BUFFALO, NY (WKBW) — A company called ReTech Systems LLC is going to move its headquarters from California to Buffalo's Northland Corridor.
It will also set up a research, development and manufacturing facility at 683 Northland Avenue.
The company makes high-tech titanium melting furnaces, which are sold globally.
This move is expected to create as many as 80 new jobs.
Buffalo Mayor Byron Brown says Northland Central will now be over 90% occupied.
The company was founded in 1963, and primarily works with the aerospace and medical industries.
ReTech's 10.5 year lease was approved during Tuesday's meeting of the Buffalo Urban Development Corporation.
"Retech Systems is very excited to be moving its headquarters to Buffalo. Our company has many customers on the east coast, and being in the Western New York area gives us the ability to provide excellent regional support to those customers," said Earl Good, ReTech Systems President and Managing Director. "This location also gives us the ability to build our staff with additional quality employees from the engineering and technology schools in the area."