GCEDC board approves application from Graham Manufacturing
The Genesee County Economic Development Center (GCEDC) voted to accept applications for incentives from Graham Manufacturing and Gateway GS, LLC at the agency’s Feb. 7 board meeting.
Graham Manufacturing is investing $1.075 million for capital improvements to expand various properties at its campus in the City of Batavia. The company will renovate an existing 8,000 square feet of buildings, including an expansion and renovation of its 4,000-square-foot welding school to meet market demand for welders.
An existing 4,000-square-foot manufacturing building also will be repurposed and the company will build a new 5,000-square-foot warehouse for storage needs. The capital investments will help Graham retain 291 jobs in the City of Batavia.
The company is seeking sales, mortgage and property tax exemptions totaling approximately $130,000. For every $1 of public benefit offered, Graham Manufacturing is investing and helping generate an economic contribution/ impact of approximately $5.90 into the economy.
Gateway GS, LLC is investing $450,000 to build out the interior of an existing 27,000-square-foot speculative building the company constructed in 2018 at the Gateway II Corporate Park in Batavia. The project would create five new jobs.
Gateway GS, LLC intends to lease the space where tenants would provide input to the final buildout. Among the various uses that the building offers includes space for warehouse, distribution, light manufacturing, technology and commercial operations.
The company is seeking sales, mortgage and property tax exemptions totaling approximately $206,000. For every $1 of public benefit offered, Gateway GS, LLC is investing and helping generate an economic contribution/ impact of approximately $12.60 into the economy.
“We are very excited to support two great projects that will have significant economic impacts for Genesee County and Batavia,” said GCEDC Board Chairman Paul Battaglia.
“These projects demonstrate the importance of assisting companies such as Graham Manufacturing that are retaining jobs and in the instance of Gateway GS creating new jobs and hopefully even more new jobs as they bring in tenants to their spec building.”
rubber stamp, nothing new here, move along, back to vacation.