Communications Test Design Invests $11.4 Million To Establish Testing, Repair and Logistics Center In Glenville, New York
01/29/2014
The Galesi Group will construct a 151,000 square foot building at the town of Glenville Business and Technology Park, of which, CTDI will lease 130,000 square feet with an option to expand into the remaining space.
“CTDI is very excited about the opportunity to expand our network of state-of-the-art repair and logistics service centers into New York State to support our customers in the Northeastern U.S.,” said Vice President of CTDI Corporate Operations W. Paul Cardell. “The cooperation and support CTDI is receiving from Schenectady County and the State of New York were very important factors in our decision to locate our new operation in the Glenville Business and Technology Park. We look forward to partnering with the Galesi Group to build and establish a world-class facility and service operation that will bring new employment opportunities to the local community.”
“I am pleased that as a result of our support, CTDI has chosen New York State as the place to locate their new high-tech facility and create 150 new jobs,” Gov. Andrew Cuomo said. “Over the last three years, we have made it a priority to jumpstart the economy in Upstate New York, and the decision by CTDI to establish its new operations center in Schenectady County is another example that our efforts are working.”
To assist CTDI with its location to New York State, Empire State Development is providing $800,000 in performance-based Excelsior Jobs Program tax credits, provided as the company creates new jobs. The project also includes the purchase of machinery, fixtures and equipment, as well as employee training, and the company will be recruiting for management positions, electronics repair technicians, test technicians and logistics personnel.
“We are pleased to assist CTDI, whose investment in New York State will complement the growing communications and high-tech industry in the Capital Region,” said Empire State Development President, CEO and Commissioner Kenneth Adams. “The region, with its skilled and talented workforce, is ripe for companies like CTDI looking to establish a firm presence in New York State.”
In addition, the Schenectady County Metroplex Development Authority will provide a $175,000 grant toward project costs which total $11.4 million, and an application also has been submitted to National Grid for a $250,000 grant to help offset the costs of running gas and electric service to the new building to serve CTDI’s requirements.
Ray Gillen, Chair of the Schenectady County Metroplex Development Authority, said, “CTDI is an outstanding company and we are proud that they selected Schenectady County. We worked very hard to bring this company to our community and we would not have been successful without the unwavering support of Governor Cuomo, his economic development team and the Galesi Group’s commitment to once again make a major investment in a new 151,000 square foot building.”
David M. Buicko, COO of the Galesi Group, said, “The support we received on this project is an example of how economic development can and should work. The Governor and Empire State Development were outstanding. Metroplex, Schenectady County and the Town of Glenville worked together seamlessly to win this project over dozens of competing sites that wanted these new jobs. We are pleased to make this additional investment in Schenectady County to bring CTDI to the Glenville Business and Technology Park.”
Art Hamlin, Director of Economic Development and Corporate Citizenship for National Grid, said, “Our Capital Investment Incentive program was created to help level the competitive playing field of site selection for prospects. We are pleased to be able to offer energy infrastructure assistance that can encourage a high-performing company like CTDI to invest in New York State.”
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