Jeans firm announces plans for two new $10M facilities.
Federal Jeans Inc., an importer, manufacturer and distributor of denim products, plans to build two new light manufacturing and warehouse distribution centers in the Bronx and Queens to complement its fast-growing business operations in Brooklyn.
The company was designated to acquire
These new facilities will create about 200 jobs in addition to the existing 100 jobs at its Brooklyn facilities.
Federal Jeans President Yoram Moussaieff, Economic Development Corporation president Andrew M. Alper, and Department of Small Business Services Commissioner Robert W. Walsh joined the Mayor Michael Bloomberg for the announcement at Federal Jeans headquarters in the East New York Industrial Park last week.
"Federal Jeans' plan to expand its operations will more than triple the number of its employees in New York City," said Bloomberg.
"This is in addition to the company's Brooklyn headquarters and its showroom in Manhattan, and will make Federal Jeans a presence in four of our five boroughs." Federal Jeans President Moussaieff said, "EDC's maintenance and improvement programs make it easy to do business in the industrial parks.
"And EDC's Real Estate Division has been invaluable in helping us find the right property for our expansion."
In the Bronx, Federal Jeans plans to invest $10.5 million to construct a one-story, 118,000-s/f warehouse and distribution facility on a City-owned vacant lot at Seward and Zerega Avenues.
The building will consist of about 103,000 s/f of warehouse space and 15,000 s/f of office space.
The Bronx project is a result of a Requests for Proposals issued by EDC on behalf of the City in keeping with the Administrations commitment to foster development of quality industrial space to enhance the growth of the city's vital industrial sector. In Far Rockaway, Queens, the company plans to build a 150,000 s/f light manufacturing and distribution facility on a 270,000 s/f vacant lot located between Beach 77th and Beach 84th streets, within the Rockaway Empire Zone and Arverne Urban Renewal Area, one of ten Empire Zones throughout the City managed by SBS.
The company estimates the cost of this project at $10 million.
In addition, make sure to read these articles:
- KeySpan Praises Proposed LIPA Agreements; Plan Presents Energy Reliability and...
- RWD Executives, Baltimore Area Dignitaries, and Friends Honor Lifetime Achievements of Dr.
- Fitch Says LIPA Outlook Remains Stable on KeySpan Contract News.
- Media Mania
- City's newest oceanfront community finally opens.
- Emigrant Funding Corporation.
- Meridian.
- Emigrant Funding Corporation.
- Pergolis Swartz.
- The balancing act of deciding who on Long Island gets lower utility rates
- Related buys Mitchell Lama complex.
- ADVISORY/Photo of Sidney Miller and Beth Longo is Available on BW PhotoWire/AP...
- York Research Corporation Appoints Harvey W. SchultzDirector.
- Government program turning out a new breed of broker.
- French-made M-7 train cars replacing old M-1 cars on LI Railroad
Email
Digg It
del.icio.us
Related Resources
Business Resources
Sponsored Links
Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy
Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.
© Copyright © 2004 Hagedorn Publication
You may not repost, republish, reproduce, package and/or redistribute the content of this page,
in whole or in part, without the written permission of the copyright holder.
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
AllBusiness.com, its parent company D&B, and its affiliates.
