February 20, 2019 12:53 PM
ROCHESTER, N.Y. (WHEC) -- Hickey Freeman has announced its commitment to staying in the Rochester area and plans to add new jobs in doing so.
The clothing manufacturer is expected to create up to 80 new jobs over the next three years.
Stephen Granovsky, Chairman and CEO of Luxury Men's Apparel Group, the parent company of Hickey Freeman, said the company is launching an $8 million recapitalization plan that will allow the company to add the new jobs, new brand lines, and new price points.
"In fact, today we are announcing that by the summer we intend to begin manufacturing dress shirts in Rochester, adding some 20 jobs immediately," Granovsky said.
Monroe County Executive Cheryl Dinolfo said she is offering workforce development programs to help the company bring on skilled employees as it adds more local workers.
"Monroe County is offering the full support of our unique workforce development programs, like LadderzUp and Recruiting on the Road, to help the company hire skilled employees as it adds more local jobs," Dinolfo said. "I thank Hickey Freeman for their continued commitment to doing business in Monroe County and I wish them the best as they begin this latest chapter in a great local success story."
“Hickey Freeman is a New York icon, and today I couldn’t be more excited to stand alongside my fellow elected officials from New York State to announce that thanks to our work at every level of government, Rochester’s 120-year-old storied institution is set up for an even longer and brighter future with new production, new products, and most importantly, up to 80 new jobs," Sen. Chuck Schumer said.
To facilitate the plan, New York state is providing $4 million through a Finger Lakes Forward Upstate Revitalization Initiative convertible loan in exchange for the job creation commitment.
Upgrades at the factory on North Clinton Avenue location are already underway and are expected to be completed by the end of 2019 with an estimated total project cost of $8.2 million.
Updated: February 20, 2019 12:53 PM
Created: February 20, 2019 12:02 PM
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