Wednesday, February 21, 2007

COMIDA Announces Projects

Latest Round of Incentives

COMIDA has announced the latest incentives approved:

Linden Properties /Magnetics Technologies Corp. - Magnetic Technologies is a custom manufacturer of precision magnetic tools. It expects to create 50 new jobs with its $2 million project that includes the renovation of its 70,000 square-foot facility. It will receive sales and mortgage tax exemptions of $72,000.

Getinge Sourcing - A global provider of infection control equipment, the company is proposing a $4.2 million renovation at its Henrietta site. It will receive sales tax exemptions of $200,000.

Eastside Medical Urgent Care - offers after-hours medical services and is proposing an expansion of its Penfield site that would create 12 jobs. It will receive a tax exemption on equipment purchases of $113,000.

Silt Fencing - installation services for site developers. It will be purchasing $50,000 in new equipment and will get a sales tax exemption of $4,000.

AeroEd Inspection Services - inspection and reporting services for commercial aviation customers and is purchasing $91,000 in new equipment. It will receive a sales tax exemption of $7,280.

Durant Associates - asbestos abatement and will be purchasing new equipment totaling $200,000. It is creating two more jobs and will get a sales tax abatement of $16,000.
Durant Associates received incentives from COMIDA and the MCIDC in December of 2005. The incentives were also for a $200,000 equipment purchase of a crane. It is not clear whether any specific equipment was listed in the most recent application as information available to the public has yet to be updated. More as soon as meeting minutes are posted -

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