"Getting the Super Steel plant back in use after just eight months is excellent news," said Metroplex Chair and Commissioner of Economic Development and Planning for Schenectady County Ray Gillen in a statement. "We are very grateful for the decision by Dimension Fabricators to stay and grow in Schenectady County."
"We welcome Scott Stevens and his team from Dimension Fabricators to the Glenville Buisness and Technology Park," said COO of the Galesi Group David Buicko in a statement. "By buying this acreage from Super Steel, the Galesi Group plans to couple it with the former Burgess site to create one of the best shovel ready sites in the Capital Region."
The Schenectady County Industrial Development Agency met on Wednesday, Dec. 16, to approve the project, which included an exemption from the mortgage recording tax and exemption on sales tax for building materials and equipment used to improve the building, according to the release. A payment for the tax agreement already in place for Super Steel will be extended resulting in full payment of local property taxes for the five years when the company is eligible for real estate property tax credits, according to the release.