PULASKI, N.Y. — Fulton Companies, a manufacturer of high-pressure steam boilers and thermal fluid heaters used by dry cleaners and industrial laundries, has received a $221,000 Capital Investment Incentive grant from National Grid for infrastructure improvements that will support the company’s 112,000-square-foot expansion and $13.9 million capital investment plan.
The grant will offset costs associated with construction of a new 82,000-square-foot manufacturing floor, 10,000-square-foot research and development center, and 20,000-square-foot office space. The grant also supports Fulton’s capital investment in projects that include expansion of thermal fluid heating product lines, creating lower-emissions products, and manufacturing a wider range of large boilers.
“We are grateful for National Grid’s support,” says Kevin LaMontagne, chief financial officer, Fulton. “Fulton is dedicated to Central New York. Our commitment to superior customer service, quality on-site product construction, and globalization of sales has resulted in our strong and continued presence in this region. The grant from National Grid allows us to begin to expand our facilities – this means more business, more customers, and more jobs. We plan to add approximately 50 new jobs in our Pulaski office over the next five years.”
“As longtime business partners, National Grid and Fulton have jointly identified job growth in Central New York as a critical issue to address,” says Melanie Littlejohn, National Grid regional executive of Central New York. “National Grid is pleased to provide these funds to help Fulton realize its growth, provide jobs, and sustain the economy. Not only will the community of Pulaski benefit, but so too will the entire region as National Grid continues to make investments in economic development programs to help attract more businesses, residents, and visitors to our area.”
“The Fulton Companies’ expansion is great news for our area,” adds Assemblyman William A. Barclay (NY Assembly District 124). “This will not only add jobs to our region but will ensure hundreds of jobs will stay here with this reinvestment.”
A video and summary of the project can be viewed on Fulton’s website.