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Northeast HVAC
News
Governor Cuomo Announces Ferguson
Enterprises to Locate New Facility in New York State and
Create Jobs in Capital Region.
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Virginia-based company chose New York to construct a new
distribution facility, expanding economic opportunities and
creating 95 new jobs in Greene County.
Governor Andrew M. Cuomo today announced that Ferguson
Enterprises, Inc., the largest wholesale distributors of
residential and commercial plumbing supplies in the nation, will
establish a new distribution facility in the Capital Region.
After considering locations in other states, Ferguson chose
Coxsackie, Greene County to construct a warehouse that will
serve as a distribution hub for its New York retailers and
locations throughout New England, and create 95 new jobs in the
Capital Region.
“Ferguson Enterprises’ decision to invest in Greene County is
another win in our efforts to grow the Upstate economy by
creating jobs and new economic opportunities for New Yorkers,”
Governor Cuomo said. “By establishing this new distribution
center, Ferguson Enterprises is bringing nearly 100 jobs to the
Capital Region and spurring continued growth in the community of
Coxsackie. This was a collaborative effort – with support from
both the state and local governments – and I am pleased to
welcome this company to New York State.”
“We are excited to join the Coxsackie community,” said Ferguson
CEO Frank Roach. “Our team explored locations in seven states
and more than 60 municipalities, and Coxsackie proved to be the
perfect fit. The new distribution center is strategically
located to support our branches and customers in the metro New
York and Northeast markets. In return, we look forward to
providing jobs and spurring economic growth in a community that
shares our vision and values.”
After considering several possible locations, including some in
Rhode Island and Connecticut, the Virginia-based firm decided to
build its 460,000 square foot warehouse in the Fountain Flats
Business Park in Coxsackie. To assist Ferguson with its location
to New York State, Empire State Development is providing $1.2
million in performance-based Excelsior Jobs Program tax credits,
and Greene County is planning on applying for a NYS Homes and
Community Renewal Community Development Block Grant. The Greene
County IDA is also supporting this project with a suggested
20-year PILOT, a sales tax exemption on capital expenditures
related to getting the new facility up and running,
implementation of a natural gas line to the site, and assistance
with permitting processes. All of the IDA’s contributions are
subject to board approval.
In addition, the distribution center project was supported by
the Capital Region Economic Development Council as it aligns
with the strategies for economic growth and prosperity for the
eight-county region.
“We are pleased that Ferguson decided New York was the best
place to do business—its location in Greene County will help
ensure the company’s competitiveness and its ability to better
serve its customers in the northeast,” said Empire State
Development President, CEO & Commissioner Kenneth Adams. “This
job creating project is truly the result of strong partnerships
at work, and I thank Greene County and the Town of Coxsackie for
their collaborative efforts in securing this investment in the
Capital Region.”
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Senator Cecilia
Tkaczyk said, “This is great news for Greene County and for the
entire region. Ferguson's decision to locate here in Upstate New
York will help to stimulate the local economy and provide good jobs
to our residents.”
Assembly Member Pete Lopez said, “Creating jobs in Greene County and
the region, while retaining existing ones must remain our highest
priority. This project picks up where the old Fernlee initiative
left off. By making use of prior investment in water and sewer
extensions, the hard work of the Greene County IDA, Greene County
Legislature (notably Chairman Speenburgh and Legislator Martinez)
and the Town of Coxsackie and the Cuomo administration, we will see
some 95 new jobs as well as roughly a million dollars a year in new
property taxes. All of us are eager to continue our collective
efforts to advance projects like this and welcome Ferguson
Enterprises, INC. to the community.”
Greene County Legislature Chairman Wayne Speenburgh said, “The
Greene County Legislature is excited that Ferguson has chosen our
community to advance their company goals via the development of
their new distribution center. Ferguson will be a welcome member of
our community and we look forward to assisting them in the
successful growth of their company. I would also like to
congratulate the Greene IDA for their outstanding work to recruit
new investment and employment opportunities to the county under a
challenging economic climate at the state and national level and a
continuing sensitivity to community and environmental issues. The
efforts by the IDA to successfully recruit Ferguson has been months
in the making, and demonstrates the complexity of inter-state
competition that exists within the economic development industry.”
Greene County IDA Chairman Eric Hoglund said, “The Greene IDA is
pleased that our strategy of developing shovel ready business parks
has once again been successful in attracting new investment and
employment opportunities to Greene County. We are excited to have
been chosen as the home of the new Ferguson facility and look
forward to a long and productive relationship with the company.”
Town of Coxsackie Supervisor Richard Hanse said, “I welcome
Ferguson, the nation’s largest distributor of residential and
commercial plumbing supplies, to Coxsackie. The company has made an
excellent decision in choosing to locate their newest distribution
center here. Our town provides ready access to all four compass
points making it a perfect place for Ferguson to site their
facility. The choice of Coxsackie is good for Ferguson and good for
Coxsackie. The Distribution Center will provide much needed
employment opportunities for area residents and help to boost our
economy.”
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