HIGHLAND – Zumtobel Lighting in Highland will invest $6.4 million to boost research and development of the next generation of lighting fixtures, connected lighting solutions, employee training and factory upgrades.
New York’s Empire State Development Corporation will provide the company with up to $1.19 million in performance-based grants and tax incentives, including a $900,000 Regional Council Capital Grant and $290,000 in Excelsior Jobs program Tax Credits. The state incentives are conditioned on Zumtobel’s $6.4 million investment and maintenance of 202 jobs through 2022.
The business must also use women-owned and minority businesses to perform at least 30 percent of the factory upgrades.
“Our investment in the development of the North American and South American market further demonstrates Zumtobel’s commitment to enhance customer satisfaction, expand its product lines along with manufacturing, assembly and distribution capabilities,” said company CEO Kevin Maddy.
