LAKE KATRINE – Cadenza Innovation, a manufacturer of lithium-ion batteries, has expressed interest in establishing a multi-hundred-million-dollar facility at iPark87, the former Tech City, in the Town of Ulster and U.S. Senator Charles Schumer and Hudson Valley Economic Development Corporation President Michael Oates met with its CEO, Dr. Christina Lampe-Onnerud.

Oates said they discussed the advantages of setting up shop in the Hudson Valley.

“I think as we continue these discussions, we are hopeful that this is where their decision will come to and excited to certainly have this campus really become a hub for green technology, battery storage, and a host of other innovative technologies, which I think this company can help us lead the way to,” he said.