CI Filing Systems plans to bring 80 jobs to the Town of Tonawanda as part of a $7.9 million project that will shift a portion of the New Jersey-based office products manufacturer’s production and warehouse operations to the Town of Tonawanda.
The company, which makes office products such as index tabs, file folders, file backs and legal dividers, plans to establish production and warehouse operations, now done in New Jersey, in a pair of buildings in the Town of Tonawanda.
CI Filing currently employs about 150 people at a factory and warehouse in Totowa, N.J., but the company’s lease there is costly, said a spokesman for the New York Power Authority, which agreed last month to provide low-cost hydropower to the company. CI Filing also sees “more favorable economic factors” in the Buffalo Niagara region, NYPA officials said.
In exchange for promising to create 80 jobs that will pay salary and benefits worth an average of just under $38,000 a year, the company will receive 1,210 kilowatts of low-cost electricity from the Power Authority.
The company also is eligible to receive up to $800,000 in tax credits under the state’s Excelsior Jobs Program if it meets its investment and job creation promises.
CI Filing plans to lease a facility at 1136 Military Road that will be used for manufacturing and to buy a nearby building at 860 Ontario St. that it will use as a warehouse and distribution facility.
The company plans to begin renovation and construction work on the buildings in January, with a goal of partially relocating equipment and machinery, such as printing presses and collating and binding machines, to the Town of Tonawanda complex by July.
CI Filing officials believe the expansion will allow it to increase the company’s sales by as much as 25 percent as the Town of Tonawanda complex ramps up. The company plans to have the local facilities running at full capacity by October 2018 with three shifts a day.
The company sells its products to retailers such as Home Depot, Victoria’s Secret, Simon & Schuster, Whole Foods and Walmart.