Moog Inc., designer and manufacturer of electric, electro-hydraulic and hydraulic motion, controls and systems, will undertake a significant expansion with the addition of new high-tech manufacturing equipment in East Aurora, New York. The $25 millions project is expected to create 500 jobs over the next five years.
The investment will include building renovations and the purchase and installation of high-tech machinery, equipment, furniture and fixtures. The expansion will provide additional manufacturing space with some mixed-use areas for research, development and support staff.
"With the generous support of New York State, we have been able to accelerate our investments in our major facilities just outside Buffalo, NY,” said Chairman and CEO of Moog Inc. John Scannell. “Our investments in buildings and advanced manufacturing equipment are helping to create new jobs in the highly skilled manufacturing sector. These jobs are across multiple end markets including defense, space and the electrification of construction equipment. We are very excited about the long-term opportunities these markets present for our base in East Aurora. Investment in organic growth, with the support of the State of New York, will ensure the continued success of Moog into the decades to come."
New York State, through Empire State Development, will provide up to $15 million in Excelsior Jobs Program tax credits in return for Moog achieving its job creation commitments.
Programs that will be supported by the project include the F-35 Joint Strike Fighter, V-22 Osprey tiltrotor, full flight training simulators, and hardware for satellites and NASA programs.
"New York is committed to helping companies like Moog invest in Western New York and expand their state-of-the-art facilities to generate new high-paying jobs in the region," Governor Kathy Hochul said. "When it comes to economic development we have one goal: to be the most business- and worker-friendly state in the nation. This latest expansion by Moog creating up to 500 new jobs is evidence of New York's thriving manufacturing sector and is a testament to our successful efforts to rebuild and revitalize our state's economy."
Moog is an American-based designer and manufacturer of electric, electro-hydraulic and hydraulic motion, controls and systems for applications in aerospace, defense, industrial and medical devices.