Area Development
Multisorb Technologies, Inc., a manufacturer of desiccants, packaged absorbents and advanced polymers, will create at least 75 new jobs and retain 352 existing positions as it expands its facility in Cheektowaga, New York, according to state economic development officials. The company will invest $2.5 million to refurbish three existing buildings in Cheektowaga - a project that is already underway - while retaining its company headquarters in nearby West Seneca. "We have an outstanding work force that is totally focused on our customers and providing quality products to meet their needs," says Jim Renda, the company's executive vice president and COO. "This investment will help secure their futures here while also providing new opportunities." Incentives offered to Multisorb include an $800,000 capital grant from the state, a county industrial revenue bond, and a loan from a local bank.