NEWARK, NY -- IEC Electronics plans to invest more than $20 million in a 150,000 sq. ft. new electronics manufacturing services facility here, the company says.

The new plant, to be located in the Silver Hill Technology Park, will be two miles away from its current location. The existing company-owned plant in Newark is 235,000 sq ft. It also has sites in Rochester, NY, and New Mexico.

IEC could add more than 360 new jobs once the plant comes online, in mid-2019.

The company will invest $22 million in the new site, including monies paid by various grants. IEC is inline to receive more than $5.6 million for the project from state and local grants.

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