As reported by the Buffalo News, Viridi Parente, a Buffal-based energy technology company that develops fail-safe energy storage systems—is expanding its focus from producing lithium-ion batteries for construction equipment to energy storage systems, which are in high demand for managing energy use and costs. The company's shift to energy storage has significantly grown its sales, with projections to reach $60-$70 million in 2024.
The company has revitalized a former manufacturing complex on Buffalo’s East Side and is actively engaged in the community, aiming to provide jobs to nearby residents. The company employs 120 people, with plans to increase to 200 by year-end, and draws much of its workforce from the local community through the GreenForce Training program.
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