According to a corporate announcement, the company will be eligible to apply for up to $200,000 in funds for machinery and equipment upgrades through the state’s Manufacturing Assistance Program. Additionally, Syracuse Label was awarded $16,700 in September 2006 to conduct a Productivity Improvement Project through the Industrial Effectiveness Program.
The Manufacturing Assistance Program, administered by the Empire State Development Corp., encourages New York State businesses employing 50 to 1,000 workers to retain manufacturing jobs by investing in projects that will significantly increase the productivity and competitiveness of their operations.
Syracuse Label manufactures pressure sensitive labels and flexible packaging used in commercial and industrial markets for product identification. The company specializes in labels and packaging for the food and beverage, pharmaceutical and cosmetic industries.