“A “fast-growing” technology company is seeking to set-up shop at the Airport Business Park in Glenville, bringing with it a $10 million investment and 100-plus new jobs, according to the county’s top economic development official.
Ray Gillen, the commissioner of economic development and planning for Schenectady County, informed county lawmakers of the investment during Monday’s Committee on Economic Development and Planning meeting, where he urged lawmakers to move forward with selling a 1-acre parcel in the county-owned business park needed to address stormwater runoff for a proposed 65,000-square-foot manufacturing facility currently under review.
Gillen did not reveal the name of the company because a final lease agreement is still not in place, but noted a “very exciting, dynamic, fast-growing technology company” has an option in place for the facility.
“The company is a technology firm that plays in the area of power, defense and aerospace, so they’re a great fit to the Airport Business Park,” he told lawmakers. “These are high-paid manufacturing technology jobs and they’re employment — they’re at the top of the pay scale.””
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Arnold, Chad. Schenectady Daily Gazette 10 August 2024.