A subsidiary of French company Compin-Fainsa, Compin USA will locate a manufacturing plant in Wayland, New York. The facility will build seats for transportation industry projects. The $270,000 project is expected to create up to 31 new jobs in Steuben County.
According to Empire State Development, Compin USA is leasing manufacturing space vacated by Gunlocke which recently announced a local workforce reduction in its upholstery division. The company will exclusively manufacture railway passenger seats and interior components at the plant and create an upholstery business unit in which subcomponents of seats will be produced.
Marc Jammot, President & CEO of Compin Group said, “The implementation of the Compin Inc. plant is a key milestone in the Compin-Fainsa organic growth. Whereas Compin-Fainsa features a well developed industrial footprint in Europe (5 industrial sites) the launch of the Compin US plant will enable our Group to meet our long-term strategy in developing its Seats and Interior Systems railways business for the North American continent. We want indeed to take advantage of the skilled American workforce as well as the presence of the assembly plant of main US car builders in the NY state to tighten our links with local partners. We are very proud to settle in Wayland and to develop our partnership with the company Gunlocke. Over the next months we will transfer to our US plant our Seat know-how to offer to the US railways passengers the high-end quality and comfort of European seats.”
ESD is supporting this project with up to $80,000 in Excelsior Tax Credits. The Steuben County Industrial Development Agency also offered technical assistance to help bring the two companies together.
Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler added, "Compin USA’s arrival in the Southern Tier will further strengthen the transportation manufacturing sector that is helping drive the region’s resurgence. Investing in key industries like this one, across New York State, creates jobs and sets the foundation for long-term, sustainable economic growth."