Mayor Barlow Announces LeRoi, Inc re-locating to Oswego with 50 jobs
City of Oswego Mayor Billy Barlow announced LeRoi, Inc, a jewelry manufacturing company is re-locating from the City of Fulton to the City of Oswego. LeRoi, Inc will bring forty existing jobs to the City of Oswego and will create an additional ten positions within one year. LeRoi, Inc will move into an existing building at 212 West Second Street in downtown Oswego. The re-location was incentivized by the City of Oswego offering a $130,000 grant from program income through the NYS Community Development Block Grant program administered and managed by the City’s Office of Economic Development.
“I am very excited to welcome LeRoi, Inc to the Oswego community as they move their operations and existing personnel into the City of Oswego. Bringing more jobs to the City of Oswego is very important to stimulating the local economy and providing employment opportunities to City residents,” said Mayor Barlow. “The $130,000 to incentivize LeRoi, Inc will certainly give a boost to our community as we move jobs into the City of Oswego and will create even more in the upcoming year. I am thrilled to partner with Terry LeRoy and his team at LeRoi, Inc to make this project happen and look forward to seeing the positive outcomes this move, and the additional jobs in the City of Oswego will have on our economy, particularly in our downtown,” Barlow said.
“We are honored and proud to be working with Mayor Barlow and we are so thrilled to be moving our operations back into the City of Oswego. As a lifetime resident of Oswego County, it has special meaning to me. We will be bringing our existing 40 jobs into the community and are looking forward to adding additional jobs in the coming months ahead, said Terry LeRoy, President & CEO of LeRoi, Inc. “After 24 successful years in business, this new location will give us the much needed space to continue to expand our ever-growing Jewelry business. “ LeRoi, Inc would like to thank Mayor Barlow, Tom Schneider (Pathfinder Bank) and William Galloway (Century 21 Galloway Realty) for their support and enthusiasm for this next chapter of LeRoi and warm welcome back to the community,” LeRoy concluded.
LeRoi, Inc is expected to close on the building by the end of the year and plans to begin moving their operation from Fulton by April 2019. The $130,000 grant from the City of Oswego will be applied towards the purchase of the new facility in Oswego.