RPI Makes Headlines Again
RPI has once again made the front page of the Times Union today. The company will be building a new $91 million headquarters and R&D Facility, according to the Business Review. The TU estimates the figure at $75 million. An excerpt from the TU:
The manufacturer of silicone sealants and adhesives said that ocne it completes the center, it will being construction on its $16 million global headquarters on the site, just east of the recently completed GE diagnostic imaging facility.
The two buildings will employ 250 people with a $38 million annual payroll. 125 of those will be new to the Capital Region.
We’re not exactly sure what this means for students, because we don’t know how the financing benefits RPI in the long run, but as far as well can tell, it can only mean good things.
The Institute made TU headlines yesterday with a story about Olympic Sledding Research, which you can read here.
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