This Week
  • The new Golisano Children's Hospital is dedicated.

  • Citizens Bank leader outlines plans in visit.

  • The last six years have brought quite a transformation to Mirror Show Management.

  • For Christopher Thorpe of Darien Lake Theme & Water Park Resort, work is about having fun.

  • Local banks are getting ready to migrate to the global standard for secure payments.

  • Aprille Byam launched StoryChick to help people begin conversations.

ITT Exelis division receives $1.54 million ESD grant

Rochester Business Journal
February 22, 2013

Exelis Inc.’s Geospatial Systems division has been awarded a $1.54 million grant from Empire State Development Corp. to help offset costs related to an $11.9 million relocation project.

In December, the company completed renovations to its new headquarters at the Rochester Techncology Park in Gates after moving the majority of its local operations from St. Paul Street in the city. The project included creating office, lab and light manufacturing space.

The project retained roughly 500 jobs, the state agency reported.

Exelis, which does business under the name ITT Exelis, ranked fourth on the most recent Rochester Business Journal list of optics and imaging firms with 1,182 workers.

In August, County of Monroe Industrial Development Agency approved sales tax breaks totaling $425,600 for the company for renovations and equipment at three locations, including two buildings at the Rochester Technology Park.

The projected community benefit is more than $4 million, COMIDA representatives said.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google