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Pearl Technologies in Wayne County planning to expand

Pearl Technologies, a Wayne County business located in Savannah, has announced a $2 million expansion.

The business will be renovating and upgrading its Seneca Street headquarters and manufacturing facilities to produce industrial knives.

By adding the industrial knife production it can replace the manufacturing that currently happens overseas.

The company is expected to add 20 jobs and retain the 40 jobs it already has. The business currently builds high-speed machines attachments for punching holes, perforating and slitting.

The company is being assisted by Empire State Development with $200,000 in Excelsior Tax Credits and the projected is expected to be finished by the first quarter of next year.

Categories: BusinessNews