SIDNEY – Governor Cuomo announced yesterday that Amphenol will stay in Delaware County.

The manufacturer’s facility on Delaware Avenue in Sidney was severely impacted by flooding and tropical storm events in 2006 and again this past summer and fall, leading executives to consider moving to alternative sites in the tri-county area or outside New York State.

The company will receive a business assistance and retention package of approximately $20 million from the state to help relocate its operations from its current facility in Sidney to a new site one mile west. Amphenol Group Human Resources Director Maria Morgan said the remaining funds for the building project would come from Amphenol. The company’s plating operations will remain at the existing building.

The move will save over 1,000 local jobs; about 300 of which are held by Chenango County residents.

“We’ve been in Sidney for 85 years. A new factory in a high and dry location represents the best solution for our customers by both relieving the flood risk and by preserving decades of industry knowledge and expertise. We have a lot of expertise and knowledge in our employees,” Morgan said.