Solstice Announces $49 Million Investment to Expand Research and Development Capabilities in Buffalo, New York
PR Newswire•09/10/2026•11:33 ET
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Key Highlights
- ➤Solstice (SOLS) plans $49 million investment in Buffalo R&D capabilities.
- ➤New York offers up to $1.4 million in performance-based tax credits.
- ➤Project adds refrigerant, thermal management, toxicology and energy-storage research capabilities.
- ➤Solstice commits to creating 12 full-time Buffalo positions by June 2027.
Expert Statements
David Sewell, President and Chief Executive Officer of Solstice
“Innovation is one of the core reasons customers choose Solstice, and these investments will strengthen our ability to develop and commercialize the next generation of advanced materials.”
David Sewell, President and Chief Executive Officer of Solstice
“Buffalo has played an important role in our innovation efforts for decades, and these projects will expand the site's capabilities in areas aligned with long-term growth trends. By investing in Buffalo, we are helping advance the solutions our customers need while supporting future growth across critical industries.”
Kathy Hochul, Governor of New York State
“New York continues to be a magnet for the industries of tomorrow, and Solstice's decision to anchor its premier R&D facility right here in Buffalo proves that our economic strategy is working.”
Kathy Hochul, Governor of New York State
“This $49 million investment will create good-paying jobs, foster cutting-edge research and keep New York at the forefront of the green technology revolution.”
Tom Isberg, Vice President, R&D, Solstice
“This investment will accelerate the innovation our customers and critical industries depend on while creating new opportunities for growth in Buffalo.”
Tom Isberg, Vice President, R&D, Solstice
“By expanding our R&D capabilities here, we are strengthening Solstice's proven hub for advancing next-generation solutions from lab to market. We are grateful for the support of New York State and Empire State Development, whose partnership is helping strengthen Buffalo's long-standing role as a center for scientific innovation and research.”
Solstice Announces $49 Million Investment to Expand Research and Development Capabilities in Buffalo, New York PR Newswire
Empire State Development to support the investment with up to $1.4 million in performance-based tax credits through New York's Excelsior Jobs Program
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