Council approves loan guarantees for SIG Sauer project in Rochester | Business


A $21 million state mortgage assure to assist SIG Sauer transfer its Dover manufacturing operations to Rochester cleared the Government Council on Wednesday after the council declined to require the gun maker to report on the human rights data of its overseas authorities shoppers.

Rochester metropolis and state Enterprise Finance Authority officers mentioned the brand new improvement would home 300 employees, add a internet further 150 jobs and revitalize a dormant property with three buildings on 35 acres.

kAm%9:D 4=62C=J 2? 2>2K:?8 64@?@>:4 @AA@CEF?:EJ 7@C FD[ D2:5 #@496DE6C |2J@C r2C@=:?6 |4r2C=6J[ H9@ D2:5 E96 ?6H A=2?E H:== 36 2? @AA@CEF?:EJ 7@C >2?J DEF56?E :?E6C?D E@ 82:? D<:==D]okay^Am

kAm#@? v@D=:?[ $xv $2F6CD 49:67 @A6C2E:?8 @77:46C[ C642==65 8C@H:?8 FA ?62C3J u2C>:?8E@? 2?5 8@:?8 E@ E96 AC@A6CEJ H96? :E H2D 2 5C:G6:? >@G:6 E962E6C]okay^Am

kAmxED ?@E A6C764E] xE ?665D H@C<[ 3FE H6 H2?E E@ EFC? E9:D :?E@ 2?@E96C @?6 @7 @FC 724:=:E:6D E92E E96 4:EJ @7 #@496DE6C[ $xv $2F6C 2?5 E96 DE2E6 @7 }6H w2>AD9:C6 42? 36 G6CJ AC@F5 @7[ v@D=:? D2:5]okay^Am

kAm&?56C E96 28C66>6?E[ E96 qup AFC492D6D E96 AC@A6CEJ 2?5 @G6C `_ J62CD $xv $2F6C H:== A2J 324< E96 AC@4665D @7 2 S`h >:==:@? C6G6?F6 3@?5 2?5 2 Sa]` >:==:@? =@2? E@ E96 4@>A2?J 2?5 E96? E2<6 @H?6CD9:A @7 :E]okay^Am

kAmqup @77:4:2=D D2:5 E96 286?4J C6D6CG6D =@2? 8F2C2?E66 7:?2?4:?Eight 7@C 6I:DE:?8 }6H w2>AD9:C6 6>A=@J6CD H:E9 DEC@?Eight 7:?2?4:2=D[ H9:49 $xv $2F6C 92D]okay^Am

kAm$xv $2F6CD H@C=5 9625BF2CE6CD 2C6 2E !62D6 x?E6C?2E:@?2= %C256A@CE }6H:?8E@?] %96 4@>A2?J 92D D:I @E96C =@42E:@?D }6H w2>AD9:C6[ 255:E:@? E@ @A6C2E:@?D pC<2?D2D 2?5 ~C68@?]okay^Am

k9bmp4E:G:DED H6:89 :?okay^9bm

kAmpercentH@ 24E:G:DED E96 9F>2? C:89ED 8C@FA $E@A &$ pC>D E@ |6I:4@ D2:5 E92E 3642FD6 @7 $xv $2F6CD 8=@32= C6249 2D 2 D>2==2C>D DFAA=:6C[ E96 4@F?4:= D9@F=5 C6A@CE 56E2:=D @7 :ED 6IA@CE D2=6D E@ E96 qFD:?6DD u:?2?46 pFE9@C:EJ 2??F2==J]okay^Am

kAm|J 4@?46C?D 2C6 23@FE E96 6IA@CE @7 $xv $2F6C AC@5F4ED E@ 4@F?EC:6D H96C6 7:C62C>D 2C6 FD65 E@ 4@>>:E 9F>2? C:89ED 23FD6D[ D2:5 pC?:6 p=A6CE[ 2? 25G:D@CJ 3@2C5 >6>36C 2?5 7@C>6C 9625 @7 E96 DE2E6 492AE6C @7 E96 p>6C:42? uC:6?5D $6CG:46 r@>>:EE66] }6H w2>AD9:C6 D9@F=5 ?@E 36 E96 A@D:E:@? @7 DF3D:5:Okay:?Eight DF49 23FD6D @C 2AA62C:?Eight E@ 5@ D@]okay^Am

