Plumbing Supply Company Chose New York Over Connecticut and Rhode Island and will Create 95 New Jobs and Retain Hundreds More
Governor Andrew M. Cuomo today announced the grand opening of Ferguson Enterprises, Inc.'s new distribution facility in Coxsackie. Ferguson Enterprises, the nation's largest wholesale distributor of residential and commercial plumbing supplies, has committed to create 95 new jobs at the facility and retain 319 retail jobs across the state with the completion of this project.
"Today is yet another great example of how New York is open for business," Governor Cuomo said. "With fierce competition from other states, we're proud that Ferguson chose New York and the Capital Region to invest, grow and create jobs. I welcome them to their new home in Greene County and look forward to their continued success."
The $40.5 million project includes a 460,000 square-foot warehouse in the Fountain Flats Business Park and was made possible by $1.2 million in performance-based Excelsior Jobs Program Tax Credits from Empire State Development. The 95 new jobs at the facility have already begun to be filled and are focused on distribution operations on the floor.
Coxsackie was selected over locations in both Connecticut and Rhode Island to serve as home to Ferguson's first northeast distribution center. The facility's location along the New York State Thruway, provides the company with better access to its stores in upstate New York and throughout New England.
Senator George Amedore said, "The opening of Ferguson Enterprises' new distribution center is great news for the entire area. This new facility will create good-paying jobs and bring additional economic opportunities to the residents of Greene County. Greene County is a great place to do business, and I’d like to congratulate Ferguson Enterprises for recognizing the tremendous potential for this site and thank them for investing in this community."
Assemblyman Pete Lopez said, "I'm very proud to be part of the efforts to create new jobs and bring new investments to Greene County. Ferguson Enterprises has demonstrated a keen interest in the Hudson Valley, and I look forward to seeing the company be a contributing member of our economy for many years to come. My office is especially pleased with the efforts of René VanSchaack and the Greene County IDA who laid the groundwork to make this project a success."
Coxsackie Town Supervisor Richard Hanse said, "By choosing Coxsackie over 60 other communities in seven states, Ferguson demonstrated faith in our workforce and faith in our community. Through joining forces in a public-private collaborative effort to bring the Ferguson project to fruition, Coxsackie is assured a growing workforce and increasing revenue long into the future. The choice of locating its newest distribution center in our community is good for Ferguson and good for Coxsackie."
Empire State Development President, CEO and Commissioner Howard Zemsky said, "Governor Cuomo's commitment to the creation of new jobs across the state is the driving force for the growing New York economy. Ferguson, which has 11 distribution centers serving the U.S. and Canada, opens its new distribution facility today, bringing nearly 100 new jobs to the Capital Region. We thank Ferguson for choosing New York State and look forward to the company’s success here."
Ferguson CEO Frank Roach said, "Our newest distribution center is now fully-operational and we are proud to welcome 75 associates to the Ferguson family from Coxsackie. This project would not have happened without the help and support of many - from various statewide agencies to Greene County and its Industrial Development Agency to the residents of Coxsackie. We look forward to a long-lasting partnership with the community."
Greene County IDA Chairman Eric Hoglund said, "The Greene County IDA appreciates Empire State Development's assistance in helping us secure such a significant investment in our county. In today's competitive environment, it is critical to work with agencies from the state and with local partners to overcome obstacles, secure deals, and grow the economy. I'm happy to say that is exactly what happened with Ferguson Enterprises – thank you for making the commitment to our region."
The project was supported by the Capital Region Economic Development Council, as it aligns with the strategies for economic growth and prosperity for the eight-county region.
Ferguson (www.ferguson.com) is the largest wholesale distributor of residential and commercial plumbing supplies and pipe, valves and fittings in the United States. The company is also a major distributor of HVAC/R equipment, waterworks and industrial products and services. Founded in 1953 and headquartered in Newport News, Va., Ferguson has sales of $10.6 billion and approximately 19,000 associates in almost 1,350 locations. Ferguson and its subsidiaries serve customers in all 50 states, Puerto Rico, Mexico and the Caribbean. Ferguson is part of Wolseley plc (www.wolseley.com), which is listed on the London Stock Exchange (LSE: WOS) and on the FTSE 100 index of listed companies.
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