A Suffolk County company that helps Walmart, Staples, Macy’s and other retailing chains maintain their stores is planning an $11 million expansion in Hauppauge.
Broadway National Group LLC wants to purchase and renovate 100 Davids Dr. for use as its headquarters. The company now operates from a smaller building in Ronkonkoma.
Last week, the Suffolk County Industrial Development Agency endorsed the project with $1 million in tax breaks, including $733,750 off property taxes or a 26.5 percent savings over 15 years.
In return, Broadway National pledged to add 50 people to the company’s workforce of 101 by 2020.
“Our business is growing so rapidly . . . and we really only see the future getting brighter,” said William E. Paparella, the company’s CEO and founder.
Broadway National’s revenue has climbed from $1.4 million in 2004 to a projected $48.3 million this year.
The privately-held company’s payroll has risen from 63 two years ago, according to documents given to the IDA. Records show that employees earn, on average,…
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