FALA Technoligies Toolmaker Equipment Capital

Funding provided by this grant will enable FALA Technologies (FALA) to purchase computerized, high-tech manufacturing equipment that will: 1) improve the work efficiency of FALA’s Master Craftsman; and 2) provide equipment work stations for FALA’s NYS certified Toolmaker Apprenticeship Program. This initial investment in equipment is part of a larger, comprehensive Next-Generation Manufacturing Workforce Pathway; plan for FALA and for Hudson Valley high-tech advanced manufacturers that was presented to Mid-Hudson ESD in March 2018. The equipment is ready to be purchased by FALA for installation at our Kingston, NY facility in 2019 and 2020. This grant will provide two (2) Toolmaker Apprentices and three (3) FALA Master Craftsman with equipment to build custom machinery and advanced products for FALA’s semiconductor, transportation, military, advanced energy and industrial products customers.[/div] [br /][br /] [div]This grant’s equipment funding with help FALA improve manufacturing efficiencies and help train the next-generation high skilled manufacturing workforce to retain the jobs of FALA’s retiring staff.[/div]
Program Name:
Empire State Development Grant Funds
Agency ID:
ESD
Applicant Name:
FALA Technologies Inc
Region:
Mid-Hudson
CFA Number:
84604
Round Number:
8
Round Key:
8
CFA Award Amount:
$30,000
Grant Money Disbursed to Date:
$0

Project Status:
Green
Anticipated Completion Date:
Contract Executed:
 
PROJECT STATUSES
Blue - Complete Green - On Schedule Yellow - Progressing Slowly Red - Concerns Pending Orange - Contract Not Executed Black - Cancelled/Declined