IDA News and Updates
News and Updates
Air Products Expansion Approved
Air Products and Chemicals, Inc. received an enhanced PILOT agreement, mortgage recording and sales tax abatement for the expansion of the Glenmont operations at 461 River Road. The company has manufactured industrial gases at the site for more than 40 years.
The business will install a new Air Separation Unit and expand the liquidation capacity on the site. The Town and the region will benefit by the local production of industrial gases which are necessary components for other manufacturing industries such as computer chip manufacturers, chemical and polymer manufacturers, and for medical research.
The project will result in the retention of 66 jobs in the region and an investment of over $14 million.