A $2.9 million loan from the U.S. Economic Development Administration will help turn a Newburgh brownfield into a new headquarters for Hudson Valley Lighting.
The loan, announced Thursday by U.S. Rep. Sean Patrick Maloney and U.S. Sens. Charles Schumer and Kirsten Gillibrand, will enable the city to upgrade sewer and water infrastructure at 5 Scobie Drive, just south of Interstate 84. The Newburgh Industrial Development Agency currently owns the site.
According to the press release announcing the loan, the lighting manufacturer will develop the site as a headquarters, keeping 180 jobs in Newburgh and creating 50 more. The company is currently based on Pierces Road in the city.
Hudson Valley Lighting and two of its affiliates, USAI and Sonneman, are expected to be able to expand their existing capabilities once the project is complete. The infrastructure improvements will also add between 30 and 60 temporary construction jobs, the press release said.
Noting that Hudson Valley Lighting affiliate USAI hires 70 percent of its workforce from Newburgh, Orange County Executive Steve Neuhaus in the press release said, “Thanks to this timely funding and the hard work of our partners in the federal government, Hudson Valley Lighting can add more full-time employees and remain right here in Orange County as a family-owned business.”
“My family will retain and grow our businesses, employing and creating jobs in our hometown,” said David Littman, CEO of Hudson Valley Lighting, in the press release. “This is a win for all of us.”
