Business & Tech

Hauppauge Company Receives State Funding to Stay on LI

GDE Dynamics considered expanding South, but funding helped create 566 new local jobs.

Hauppauge-based GSE Dynamics, which serves the U.S. Department of Defense planned to expand its operations in South Carolina or Georgia, but funding from Empire State Development helped keep those jobs on Long Island.  

GSE Dynamics, an industry leader in complex assembly, advanced composites technology, metal fabrication and support processes first saw the need to expand in 2010 after it received two defense contracts from the U.S. Air Force.

In order to retain existing jobs, and execute a planned growth strategy, the company planned to acquire additional factory space, invest in new machinery and equipment, and streamline its manufacturing process. GSE considered expanding its operations in South Carolina or Georgia; however, with the support of a grant of up to $250,000 from Empire State Development, the company was able to maintain its Long Island presence, according to a press release by Empire State Development’s Board of Directors.

GSE will consolidate and relocate two of its existing operations (one located in Georgia, and one in Hauppauge) into one new facility in Hauppauge. The $1.75 million project will result in 10 new jobs and retain 48 existing employees. The relocation from the Georgia facility is expected to be complete this summer.

In total, Empire State Development approved $13.8 million in funding to support the creation of 566 new jobs and retention of nearly 3,500 existing jobs in New York State. The funding will leverage over $506 million in investments across the state.  

“Under Governor Cuomo’s leadership, companies are continuing to choose New York as the place to invest and grow their business,” said Empire State Development President, CEO and Commissioner Kenneth Adams in a press statement. “ESD will continue to partner with companies – no matter how big or small – to help them create jobs and drive our economy forward. Today’s board actions demonstrate these partnerships are already resulting in new jobs for New Yorkers and new investments in New York.”


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