By: Frank Esposito
February 7, 2014
Compounder CRC Polymer Systems Inc. will spend almost $1 million to open a new 27-employee manufacturing site in Sodus, N.Y.
Rochester, N.Y.-based CRC will receive $160,000 from state and county agencies to fund the $910,000 project, which will include renovating a vacant plant formerly occupied by sealing maker Garlock Sealing Technologies. Of that amount $120,000 will come from the Wayne County Industrial Development Agency, and another $40,000 will come from state-funded Empire State Development.
This support "was all instrumental in making this effort come to fruition," CRC co-owners Todd Ewing and Dave Saldo said in a Feb. 5 news release from the office of Gov. Andrew Cuomo. "The entire community has been very supportive, and we look forward to bringing new jobs into Wayne County."
In the release, Gov. Cuomo added that "the growth of CRC…is just another example of the progress we are making to grow business and create new economic opportunities in upstate New York."
"All across the state, we are seeing the rehabilitation of dilapidated, abandoned factories that are coming back to life," he said.
CRC makes a wide variety of color and additive compounds based on both commodity and engineering resins. The firm sells into numerous end markets, including industrial, housewares, lawn and garden, automotive, sports and leisure.
CRC officials could not be reached for comment. According to the release, CRC's business office and main compounding operation "will be centralized in one location in Wayne County." Sodus is in Wayne County, while Rochester is in neighboring Monroe County. The two cities are about 30 miles apart.
CRC also will receive $160,000 in state tax credits, in return for proposed investment and job creation commitments.