Nov 08, 2021

Clothing firm plans $33.7 million expansion, wins $2 million in tax aid

A manufacturer of sweatshirts, caps, jackets and blankets emblazoned with the logos of college sports teams, vacation resorts and the U.S. military hopes to double its space in Bay Shore and add 50 jobs, officials said.

David Peyser Sportswear Inc. wants to purchase a 167,730-square-foot building at 100 Spence St., which is adjacent to its two existing facilities. The third building would cost $33.7 million to acquire and renovate, executives said.

“One of the challenges we are facing is space,” said Josh Peyser, president of the company’s MV Sport division, which is based in Bay Shore.

“In order to meet the growing demand for our products, we have fully utilized all of our current space…We need more room for decorating equipment, silk-screening equipment and warehousing,” he told a meeting of the Suffolk County Industrial Development Agency.

Peyser and other company executives said they want to expand in Bay Shore but also have an operation in Alabama, where rents, taxes and wages are lower. They estimated they would save more than $11 million over five years with a second building in Alabama.

Read more at Newsday…