Metallized Carbon Corp., a manufacturer of self-lubricating machine components for industrial uses headquartered in Ossining, will expand its Hudson Valley operations with the construction of a 15,000-square-foot factory in Fallsburg in Sullivan County, Empire State Development officials announced.
The $4.8 million expansion project, on which the company recently broke ground, will create 10 full-time jobs in Fallsburg, where Metallized Carbon will manufacture products for its Metcar aerospace materials division, according to officials at the state economic development agency. Founded by the Sieber family in Ossining in 1945, the company will retain 117 jobs at its Westchester location.
Empire State Development will provide nearly $1 million in financial incentives to keep the company in New York, including $310,000 in Excelsior Jobs Program tax credits and a $650,000 capital grant. State officials said the custom manufacturer, which serves a global market, had considered relocating to Virginia.
Matthew Brennan, Metallized Carbon Corp. president and CEO, in the recent announcement said those strategic incentives from the state “will allow the company to grow and provide additional important manufacturing jobs to the economy.”
The company at its Catskills factory will incorporate the latest technology and modernize the machinery and equipment necessary to run a pilot production facility, using an electric induction heating process in the manufacture of its self-lubricating, oil-free materials for critical industrial applications. Company and state officials said the facility is a key element in supporting Metcar”™s ”” the company”™s trade name ”” rapidly growing aircraft and aerospace materials production.
The new induction heating equipment will be used to process molten metals and combine them with the company”™s modern high-temperature, self-lubricating carbon/graphite. Other equipment will be used for high-temperature baking and processing of critical components used in oil and gas production, power generation, waste and drinking water systems, food production and desalinization as well as aerospace.
New York State Electric and Gas, the utility serving the Sullivan County area, also will provide economic development assistance to Metallized Carbon for its expansion, said NYSEG President Mark S. Lynch.
