Amphenol To Keep 1,000 Jobs In Upstate NY

The aerospace products company will keep its plant in upstate New York after getting a $20 million package of state aid.

SIDNEY, N.Y. (AP) — An aerospace products company has decided not to move 1,000 jobs out of upstate New York after getting a $20 million package of state aid to help replace a factory damaged by flooding this year and in 2006.

State and local authorities say Amphenol Aerospace will build the new plant near the current site in the Delaware County village of Sidney, a community near Binghamton hit by this summer's tropical storm flooding.

Sidney Mayor Andrew Matviak tells the Oneonta Daily Star ( ) recent efforts to prevent flooding failed, prompting the move.

In its most recent quarterly report, Wallingford, Conn.-based Amphenol Corp. said it took an $8 million one-time charge for flood damage at its aerospace subsidiary's 675,000 square foot plant, which makes connecters and interconnect systems.

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