190,000 Square Foot Facility Now 100% Occupied as Niskayuna Tech Park Moves Forward

June 16, 2006

Schenectady, N.Y. – June 16, 2006 – Schenectady County officials today joined with Metroplex to announce that the re-use of the former 190,000 square foot Nova Bus Plant is complete as 100% of the space is now leased. The last 20,000 square foot section of the facility will be occupied by Package One, a company that provides shipping and packaging services to local manufacturers. Package One plans to open at the former Nova site later this year and the company plans to hire up to 30 employees over the next three years. Final approval of the Package One lease is subject to approval by the Town of Niskayuna.

Schenectady County Legislature Chair Susan E. Savage said, “According to a national Manpower survey released this week, Schenectady County ranks seventh in the nation for news jobs. One of the top priorities of our smart growth economic development plan was to utilize the Nova space as part of a new tech park in Niskayuna. In just two years of our unified economic development effort, we have completed this important task. County-wide we have now attracted over $200 million and more than 1,500 new jobs to Schenectady County.”

Niskayuna Supervisor Luke Smith said, “Now that the former Nova Bus plant is filled, we will turn our attention to the careful development of the Niskayuna Tech Park as part of an effort to create jobs and new tax revenue for our community.”

Other tenants at the former bus plant include TCT, which recently completed the purchase of a company in Geneva, New York that will be relocated to the Niskayuna site. TCT produces rubber products using advanced recycling technologies. Contec Holdings LLC, a leader in the repair of digital cable boxes has also established operations at the site. Finally, the Niskayuna School District utilizes a portion of the plant for its school bus maintenance facility.

Nova Bus shut down the Schenectady plant along with other U.S. operations in 2002.

Rotterdam General Contracting (RGC), in cooperation with Gary Burton and Bob Williams, own the Niskayuna Tech Park. Substantial work has been completed to improve the interior of the facility with exterior work including new windows and siding to be completed this year.

Next to the 190,000 square foot plant, the Niskayuna Tech Park features over 100 acres of shovel ready sites for growing tech companies. Unilux Advanced Manufacturing occupies a 67,000 square foot facility at this site. Unilux opened its new manufacturing plant last year.

The site is located in Niskayuna’s Tech Corridor along with the GE Global Research which is completing a $130 million expansion, the GE Energy Learning Center which is undergoing a $5 million expansion, the global headquarters of SI Group and the offices and manufacturing facilities for Environment One.

Ray Gillen, Chair of Metroplex said, “At 190,000 square feet, this is one of the larger industrial buildings in the County. We are pleased to have it filled and we look forward to showing the shovel ready sites nearby to expanding businesses.”

Development of the Niskayuna Tech Park is being done consistent with a master plan for the site adopted by the Town of Niskayuna in 2004, which adheres to smart growth principles, tries to limit traffic impacts and looks for projects that will make a meaningful contribution to the Town’s tax base without negatively impacting the Town’s outstanding residential quality of life.

More information may be obtained by contacting Metroplex, Frank Marotta at RGC at (518) 376-2699 or Fred Gignac at Pyramid Brokerage at 518 489-9199.

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