BETHLEHEM — The Albany County Industrial Development Agency has decided to give fuel cell and hydrogen manufacturer Plug Power a major break on the job-creation requirements the agency tied in 2022 to millions of dollars in financial support the company received from the county to build its new, $125 million headquarters in Slingerlands.
The Business Review was the first to report the IDA’s decision, although the two sides had been in discussions about modifying the agreement for months.
Under the terms of the deal, Plug Power was required to have 1,087 employees in Slingerlands by the end of 2025. Instead, it had just 848 workers in Slingerlands, less than 80% of the requirement…