Saratoga.com logo
Saratoga.com logo
  • Places to Stay
  • Things To Do
  • Food & Drink
  • Events
  • Businesses
  • Travel Guides
Saratoga Business Journal
  • Home
  • New Businesses
  • Business News
  • Business Reports
  • Business Briefs
  • Business Registrations
  • Personnel Briefs
  • Contact Us
Home  »  Business News  »  Manufacturing Plant In Mechanicville Is Set To Expand By 10,000 SF, Add Nine More Jobs
Business News

Manufacturing Plant In Mechanicville Is Set To Expand By 10,000 SF, Add Nine More Jobs

Posted onSeptember 8, 2016November 8, 2017
polyset-vc.jpg
Rajat Ghoshal of Polyset says the company plans to expand its warehouse space.

©2016 Saratoga Photographer.com

By Maureen Werther

Polyset, a designer and manufacturer of protective coatings, resins and filtration adhesives, is preparing to expand its operations in the coming year.

A manufacturer of polyurethane adhesives, elastomers and foam systems for the air filtration industry for more than 30 years, the Mechanicville-based company has continued to diversify and expand its market share over the past three decades.

Under the leadership of its partners and brothers Rajatat and Nil Ghoshal, the company has expanded into other markets. In addition to its strong presence in the air, liquid and water filtration industries, the marine, construction and petro-chemical industries constitute a large and growing share of their business.

The company has been ISO 9001-certified since 2008 and is also a certified Minority Business Enterprise (MBE) in New York state.

The company was started by the Ghoshals' father and his business partner 36 years ago in a garage in Round Lake. Both men had been employed by General Electric Co. as engineers before venturing out on their own. Rajatat joined Polyset 14 years ago, after his father's partner retired. A graduate of RPI, he started out as a production engineer in the company's micro-electronic adhesives operation.

Nil joined the company nine years ago, after earning his MBA. He manages business development and marketing for the company.

Currently, Polyset employs 37 people in its 55,000-square-foot manufacturing and administrative facility at 65 Hudson Ave. in Mechanicville.

The company is looking to add warehouse space in order to increase their inventory levels to accommodate the growing needs of their customers.

"We would like to add an additional 10,000 square feet to our existing space," said Rajat. They have already received bids for the work, but they have not made any final decisions or awarded any contracts.

In July, Polyset applied for an Empire State Development grant for $250,000 to help finance the expansion. This amount represents 20 percent of the company's $1.25 million expansion budget, according to Rajat.

The company expects to hear a decision on the grant application by December and, if all goes well, they hope to break ground sometime in the Spring of 2017.

"We are proud of our commitment to job creation, and we hope we can add six more production staff, two lab personnel and one additional office person as part of our expansion efforts," said Rajat.

Previous Article Business Briefs: September 2016a
Next Article Sage Wine & Spirits Owner Enjoys Educating Customers About Locally Produced Products
Subscribe to Our Newsletter
View the Latest Virtual Edition

Categories

  • 50-Plus
  • Banking
  • Banking / Asset Managment
  • Building Trades
  • Business Briefs
  • Business News
  • Business Registrations
  • Business Reports
  • Commercial / Residential Real Estate
  • Community Services
  • Construction
  • Construction Planning
  • Corporate Tax / Business Planning
  • Cyber / Tech
  • Dining Guide
  • Economic Development
  • Economic Outlook 2016
  • Economic Outlook 2017
  • Economic Outlook 2018
  • Economic Outlook 2019
  • Economic Outlook 2020
  • Economic Outlook 2022
  • Economic Outlook 2023
  • Education/ Training/ Personal Development
  • Entrepreneurial Women
  • Entrepreneurship
  • Environment / Development
  • Financial Planning / Investments
  • Fitness / Nutrition
  • Health / Community Services
  • Health & Fitness
  • Health & Wellness
  • Healthcare
  • Holiday Guide
  • Holiday Shopping
  • Home / Energy
  • Home / Insurance
  • Home & Real Esate
  • Insurance / Employee Benefits
  • Insurance / Medical Services
  • Legal / Accounting
  • Meet The Chef
  • New Businesses
  • Non-Profit
  • Office / Computer / New Media
  • Office / HR / Employment
  • Office/ Technology/ E-Commerce
  • Outlook 2021
  • Personnel Briefs
  • Retirement Planning
  • Senior Living / Retirement
  • Summer Construction
  • Uncategorized
  • Wellness
  • Women In Business
  • Workplace / Security / Legal
  • Year-End Tax Planning

Archives

  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
Connect With Us

Follow, like and subscribe to Saratoga.com on social media

Account Sign In Submit An Event
Saratoga.com logo
  • Home
  • Places To Stay
  • Things To Do
  • Food & Drink
  • Events
  • Real Estate
  • Businesses
  • Guides
  • Contact Us
  • Blogs
  • Sweepstakes
  • Advertising
Visit Saratoga.com For Everything Saratoga
Full-Service Internet Marketing: Search Engine Optimization, Website Design and Development by Mannix Marketing, Inc.
Mannix Marketing, Inc. is headquartered near Saratoga Springs in Glens Falls, New York
Saratoga.com All Rights Reserved © 2023
Disclaimer & Privacy Policy / Terms of Use / Copyright Policies

We strive to insure accuracy on Saratoga.com however accuracy cannot be guaranteed. Information is subject to change.
Please alert us if there is any inaccurate information here.

Having trouble using this site? Accessibility is our goal, please contact us with site improvements.