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Area Development - Site Selection, Facility Planning and Workforce Development

Argo Turboserve Corp. Expands in Schenectady, New York

06/08/2010
Lyndhurst, New Jersey-based Argo Turboserve Corp. is expanding into a 22,000-square-foot office in Schenectady, New York. The growth represents an investment of $1.5 million. Argo, which has utilities, aerospace, and industrial divisions, produces mechanical and electronic parts for fossil and nuclear power plants.

"We decided to invest here [in Schenectady] and grow here," said Argo Founder and CEO Clyde Keaton. "The technical talent pool is one of the reasons we stayed."

Argo will add 15 engineer and technician employees in Schenectady over the next three years, bringing its work force there to 30 people.

The Empire State Development Corporation has extended a $100,000 capital grant to Argo, and the Schenectady Metroplex Development Authority will offer $150,000 towards expansion costs.

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