X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ORANGEBURG-Olympus Industrial America Inc., a distributor and servicer of specialized industrial optical equipment and medical products, plans to increase its presence in Rockland County at a new corporate headquarters building here.

The company plans to relocate from its current offices at 400 Airport Executive Park in Nanuet to property in Orangeburg by Jan. 2003, according to company officials. Olympus Industrial America, a wholly owned subsidiary of KeyMed Group, part of the Olympus Optical Company of Japan, plans to build a new 65,000 sf headquarters building at the corner of Corporate Drive and Blaisdell Road.

“As part of the worldwide restructure announced by Olympus in April 2001, KeyMed became responsible for the U.S. industrial business which offers significant growth potential,” says Mike Batty, head of facilities for the KeyMed Group, who is responsible for the design and construction of the new facility in Orangeburg. “With our strong customer oriented focus which includes seminars, training and VIP visitors, it is essential to acquire a facility that fully reflects our commitment to the industrial business. Without a facility available to meet our exacting specifications, we acquired the site in Orangeburg to design and build a superb corporate headquarters.”

Officials with the Rockland County Industrial Development Agency say that Olympus Industrial America is building its new headquarters property under a direct lease agreement with the Rockland IDA. The company has already created 45 jobs since April in relation to its expansion in Rockland County and plans to add another 15 positions in 2002.

Olympus is also eligible to receive a 10% discount on electric rates provided by Orange and Rockland Utilities, Inc., under the New York Economic Development Rate program, according to officials with the Rockland County Economic Development Corp., which also assisted Olympus in its expansion and relocation efforts.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.