Ontario County EDC approves loan to attract Utica-based Pacemaker Steel

By WKTV News

CANANDAIGUA, N.Y. - The board of the Ontario County Economic Development Corp. (EDC) has approved a $400,000 low-interest loan to Pacemaker Steel and Piping of Rochester, Inc. in an effort to encourage the affiliate of 118-year-old, Utica-based Pacemaker Steel and Piping Co., Inc. to expand in the Village of Manchester.

The company will invest $4 million in the vacant 50,000-square-foot former A.J. Glass site so that it can better expand its services to customers in the Greater Rochester and Western New York regions with a variety of metal products, including steel, aluminum and stainless bar, sheet, plate and shapes.

Pacemaker Steel expects to create 11 jobs, six of which will be made available to people who are currently unemployed or are currently at the low-to-moderate income level.

“We are pleased to support this well-regarded, family-owned company with its desire to expand into our community, create local jobs, and grow our regional economy,” said Joe Bridgeford, chairman of the EDC board. “In addition, Pacemaker Steel’s acquisition of the former A.J. Glass building in Manchester will transform a once-vacant site into an active workplace again, benefiting the village and contributing to the life of our community.”

In addition to the $400,000 loan from the EDC, Pacemaker Steel has also been approved for abatements on mortgage, sales and real estate taxes by the Ontario County Industrial Development Agency. IDA board members have also approved a 10-year payment-in-lieu-of-taxes (PILOT) agreement for the company, which will result in an estimated $1.14 million in sales tax, income tax and real estate tax revenues to the state, county and local municipalities.

Jon Baker, a long time resident of Ontario County and Vice President of Pacemaker Steel Rochester stated: “As part of our strategic growth plan, we are very pleased to announce our launch into Ontario County and the Greater Rochester Region. This project will allow us to better service our customer base. A location closer to our customers, increasing morning delivery service, is even more critical in this economic environment. The Manchester facility, situated less than one mile from New York State Thruway Exit 43, is an ideal location to help us meet the needs of existing and potential customers. We would like to thank the staff and Board of Ontario County and the Village of Manchester for their efforts in helping make this vision a reality.”

Manchester Village Mayor Nancy Johnsen said: “We are pleased Pacemaker Steel has chosen to locate their business in the Village of Manchester. We’re looking forward to them becoming a part of our community and also to a long, productive association. We wish them great success.”

“I'm happy to hear that Pacemaker is moving forward, and I'm certainly elated that they have chosen Manchester as their new home here in Western New York,” said Manchester Town Supervisor Jeff Gallahan.

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