Governor Hochul Announces Solstice Advanced Materials to Expand in Buffalo

$49 Million Expansion Project Will Establish the Facility as Solstice's Premier Global R&D Hub

Photo of the Facility IsAvailable Here

Governor Kathy Hochul today announced that Solstice Advanced Materials US, Inc. is expanding in Buffalo. Solstice, a global leader in high-performance specialty materials, will construct, renovate and equip its Peabody Street research and development facility to enhance and expand the company's R&D capabilities in advanced materials and chemical processes. The $49 million investment will establish the Buffalo site as Solstice's premier global R&D hub, reinforcing Western New York's role at the cutting edge of advanced chemical manufacturing. The project will create 12 new jobs, building on the company's existing 180-person Buffalo workforce.

"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," Governor Hochul said. "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."

Solstice Advanced Materials US, Inc. Senior Director for R&D Ryan Hulse said, "This investment will accelerate the innovation our customers and critical industries depend on while creating new opportunities for growth in Buffalo. By expanding our R&D capabilities here, we are strengthening our proven hub in Buffalo for advancing next-generation solutions from lab to market, where they help solve real-world challenges and support end markets that drive jobs and investment."

Formed in October 2025 as a spin-off of Honeywell Technologies' specialty materials business, Solstice focuses on next-generation, environmentally friendly specialty materials for essential global industries, including refrigeration, foam insulation, aerosols, energy storage and semiconductor manufacturing.

To support the expansion project, Empire State Development is providing up to $1.4 million through the performance-based Excelsior Jobs Tax Credit Program.

Empire State Development President, CEO & Commissioner Hope Knight said, "Solstice Advanced Materials' commitment to Buffalo highlights the strength of New York's high-tech ecosystem under Governor Hochul's leadership. By supporting strategic infrastructure and R&D enhancements like this, we are ensuring that manufacturers have the tools they need to drive global innovation and local economic growth."

Read the full press release here.