Cablecraft looks to expand

May 18th, 2016

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May 18, 2016

Cablecraft looks to expand

New Haven facility could add two or three' new jobs

Rosa Salter Rodriguez |The Journal Gazette

A company with a long history in New Haven is seeking a tax abatement so it can install new and additional machinery and equipment.

Cablecraft Motion Controls LLC, formerly known as Superior Linkage and Tuthill Linkage, plans to place $1.1 million in equipment at its property at 2110 Summit St., some transferred from other plants.

Brian Yoh, New Haven director of planning and economic development, said the abatement will allow the company to retain jobs and likely add “two or three” more.

“It’s stabilizing the existing business for us and helping enable a small expansion,” he said.

Cablecraft makes equipment that transfers motion from one component to another in vehicles and heavy equipment, such as rod ends, ball joints and mechanical linkage. Yoh said. Predecessor companies have been in New Haven since the 1960s, he said. 

According to its application, the company will retain 82 jobs with average salaries – depending on the employee classification – from $42,496 to $81,526. The new jobs would pay an average of $44,887. The new equipment’s value exceeds the value of the current equipment by about $400,000.

Yoh said the company also is requesting the creation of an economic revitalization area for its property. The property is not dilapidated, he said; the designation is a formality for the tax abatement.

A public hearing on the economic revitalization area is scheduled for 7 p.m. May 24 in the City Council meeting room at the New Haven Administration Building, 815 E. Lincoln Highway.