Schenectady IDA Approves $1.5 Million Project at Dimension Fabricators

September 3, 2008

September 3, 2008, Schenectady, N.Y — The City of Schenectady Industrial Development Agency (IDA) today approved a $1.5 million project at Dimension Fabricators, Inc. that will result in the construction of a 14,000 square foot addition to the company’s manufacturing complex on Maxon Road in the City.

Dimension Fabricators will also purchase new manufacturing equipment, overhead cranes and add 300 feet of new rail as part of the new investment. The company will add four to six jobs to its 40 person workforce as a result of the expansion. Founded in 1984, the company fabricates concrete reinforcing steel products.

Scott Stevens, CEO of Dimension Fabricators, Inc., said, “We appreciate the support of the City of Schenectady IDA for this expansion that will help us continue our steady growth at the Maxon Road facility. This new building will allow us to expand our production capabilities creating more opportunities to provide new and existing customers with the best in reinforced steel products.”

Mayor Brian U. Stratton said, “We are pleased to support this expansion at Dimension Fabricators, helping this firm continue to grow and add jobs in Schenectady.”

City Council Member Denise Brucker, Chair of the City IDA said, “We are very proud that Dimension Fabricators continues to grow in Schenectady and we are pleased to have the City IDA provide assistance to help this project move forward.”

Jeff McDonald, County Legislator and member of the City IDA said, “This is another example of how we are helping companies build new buildings, add new jobs and help to expand the commercial tax base in Schenectady County.”

As part of Schenectady County’s coordinated economic development effort, the City IDA is administered by Metroplex.

Dimension Fabricators currently occupies four buildings totaling 49,000 square feet on Maxon Road. The new project will expand the company’s manufacturing base by adding the 14,000 square foot addition. Construction will start in November.

In other action, the City IDA gave final approval to the Griffin Greenhouse and Nursery Project. High Bridge Development is constructing a $3 million distribution facility for the company at the Broadway Commerce Park in downtown Schenectady.

Also, the IDA moved forward with a $12 million renovation to the Center City complex across from Proctors by approving a resolution adopting a resolution finding no environmental effects of the project finalizing the State Environmental Quality Review Act (SEQRA) requirements.

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