Its new facility in the Sherrill Industrial Park will “accommodate this continued growth into the future” and will nearly double the production capacity for Ferris, Snapper, Snapper Pro, Simplicity and some Billy Goat products, the office of Gov. Andrew Cuomo said in a Wednesday news release.
“New York is committed to ensuring that good-paying jobs remain in our Upstate communities,” Cuomo said in the news release. “By investing in Briggs & Stratton’s expansion, we are helping this successful world-renowned business expand, resulting in the creation of more jobs that are building on the positive progress we continue to see in the Mohawk Valley.”
State incentives
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Briggs & Stratton had been considering its options for expanding its commercial-manufacturing footprint within the U.S., and “chose to grow in the Mohawk Valley,” Cuomo’s office said.
To assist with job creation and retention, Empire State Development (ESD) offered up to $1 million in tax credits through the Excelsior Jobs Program for the project in exchange for retaining 500 existing jobs and a commitment of 52 new jobs over 10 years and a $1.5 million capital grant to equip the new facility.
Briggs & Stratton has already surpassed their job targets, hiring 100 new employees who will produce its commercial products.
Additionally, construction of the $10 million building was supported by a $1.9 million ESD capital grant to ONX3, the developer of Sherrill Industrial Park for construction and renovation costs.
“Ferris Industries joined the Briggs & Stratton family in 2004 and since then has grown exponentially; as has the company’s commercial business in total,” Todd Teske, chairman, president and CEO of Briggs & Stratton Corporation, said in Cuomo’s news release. “This new facility in Sherrill will allow for that growth to continue long into the future, and we’re so grateful for the support we’ve received from the State of New York, Oneida County and the City of Sherrill throughout the process.”
Contact Reinhardt at ereinhardt@cnybj.com
