Pulaski company awarded $1.5 million loan guarantee to bring back jobs from China
Lake effect snow falls on Salina Street in Pulaski in Oswego County, where a local company plans to bring 25 manufacturing jobs back from china. (Photo by Gary Walts / The Post-Standard)
Washington -- A Pulaski company has been awarded a $1.5 million federal loan guarantee that will help it expand and bring back 25 jobs from China, New York's two U.S. senators said today.
HealthWay Home Products and V-Squared Management in Pulaski will use the loan to build an expansion to its manufacturing plant, the senators said.
The plant, which currently employs about 35 people, makes air cleaning and filtration products for homes, businesses and medical uses.
The federal guarantee is through the U.S. Department of Agriculture's Rural Development agency. It will help the company build an 18,000-square-foot addition to its facility on Maple Avenue in Pulaski.
"This funding will help return jobs to Central New York and bolster manufacturing, while helping to create construction jobs and 25 permanent jobs in the process," U.S. Sen.Charles Schumer, D-N.Y., said in a statement announcing the loan guarantee.
U.S. Sen. Kirsten Gillibrand added, "When we invest in manufacturers like HealthWay Home, we can help more businesses grow and thrive, put more New Yorkers back on the job just like we are in Pulaski, and strengthen our economy."
Contact Mark Weiner at mweiner@syracuse.com or 571-970-3751. Follow him on Twitter @MarkWeinerDC
HealthWay Home Products and V-Squared Management in Pulaski will use the loan to build an expansion to its manufacturing plant, the senators said.
The plant, which currently employs about 35 people, makes air cleaning and filtration products for homes, businesses and medical uses.
The federal guarantee is through the U.S. Department of Agriculture's Rural Development agency. It will help the company build an 18,000-square-foot addition to its facility on Maple Avenue in Pulaski.
"This funding will help return jobs to Central New York and bolster manufacturing, while helping to create construction jobs and 25 permanent jobs in the process," U.S. Sen.Charles Schumer, D-N.Y., said in a statement announcing the loan guarantee.
U.S. Sen. Kirsten Gillibrand added, "When we invest in manufacturers like HealthWay Home, we can help more businesses grow and thrive, put more New Yorkers back on the job just like we are in Pulaski, and strengthen our economy."
Contact Mark Weiner at mweiner@syracuse.com or 571-970-3751. Follow him on Twitter @MarkWeinerDC
