IEC receives incentives for new Jetview Drive facility

IEC receives incentives for new Jetview Drive facility

IEC Electronics Corp. will expand its operations through its purchase and renovation of an 86,000-square-foot facility at 50 Jetview Drive in the town of Chili. The move is expected to create 150 new full-time jobs.

IEC recently received approval for sales tax and mortgage recording tax exemptions from the County of Monroe Industrial Development Agency (COMIDA) for the project.

“This significant investment by IEC shows Monroe County is competitive on a national stage and continues to attract interest from manufacturers and other businesses due in no small part to our highly-skilled and expert workforce,” Monroe County Executive Adam Bello said in a statement Wednesday. “Monroe County is a great place to do business, and I am proud to support the redevelopment of this space in the town of Chili. I thank IEC Electronics for recognizing our commitment to business growth and thank COMIDA for its continued support of this county’s economic expansion and advanced technology, engineering and manufacturing projects that utilize our proficient local workforce.”

Based in Newark, Wayne County, IEC provides advanced electronic manufacturing services to leading technology companies that produce life-saving and mission-critical products in the aerospace, defense, industrial and medical sectors.

Officials said the company considered several locations but opted to expand its footprint in the Rochester region, effectively establishing a Rochester-area campus with its new westside location at 50 Jetview Drive. The new facility will complement IEC’s brand new, state-of-the-art headquarters Newark.

IEC is eager to tap into a much deeper, highly qualified labor pool in Monroe County, officials added. Renovations are expected to begin this month and business operations are expected to begin by July 2021. Career fairs and hiring events are expected to take place in the April and May timeframe.

“Access to a talented workforce was a critical factor in IEC Electronics’ decision to expand in Rochester, N.Y.,” said Matt Hurlbutt, president and CEO of Greater Rochester Enterprise Inc. “Greater Rochester Enterprise helped IEC Electronics connect with local partners, identify facilities and other resources to help accelerate the company’s growth plans.”

The new Jetview Drive location will become a dual-purpose facility, IEC President and CEO Jeffrey Schlabaum told the RBJ in October, 2020. IEC will move the 50 employees it has at its Emerson Street facility to Jetview, where it will ramp up its precision metals operation. Additionally, the company will establish an electronic assembly operation very similar to the work that’s being produced in Newark.

“We are very excited about the acquisition of an additional facility in Monroe County,” said IEC President and CEO Jeffrey Schlarbaum. “This location will serve to consolidate our specialty metals operation along with an expanded electronic assembly operation. We believe this facility will provide the ideal footprint and location to support our growing customer demand and more importantly, provide us access to a larger pool of qualified resources to support what we believe will be ongoing double-digit organic growth.”

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