Amphenol staying put, building in Sidney
SIDNEY – Governor Cuomo announced yesterday that Amphenol will stay in Delaware County.
The manufacturer’s facility on Delaware Avenue in Sidney was severely impacted by flooding and tropical storm events in 2006 and again this past summer and fall, leading executives to consider moving to alternative sites in the tri-county area or outside New York State.
The company will receive a business assistance and retention package of approximately $20 million from the state to help relocate its operations from its current facility in Sidney to a new site one mile west. Amphenol Group Human Resources Director Maria Morgan said the remaining funds for the building project would come from Amphenol. The company’s plating operations will remain at the existing building.
The move will save over 1,000 local jobs; about 300 of which are held by Chenango County residents.
“We’ve been in Sidney for 85 years. A new factory in a high and dry location represents the best solution for our customers by both relieving the flood risk and by preserving decades of industry knowledge and expertise. We have a lot of expertise and knowledge in our employees,” Morgan said.
Amphenol Aerospace, a division of Amphenol Corporation, is one of the world’s largest manufacturers of interconnect products for the military, commercial aerospace, and industrial markets.
“The summer storms took a terrible toll on New Yorkers as well as the businesses that employ them,” Governor Cuomo said. “This should send a message to companies that New York supports its businesses in good times and bad.”
Funding from the state’s $20 million incentive package will be directed to the Delaware County Industrial Development Agency and will help offset the costs associated with site acquisition, building construction, extension of a natural gas line to both the existing facility and new facility, and construction of a levee around the existing plating facility located at 40-60 Delaware Avenue. The Delaware County Industrial Development Agency will facilitate the construction of the levee as well as the new factory in Sidney.
The incentive package is being funded by Empire State Development, Empire State New Market Corporation, and New York State Homes and Community Renewal’s Office of Community Renewal.
Empire State Development President, CEO & Commissioner Kenneth Adams said, “One of the major reasons Amphenol chose to stay in the Southern Tier was the region’s talented workforce and New York’s improved business climate. Under Governor Cuomo’s leadership, we will continue to leverage each region’s unique strengths to build an economy that encourages business growth and investment.”
New York State Homes and Community Renewal (HCR) Commissioner Darryl Towns said, “When partners at every level work together, we make it possible for companies like Amphenol to overcome obstacles and stay in New York State. Amphenol has deep roots in the Southern Tier, is a major part of Delaware County communities, and provides jobs that area families need. With investment from the local, state, and federal government, the company will be able to recover from the recent floods and continue its important role in growing a strong local economy.”
Amphenol Aerospace & Industrial Group Senior Vice President Gary Anderson said, “Thanks to the village, county, state and federal officials and agencies, Amphenol will continue its presence of more than 85 years in Sidney. Thanks also go out to our employees, our suppliers and sister companies for returning operations capability to 100 percent in record time in support of our customers. The new facility represents significant continued investment in our employees, capital and economic presence in the Sidney area, and is truly a threshold step in securing the future of Amphenol in Sidney, New York.”
Amphenol Aerospace, a division of Amphenol Corporation, is one of the largest manufacturers of interconnect products in the world for the military, commercial aerospace, and industrial markets. Amphenol designs, manufactures, and markets cylindrical and rectangular, electronic, fiber optic, EMI/EMP filter, and a variety of special applications connectors and interconnect systems.
The manufacturer’s facility on Delaware Avenue in Sidney was severely impacted by flooding and tropical storm events in 2006 and again this past summer and fall, leading executives to consider moving to alternative sites in the tri-county area or outside New York State.
The company will receive a business assistance and retention package of approximately $20 million from the state to help relocate its operations from its current facility in Sidney to a new site one mile west. Amphenol Group Human Resources Director Maria Morgan said the remaining funds for the building project would come from Amphenol. The company’s plating operations will remain at the existing building.
The move will save over 1,000 local jobs; about 300 of which are held by Chenango County residents.
“We’ve been in Sidney for 85 years. A new factory in a high and dry location represents the best solution for our customers by both relieving the flood risk and by preserving decades of industry knowledge and expertise. We have a lot of expertise and knowledge in our employees,” Morgan said.
Amphenol Aerospace, a division of Amphenol Corporation, is one of the world’s largest manufacturers of interconnect products for the military, commercial aerospace, and industrial markets.
“The summer storms took a terrible toll on New Yorkers as well as the businesses that employ them,” Governor Cuomo said. “This should send a message to companies that New York supports its businesses in good times and bad.”
Funding from the state’s $20 million incentive package will be directed to the Delaware County Industrial Development Agency and will help offset the costs associated with site acquisition, building construction, extension of a natural gas line to both the existing facility and new facility, and construction of a levee around the existing plating facility located at 40-60 Delaware Avenue. The Delaware County Industrial Development Agency will facilitate the construction of the levee as well as the new factory in Sidney.
The incentive package is being funded by Empire State Development, Empire State New Market Corporation, and New York State Homes and Community Renewal’s Office of Community Renewal.
Empire State Development President, CEO & Commissioner Kenneth Adams said, “One of the major reasons Amphenol chose to stay in the Southern Tier was the region’s talented workforce and New York’s improved business climate. Under Governor Cuomo’s leadership, we will continue to leverage each region’s unique strengths to build an economy that encourages business growth and investment.”
New York State Homes and Community Renewal (HCR) Commissioner Darryl Towns said, “When partners at every level work together, we make it possible for companies like Amphenol to overcome obstacles and stay in New York State. Amphenol has deep roots in the Southern Tier, is a major part of Delaware County communities, and provides jobs that area families need. With investment from the local, state, and federal government, the company will be able to recover from the recent floods and continue its important role in growing a strong local economy.”
Amphenol Aerospace & Industrial Group Senior Vice President Gary Anderson said, “Thanks to the village, county, state and federal officials and agencies, Amphenol will continue its presence of more than 85 years in Sidney. Thanks also go out to our employees, our suppliers and sister companies for returning operations capability to 100 percent in record time in support of our customers. The new facility represents significant continued investment in our employees, capital and economic presence in the Sidney area, and is truly a threshold step in securing the future of Amphenol in Sidney, New York.”
Amphenol Aerospace, a division of Amphenol Corporation, is one of the largest manufacturers of interconnect products in the world for the military, commercial aerospace, and industrial markets. Amphenol designs, manufactures, and markets cylindrical and rectangular, electronic, fiber optic, EMI/EMP filter, and a variety of special applications connectors and interconnect systems.
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