WXXI AM News

Incentives approved for several Monroe County projects

Nov 28, 2018

Credit www.imaginemonroe.org

Imagine Monroe, the economic development agency for Monroe County, this week approved incentives for several projects that County Executive Cheryl Dinolfo says will help create and retain nearly 800 jobs.

They include expansion for SPS Medical Supply, which wants to build an addition to its facility on W. Henrietta Road in Rush.

The company says that $18 million project is expected to create 100 new jobs over the next three years. SPS says the expansion is to meet the needs of their global dental and healthcare customer base. The company is getting property and sales tax incentives.

Another project involves Rochester Precision Optics, which plans to add 30 jobs as part of its expansion in West Henrietta. The company recently acquired a Florida company and wants to integrate those operations with its offices in the Rochester area. Rochester Precision Optics is getting a sales tax exemption on some materials and equipment.

Imagine Monroe also approved a sales tax exemption for Woods Oviatt Gilman, the locally based law firm, which is leasing about 85,000 square feet at Legacy Tower ( the former Bausch & Lomb building) in downtown Rochester. They will be adding 10 jobs.

Also approved were incentives for a FiveTwentyFive East Broad LLC, a real estate holding company owned by Konar Holding Corp. The company wants to build 6 townhouses and 40 apartments in Rochester.  The $8.9 million project supports the ‘ Neighborhood of Play’ project which will include an expansion to the Strong Museum, a hotel, rental units and retail space.