Mekkatti Group Expansion

The Mekkatti Group, LLC is a Minority Owned Design and Print company based out of Mineola, LI. The company opened this facility June 20, 2014. The company is now ready to move to its next phase in expansion and looking at a site in Port Washington, NY. The company specializes in printing and design for the Pharmaceutical industry Currently the company has about 25 employees and will be expanding to an additional 70 employees within the next 3 years. In additional will be acquiring 7 million dollars worth of new Manufacturing equipment within the next 2 years. There many opportunities for job employment if the company plans on staying in New York, but the issues stands as what can New York offers us. The company generates a gross revenue of 3.2 million dollars per year, With this new expansion we have estimated revenue of 15 – 20 million dollars per yea
Program Name:
Excelsior Jobs Program
Agency ID:
ESD
Applicant Name:
The Mekkatti Group LLC
Region:
Long Island
CFA Number:
90208
Round Number:
9
Round Key:
9
CFA Award Amount:
$765,000
Grant Money Disbursed to Date:
$0

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