BUFFALO, N.Y. (AP) — A Dubai-based company plans to build a new factory in Buffalo that will employ about 170 workers producing steel pipes for the oil and natural gas industry.
Local media outlets report that Alita USA Holdings plans to build its $102 million factory in South Buffalo, near the city's Lake Erie waterfront.
Gov. Andrew Cuomo announced Tuesday that the project is expected to create 172 well-paid jobs. Alita USA President and CEO Ali Hosseini says the factory will be the company's first U.S. manufacturing site for producing what are known as oil country tubular goods.
The company chose Buffalo over Houston after state and local economic development agencies offered about $10 million in tax credits, low-cost hydropower and other incentives.