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Project Name

Derrick Corporation

Address

585 Duke Road
Cheektowaga
New York
14225

Project Details

Since 1981 when IDA assisted Derrick with its first expansion project, the company has made repeated investments in the Cheektowaga plant.

 IDA records indicate that  in 1990 the company had approximately 200 employees.  Today that number exceeds 470.

In 2006, Derrick constructed a 10,000 sq. ft. building to house its research activities.  Continued growth and a demand for enhanced project innovation have created the need for additional space.

The company is proposing to construct a 5,500 sq. ft. expansion to  its existing research center which will allow for enhanced equipment testing to be completed at the site.

The project falls on the heels of an approval in mid-2014 for the construction of a 31,250 sq. ft. addition which is allowing a doubling of the company's office space.

 

Status Details

1/28/2015 - $1,150,000 Lease/leaseback Inducement Resolution  approved by ECIDA Board of directors