ITT Corp to expand its R&D lab and add new manufacturing facility in Seneca FallsNovember 17, 2012
ITT Corporation plans to expand its Research and Development Laboratory and add a 75,000-square-foot manufacturing facility at its Seneca Falls campus, the company recently announced. The location houses the largest Goulds Pumps manufacturing operation and is the headquarters of ITT’s industrial process business.
The project, which will cost about $22 million, also includes a new test facility for high-energy pumps. ITT says that the investment will expand its capability to produce and test engineered pumps for the global oil and gas industry.
The Seneca Falls facility now employs 860 people between ITT’s Industrial Process headquarters, Research and Development Laboratory and the Goulds manufacturing. The expansion will create at least another 50 jobs – mostly manufacturing related and including equipment operators, assemblers, shippers and machinists, as well as supervisors and operations professionals. About one-third of the new positions will be for engineers, and some current employees will be promoted into new roles as a result of the expansion.
"Our Goulds Pumps business has been here since 1848, and we’re excited to build on that strong legacy and add to our talented workforce," said Robert J. Pagano Jr., ITT Industrial Process president.
The new manufacturing facility will be built on company property, with construction planned to start in the spring of 2013 and be completed before the end of the year. Construction work on the Research and Development Laboratory is already underway and targeted for completion by the second quarter of 2013.
ITT had considered other locations for the planned facility, in Seneca Falls and other regions of North America. Empire State Development (ESD) and its state and local partners prepared a package of incentives and benefits that totaled more than $5 million.
That package included construction program funds, sales and property tax relief, energy cost reduction, roadway and utility infrastructure investments, employment incentives, and training grants to enable the expansion to take place locally.
"Our site selection process was a competitive one, and we’re very appreciative of the support and commitment we’ve received from New York State and local government and their agencies, and our elected officials, to make this expansion the right business decision for our company and our employees," Pagano says.
Michael Morse, ESD’s senior director, industry development, says that the initiative demonstrates the viability of New York State as a home for global manufacturers.