Arnoff Opens $11.6M Global Logistics Hub in Saratoga County
June 16, 2017
Project keeps the diversified moving company in New York,
and sets the stage for future expansion
MALTA, N.Y. â The relocation of Arnoff Moving & Storage and its primary subsidiary Arnoff Global Logistics is complete, as the fifth-generation family business formally celebrated the opening of its new Malta location this evening with a ribbon cutting and interactive tour.
âThis marks a watershed moment for our family business and sets the stage for the next generation of leadership to continue to grow the company,â said President Mike Arnoff. âThis new 40-acre site allows us room to expand. And given our current growth trajectory, itâs good that we have this extra space.â
Arnoff Moving & Storage invested $11.6 million at 10 Stonebreak Road, remodeling a 72,000-square-foot former auto supply factory and adding a 25,000-square-foot warehouse. The family business brings more than 50 existing jobs to Malta following its relocation from Albany, and has created 40 new positions. In addition, it is working to fill another 15 new openings.Â
âOur initial projections were to have just over 100 jobs on this site within three years,â said David Feldman, vice president of sales. âWeâre just cutting the ribbon and weâre already meeting those three-year projections. Itâs one more sign that weâre in growth mode.â
Founded in 1924, Arnoff Moving & Storage offers a range of services, from residential and commercial moving to logistics, storage, warehousing, packing and shipping. A reflection of the companyâs highly technical capabilities, Arnoff is certified to move cleanroom tools used in semiconductor research and manufacturing. The company also has extensive experience moving priceless antiques and fine art for both private collectors and museums.
Arnoff outgrew its current location at 991 Broadway in Albanyâs Warehouse District. The iconic property is known as âthe Nipper Building,â named for the 28-foot-tall RCA dog that sits on the roof. Arnoff sold 991 Broadway to a developer whose plans to convert the buildings into apartments are underway.
The move to Malta and the creation of a Global Logistics Hub represents the culmination of a strategic vision for Arnoff that will allow it to realize new efficiencies in its service of the Northeastern U.S. and Canadian markets. It also represents the future of the company.
Mike Arnoff is the fourth generation of Arnoffs to lead the family business. Succession plans for the fifth generation include his sons Dan and Craig, both currently Arnoff vice presidents, and his nephew, Nicolas, who manages Arnoff's entire fleet of trucks, trailers and forklifts. Meanwhile, Mikeâs wife, Lisa, is executive vice president and legal counsel. His father, Richard, is still involved in the business as chairman.
Welcoming the Arnoffs to Saratoga County, Dennis Brobston, president of Saratoga Economic Development Corp., said: âThe Arnoff project adds to our growing logistics hub. This is a vibrant, growing 5th-generation company that had a viable option of moving out of state. Their investment here is a vote of confidence in the upstate economy. Weâre excited we were able to keep these jobs in the state and happy that Arnoff sees the value in calling Saratoga County, New York home.â
Town of Malta Supervisor Vince DeLucia added: âWe are very excited to have a prestigious family-owned company such as Arnoff Moving & Storage relocate to Malta. Weâre looking forward to continue developing what has been a fruitful relationship with a company that has a proven track record as a good corporate citizen.â