Global Building Products Manufacturer Built Facility on 75 acres in the Town of Bath: Will Create More Than 60 New Jobs
Investment Complements “Southern Tier Soaring” - The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy
Empire State Development (ESD) today announced that leading engineered wood building products manufacturer LP Building Solutions (LP) today official marked the grand opening of new, engineered wood siding prefinishing facility located on 75 acres in the Town of Bath, Steuben County. The company will produce its LP® SmartSide® ExpertFinish® product at the state-of-the-art 90,000-square-foot facility located at the Steuben County Industrial Development Agency’s Business Park site off of State Route 54. The company is receiving its exterior home siding product at the new facility via rail from its production mills. The material will then be painted, packaged, and distributed via LP’s existing network throughout the Northeast and beyond. As a result of the project, LP plans to create approximately 60 new jobs in the Southern Tier region over the next several years. To date, there are 35 employees working on-site.
“LP chose to expand into the Southern Tier thanks to the top-tier talent and industry assets that are invaluable to the region’s success,” said Empire State Development President, CEO and Commissioner Hope Knight. “This project highlights how our strategic incentives to foster forward-thinking companies are helping to strengthen the economy and create good-paying jobs, both in Steuben County and across New York State.”
ESD is assisting this project with up to $1 million through the performance-based Excelsior Jobs Tax Credit Program in exchange for job creation commitments. New York State Electric and Gas (NYSEG), the Steuben County IDA, and B&H Railroad are also providing assistance for the project.
LP Executive Vice President, Siding General Manager Jason Ringblom said, “LP’s prefinished home siding product, ExpertFinish, has seen strong growth since its 2020 launch. By expanding into the Northeast, we can better serve the popular new home construction and repair and remodel markets in the region. Additionally, we are excited to welcome Steuben County and its highly skilled workforce to the LP family. We look forward to the mutual benefits this collaboration will undoubtedly bring.”
Founded in 1972, LP Building Solutions is headquartered in Nashville, Tennessee. As a leader in high-performance building solutions, the company manufactures engineered wood building products that meet the needs of builders, remodelers, and homeowners worldwide. The company operates 23 manufacturing facilities across the U.S., Canada, Chile, and Brazil and employees approximately 4,300 people.
Senator Thomas F. O’Mara, said, “The arrival of LP Building Solutions is an outstanding addition to the regional economy and fantastic news for workers and local taxpayers. It's the culmination of a lot of hard work by local and state leaders to secure an investment that promises good jobs, exciting economic opportunities, and important community development."
Assemblyman Phil Palmesano, said, "This investment is the result of an outstanding team effort by local and state leaders and it's great to be able to welcome the new LP Building Solutions facility to the town of Bath and Steuben County. These high-quality manufacturing jobs and valuable economic opportunities could not arrive at a more important time and will help strengthen the economy locally and across the region. It's fantastic news."
Town of Bath Supervisor Ronald Smith, said, “We are pleased to see the transformation of the former IDA Business Park into the new LP facility and are excited to see the rail line in Bath being used once again. The company is a welcome addition to the community, and we thank Louisiana-Pacific Corporation for its investment in Bath.”
Trish Nilsen, CEO of NYSEG and RG&E, said, “It’s important to NYSEG and RG&E to support job growth in the Southern Tier, so our $400,000 grant to LP Building Solutions aligns with our strategic goals Strengthening the economy of Upstate New York is a chief objective of our Capital Investment Incentive Program, and we were happy to work with Empire State Development to provide these funds.”
Jeff Bauman, Vice President of B&H Rail Corporation, said, “This is an exciting time for LP, Steuben County, and the Town of Bath NY. The B&H Railroad is proud to have been a part of the team responsible for the decision by LP to locate in Steuben County. The opening of the LP plant in Bath NY is the result of a team of dedicated individuals across the County, State and Railroad working together to grow Steuben County. Congratulations to LP, Jamie Johnson, and the entire Steuben County IDA team for this success.”
Steuben County IDA Executive Director James C. Johnson, said, “We are pleased to be celebrating LP’s grand opening and want to thank the company and their project team for the confidence in our community and the hard work to make this possible. We would also like to recognize the various partners who were involved with making this investment happen; the efforts of our partners are a true example of Steuben County’s commitment to grow our economy. The IDA looks forward to supporting LP as the company grows and provides job opportunities for the residents of our area.”
For additional Information about LP, visit: https://lpcorp.com/.
Accelerating Southern Tier Soaring
Today's announcement complements “Southern Tier Soaring,” the region’s comprehensive strategy to generate robust economic growth and community development. The regionally designed plan focuses on attracting a talented workforce, growing business and driving innovation. More information is available here.
About Empire State Development
Empire State Development (ESD) is New York’s chief economic development agency (www.esd.ny.gov). The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing the Regional Economic Development Councils and the marketing of ““I LOVE NY", the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.
Contact:
Shari Voorhees-Vincent | [email protected] | (585) 399-7055
ESD Press Office | [email protected] | (800) 260-7313