Global Building Products Manufacturer Building 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) broke ground today on a 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 facility located at the Steuben County Industrial Development Agency’s Business Park site off of State Route 54. The company will receive 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. The company expects to be operational at the site in the third quarter of 2023.
Empire State Development President, CEO and Commissioner Hope Knight, said, “LP is yet another company choosing to expand in the Southern Tier, thanks to regional talent strengths that support success. This project also reflects how our strategic incentives for forward-thinking companies help 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. The initial project cost has been placed at close to $24 million.
LP Executive Vice President, Siding General Manager Jason Ringblom said, “LP SmartSide ExpertFinish has seen phenomenal growth since the product was released in 2020. We are excited to build a prefinishing facility in the Town of Bath to help us meet strong customer demand for our product. Strategically located near our customers in the Northeastern U.S., we were thrilled to find Steuben County and its highly skilled workforce. LP is grateful to Steuben County IDA, Empire State Development, the Town of Bath, New York State Electric and Gas, and B&H Railroad for their partnership and warm welcome to the community.”
Founded in 1972, LP Building Solutions (LPX) 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 25 manufacturing facilities across the U.S., Canada, Chile, and Brazil and employees approximately 4,800 people.
Senator Thomas F. O’Mara said,” The arrival of LP Building Solutions to Steuben County marks another important and exciting addition to the regional economy and good new jobs for local workers. Ongoing state investments and the outstanding work of local economic development leaders continue to strengthen area communities and develop future opportunities. We look forward to the contributions of LP Building Solutions to diversity and strengthen manufacturing and industry across the Southern Tier."
Assemblyman Philip A. Palmesano said, "It's great news that LP Building Solutions is breaking ground on a new manufacturing facility in Bath and bringing important new jobs to Steuben County. We are grateful for the dedication and hard work of our local leaders to developing these opportunities for area communities and workers. We also appreciate the state's ongoing commitment to economic growth across the Southern Tier region."
Town of Bath Supervisor Ronald Smith said, “We welcome LP Building Solutions to our community. The high caliber of jobs that this brings is a welcome addition to our workforce. The Town of Bath is pleased to be a part in this growth. We look forward to continued cooperation with LP Building Solutions, Empire State Development and the Steuben County IDA.”
Patricia Nilsen, President and CEO of NYSEG and RG&E said, “We congratulate LP Building Solutions on their continued growth and their exciting new facility in the Southern Tier. We are deeply committed to the communities we serve and are proud to support this project and the job creation it brings to our region.”
Jeff Bauman, Vice President of B&H Rail Corporation, said, “This is an exciting time for Steuben County and New York State. We are honored to be part of the team welcoming LP to the county and look forward to supporting the company’s supply chain needs as it grows in Bath, NY.”
Steuben County IDA Executive Director James C. Johnson said, “The Steuben County IDA is thrilled to welcome LP Building Solutions to Bath NY. The efforts of the community and our partners in economic development have helped make this project possible through investments into infrastructure that will support LP’s growth. We look forward to working with LP on this and future opportunities in our community.”
For additional Information about LP, visit: https://lpcorp.com/.
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 regionally designed plan focuses on attracting a talented workforce, growing business and driving innovation. Now, the region is accelerating Southern Tier Soaring with a $500 million State investment through the Upstate Revitalization Initiative. 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.
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 NEW YORK,” 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