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Rotterdam Corporate Park Lands First Two Tenants at New Small Business Center

December 31, 2008

Schenectady, NY, December 31, 2008 – BBX Transportation and Cutting Edge Wood Flooring will occupy space at the new Small Business Center at the Rotterdam Corporate Park located on Route 7 in Schenectady County. The two firms are the first to locate at the Small Business Center located within the Park which was officially launched by the Galesi Group, owners of the Corporate Park, in cooperation with Schenectady County and the Town of Rotterdam.

David M. Buicko, Chief Operating Officer of the Galesi Group said, “We are glad to have a customized building to accommodate the needs of growing businesses. Today’s announcement is evidence that, despite a difficult economy, small businesses continue to grow and when they need room for expansion we have the ideal facility in Rotterdam to meet their needs.”

Susan E. Savage, Chair of the Schenectady County Legislature said, “The County’s economic development team is pleased to be working with the Galesi Group to recruit tenants to the Small Business Center. In addition to these first two leases, we have considerable interest from other fast growing firms. We look forward to very positive results for this project in 2009.”

Rotterdam Supervisor Steve Tommasone said, “The Town is confident of the success of the Small Business Center. These first two tenants will be a great addition to Rotterdam and we look forward to many more to come as we fill up this great new facility at the Rotterdam Corporate Park.”

Headquartered in Lockport, NY, BBX Transportation provides short and long-haul logistics and materials handling services to a wide range of businesses. At the Rotterdam Corporate Park, BBX will establish a regional truck terminal with approximately 20 employees providing dedicated transportation/logistics services to a number of area customers including Railex USA. Railex USA operates a 250,000 square foot distribution facility which handles produces shipped from the West Coast via rail.

“The Small Business Center at the Rotterdam Corporate Park provides the perfect solution to our facility needs,” said Robert Lewis, President of BBX Transportation. “Given the Park’s excellent proximity to the Thruway and its ability to accommodate our unique needs the decision to locate here was simple.”

Over the past 11 years, Cutting Edge Wood Flooring has built its business around providing high-quality service at a low price. While the company’s core services include all phases of wood flooring including refinishing and installation it also specializes in furniture repair and restoration as well as customized trimwork. Cutting Edge Wood Flooring will locate seven jobs at the Small Business Center with plans to double its workforce within the next few years.

Rick Frederick, President and Owner of Cutting Edge Wood Flooring said, “As a small business owner it is extremely encouraging to see the State, County and Town all work together to develop a facility for growing companies. We are excited about the growth potential that our new facility is going to allow us to realize.”

Earlier this summer elected officials from the State, Schenectady County and Town of Rotterdam cut the ribbon on the Galesi Group’s new Small Business Center at the Rotterdam Corporate Park. The renovation project included dividing a 270,000 square foot building into 24 sections each consisting of approximately 11,000 square feet designed to meet the needs of small to medium-sized businesses. Each section has a new “storefront” entrance that opens into an office and/or showroom which can be built to meet the specific needs of prospective tenants. The south side of the building features new docks and overhead doors which lead into an area that is ideal for a wide array of light assembly, manufacturing, or warehouse applications. Economic assistance for this project was made available by Empire State Development’s Restore New York Program and National Grid as well as administrative support by the Town of Rotterdam.

The Rotterdam Corporate Park is the largest business park in the Capital Region with more than 4 million square feet of space. For more information, see www.galesi.com.

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