“Our Varick facility wouldn’t be where it is today without the help of the Seneca County IDA. Not only do they know the ins-and-outs of the area, but they partnered with us every step of the way to ensure our success.”
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The Blade Shop
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Hipshot Products, Inc.
Seneca County-based activities:Hipshot Products, Inc. was founded in 1982 when David Borisoff found himself in the shop more often than on-stage. With a wife and toddler, he knew that show business was no way to support a family.With a background as both a machinist and musician, Borisoff felt uniquely qualified to identify the specific needs of bass and guitar players. His first invention was a string bender for telecasters and with that, Hipshot Products, Inc. was born. Today, Borisoff has approximately eight patents attributed to his name.While the company specializes in tuning machines for basses and guitars, the unofficial motto is “if you want it, we’ll learn to make it.” The company supplies custom parts for boutiques and special instruments, but also holds contracts from big companies like Peavey, Fender, Cort and Yamaha, making Hipshot a serious contender in the global marketplace.Hipshot faces limited competition in the United States, but a few larger competitors exist internationally. However, Borisoff has the advantage of being United States-based, speaking the “music” language and being a musician himself.Why Seneca County: In 1994, Borisoff moved the then three-man Hipshot operation from a small shop in Van Nuys, California, to Interlaken, Seneca County. His late wife, Kate, had grown up there and wanted to be closer to her family.The Seneca County IDA provided a low-interest $60,000 loan that allowed Borisoff to buy a 12,000-square-foot building and several CNC machines. With a single CNC machine costing anywhere from $40,000 to $150,000, the help was greatly needed.The company has grown steadily ever since, and currently employs 24 people.