OWEGO, N.Y. (WETM-18) Lockheed Martin’s plant in Owego is expanding and will create new jobs on its campus.
The multi-million dollar construction project at the Manufacturing Center of Excellence began in January this year, and is schedule to be done by January 2015 at an estimated cost of $19.3 million. The expansion will create 130 news positions.
In November last year, the defense giant announced it planned to consolidate some plants around the country. As a result, some of the positions from the Akron, Ohio plant will have the option to transfer to Owego.
Lockheed Martin is also asking the Tioga County Industrial Development Agency for a two year sales tax exemption on $1.1 million on construction, equipment purchase and relocation.
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