Global Electronics Manufacturer Constructed 150,000-Square-Foot Facility in the Village of Newark’s Silver Hill Technology Park
Builds on Governor Hochul’s Commitment to Expanding the Advanced Manufacturing Sector and Building a 21st Century Economy in New York State
Up to $5 Million NYS Investment in the Project Complements "Finger Lakes Forward" – The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy
Governor Kathy Hochul today announced that global electronics manufacturer Creation Technologies, formally IEC, has officially opened the doors on its new,150,000 square-foot state-of-the-art manufacturing facility in the Village of Newark, Wayne County. The company, whose technologies support the medical, tech industrial, and aerospace and defense sectors, has already created 179 jobs as part of a multi-year commitment to creating more than 360 new jobs. Creation Technologies’ expansion in New York’s Finger Lakes region builds on Governor Hochul’s commitment to accelerating the growth of the state’s manufacturing sector to build a 21st century economy and continue to create good jobs.
“Creation Technologies’ new facility is not just creating a major hub for jobs in New York’s Finger Lakes Region – it’s also creating yet another hub for innovation upstate,” Governor Hochul said. “Thanks to our shovel-ready sites, talented workforce, and successful business development efforts, New York is continuing to attract 21st century businesses that are creating the good-paying jobs of tomorrow, and we will continue to support the forward-thinking businesses creating breakthrough technologies that will move the Finger Lakes and all of New York State forward.”
Creation Technologies’ Wayne County facility services customers in the medical, tech industrial, and aerospace and defense sectors, providing electronic contract manufacturing services including printed circuit board assembly, cable and wire harness assembly, and comprehensive prototyping services for lifesaving and mission-critical products. They specialize in the custom manufacturing of complex, full-system assemblies, offering advanced engineering, test, and development solutions for their customers. Based in Boston, Massachusetts, the company has locations across North America and in China, employing more than 4,000 workers worldwide.
Empire State Development provided the project with a $2 million Upstate Revitalization Initiative Grant and has offered up to $3 million through the performance-based Excelsior Jobs Tax Credit Program in exchange for the company’s job creation commitments. New York State Electric and Gas Corporation offered up to $600,000 in assistance for the project. The Wayne County IDA also provided incentives for the project and Greater Rochester Enterprise was additionally instrumental in helping the company to remain in the Finger Lakes region. The total cost for the relocation project from the company’s previous Newark location was approximately $22 million.
Read the full press release here.