Hickey Freeman is staffing up in Rochester, N.Y.
New York Gov. Andrew M. Cuomo said Wednesday that Luxury Men’s Apparel Group, the parent of Hickey Freeman, has committed to creating up to 80 jobs over the next three years at its factory in the upstate city. LMAG has also said it would retain the current 420 positions in the factory.
“Hickey Freeman has been a fixture of Rochester’s business and manufacturing community for generations, and this investment will ensure it remains part of the city’s economic fabric for decades to come,” Cuomo said. “We are proud to support the expansion of this iconic Rochester company, creating quality jobs for hardworking residents and moving the Finger Lakes forward.”
The announcement was made in Rochester by Lt. Gov. Kathy Hochul. In exchange for the investment, New York State will provide $4 million through a Finger Lakes Forward Upstate Revitalization Initiative convertible loan. The factory is in the process of upgrading its facility, a project that is expected to be completed by the end of this year and cost $8.2 million.
Stephen Granovsky, chairman and chief executive officer of LMAG, said, “This year Hickey Freeman turns 120…we intend to re-engineer this factory enabling our clothing to be manufactured for new distribution channels, new price points, new brands and even for new categories. In fact, today we are announcing that by the summer we intend to begin manufacturing dress shirts in Rochester, adding some 20 jobs immediately.”
In December 2018, U.S. Sen. Charles E. Schumer further assisted Hickey by ensuring that the bipartisan Farm Bill Conference Report included a fully funded extension of the Wool Trust Fund program through 2023. The program, which provides Hickey with up to $3 million a year in tariff relief, is crucial in keeping costs commensurate with overseas competitors.
Schumer said that extending the Wool Trust Fund, which was set to expire at the end of this year, “would have eliminated up to $3 million a year that the company counts on to offset an anti-competitive federal tariff on imported raw wool.”
Founded in 1899, the men’s suit manufacturer has been operating at its current North Clinton Street facility in Rochester since 1912.