Instrumentation Manufacturer Expanding Operations in New York

Instrumentation Manufacturer Expanding Operations in New York

The Empire State Development is providing INFICON with a $1 million grant and $1.5 million in performance-based Excelsior Jobs program tax credits.

INFICON, Inc., provider of instrumentation,sensor technologies and advanced process control software announced yesterday that it will expand its manufacturing operations in East Syracuse, New York.

The company will invest $20 million to build an addition to its existing facility, creating 40 new jobs and retaining 240 existing jobs.

It has been in business in Central New York for nearly half a century and is near capacity in its current 30 year-old building. This is the first phase 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.

“This expansion will lead to the creation of high quality local jobs in research and development and world-class product manufacturing and drive continued growth in our export business," said Peter Maier, president of INFICON Inc.

INFICON exports to more than 50 countries and has grown 300% over the last decade. In 2013, the company won the President’s E Award for superior performance in export growth and was the only New York State manufacturer to receive this prestigious honor.

Empire State Development is providing INFICON with a $1 million grant and $1.5 million in performance-based Excelsior Jobs program tax credits, which secured the expansion project in the Central New York region instead of at one of the company’s other global locations.

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 phase 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.

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