Crosman Corp.

Project Title: Crosman Corp. Retention/Insourcing Project

Project Location: Town of East Bloomfield, Ontario County

Project Investment: $1.21 million

Jobs Created or Retained: 50 at-risk jobs retained, including 30 low-to-moderate positions

Competitive Locations: China

Project Description: In early 2010, Crosman Corp., a manufacturer and distributor of recreational airguns and related products, announced it was investing $1.21 million into its East Bloomfield facility in Ontario County in order to insource production from China and manufacture products with new composition requirements within the U.S. Domestic production was key.

Project Need, Local: Ontario County Economic Development Corp., which manages the County’s Revolving Loan Fund, approved a $110,000 loan to Crosman for this project.

Project Need, State: The New York State Division of Housing and Community Renewal (DHCR) approved a $240,000 community development block grant to support the company with this project. In addition, Empire State Development Corp. (ESDC) approved a $240,000 loan to Crosman as part of ESDC’s Regional Blueprint Fund.