kAmp44@C5:?Eight E@ E9:D 8C@FA[ $xv $2F6C 6IA@CE65 7:C62C>D E@ >@C6 E92? g_ 4@F?EC:6D[ H:E9 >@C6 E92? 92=7 E96 H62A@?D 8@:?8 E@ %92:=2?5 2?5 |6I:4@]okay^Am

kAm%96 8C@FA 4=2:>65 `_[___ 8F?D E92E $xv $2F6C D@=5 E@ E96 |6I:42? >:=:E2CJ H6C6 E96? 8:G6? E@ A@=:46 286?4:6D `f |6I:42? DE2E6D E92E 925 2 C64@C5 @7 4@==FD:@? H:E9 4C:>:?2=D[ p=A6CE D2:5]okay^Am

kAmy@9? {:?5D2J!@==2?5[ E96 8C@FAD 4@@C5:?2E@C[ D2:5 !C6D:56?E s@?2=5 %CF>AD 25>:?:DEC2E:@? 92D C65F465 E96 =6G6= @7 @G6CD:89E @G6C p>6C:42? 8F? >2<6CD H9@ D6== 23C@25]okay^Am

kAm%9:D ?@E D@>6E9:?Eight E92E H:== DE@A E96 :?G6DE>6?E J@F 2C6 4@?D:56C:?Eight E@52J[ {:?5D2J!@==2?5 D2:5] xE 2 >2EE6C @7 EC2?DA2C6?4J 2?5 2 A2E9H2J E@ 7@C6DE2== =:23:=:EJ 7@C E96 DE2E6 E9:D >2EE6C]okay^Am

kAmv@D=:? D2:5 9:D 4@>A2?J 7246D @?6C@FD C68F=2E:@?D 2?5 6IE6?D:G6 4@?8C6DD:@?2= @G6CD:89E] %96 7:C> H@F=5 =24< E96 23:=:EJ E@ 6?7@C46 2?5 42CCJ @FE DF49 2 C6A@CE:?Eight C6BF:C6>6?E]okay^Am

kAm(6 2C6 ?@E E@ D9:A 2?JE9:?Eight 2?JH96C6 H:E9@FE E96 8F:52?46 7C@> E96 &]$] 8@G6C?>6?E[ 2?5 E92E E2<6D >@?E9D 2?5 D@>6E:>6D J62CD 2D E96J =@@< :?E@ :E[ v@D=:? D2:5] (6 2C6 2 962G:=J C68F=2E65 :?5FDECJ x 5@?E E9:?< E92E D@>6E9:?Eight H6 H@F=5 H2?E E@ 5@]okay^Am

kAmx? C6DA@?D6 E@ 4@F?4:=@C BF6DE:@?D[ v@D=:? DF>>2C:K65 E96 a_`h D6EE=6>6?E 2?5 7:?6D $xv $2F6C >2?286CD 28C665 E@ A2J 7@C 6IA@CE:?8 8F?D E@ r@=@>3:2 G:@=2E:@? @7 v6C>2? =2H]okay^Am

kAm%96 A:DE@=D D6?E 7C@> E96 4@>A2?JD v6C>2? A2C6?E H6C6 6IA@CE65 E@ E96 &]$] 4@>A2?J 2?5 7@CH2C565 E@ E96 r@=@>3:2 }2E:@?2= vF2C5 G:@=2E:@? @7 E96 4@>A2?JD v6C>2? 6IA@CE =:46?D6[ H9:49 32??65 2C> D2=6D E@ r@=@>3:2]okay^Am

kAm%96 v6C>2? 8@G6C?>6?E D2:5 $xv }6H w2>AD9:C6 5:5?E 5@ 2?JE9:?Eight HC@?8[ 3FE E96 v6C>2? 8@G6C?>6?E D2:5 E96 7:C62C>D 42>6 7C@> v6C>2?J 2?5 E96J D9@F=5 92G6 366? ?@E:7:65 3J E96 &]$] 8@G6C?>6?E E92E E96J H6C6 8@:?Eight E@ r@=@>3:2[ v@D=:? D2:5] (6 H2?E65 E@ AFE E9:D 369:?5 FD]okay^Am

kAmk2 9C67lQ>2:=E@i<=2?5C:82?oF?:@?=6256C]4@>Qm<=2?5C:82?oF?:@?=6256C]4@>okay^2mk^Am



click hear for more Finance Updates

Follow by Email
Instagram