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Industrial Development Agency (IDA) & Local Development Corporation (LDC)

The Colonie IDA and LDC have supported more than $450 million in project investments in the Town of Colonie, New York since 1990. Recent projects include:

The Ayco Company

$23.6 Million in Capital Investment
717 New Jobs Created
185 Jobs Retained

Afirm’s Sports Inc.

$10 Million in Capital Investment
51 New Jobs Created
4 Jobs Retained

Restaurant Depot

$8.5 Million in Capital Investment
42 New Jobs Created

Chris’ Coffee Service

$6.2 Million in Capital Investment
92 New Jobs Created

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