daytime trading day, and early-evening hours, with the remaining hours (such as weekday prime time and weekends) are filled by business-related Television documentary, documentaries and reality television programming, as well as occasional NBC Sports presentations. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and podcast content, as well as subscription-based services. CNBC's headquarters and main studios are located in Englewood Cliffs, New Jersey, while it also maintains a studio at the Nasdaq MarketSite in Times Square, New York City. CNBC was originally founded in April 1989 as the Consumer News and Business Channel, a joint venture between NBC ...
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Lyndon Rive
Lyndon Robert Rive (born 22 January 1977) is a South African-American businessman known as the co-founder of SolarCity, and its CEO until 2016. SolarCity is a provider of photovoltaic systems and related services. Rive co-founded SolarCity with his brother Peter in 2006. Rive started his first company at age 17 before leaving his native country, South Africa. He then co-founded the enterprise software company Everdream, which was ultimately acquired by Dell. In 2010, Rive was named in the ''MIT Technology Review's'' Innovators Under 35 as one of the top 35 innovators in the world under the age of 35. After Tesla, Inc. acquired SolarCity in 2016, Rive announced in 2017 that he would leave the company and spend his time with his family along with further entrepreneurial activities, including working on a new startup. Awards In 2013, Rive was an Ernst & Young Entrepreneur of the Year Award winner in the Northern California Region. Personal life Lyndon Robert Rive and his ...
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SUNY Polytechnic Institute
The State University of New York Polytechnic Institute (SUNY Polytechnic Institute or SUNY Poly) is a public university in the Marcy, New York, town of Marcy, New York, in the Utica–Rome metropolitan area. It is part of the State University of New York (SUNY) system, serving as its institute of technology. The institution was established as the Upper Division College at Herkimer/Rome/Utica in 1966. SUNY Poly is accredited by the Middle States Commission on Higher Education. The university has programs in the disciplines of engineering, engineering technology, and other programs and degrees in business administration, technology, nursing, design, professional studies, and the arts and sciences. It offers undergraduate and graduate study, including five doctoral programs. History The university was initially established in 1966 as a graduate and upper-division (transfer) institution known as the Upper Division College at Herkimer/Rome/Utica. Beginning in 1969 the school offered ...
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Silevo
SolarCity Corporation was a publicly traded company headquartered in Fremont, California, that sold and installed solar energy generation systems as well as other related products and services to residential, commercial, and industrial customers. The company was founded on July 4, 2006, by Peter and Lyndon Rive, the cousins of SpaceX and Tesla CEO Elon Musk. Tesla acquired SolarCity in 2016, at a cost of approximately US$2.6 billion (equivalent to $ billion in ) and reorganized its solar business into Tesla Energy. SolarCity heavily focused on door-to-door sales of leased systems, where customers would pay no upfront costs, but agreed to purchase the power generated by those panels from the company for 20 years. The business model became the most popular in the US and made the company the largest residential solar installer, but it caused SolarCity to have over $1.5 billion in debt by the time of its acquisition in 2016 (equivalent to $ billion in ). Prior to its acquisition ...
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Brownfield
Brownfield is previously-developed land that has been abandoned or underused, and which may carry pollution, or a risk of pollution, from industrial use. The specific definition of brownfield land varies and is decided by policy makers and land developers within different countries. The main difference in definitions of whether a piece of land is considered a brownfield or not depends on the presence or absence of pollution. Overall, brownfield land is a site previously developed for industrial or commercial purposes and thus requires further development before reuse. Examples of post industrial brownfield sites include abandoned factories, dry cleaning establishments, and gas stations. Typical contaminants include hydrocarbon spillages, solvents and pesticides, asbestos, and heavy metals like lead. Many contaminated post-industrial brownfield sites sit unused because the cleaning costs may be more than the land is worth after redevelopment. Previously unknown underground w ...
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State Of New York
New York, also called New York State, is a state in the northeastern United States. Bordered by New England to the east, Canada to the north, and Pennsylvania and New Jersey to the south, its territory extends into both the Atlantic Ocean and the Great Lakes. New York is the fourth-most populous state in the United States, with nearly 20 million residents, and the 27th-largest state by area, with a total area of . New York has a varied geography. The southeastern part of the state, known as Downstate, encompasses New York City, the most populous city in the United States; Long Island, with approximately 40% of the state's population, the nation's most populous island; and the cities, suburbs, and wealthy enclaves of the lower Hudson Valley. These areas are the center of the expansive New York metropolitan area and account for approximately two-thirds of the state's population. The larger Upstate area spreads from the Great Lakes to Lake Champlain and includes the Adirond ...
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Rust Belt
The Rust Belt, formerly the Steel Belt or Factory Belt, is an area of the United States that underwent substantial Deindustrialization, industrial decline in the late 20th century. The region is centered in the Great Lakes and Mid-Atlantic (United States), Mid Atlantic regions of the United States. Common definitions of the Rust Belt include Ohio, Indiana, Northern Illinois, southeastern Wisconsin, Michigan, Pennsylvania, and Upstate New York. Some broader geographic definitions of the region include parts of Central Illinois, Iowa, Kentucky, Maryland, Minnesota, Missouri, New Jersey, and West Virginia. The term "Rust Belt" is considered to be a pejorative by some people in the region. Between the late 19th century and late 20th century, the Rust Belt formed the industrial heartland of the country, and its economies were largely based on Iron and steel industry in the United States, iron and steel, Automotive industry in the United States, automobile production, Coal mining in t ...
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