Investment Complements “Finger Lakes Forward” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy

Empire State Development (ESD) today announced that REDCOM Laboratories Inc., will grow its operations in the Town of Victor, Ontario County. The company, which specializes in the design, manufacturing, and assembly of circuit boards for secure communication solutions for commercial, military and government applications, is updating its facility to meet customer demand. As a result of the company’s growth, REDCOM Laboratories Inc. is planning to create up to 21 new jobs at the Victor facility over the next five years; 140 jobs will be retained. ESD will facilitate that growth with up to $300,000 through the Excelsior Jobs Tax Credit Program in exchange for promised job creation. Also providing assistance for the project are the Ontario County Economic Development Corporation (OCEDC) and Greater Rochester Enterprise.

Empire State Development President, CEO and Commissioner Howard Zemsky said, “New York State’s strategic investments in workforce and innovation are reflected in REDCOM Laboratories’ plans to expand in the Finger Lakes where this family-owned communications company will continue to produce innovative products and bring new opportunities to Ontario County.”

REDCOM Laboratories, Inc. is a woman-owned, small business. Since 1978, REDCOM has been developing and manufacturing the world’s most reliable communications systems for all branches of the U.S. military, our NATO allies, government agencies, emergency responders, service providers, and enterprises. As part of the company’s modernization project, it will purchase new surface mount technology equipment that has higher capacity circuit board printing and component assembly capabilities so that it can better meet client demands. The total project cost is almost $2 million.

REDCOM Laboratories CEO, Dinah Gueldenpfennig Weisberg said, “REDCOM is still going strong after more than 40 years in business in the Greater Rochester area. We are excited about the growth we see for our business, and we look forward to contributing to the upstate NY economy as we expand our local electronics manufacturing capabilities and the development of our workforce. Our commitment to quality is embodied in our ISO 9001:2015 certification and will be strengthened this year with the addition of AS9100D and ISO 13485 certifications. The future for REDCOM and upstate New York is very bright.”

For more information about REDCOM Laboratories, click here.

State Senator Rich Funke said, “Victor is a great place to do business and raise a family and this investment by REDCOM Laboratories is a great sign that this positive trend will continue. Future economic growth in our area is clearly tied to the advanced manufacturing and technology sectors and REDCOM is well positioned to continue to be a leader in that movement. This is a great example of the good things that can happen when the state works with business hand in hand and local government succeeds in keeping the cost of doing business competitive.”

State Assemblyman Brian Kolb said, “Congratulations to REDCOM Laboratories for their upcoming expansion and continued growth in Ontario County. Today’s announcement is a testament to their long track record of success and strong commitment to this community. This is wonderful news for the Finger Lakes region, and an wise investment of state resources in a proven, home-grown small business.”

Ontario County Board of Supervisor Chairman and Victor Town Supervisor Jack Marren said, “Redcom Laboratories has been a part of the Victor business community for 34 years and we are pleased to hear of the investment being made to update the facility here.  The collaboration between Empire State Development, Ontario County IDA and Greater Rochester Enterprise emphasizes the efforts of these agencies to retain and grow business in this region.  The retention of 140 jobs and anticipated growth of 21 new jobs is a win for Victor, Ontario County and the Finger Lakes region. “

Ontario County Economic Development Corporation and Industrial Development Agency CEO Mike Manikowski said, “On behalf of the OCEDC I want to thank ESD for providing this state assistance to REDCOM Laboratories. As one of our County’s foremost electronic manufacturers, REDCOM Laboratories provides high quality secure communications products to a worldwide market.  The ESD assistance will help REDCOM  upgrade its manufacturing capability and retain and grow the high quality jobs at its Victor facility.”

Matt Hurlbutt, president and CEO, Greater Rochester Enterprise said, “REDCOM senior leaders are expanding at their local facility in Rochester, NY’s Ontario County to capitalize on the highly skilled workforce available here along with Finger Lakes Community College’s tailor-made workforce development programs. Combine the available talent with a low cost of doing business and REDCOM had the business case they needed to invest here.”

Accelerating Finger Lakes Forward 

Today’s announcement complements “Finger Lakes Forward,” the region’s comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $6.1 billion in the region since 2012 to lay the groundwork for the plan – investing in key industries including photonics, agriculture‎ and food production, and advanced manufacturing. 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 Rochester, Batavia and Canandaigua as a destination to grow and invest in.

Now, the region is accelerating Finger Lakes Forward 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 8,200 new jobs. More information is available here. ​

Contact:

Shari Voorhees-Vincent | [email protected] | (585) 399-7055

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