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The U.S. Chamber of Commerce hosted its first National Small Business Town Hall. If interested, click the link to watch the recorded webinar.

BROOKHAVEN IDA CLOSES ON INCENTIVES PACKAGE FOR NEW SHIRLEY PLANT FOR MANUFACTURER OF HIGH-TECH ROAD-MARKING MATERIALS

01/16/18

FARMINGVILLE, NY (Jan. 16, 2018) – Frederick C. Braun III, chairman of the Town of Brookhaven Industrial Development Agency (IDA), announced the agency has closed on a package of economic incentives for a company that plans to build a plant to supply advanced road marking materials in Shirley.

Regent Tek, a start-up business that is a certified Woman Owned Enterprise, plans to produce materials at the new plant using innovative thermoplastic formulas developed in Europe and specially formulated for northern climates. It plans to supply road-marking companies and transportation agencies north of Virginia and as far west as Illinois. The company had been operating from an office on Shelter Island.

The application by a Regent Tek real estate affiliate, Nicstenik LLC, was considered under the IDA’s adaptive re-use policy. The incentives package, approved at the IDA’s Sept. 20, 2017 meeting, closed on Nov. 30.

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