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What you need to know for 01/20/2017

Tent-maker plans move to Halfmoon, expand

Tent-maker plans move to Halfmoon, expand

A maker of big tents for large gatherings ranging from weddings to presidential inaugurals is lookin

A maker of big tents for large gatherings ranging from weddings to presidential inaugurals is looking to expand, move its operations from Stillwater to Halfmoon and increase jobs.

Fred’s Studio Tents and Canopies would move from a 20,000-square-foot building in Stillwater into an 80,000-square-foot former warehouse on Hudson River Road in Halfmoon.

The company is asking the Saratoga County Industrial Development Agency for about $27,000 in job-creation incentives, including sales and mortgage tax exemptions and a 10-year freeze on the new property’s assessment.

Fred’s Tents currently employs 37 people and would be looking to go to 50 within three years if the move takes place.

“It’s an expansion project, but more important it’s a retention project, because they had the opportunity to go elsewhere,” said James Angus, vice president of the Saratoga Economic Development Corp.

The tentmaker has an offer to relocate to Montgomery County, Angus said.

The company, which was founded 28 years ago by Fred Tracy, does most of its business in the Northeast, but ships tents nationally and internationally. It makes the kinds of large tents seen at fairs and other events where large numbers of people need temporary shelter, including events at Saratoga Race Course. It has also provided tents during disaster relief operations.

Until now, the company has been based in Stillwater, most recently in its own building on routes 4 and 32 north of the village. Damn Good Foods of Stillwater, maker of Damn Good Jerky, is expected to move into that building.

“We’re out of room at the present location,” Tracy said.

The new location is the site of a former Yankee One Dollar warehouse in an industrial area. Tracy said the move would allow the company to bring metal-working and fabric operations under one roof.

The Halfmoon Town Board last week passed a resolution supporting the project.

“Halfmoon is in full support of Fred’s Tents relocating to Halfmoon,” said Councilwoman Daphne Jordan, chairwoman of the town’s economic development committee.

The IDA will hold a public hearing on Fred’s Tents’ application at 8 a.m. Monday, Sept. 8, at Halfmoon Town Hall.

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