The expansion project is underway, and the company expects construction crews to finish their work in mid-March.
ESD has offered up to $250,000 through the Excelsior Jobs tax-credit program in exchange for the job-creation commitments.
“The surrounding community has supported Dynalec for over 40 years and we are proud to call the village of Sodus our home,” James Ryan, attorney for Dynalec Corp., said in the ESD news release. “Construction of our new facility will allow us to meet the growing worldwide demand for our products, while expanding our highly technical workforce to remain a leader in onboard ship communication. We would like to thank Empire State Development for their assistance in allowing us to reinvest in this special community.”
(Sponsored)
When Can an Employer Request an Applicant’s or Employee’s Salary History?
In a tight labor market, many employers struggle to provide the most competitive employment offers, including competitive salaries and wages. Are employers permitted to request an applicant’s current salary in
Insurance Rates: What is really going on with these premiums and why they seem to be increasing!
This is a question we continuously get asked at CH Insurance. Clients with a good loss history, timely payments, excellent credit, and very good policies and procedures. All across the
Founded in 1960, Dynalec Corporation is a manufacturer of shipboard systems for communication, navigation and switching. It builds standard and custom products for military and commercial use, including sound-powered telephones. Its customers include agencies of the U.S. Department of Defense; military and commercial shipyards; international navies; mining/oil rigging manufacturers; and telecommunication companies.
Contact Reinhardt at ereinhardt@cnybj.com
Image credit: Dynalec Corporation website
