Ferguson Enterprises Opens $40.5 Distribution Center In Coxsackie, New York
The $40.5 million project includes a 460,000 square-foot warehouse in the Fountain Flats Business Park and was made possible by $1.2 million in performance-based Excelsior Jobs Program Tax Credits from Empire State Development. The project was supported by the Capital Region Economic Development Council, as it aligns with the strategies for economic growth and prosperity for the eight-county region.
The facility's location along the New York State Thruway, provides the company with better access to its stores in upstate New York and throughout New England.
"Our newest distribution center is now fully-operational and we are proud to welcome 75 associates to the Ferguson family from Coxsackie. This project would not have happened without the help and support of many - from various statewide agencies to Greene County and its Industrial Development Agency to the residents of Coxsackie. We look forward to a long-lasting partnership with the community,” Ferguson CEO Frank Roach said.
"By choosing Coxsackie over 60 other communities in seven states, Ferguson demonstrated faith in our workforce and faith in our community. Through joining forces in a public-private collaborative effort to bring the Ferguson project to fruition, Coxsackie is assured a growing workforce and increasing revenue long into the future. The choice of locating its newest distribution center in our community is good for Ferguson and good for Coxsackie,” Town Supervisor Richard Hanse said.
"The Greene County IDA appreciates Empire State Development assistance in helping us secure such a significant investment in our county. In today's competitive environment, it is critical to work with agencies from the state and with local partners to overcome obstacles, secure deals, and grow the economy. I'm happy to say that is exactly what happened with Ferguson Enterprises – thank you for making the commitment to our region,” Greene County IDA Chairman Eric Hoglund said.
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