BINGHAMTON (WBNG) — An Endwell company is getting $250,000 for placing in a state economic development competition aimed at growing clean energy companies.
A total of $2.5 million was awarded to six finalists in the 76West Clean Energy Competition. New York State Lieutenant Governor Kathy Hochul announced the winners Monday morning at the DoubleTree by Hilton Hotel in Binghamton.
Rochester-based EkoStinger was named the $1 million grand prize winner. The company makes aerodynamic devices that attach to the underside of tractor-trailers, which cuts down on emissions and saves fuel.
Hub Controls, from Ireland, won $500,000 for its smart energy products that helps homeowners better manage their utility bills.
Four companies were awarded $250,000. They include Connexus Controls from Albany, Utah-based PassiveLogic, and Switched Source, from Detroit, Michigan.
Southern Tier Technologies, from Endwell, was among the $250,000 winners. Southern Tier Technologies creates products to help customers reduce carbon emissions and reduce utility bill costs.
As part of the competition, companies must move to the Southern Tier or set up direct connections to the Southern Tier. These connections can include supply chains, job development with Southern Tier companies, or other relationships that spark job and wealth creation.
According to a press release from Governor Andrew Cuomo’s office, EkoStinger will expand its operations to the Southern Tier.