ALBANY, NY-Governor Andrew Cuomo has announced that ADP will establish a new 'Innovation Lab' in New York City. The project will retain 22 existing jobs in New York and create an additional 110 jobs, including software developers and data scientists. Additionally, in order to secure the support of the New York City Regional Economic Development Council, ADP has agreed to participate in an internship and work experience program such as 'Pathways in Technology Early College High School,' or an analogous program that is consistent with the company's staffing and internship plans.
"ADP's decision to establish its Innovation Lab in New York City is a win-win for the community," says Governor Andrew Cuomo. "Not only is the company investing in a new facility in New York City and creating more than 100 new, good paying jobs for New Yorkers, ADP will also participate in an internship and work experience program that will help prepare New York students for careers in the growing STEM fields. Under these kinds of partnerships, the State is transforming the way we grow the economy and giving our students the education they need to succeed beyond the classroom."
"Empire State Development and the city of New York have been great partners in helping us get our new Innovation Lab off the ground," says Mike Capone, corporate vice president of product development and CIO at ADP. "Our goal for this facility is to have highly specialized and creative teams focused on quickly incubating and delivering capabilities that will dramatically increase the value of our HCM platforms for clients."
ADP plans to establish a 25,000 square-foot software development facility in New York City. While considering project locations the company sought assistance from Empire State Development to mitigate costs and make the project feasible in New York City, instead of going out-of-state.
ESD has offered the company $2 million in performance-based tax credits through the Excelsior Jobs Program, which are directly tied to job creation and investment commitments. In return, ADP Technology Services will make more than $11.5 million in capital investments to establish the new operations and create 100 new jobs while retaining 22 existing positions, and the company estimates research and development expenditures at the new facility will reach approximately $10 million annually.
Empire State Development president, CEO and commissioner Kenneth Adams says, "ADP is the latest example of an industry leading company choosing to invest and create new jobs and economic opportunities in New York. Not only is ADP investing millions of dollars and creating more than 100 new jobs, but it is being a model corporate citizen by committing to working with our schools to put the next generation of students on the path to attaining good jobs and a bright future."
In addition to the company's investment in new operations, ADP has committed to participate in an internship and work experience program such as 'Pathways in Technology Early College High School' to encourage the best and brightest students to pursue STEM college degrees and build their careers in New York.
Senator Brad Hoylman says, "It's crucial to the state and city economy that we continue to develop the new knowledge-based jobs that ADP will provide. It's also gratifying to learn of ADP's planned commitment to local schools through the P-TECH program and the opportunities for STEM education through SUNY and CUNY."
Assembly Member Richard Gottfried adds, "It's great to see technology investment growing in New York—especially when a company partners with a program like P-Tech. ADP's commitment to New York is good for New Yorkers, it's good for business, and, through internship and work experience programs, it's good for our future."
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
