Gov. Pataki delivers grant to Rapid Response
By Derek Rice
Updated Thu February 12, 2004
February 12, 2004
SYRACUSE, N.Y. - New York Gov. George Pataki singled out Rapid Response Monitoring Services as a bright spot for job creation in an area of the state that has been hard-hit by bad news on the job front of late.
Rapid Response, which already employs hundreds of people in the Syracuse area, has announced plans to hire up to 200 more people in its new office within the next few years. The company, which flirted with moving its operations out of the state, decided instead to centralize its operations in Syracuse.
During a visit to the company last week, Gov. Pataki announced that the state would give Rapid Response a $400,000 grant to help offset the more than $5 million that the company will spend on equipment and renovations for the new office.
In addition to the grant, Rapid Response is eligible for a number of state tax credits under New York’s Empire Zone program. Last year, the state enhanced the program to create areas that are virtually free of state taxes as a means of attracting and retaining businesses.
According to company officials, the new office will more than double Rapid Response’s square footage from 15,000 to 40,000, and the new jobs will be mainly in operations, customer support, technical support, programming and accounting.
Rapid Response currently monitors more than 200,000 accounts from across the country.
For more on this story, see the March issue of Security Systems News.
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