Empire State Development Announces Grand Opening of Soleno's $22 Million Pipe Manufacturing Facility in Saratoga County

URLhttps://esd.ny.gov/esd-media-center/press-releases
Sourceesd.ny.gov
Date Published09/26/2024

Additional Reshoring Information:

Company/Division name Soleno
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):22
Country(ies) from which reshored:Canada
City reshored to:Saratoga Springs
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredplastic pipe
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:$2 million
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