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March 21, 2016 | The Rome Sentinel Improved outlook spurs company

WHITESTOWN — S.R. Sloan, Inc., is planning to add production capacity thanks to an improved economy and an expanded product line. Family-owned Sloan, 8111 Halsey Road, is a wood truss, wall panel and custom stair manufacturer.

 

“We’re happy to be back on our game,” Melissa Cummings of Sloan told Oneida County Industrial Development Agency board members Friday as she outlined the firm’s request for incentives. The business plans to add 18,000 square feet of manufacturing space and then equip it. The company wants to add another prefabricated wall panel production line and install a large saw. The estimated investment is $1.8 million. Construction may start as soon as mid-June.

 

She said the company had record sales last year as it continued its rebound from the Great Recession. Cummings said the recent expansion into wall panels has been a good move for Sloan.

 

IDA board members gave preliminary approval for a payment-in-lieu-of-taxes agreement, sales tax break on materials and equipment, and state mortgage tax exemption. The company was approved for $167,640 in property tax breaks over 10 years on the incremental assessed value, $31,235 in sales tax exemption and $5,560 in mortgage tax exemption..... READ MORE>

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LOCATIONS NEW YORK 8111 Halsey Rd Whitesboro, NY 13492 Phone: 800-366-7562 Fax: 315-736-7740 BALLSTON SPA (Office Only) 61 Rowland St. Suite 201 Ballston Spa, NY 12020 PENNSYLVANIA 87 Pinedale Industrial Rd Orwigsburg, PA 17961 Phone: 570-366-8934 Fax: 570-366-0807
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