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Article: IDA okays six business expansions.(Inside Construction & Design)
- Article from:
- Real Estate Weekly
- Article date:
- May 26, 2004
CopyrightCOPYRIGHT 2004 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The IDA Board of Directors gave preliminary approval last week to transactions to assist six New York City industrial companies with expansion plans that would enable them to continue to operate and grow their businesses in the city.
The six proposed transactions represent more than 550 jobs. The companies include two food manufacturers, a parcel shipping service, a lighting service, a producer of construction materials and a wholesale distributor of electronic and photographic products.
"The transactions we approved today will allow these companies to invest about $16.4 million in renovations or new construction that will improve their operations and ...