Greater Rochester Enterprise, an economic development organization committed to attracting new businesses to the region, and New York Photonics Industry Association, a nonprofit dedicated to promoting and enhancing the New York state optics, photonics and imaging industry, recently announced an alliance.
The partnership allows both organizations to leverage Greater Rochester’s advantage in optics, photonics and imaging to support business attraction and expansion in the region.
“The Greater Rochester region is a world leader in optics, photonics and imaging,” said Matt Hurlbutt, GRE interim president and CEO. “GRE’s partnership with New York Photonics enhances business development efforts to leverage our region’s strengths with OPI companies across the globe. In turn, the upward trend of attracting and retaining world-class businesses will continue to climb.”
Greater Rochester is rich with knowledge, experience and innovation in optics manufacturing, metrology and imaging. More than 120 OPI companies employ approximately 17,000 residents in the region with $3 billion in annual sales. The industry continues to grow, with a 5 to 7 percent annual employment increase in small and medium-sized enterprises.
“No region in the nation can match our strategic advantage in OPI industries,” said Thomas Battley, NYPIA executive director. “Now is the time to work together to strategically promote our region and enhance its economic growth. This partnership between GRE and New York Photonics is what is needed now. We are delighted with the prospect of undertaking a marketing effort with GRE.”
The region is a research and manufacturing hub supported by University of Rochester’s Institute of Optics, Laboratory for Laser Energetics and Rochester Institute of Technology. UR is responsible for educating more than 60 percent of the optics doctoral degrees in the nation. The region generates a vast number of the nation’s patents in OPI technologies, and holds the No. 1 spot for per capita patents in the nation. Approximately 95 percent of OPI patent holders live in Rochester.
To support the partnership, both organizations will attend Optifab, an optical manufacturing conference and exhibition, on Oct. 16-19, and SPIE Photonics West, the world’s largest photonics technologies event, on Jan. 30-Feb. 1, 2018.