August 31, 2016
Albany, NY

Governor Cuomo Announces Seisenbacher Rail Interiors Inc. to Establish U.S. Headquarters in Rochester

TOP Governor Cuomo Announces Seisenbacher Rail...

Project Will Add Over 50 New Manufacturing Jobs to the Region

Project Supports “Finger Lakes Forward” – Region’s Successful Upstate Revitalization Initiative to Grow the Economy and Create New Opportunities

WYSIWYG

Governor Andrew M. Cuomo today announced that Seisenbacher Rail Interiors Inc., a manufacturer of rail car interiors, and leading supplier of rail car interiors in Europe, is expanding into the U.S. market and has selected Rochester as its home base of manufacturing operations. The family-owned, Austrian based company is investing approximately $1.7 million for equipment and property on Humboldt Street and will create 59 jobs over five years. With new headquarters in Rochester, Seisenbacher will work with local suppliers for sheet metal fabrication and raw material sourcing, indirectly supporting the local economy and bringing noteworthy design, engineering, manufacturing and assembly know-how to the United States.

“Seisenbacher Rail Interiors’ decision to build its first U.S. manufacturing location in Rochester is a win-win for the company and the region,” Governor Cuomo said. “By partnering with local suppliers, Seisenbacher builds on the rich rail history in upstate New York and supports our commitment to improving the business climate in the Finger Lakes and moving this region foward.”

Seisenbacher is a leading supplier of rail car interiors in Europe, providing the largest global rail car manufacturers, such as Siemens, Bombardier, Stadler and Pesa, with ceiling systems, side panels, holding bars, storage cabinets and other items. Seisenbacher has successfully delivered light rail projects, trams for Europe’s largest cities, regional trams and has most recently won a contract to furnish Switzerland’s first high speed train.

The company’s annual double-digit growth has enabled management to strategically expand its global market and, since late 2015, the senior management team has been focused on discovering the U.S. market and assessing its opportunities. With manufacturing and assembly commencing later this year, Seisenbacher’s first products are scheduled to roll out by December 2016, and all manufacturing processes will be aligned to the highest European rail manufacturing standards and supported by the latest process technology.

Empire State Development President, CEO & Commissioner Howard Zemsky said, “By partnering with rail car manufactures in the region, Seisenbacher will be able to offer products and solutions across the country that will support the growth of manufacturing base in Upstate New York.”

Seisenbacher Rail Interiors Inc. CEO Paul Edelsegger said, “We looked at a variety of locations for our first U.S.-based operations and ultimately chose Rochester because of the quality of its workforce, strength of its manufacturing expertise and the concentration of local suppliers that will help us produce a quality product,” I thank Governor Cuomo and the local economic development partners here in Rochester for helping make this project a reality.”

Rochester Mayor Lovely Warren said, “Yet another company has decided to come to Rochester, recognizing it as a great place to live and do business,” Mayor Lovely A. Warren said. “Jobs are the engines that drive economic vibrancy and thriving neighborhoods and Seisenbacher Rail’s creation of 59 jobs is a significant contribution to our community. I am proud to join my partners in government in welcoming them to our city.”

Empire State Development, the state’s economic development agency, will provide Seisenbacher up to $600,000 in performance-based Excelsior Jobs Program tax credits in return for its job creation commitments. Partnerships between Seisenbacher and local rail car manufacturers will be supported by the establishment of a U.S. subsidiary that will cover the end-to-end value chain from design and engineering through production, assembly and logistics of interior solutions. The City of Rochester is expected to award Seisenbacher a $150,000 grant at a meeting in early September.

Mark S. Lynch, president and CEO of New York State Energy and Gas and Rochester Gas and Electric said, “Seisenbacher’s decision to locate in Rochester is a huge win for the community and the state. The economic development partnership between Rochester Gas and Electricand local and state agencies helped make this project a reality. Our companies have been helping communities attract new businesses and build employment for decades, and we are committed to assisting Seisenbacher with an economic development grant from Rochester Gas and Electric. We thank Seisenbacher for bringing their business to the City of Rochester, and welcome them to our community.”

Greater Rochester Enterprise President & CEO Mark S. Peterson said, “I’m pleased that Seisenbacher has chosen Rochester, NY as the site of its first U.S. based operation. Our region has a depth of advanced manufacturing expertise as well as a robust rail manufacturing supply chain that made Rochester the right location for this company.”

Monroe County Executive Cheryl Dinolfo said, "Headquartered overseas, Seisenbacher Rail could have expanded to anywhere in the world, yet they chose to land right here in Monroe County. We are proud to welcome this 4th generation business with an extensive global network and look forward to their success here in our community."

Senator Rich Funke said, “We are proud to welcome Seisenbacher Rail home to the 55th District, along with the jobs and investment that come along with its big move. When an overseas company chooses our community to do business over anywhere else in the world, it’s a testament to the strength of our local workforce and economy. I thank Seisenbacher for their commitment and our state and local partners for helping to secure this vital investment.”

State Assembly Member Harry Bronson said, “From manufacturing adeptness to an incredibly skilled workforce to draw from, the decision by Seisenbacher Rail Interiors to tap Rochester as home to its U.S. operations proves once again that this area has much to offer any company looking to grow its operation. I welcome them and thank them for contributing to Rochester’s economic future.”

Accelerating Finger Lakes Forward

Today’s announcement complements “Finger Lakes Forward,” the region’s comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $3.4 billion in the region since 2012 to lay the groundwork for the plan – investing in key industries including photonics, agriculture and food production, and advanced manufacturing. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Rochester, Batavia and Canandaigua as a destination to grow and invest in.

Now, the region is accelerating Finger Lakes Forward with a $500 million State investment through the Upstate Revitalization Initiative, announced by Governor Cuomo in December 2015. The State’s $500 million investment will incentivize private business to invest well over $2.5 billion – and the region’s plan, as submitted, projects up to 8,200 new jobs. More information is available here.

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