NY Governor visits Belden’s Syracuse facility, announces $2.4M in incentives

Belden last week welcomed New York Governor Kathy Hochul to its Syracuse, NY, facility where the governor announced $2.4 million in incentives and tax credits to expand fiber production at the company’s Central New York site. Syracuse is home to Belden’s primary Broadband Solutions location, operating under the PPC Broadband brand, where Hochul highlighted key programs in her 2024 New York state budget. The Governor also announced a flurry of economic and financial awards, including a $1.2 million Empire State Development grant for Belden and a $1.2 million Excelsior Jobs tax credit. Along with the economic incentives for Belden, Governor Hochul announced 18 additional recipients across New York State to receive a total of $15 million in financial awards through the Regional Economic Development Council initiative.