Written by Rob Lillpopp on May 27, 2010 – 7:12 am
On May 20, Kolmar Labs Group inked an agreement with Empire State Development Corp., Orange County and the Office of Community Renewal to stay in New York.
The Port Jervis employer has been in western Orange County for nearly seven decades, but was deciding to say farewell to New York until the ESDC stepped in to keep Kolmar on the New York side of the border.
In addition to $4.5 million in working capital for machinery and equipment upgrades from ESD for its Port Jervis facility, the company received $250,000 as a result of Assemblywoman Aileen Gunther’s and others’ political intervention, as well as $250,000 from the Office of Community Renewal.
The company announced will invest an additional $23 million in expanding its manufacturing and research and development operations in Port Jervis. It will also retain its 400 full-time employees.
