ESD Announces L3 Link Training & Simulation Will Move to New Modernized Facility in Broome County

State Investment in Successful Company Complements “Southern Tier Soaring” - The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy

November 20, 2018

Empire State Development (ESD) today announced that L3 Link Training & Simulation is moving its operations to a facility on Industrial Park Drive near its existing facility in the Town of Kirkwood, Broome County. The company, which is a global leader in aviation training and simulation and intelligence, surveillance and reconnaissance (ISR) other communications and electronic systems, plans to add to an existing structure and will occupy a total of 105,000 square-feet of space on site. L3 expects to move all 120 employees to the new location and will create at least 13 new jobs. The company plans to be operating at the new facility in the first quarter of 2019, with the entire project set for completion by August. Supporting successful, innovative companies is central to the regionally designed Southern Tier soaring economic development plan. 

Empire State Development President, CEO & Commissioner Howard Zemsky said, “Global tech leaders such as L3 Link Training & Simulation are choosing to expand in the Southern Tier thanks to the talent pipeline and support from strategic investments that are building a regional ecosystem for job growth and success.”

L3 is an agile innovator and leading provider of global ISR, communications and networked systems, and electronic systems for military, homeland security and commercial aviation customers. With headquarters in New York City and approximately 31,000 employees worldwide, L3 develops advanced defense technologies and commercial solutions in pilot training, aviation security, night vision and EO/IR, weapons, maritime systems and space. The company reported 2017 sales of $9.6 billion.

“Moving to this new facility reinforces our position as a leader in aviation training and simulation and will help us continue to make valuable contributions to both the Binghamton economy and military training,” said Lenny Genna, President of L3 Link Training & Simulation, a division of L3 Technologies. “An important part of L3’s heritage began in Binghamton nearly a century ago with pilot training pioneer Ed Link. We look forward to continuing to operate here with the strong support the local and state legislators and development leaders who helped make this move possible.”

In order to ensure that L3 Link Training & Simulation remained in New York State, ESD is providing up to $1.5 million through a Regional Council Capital Fund Grant and through the Excelsior Jobs Program in exchange for job creation commitments.  The Agency will also provide incentives for the project. The total project cost is placed at $9.46 million.

Southern Tier Regional Economic Development Council Co-Chairs Tom Tranter, President of Corning Enterprises and Harvey Stenger, President of Binghamton University said, "L3 Link Training & Simulation continued growth further builds on the economic momentum we have worked so hard to create by further positioning our region as a global leader in high-tech industries. We wholeheartedly congratulate this innovative company on its further expansion in the region as it continues to provide high-quality jobs and careers for the men and women in the community, ensuring that the Southern Tier continues to soar.”

State Assemblywoman Donna Lupardo said, “L3 Link Training & Simulation has been a leader in our region’s high-tech industry for the better part of a century; investing in homegrown businesses such as Link is key to local job growth. This is the latest example of the success of our region’s collaborative approach to rebuilding our economy. I appreciate Link’s commitment to our community and the State’s ongoing effort to support local industry.”

State Assemblyman Clifford Crouch said, “I am thrilled to see L3 Link Training and Simulation move to a new modern facility. L3 Link Training and Simulation is one of the top aviation training, simulation and intelligence companies in the world. It has a long and rich history in the Southern Tier, and I am excited to see it continue to invest in our region, ensuring good jobs and opportunities stay here.”

Broome County Executive Jason Garnar said, "Broome County congratulates L3 Link Training & Simulation on its expansion and new facility in Kirkwood. This is great news for our entire region! The company is a leader in the global tech industry and we are thankful for their investment in creating new jobs, spurring economic opportunity and their continued commitment to calling Broome County their home."

For more information about L3 Link Training & Simulation, click here.

Accelerating Southern Tier Soaring 
Today's announcement complements “Southern Tier Soaring the region’s comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $6.2 billion in the region since 2012 to lay for groundwork for the plan – attracting a talented workforce, growing business and driving innovation. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Binghamton, Johnson City and Corning as a destination in which to grow and invest.

Now, the region is accelerating Southern Tier Soaring with a $500 million State investment through the Upstate Revitalization Initiative, announced by Governor Cuomo in December 2015. The State’s $500 million investment will incentivize private business to invest well over $2.5 billion – and the region’s plan, as submitted, projects up to 10,200 new jobs. More information is available here.

 

Contact:
Shari Voorhees-Vincent | Shari.Voorhees-Vincent@esd.ny.gov | (585)399-7055
ESD Press Office | PressOffice@esd.ny.gov | (800) 260-7313