IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 29 Nov 2011 | Removal date: open ended
Still in force

Financial grant

On November 29, 2011 Governor Andrew M. Cuomo announced a business assistance and retention package of approximately $20 million in order to keep Amphenol Aerospace in Sidney, Delaware County. The company manufactures interconnect products for the military, commercial aerospace, and industrial markets. Significant flooding from Tropical Storm Lee had devastated Amphenol's facility, and the company explored options to move manufacturing to other sites outside New York State. The company will use funding from the state's incentive package to help relocate its operations from its current facility to a new site nearby. Funding from the state's $20 million incentive package will be used to offset the costs associated with site acquisition, building construction, extension of a natural gas line to both the existing facility and new facility, and construction of a levee around the existing plating facility.

AFFECTED COUNTRIES

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AFFECTED SECTORS AND PRODUCTS

462 Electricity distribution & control apparatus; parts
8535 Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits (for example, switches, fuses, lightning arresters, voltage limiters, surge suppressors, plugs and other connectors, junction boxe
853510 Fuses
853521 For a voltage of less than 72.5 kV
853529 Other
853530 Isolating switches and makeandbreak switches
853590 Other
8536 Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits (for example, switches, relays, fuses, surge suppressors, plugs, sockets, lampholders and other connectors, junction boxes), for
853630 Other apparatus for protecting electrical circuits
853641 For a voltage not exceeding 60 V
853649 Other
853650 Other switches
853669 Other
853670 Connectors for optical fibres, optical fibre bundles or cables
853690 Other apparatus

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