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ROTTERDAM
British firm picks Burdeck building
30 jobs expected from paper company in old Vstream site
BY BETHANY BUMP Gazette Reporter

    A British specialty paper manufacturer announced Tuesday it is relocating its U.S. headquarters and consolidating operations in a vacant industrial warehouse in Rotterdam.
    Techfibers Inc. chose the site at 679 Mariaville Road for its operations after signifi cant growth in the past few years prompted the company to seek a location where it could easily expand. And the Rotterdam site is in the midst of a growing technological, educational and industrial region ripe for the company to draw on, offi cials said.
    The move will create 30 jobs in the area, including hourly manufacturing positions, chemist and research positions and administrative positions, said Schenectady County spokesman Joe McQueen. The company declined to release expected salaries for the jobs.
    “It will really run the gamut,” McQueen said, “and they will be hiring as many local people as they can.”
    The company is owned by England-based James Cropper PLC and is one of the world’s largest specialty papers and advanced materials manufacturers. It’s been in operation since 1845. Its main manufacturing subsidiary, Electro Fiber Technologies LLC, creates metal-coated carbon fiber products that are sold to the automotive, rail, aerospace, marine, electronics and defense industries, among others. Some of its customers include 3M, Lockheed Martin and United Technologies.
    The Metroplex Development Authority has worked with Techfi bers Inc. for the past eight months after it heard the company was looking at communities that would be ideal for relocation.
    “We showed them a number of buildings in the community and they liked that building,” said Metroplex Chairman Ray Gillen of the 52,000-square-foot building in Rotterdam, located in the Burdeck Street Business Corridor near the interchange of I-88 and I-90.
    The building has been vacant for nearly fi ve years, after its former tenant, Vstream Manufacturing, liquidated in March 2007. The site has room for expansion on about 12.5 acres and parking for 135 cars, which county offi cials said was a draw for Techfi bers.
    The company signed a 10-year lease with an optional fi ve-year extension and an option to purchase the building, which is currently owned by Douglas Zak, president of Zak Inc. in Green Island. The entire relocation process could take up to 18 months but McQueen said manufacturing operations should be under way by May and the site is expected to be fully operational by fall.
    The company’s sites in England will remain, but its U.S. headquarters and subsidiaries will be relocated to Rotterdam. These include Technical Fibre Products Inc. in Newburgh, Electro Fiber Technologies LLC in Stratford, Conn., and Metal Coated Fibers Inc., in Cincinnati, Ohio.
STRONG GROWTH
    The company’s 500 percent sales growth the past few years set the stage for its move to Rotterdam.
    “They indicated that right now the other facilities are very small and do not have the ability for growth,” said McQueen. “So they knew they were going to have to consolidate the facilities into one location to better service their supply chain.”
    Techfibers considered sites in Texas, Ohio, Massachusetts, New York and Connecticut and received help from real estate service CBRE, which coordinated the site selection process.
    “We have been especially impressed with Schenectady County’s business-friendly initiatives and New York state’s commitment to develop a world-class technology center in the region,” said George Quayle, director of James Cropper PLC, the company’s owner, in a news release issued Tuesday.
    “We believe that the region’s technology base, both industrial and education, provide possible business synergies, as well as a population to draw talent from,” he said.
    Techfibers will make an initial $3 million investment into the relocation. Metroplex is providing a $100,000 grant toward project costs, which mostly include building upgrades, Gillen said......................>>>>...................>>>>.................http://www.dailygazette.net/De.....r00900&AppName=1

This is good news providing that this company is actually going to pay taxes and not get a free ride for ? years like the downtown businesses get.

Remember FDG put something in his campaign flyer about this last fall?

Yayyyyyyyyyy...west Rotterdam starts to expand......FDG prevails...

30 New Jobs in Rotterdam???
NO WAY.  Good things never happen on this board... and this rumor of 30 new jobs would be a 'good thing'
so it must be a lie!

GREAT NEWS FOR ROTTERDAM ---- THANKS TO  RAY GILLEN,  the COUNTY DEMOCRATS and the TOWN DEMOCRATS -- ALL WORKING TOGETHER,

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Feuz president Gary Feuz could not be reached for comment. In June, the company said it would lay 27 of its 84 employees "due to economic reasons," according to the state Department of Labor.

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When VStream put itself on the market in December, it had just cut its 63-person workforce by half. It also said it had lost the business of an unidentified client, which it didn’t identify. The company, founded in late 2004, purchased Feuz’s Mariaville Road property in Rottterdam for $1.7 million.

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The move will create 30 jobs in the area,

From 84 jobs(Fuez), to 63 jobs(VStream), to 30 jobs(TechFibers)...Yes, success - THANK YOU COUNTY DEMOCRATS.

30 jobs is just the beginning.   And 30 jobs beats 0 jobs -- only an oxygen-deprived moron would complain about/find fault with the creation of 30 jobs.

Quoted from DemocraticVoiceOfReason

only an oxygen-deprived moron would complain about/find fault with the creation of 30 jobs.

YUP! Ya got that right!   >

Who's complaining?  I'm just showing the historical trend of that location.  

Geez, a little sensitive...You guys must have some sort of complex.

Qantas cuts 500 jobs as it announces an 83 per cent fall in profits

QANTAS Airlines has announced it will slash 500 jobs as it restructures its business following a $215 million downgrade
in its half yearly profit.
Officials are not sure how,  but they blame Schenectady NY for the loss.  

Quoted from Box A Rox

Qantas cuts 500 jobs as it announces an 83 per cent fall in profits

QANTAS Airlines has announced it will slash 500 jobs as it restructures its business following a $215 million downgrade
in its half yearly profit.
Officials are not sure how,  but they blame Schenectady NY for the loss.  

I'm sure if they hire back 100 jobs five years from now, using millions in taxpayer subsidies, metroplex will take credit and claim victory.  Since metroplex never measures jobs gained against jobs lost.  They never take blame for jobs lost, and take ALL the credit for jobs gained.  People are beginning to figure it out.

Quoted from GrahamBonnet

Remember FDG put something in his campaign flyer about this last fall?

YUP!!!!!

So as far as the town democraps... NOOOOOOO They did NADAAAAAAAAAAAAAAAAAA!

I happen to know the general manager. She ordered the offfice furniture while FDG was still in office so how is the Buffonti's success?

LOL!

Quoted from CICERO

From 84 jobs(Fuez), to 63 jobs(VStream), to 30 jobs(TechFibers)...Yes, success - THANK YOU COUNTY DEMOCRATS.

I applaud the 30 jobs.......HOWEVER........the question is......will they be paying taxes? Metroplex is investing $100K of the taxpayer's money. What will be the return on the taxpayer's investment?

And YES........this was on the table when fdg was the super in rotterdam.