Solstice to Invest $49 Million in Buffalo R&D Expansion

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Summary · why it matters

Solstice Advanced Materials announced plans to invest $49 million to expand research and development capabilities at its Buffalo, New York facility. The investment is supported by up to $1.4 million in performance-based tax credits from New York State through the Excelsior Jobs Program, administered by Empire State Development. The project will establish a next-generation innovation platform at the Buffalo research campus, including expanded refrigerant and thermal management research, enhanced toxicological testing, and a new lab for advanced energy storage materials. Solstice has committed to creating 12 new full-time positions at the Buffalo facility by June 2027. The site employs approximately 180 scientists, engineers and support staff and has generated more than 3,700 patents globally since opening in 1955.

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