Moog Inc is planning another big expansion in western New York, creating up to 500 job positions in the Buffalo suburb.
The manufacturer announced a $25 million investment in renovations and new equipment at its East Aurora, New York headquarters.
The expansion would provide new manufacturing space, along with facilities for research and development and support employees.
Chairman and CEO of Moog John Scannell, said: “Our investments in buildings and advanced manufacturing equipment are helping to create new jobs in the highly skilled manufacturing sector.”
“These jobs are across multiple end markets including defense, space and the electrification of construction equipment. We are very excited about the long-term opportunities these markets present for our base in East Aurora.”
The project aims to support a number of defense and aerospace operations, like the F-35 Joint Strike Fighter, V-22 Osprey tiltrotor, full-flight training simulators, and hardware for satellites and NASA missions.
When Moog hits its job creation targets over the next five years, the state will provide up to $15 million in tax breaks.
This is the company’s third significant expansion funded by the state of New York in recent years.