Business & Tech
Company's Move to Port Washington to Create 20 New Job Opportunities
The nationwide hat distributor is moving its headquarters from New Jersey to Port Washington.
Photo: The new location of K&B imports.
A New Jersey-based company’s move to Port Washington is expected to bring 20 new jobs to the area, local officials announced Tuesday.
The county’s economic development compact with Kim & Bae Trading Corp, an importer and distributor of hats and caps, will assist the company with buying and renovating a 33,000-square-foot industrial building, located at 45 Seaview Boulevard.
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K&B imports and distributes fitted caps, beanies and various hats across the country under the KB Ethos label.
The $4.8 million project is projected to produce benefits of more than $25 million over the duration of the compact, according to Nassau County Executive Edward P. Mangano.
Find out what's happening in Port Washingtonfor free with the latest updates from Patch.
The project will create up to 10 full-time equivalent construction jobs during a six-month renovation and will produce a net tax benefit of $195,736, county officials said.
Image via Google Maps
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