Business Facilities - October 2008 - (Page 34)

BUSINESS REPORT New York Francis Labbe, CEO of Impress. “We had a wide choice of locations for this major development, but we have been so impressed by the energy and the support offered by the State of New York that our decision to locate the plant here was easy.” Within the same month of We have other good things, too: • Strategic location • Great engineering source • New technology • Skilled productive workforce • Affordable housing • Educational opportunities • World class natural & cultural assets • Excellent transportation system • 5th largest port of entry for foreign trade in U.S. • I.D.A. 80% tax relief over 10 or 15 years • Sales tax exemption on building materials & equipment CALL US NOW LANCASTER INDUSTRIAL DEVELOPMENT AGENCY 21 CENTRAL AVE., LANCASTER, N.Y. 14086 716 683 1610 w w w. l a n c a s t e r n y. c o m #0725 at www.BusinessFacilities.com 34 OCTOBER 2008 Impress USA’s decision, SCA Tissue North America, one of the three largest producers of tissue products used away from home in North America, announced a $20million expansion project at their facility in Glen Falls. The company received a MAP capital grant worth $500,000 to help offset the costs of purchasing new machinery and equipment for the new facility. In addition to retaining 294 full-time positions, this expansion will provide considerable benefits to New York’s economy—SCA Tissue’s total purchases of goods and services in Upstate New York exceeded $35 million in 2007. In June, Dresser-Rand, the largest global supplier of rotating equipment solutions to the worldwide oil and gas, chemical, petrochemical and process industries, announced it is investing $14.7 million to build a new state-ofthe-art technology center in Olean in Upstate. Due to its location in New York’s “Empire Zone,” the company is eligible for millions in tax credits and other incentives. “As one of the largest private sector employers in the Southern Tier and Western New York with more than 2,300 employees, DresserRand’s decision to retain and expand its operations in Olean was critical,” says Gov. David Paterson. “With ESD support, we are helping ensure that Dresser-Rand is able to compete in the world marketplace.” Dresser-Rand previously had considered moving its technology staff and other personnel back to its headquarters in Houston. However, due to support from New York it decided to stay, and is now receiving a $2-million grant from the state, resulting in the creation of 120 new jobs. http://www.lancasterny.com http://www.lancasterny.com http://www.BusinessFacilities.com

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Business Facilities - October 2008 Contents First Word Snapshots Metro Spotlight: Phoenix, AZ Essential Relocation Tips Metro Spotlight: Fayette County, GA Corporate Moves: Kentucky Austria: Hungry for International Trade Foreign Trade Zones: Global Expansion at Reduced Cost New York is Banking on High-Tech Growth Metro Spotlight: Cuba, MO The Garden State is Growing it's City Centers Information Technology: No Signs of a Slowdown Advertiser Index Inside LiveExchange

Business Facilities - October 2008

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