Summary

Paychex, Inc. and Subsidiaries (Paychex), founded in 1971, is a provider of payroll, human resource, retirement, insurance, and employee benefits to businesses of all sizes throughout the US, Germany and Brazil. Headquartered in Monroe County, Paychex is proposing to expand operations in the Town of Henrietta. The $51 million project will include the purchase of 5 buildings and the leasing 1 building, and includes renovating and equipping the properties. The company has more than 100 locations nationwide, and considered various out-of-state locations for this expansion. The project will impact 769 FTEs and is projected to create 375 new FTEs over the next three years. The applicant is seeking approval of a 20-year property tax abatement and a sales tax exemption. The job creation requirement is 77 FTE. The Benefit/Incentive ratio is 5.2:1.

Applicant
Paychex, Inc. and Subsidiaries
911 Panorama Trail South
Rochester, NY 14625
Project Address
911 Panorama Trail South
Rochester, NY 14625
Project Amount
$51,604,000 - Lease/Leaseback with Abatement
Jobs
Existing: 769
New: 375
Requirement: 77

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