Delaware County, Amphenol to receive $3.8 million in disaster aid
SIDNEY – Tuesday marked a critical milestone in the development of a new manufacturing site for Sidney-based Amphenol Aerospace.
It was announced Tuesday that Delaware County is slated to receive $3.8 million in disaster aid funding through the Economic Development Administration (EDA) to help Amphenol Aerospace back on its feet after being crippled not once, but twice by flooding within a five-year stretch; once in 2006 and again by Tropical Storm Lee in 2011.
Funding comes by way of a larger pot of $200 million from the EDA that is designated for disaster funding, which Delaware County officials have hoped for since flooding ravaged the area more than a year and a half ago.
Amphenol Aerospace - a division of the Amphenol Corporation - is one of the wold’s largest manufacturers of interconnect products for the military, commercial aerospace and industrial markets. The firm has been a key employer for Delaware and bordering Chenango County for more than 85 years.
Having suffered two devastating floods within a five year period, subsequently costing the company millions to get back into business, Amphenol Aerospace has been looking to move from its current location to a newly built facility, saving over 1,000 jobs, approximately 300 of which are held by Chenango County residents.
United States Senator Charles Schumer stood at the future site of Amphenol on Tuesday to announce securement of the $3.8 million, which will permit the Delaware County Industrial Development Agency (IDA) to move forward with a new flood-proof site in Sidney for high-tech companies like Amphenol. The new site is just one mile west of Amphenol’s current location but well outside the flood plain.
The securement of funding, noted Schumer, is a critical first step toward the site relocation of Amphenol and ensures hundreds of good-paying jobs remain in the area.
“This disaster relief will spur economic development in the Souther Tier and save 1,000 Amphenol jobs in Sidney,” he stated in a press release. “A lot of work went into securing this funding, but now the Delaware County residents can rest assured that its largest employer is there to stay.”
“We are extremely thankful to Senator Schumer and the Delaware County Industrial Development Agency for the diligence expended in applying for and being awarded the grant,” said Richard Aiken, general manager for Amphenol Aerospace. “This grant was integral in the financing for Amphenol to build a plant on higher ground in the Village of Sidney, which will create good jobs for many generations of future New Yorkers.”
Added Delaware County IDA Director Glenn Nealis, “Without the financial assistance from the Economic Development Administration, the IDA would not be able to make the infrastructure investment necessary to keep Amphenol in Sidney.”
Following the 2011 flooding that nearly shut down the Amphenol’s Sidney plant permanently, the company explored options of moving outside the area and possibly out of the state. By November 2011, it was announced that the company would stay put and build anew.
It was announced Tuesday that Delaware County is slated to receive $3.8 million in disaster aid funding through the Economic Development Administration (EDA) to help Amphenol Aerospace back on its feet after being crippled not once, but twice by flooding within a five-year stretch; once in 2006 and again by Tropical Storm Lee in 2011.
Funding comes by way of a larger pot of $200 million from the EDA that is designated for disaster funding, which Delaware County officials have hoped for since flooding ravaged the area more than a year and a half ago.
Amphenol Aerospace - a division of the Amphenol Corporation - is one of the wold’s largest manufacturers of interconnect products for the military, commercial aerospace and industrial markets. The firm has been a key employer for Delaware and bordering Chenango County for more than 85 years.
Having suffered two devastating floods within a five year period, subsequently costing the company millions to get back into business, Amphenol Aerospace has been looking to move from its current location to a newly built facility, saving over 1,000 jobs, approximately 300 of which are held by Chenango County residents.
United States Senator Charles Schumer stood at the future site of Amphenol on Tuesday to announce securement of the $3.8 million, which will permit the Delaware County Industrial Development Agency (IDA) to move forward with a new flood-proof site in Sidney for high-tech companies like Amphenol. The new site is just one mile west of Amphenol’s current location but well outside the flood plain.
The securement of funding, noted Schumer, is a critical first step toward the site relocation of Amphenol and ensures hundreds of good-paying jobs remain in the area.
“This disaster relief will spur economic development in the Souther Tier and save 1,000 Amphenol jobs in Sidney,” he stated in a press release. “A lot of work went into securing this funding, but now the Delaware County residents can rest assured that its largest employer is there to stay.”
“We are extremely thankful to Senator Schumer and the Delaware County Industrial Development Agency for the diligence expended in applying for and being awarded the grant,” said Richard Aiken, general manager for Amphenol Aerospace. “This grant was integral in the financing for Amphenol to build a plant on higher ground in the Village of Sidney, which will create good jobs for many generations of future New Yorkers.”
Added Delaware County IDA Director Glenn Nealis, “Without the financial assistance from the Economic Development Administration, the IDA would not be able to make the infrastructure investment necessary to keep Amphenol in Sidney.”
Following the 2011 flooding that nearly shut down the Amphenol’s Sidney plant permanently, the company explored options of moving outside the area and possibly out of the state. By November 2011, it was announced that the company would stay put and build anew.
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