Company to Invest More Than $37 Million in Purchase, NY Facility and Create 100 Jobs
PURCHASE, NY — September 5, 2019 — Empire State Development (ESD) today announced that Atlas Air Worldwide, a leading global provider of innovative, outsourced aviation services, will expand its facility and create 100 new, high-paying jobs at its global headquarters in Purchase, Westchester County, New York. The company will invest $37.5 million over the next five years for a renewal and extension of its corporate headquarters lease, buildout, and equipment. The company will retain the 568 jobs currently housed at the facility.
Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, “Companies are choosing to stay and foster growth in New York thanks to the state’s skilled workforce, favorable economic environment and robust business assistance programs, and Atlas Air’s expansion will bring 100 new jobs to the Mid-Hudson region while maintaining a thriving headquarters in Purchase.”
To encourage Atlas Air Worldwide to expand and create jobs in Westchester, Empire State Development would provide up to $5 million in Excelsior Jobs Program tax credits, which are directly tied to job creation. The jobs created will be in flight operations, as well as roles in finance, safety, ground operations, procurement, systems operations, human resources, and security.
“New York is our home and we are excited to strengthen our ties and expand our company in this dynamic, thriving state,” said William J. Flynn, Chairman and Chief Executive Officer of Atlas Air Worldwide. “We will continue to grow our team of talented, world-class, customer-focused employees in New York and throughout our global network.”
Atlas Air Worldwide is a cargo airline, passenger charter airline, and aircraft lessor. The company maintains a fleet of 747s, 777s, 767s, and 737s and operates a 24-hour global control center. The company is headquartered in Purchase and maintains operations centers near the Cincinnati/Northern Kentucky International Airport, in Anchorage, Alaska, and Hong Kong; a training center in Miami, Florida; and key logistics centers around the world, including John F. Kennedy International Airport in New York, to support its global network.
State Senator Shelley B. Mayer said, “I am pleased that a major employer in our community, Atlas Air Worldwide, has been selected for tax credits through the Excelsior Jobs Program in order to retain current jobs, and add future positions. When the Legislature authorizes and funds these programs, we expect that they will result in job growth in good paying jobs in our communities. Through the investment announced today, that goal will be furthered.”
“It is gratifying to see Atlas reinvesting in their headquarters in Purchase and preserving over 500 jobs there,” said State Assemblyman David Buchwald (D-White Plains). “Like a number of Westchester employers, Atlas plays a major role in the global economy, helping to secure our region’s economic future.”
About Empire State Development
Empire State Development (ESD) is New York’s chief economic development agency (www.esd.ny.gov). The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing Governor Cuomo’s Regional Economic Development Councils and the marketing of “I LOVE NEW YORK,” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.
About Atlas Air Worldwide
Atlas Air Worldwide is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc., Southern Air Holdings, Inc. and Titan Aviation Holdings, Inc., and is the majority shareholder of Polar Air Cargo Worldwide, Inc. Our companies operate the world’s largest fleet of 747 freighter aircraft and provide customers the broadest array of Boeing 747, 777, 767, 757 and 737 aircraft for domestic, regional and international cargo and passenger operations.