Governor Cuomo announces INFICON Breaks ground on expansion of manufacturing operations in East Syracuse
Governor Andrew M. Cuomo today announced INFICON, Inc. broke ground on the planned expansion of its manufacturing operations in East Syracuse. The company, a leading provider of instrumentation, sensor technologies and advanced process control software for a variety of industries including the semiconductor and precision-optic sectors, selected Central New York over several locations worldwide including China. INFICON will invest $20 million to build an addition to its existing facility, resulting in the creation of 40 new high-paying jobs and the retention of 240 existing jobs.
“This administration has worked hard to improve New York’s business climate and make this a place where companies can grow, create jobs and help strengthen the state’s economy,” Governor Cuomo said. “INFICON’s decision to stay in Central New York and grow in central New York is a win for the region and yet another sign that upstate is on the move.”
INFICON, which has been in business in Central New York for nearly half a century and is near capacity in its current 30 year-old building, will construct and equip a 64,000 square-foot addition to its existing 140,000 square-foot manufacturing facility. This is the first part of a multi-phase expansion plan that will allow the company to continue to grow and improve sales and exports, as well as increase its portfolio of new products through increased research and development.
New York State is providing INFICON with a $1 million grant and $1.5 million in Empire State Development’s performance-based Excelsior Jobs program tax credits, which are tied directly to job creation commitments and were critical in the company expanding in Central New York versus other global locations. INFICON is headquartered in Switzerland and has manufacturing facilities in Europe, the United States and China, as well as subsidiaries in China, Finland, France, Germany, India, Italy, Japan, Korea, Liechtenstein, Singapore, Sweden, …read more
From:: CBRNe (CBRN)