THALLE LAUNCHES STRATEGIC EXPANSION

I am pleased to announce that we have opened a new location, Dakota Concrete at 2099 Albany Post Road (Route 9A) in Montrose between Croton and Peekskill. This expansion enhances our ability to provide concrete and related products to customers in Westchester and Putnam counties. It also strengthens our competitive position in this market area.

The Dakota Concrete plant presents a natural extension of our business. We have already assumed handling all ready mix concrete orders and deliveries. Dakota Concrete customers can expect the same‑day ordering, delivery, and other options that Thalle is well known for.

In addition, we will be opening a Virtual Quarry at the Montrose location, making it convenient for area contractors to drop off used concrete, rock and blacktop for recycling. Available for purchase are sand, ¾ inch recycled stone, recycled item 4, and item 4 rock.

At Thalle, effective leadership includes constantly looking for business opportunities and growing the profitability of our company while improving the service to our customers, which is why we are adding this new location.

We are confident that this strategic move provides the opportunity to expand the concrete plant’s existing customer base, while providing new opportunities to employees for their growth and careers.

We are committed to working with our customers to ensure that we are providing the best quality products and services at competitive prices. Please stop by our new location to see firsthand our commitment to customer service, convenience—and the future!

I want to take this opportunity to thank our entire Thalle team. Working together, we can and will continue to move our company forward to assure a bright and prosperous future for all.

Sincerely,

Glenn Pacchiana President and Chief Executive Officer Thalle Industries, Inc.

Effective leadership means more than being in charge. It means listening to those around you and learning from past mistakes.

When the Yonkers Housing Authority decided to renovate 1,700 units of our affordable housing under the U.S. Housing and Urban Development’s Rental Assistance Demonstration (RAD) program, it required us to rethink our entire business model. It was a lot of work, but we were moving toward the future in a world that was changing. If we wanted to survive, even thrive we needed to embrace a public/private partnership to fund our buildings as the funding provided by HUD was not sustainable. In the process we created the Mulford Corporation.

The Mulford Corporation is a 501(c)(3) non-profit corporation that was formed to develop, manage and facilitate affordable housing in Yonkers. Since its establishment Mulford has either developed or co-developed over 1,700 units of affordable housing and has actively participated in the operation of over twenty-six affordable properties. In addition to its development related activities, Mulford works with local organizations to provide education, arts, and supportive services to our affordable community.

After renovating our existing housing under RAD, the Yonkers Housing Authority and Mulford were determined to build housing for the future that was safe and sustainable. Due to climate change, some of our renovated properties sustained weather related damage and we were determined to prevent this from happening again. We were also keenly aware that we needed to take up the cause of environmental justice and reverse some of the inequities our residents suffer because of past redlining practices that put them in neighborhoods where they are particularly vulnerable to extreme heat and flooding.

After much research we teamed up with Groundwork Hudson Valley to remediate our existing properties and decided to use Passive House, the leading standard in building performance. In October we broke ground on the LaMora Senior Housing Complex which will provide 60 energy-efficient and affordable apartments that will provide a safe housing environment for our seniors for years to come. The project is one of the few affordable modular designs using Passive House in New York State and in fact is on the cutting edge nationwide. A second Passive House development is currently being designed as the sixth phase of Ridgeway, our partnership with The Community Builders. And we are planning to partner with the City of Yonkers and Mayor Mike Spano to provide Passive House Affordable home ownership. The Yonkers Housing Authority together with the Mulford Corporation are building a greener, cleaner and more equitable future for all our residents.

Sincerely,

Wilson Kimball President, Mulford Corporation.

#4 Largest housing authority in NYS

100+ People on staff