News: Brokerage

Empire State Development provides Excelsior tax credits for $1.5 million Viatran facility expansion in Erie County

Tonawanda, NY Viatran, a manufacturer of industrial measuring instruments, will create 72 new jobs and retain 55 full-time positions as a part of its $1.5 million facility expansion in Erie County. Located at 199 Firetower Dr., the expansion project is being supported by $600,000 in Excelsior Tax Credits from Empire State Development and brings the total employment to 127 people. 

“Western New York continues to grow its 21st century economy by attracting business expansions and high-tech innovation throughout the entire region,” governor Cuomo said. “Investing in Viatran’s expansion supports the creation of good-paying manufacturing jobs, strengthens the economic climate of Erie County, and delivers a stronger community for residents of all ages to live and work in.”

The renovated 24,000 s/f facility provides additional space for research and development, lean manufacturing cells, and the use of test and measurement equipment to produce sensors and transmitters. 

Viatran’s expansion further supports the Western New York Regional Economic Development Council’s strategy for leveraging the region’s assets in advanced manufacturing. These products are used in the creation of oil, gas, specialty metals, pharmaceuticals, food and beverages, as well as for automotive and aerospace testing. 

Viatran has been a leader in manufacturing pressure and level transmitters for more than half a century. The company is known for solving the most difficult pressure measurement challenges in the most demanding environments. Many of the company’s products are delivered both in and out-of-state, including to local customers MOOG and General Motors.

Viatran Corp. president Kevin Cornacchio said, “With access to production facilities located around the world, Viatran was especially pleased to be able to focus our expansion here in Western New York. While there are a lot of attractive places to invest, we concluded that no other location could match the talent pool that we have here. In the short time since coming to an agreement with Empire State Development, we have already filled 15 new positions and are well ahead of schedule for our employment targets. As we look to the future of our workforce, we are confident that our growing relationships with UB and the Charter School for Applied Technologies will ensure the ability to bring on the skilled workers we will need.”

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