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Belden to expand fiber production, gets visit from NY governor bearing grants

New York Governor Kathy Hochul recently visited Belden Inc. at its plant in Syracuse, New York, where she announced $2.4 million in incentives and tax credits to help the company expand its optical fiber production.

A press release said that Syracuse is home to Belden’s primary Broadband Solutions location, operating under the PPC Broadband brand, where Hochul highlighted key programs in her 2024 New York state budget. The Governor also announced a flurry of economic and financial awards, including a $1.2 million Empire State Development grant for Belden and a $1.2 million Excelsior Jobs tax credit.

“We are honored to welcome Governor Hochul to our Syracuse location,” said Belden President and CEO Dr. Ashish Chand. “Her words describing New York’s rich history of transformation and reinvention, spoken from inside a Belden facility, underscore how Belden itself is leading the way through ingenuity and innovation from its many key locations across the U.S. and around the world.”

Belden was one of 19 recipients across New York State to receive a total of $15 million in financial awards through the Regional Economic Development Council initiative.

Read 998 times Last modified on March 7, 2024

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