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BROOKHAVEN INDUSTRIAL DEVELOPMENT AGENCY APPROVES INCENTIVES FOR MOVE OF TWO RONKONKOMA BUSINESSES

09/09/17

FARMINGVILLE, NY (Sept. 9, 2016) – Frederick C. Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), announced that the agency has closed on an economic assistance package that will allow two Ronkonkoma businesses to relocate to a 25,000 square foot building in Yaphank.

The IDA’s incentive package to family-owned Four Keys Realty LLC will allow the company to build a 25,000-square-foot building on vacant land on the northeast corner of Zorn Blvd and Horseblock Road that will house United Fence and Guard Rail Corp. and Master-Halco Inc., both now in Ronkonkoma. The building will include 5,000 square feet of office space and 20,000 square feet of warehouse space for the companies.

The $5.3 million project, which the company said could not be undertaken without the IDA’s assistance is expected to result in the creation of 13 additional full-time jobs; total employment at both businesses totals 48. The project will also create 17 construction jobs.

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