Romania-Based Alexandrion Group Establishes Distillery in Hudson Valley, New York
The company will renovate the new distillery in Putnam County, creating 102 new jobs over five years. Upon completion in 2020, the new distillery will produce premium spirits tailored for the U.S. market such as whiskey, bourbon, gin, brandy and vodka.
The Alexandrion Group will create 102 new jobs and invest more than $40 million in the construction and renovation of its new 120,000-square-foot distillery and tasting room located at 39 Seminary Hill in Carmel, Putnam County, subject to local approvals, according Governor Andrew M. Cuomo’s Office.
Chairman of Alexandrion Group Nawaf Salameh said, "We are delighted to work together with the local authorities in a large project that will introduce Alexandrion Group to the American market. It is an opportunity to share from our expertise in order to develop new products tailored for the U.S. customers. Investing in the local economy is a strategic move that will allow us to be present in the United States and use this base as a starting point for exports in the rest of the world. We are convinced that this partnership will be successful, with great benefits for both Alexandrion Group and the local community."
"The Mid-Hudson Valley's vibrant economy has attracted businesses and residents from across the world, and with the addition of the Alexandrion Group's first U.S. distillery, this region will continue to flourish," Governor Andrew Cuomo said. "The company's investment is proof-positive that New York is a premier destination for food and drink enthusiasts, and we look forward to Alexandrion Group's continued success in the Empire State."
Empire State Development, New York's chief economic development agency, worked closely with the Alexandrion Group to bring the project to New York, offering the company up to $2.7 million in performance-based tax credits through the Excelsior Jobs Program.
ESD President, CEO, and Commissioner Howard Zemsky said, "The Hudson Valley is quickly growing into a national capital for beverage and spirit production, with all the right ingredients to support producers of all sizes - including abundant natural resources, an unbeatable workforce, and visitors from around the world."
State Liquor Authority Chairman Vincent Bradley said, "Under Governor Cuomo New York has worked hand in hand with the industry to remove regulatory and legislative obstacles that impeded growth, encouraging both large manufacturers and new entrepreneurs to open and expand."
Supply Chain Bottlenecks Creating New “Logistical Hotspots”
2020 Top States for Doing Business Showcase Their Pro-Business Environments
Auto Industry Is Betting on Sustainability
2021 Auto/Aero Site Guide
Challenges Facing the Auto Industry Post-Pandemic
2021 Auto/Aero Site Guide
Latest Trends in the Industrial Real Estate Sector Here to Stay
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts