Governor Cuomo Announces Expansions of Two Industry-leading Companies in Syracuse

October 9, 2019

Bankers Healthcare Group Will Create 330 New Jobs in the Salt City

JMA Wireless, a Global Innovator of Technology that Designs and Builds Next-Generation Communication Systems, Will Create 100 jobs in Central New York

Both Investments Complement "CNY Rising" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy

Governor Andrew M. Cuomo today announced the expansions of two industry-leading companies in Syracuse located in the Central New York Region that will grow the region's economy. Bankers Health Group, LLC will relocate and consolidate several of their Central New York operations in Syracuse to a newly constructed facility located at 300-324 Spencer Street. JMA Wireless committed to move the manufacturing of 5G equipment from Texas to the historic Coyne Building in the southeast gateway to downtown Syracuse. These two companies will create more than 400 jobs altogether.

"We're laser-focused on bringing major companies into Central New York and this announcement demonstrates our strategic, regionally based approach to economic development is bringing tangible results," Governor Cuomo said. "By expanding into Central New York, these two companies will help transform the region, create new employment opportunities and generate even more economic momentum across upstate New York."

"Syracuse is continuing to grow with new businesses and serve as a hub for innovation," said Lieutenant Governor Kathy Hochul. "The expansion of Bankers Healthcare Group and JMA Wireless will add hundreds of jobs in the area and further advance the high-tech industry in Central New York. These investments will strengthen the region's economy, further revitalize the area, and create new opportunities for New Yorkers."

Read the full press release here.