Schenectady, NY, June 25, 2013 – Schenectady County officials today announced that Auterra, a clean energy company, will move to 2135 Technology Drive in the City of Schenectady.
“We are pleased to welcome Auterra to Schenectady County,” said Marty Finn, Chairman of the County Legislature’s Committee on Economic Development and Planning. “Schenectady County has become a leader in attracting new investment into renewable energy and new technology business, and Auterra will be a great addition to our growing list of green energy companies.”
Auterra President and CEO Eric Burnett said, “We’re excited to be improving our physical space and capabilities with this move. The company’s oil upgrading technology is moving into the commercialization phase and having the more robust infrastructure will be very beneficial to accelerating our growth.”
Auterra has developed a patented catalytic process that enables energy companies to upgrade lower quality oil using less energy than existing technologies. The firm has been awarded six patents and has another nine patents under review.
The company is currently located in Malta but has outgrown its current space. Auterra considered a number of locations before selecting the 21,600 square foot building on Technology Drive in Schenectady.
The Schenectady County Metroplex Development Authority will provide a $75,000 grant to assist with project costs.
The Tech Drive Business Park in Schenectady is home to Fortitech, Astria Solutions, Auto Saver Systems, M&P Labs, Frank Murken Products, Starfire Systems and Pace Analytical.
The Galesi Group and BBL Construction Services own 2135 Technology Drive and will lease the building to Auterra.
About Auterra Inc.
Auterra Inc. is a clean energy company, specializing in catalyst and process technology for the purification and upgrading of heavy crude oil and oil distillates. Auterra’s FlexDS technology is a low-cost, low-energy process that minimizes carbon dioxide emissions while maximizing oil value. The company is located in the Tech Drive Business Park in Schenectady, NY.
For information you can find us at www.AuterraInc.com or call 518.899.9600.