Syracuse, NY -- A high-tech medical company from Ohio lured to New York state by research grants settled on Syracuse after forming partnerships with universities and private entities in Central New York. Haledyne LLC announced its move to Syracuse's Technology Garden this morning, relocating from a Cleveland suburb. A startup company with four employees, Haledyne has developed technology that it...
Syracuse, NY -- A high-tech medical company from Ohio lured to New York state by research grants settled on Syracuse after forming partnerships with universities and private entities in Central New York.
Haledyne LLC announced its move to Syracuse's Technology Garden this morning, relocating from a Cleveland suburb.
A startup company with four employees, Haledyne has developed technology that it hopes will be used to clean air in hospitals across the country. If the technology works, the company plans to hire nearly 100 in three to five years as it begins production in Onondaga County.
CenterState CEO President Robert Simpson noted the collaborative effort it took to bring the promising company to Syracuse.
"We probably have more speakers up here than employees in the company we're introducing today," Simpson said at the announcement.
Indeed, eight speakers from state agencies and the Syracuse Center of Excellence, as well as Syracuse University, St. Joseph's Hospital Health Center, National Grid and county economic development spoke repeatedly about how Haledyne fit the mold of the type of company people wanted in Syracuse.
The new technology is being tested at St. Joseph's Hospital Heath Center. The company has partnered with SU and other local universities for research and learning. National Grid has thrown support into it, hoping it will reduce energy costs at hospitals.
And the state has provided resources and tax incentives. The company will get a $250,000 grant from the Empire State Development Corp., research funding from the New York State Energy Research and Development Authority and Empire Zone status in the Tech Garden.
The Empire Zone status means tax credits for 10 years and $2,500 each year for every new hire for five years, said Kim Hall, of the Onondaga County Economic Development Office.