Last week, Gov. Cuomo announced that Modern Marketing Concepts, a marketing, technology, sales and fulfillment services company, is expanding its operations and workforce in Binghamton. The company expects to create nearly 600 new jobs over the next five years, in addition to its 310 existing jobs.

Gov. Cuomo said:

“This expansion project is another step forward for the local community, and it is one that will help Binghamton and the surrounding areas become the kinds of places where our young people come and stay to find their future in the new economy.”

The state is providing the company a $5 million capital grant and $800,000 in Excelsior Jobs Program tax credits, which depend on the company meeting its job creation targets. The company will also receive a $5 million loan from the state’s Job Development Authority, to assist to assist with prop0erty acquisition and redevelopment.