Congrats to the Stannard Group and Chautauqua County Industrial Development

Tim Asinger

Friday May 31, 2019

 Loan, PILOT Approved For
Relocation Of City Businesses

DW at CCIDA 052919Dean Weaver of the Stannard Group Inc. discusses the business plans to build a new facility
in the Mason Industrial Park in the town of Ellicott with the Chautauqua County Industrial
Development Agency Tuesday. P-J photo by Dennis Phillips


Instead of having three different business locations, a local company will
be building a new facility in the Mason Industrial Park that will house all of its assets under one
roof.

 On Tuesday, Dean Weaver of The Stannard Group Inc. spoke with the Chautauqua County Industrial
Development Agency board about how his company wants to build a new facility for Weaver Materiel
Services and Naco Express. Weaver said the business is currently using three locations, which
includes leasing space from Artone, owning a building at 204 Fourth St. and at 850 Allen St.

Mark Geise, deputy Chautauqua County executive for economic development, said Weaver had been
looking for a couple years for space to house all of the company’s assets, but finally decided the
best option was to build a new facility in the town of Ellicott. He said the building will be
26,000 square feet and is a $2.885 million project.

To help facilitate the construction of the new building, Geise said the IDA will be offering a
15-year payment in lieu of taxes agreement; sales and mortgage tax abatement; and a $500,000 Al
Tech Revolving Loan for the project. Geise said Weaver’s company will save $924,000 from the IDA
benefits, but will have more than a $50 million economic impact on the local community during the
next 15 years by keeping the business in the county.

Geise said 36 jobs will be retained and three new ones will be created once the new building has
been constructed. Weaver said if everything is approved, construction on the new facility could
start in June, with an estimated build time of nine months. He said Kessel Construction of
Bradford, Pa., will be leading the new building project that will be located along Industry Drive
in the Mason Industrial Park in the town of Ellicott.

Weaver said he wants to sell the two buildings he owns, with one verbal agreement already being
made on the Naco location along Allen Street. He said that the company could had potentially
located to near Pittsburgh,
Pa., where his son, Drew, lives, but he wanted to keep the company in the area. He added he wanted
to stay along Allen Street where the business has a lot of customers.

Also, he wanted stay near Interstate 86.

Weaver Materiel Services was started by his grandfather, Fred Weaver, in 1944, which moved to
Jamestown in 1952, Weaver said. He said the business bought its Fourth Street location in 1986 and
purchased Naco in 2014.

 Excerpt from Jamestown Post Journal

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