The expansion project is underway, and the company expects construction crews to finish their work in mid-March.
ESD has offered up to $250,000 through the Excelsior Jobs tax-credit program in exchange for the job-creation commitments.
“The surrounding community has supported Dynalec for over 40 years and we are proud to call the village of Sodus our home,” James Ryan, attorney for Dynalec Corp., said in the ESD news release. “Construction of our new facility will allow us to meet the growing worldwide demand for our products, while expanding our highly technical workforce to remain a leader in onboard ship communication. We would like to thank Empire State Development for their assistance in allowing us to reinvest in this special community.”
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Founded in 1960, Dynalec Corporation is a manufacturer of shipboard systems for communication, navigation and switching. It builds standard and custom products for military and commercial use, including sound-powered telephones. Its customers include agencies of the U.S. Department of Defense; military and commercial shipyards; international navies; mining/oil rigging manufacturers; and telecommunication companies.
Contact Reinhardt at ereinhardt@cnybj.com
Image credit: Dynalec Corporation website