Retech Systems Expands Tonawanda, New York, Operations
The company will lease additional space to expand manufacturing capabilities and warehouse current inventory. Operations are scheduled for early 2025.
“Retech is excited to be expanding further in the Buffalo area by moving into the building at 175 Milens Road,” Retech Managing Director and President Earl Good said. “The new space is necessary to meet our manufacturing needs and allow the continued development of new technologies – both for Retech and our customers. We have been happy with the support we have received in the Buffalo area so far, and we look forward to being part of the local community for a long time.”
Empire State Development is offering up to $500,000 through the Excelsior Jobs Program in exchange for job commitments. State support for the project requires the creation of 40 new full-time jobs by 2033 and the retention of 48 jobs.
“Retech’s expansion marks yet another significant boost for the Western New York economy and further evidence that the manufacturing resurgence in the region is real,” noted Empire State Development President, CEO & Commissioner Hope Knight. “Through the investment and leadership of Governor Hochul, a company is rising up and realizing its full potential, while also creating the jobs of the future in the manufacturing sector.”
Retech, a wholly owned subsidiary of SECO, supplies metallurgical processing equipment to various industries. The company’s processes and technologies have been applied to melting, refining and casting reactive and refractory metals (like Titanium & Titanium alloys), super alloys and rare earth metals.
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