Empire State Development meetings
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Monday, August 28, 2023 - 5:37pm
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Press Release
Wednesday, August 23, 2023 - 10:39am
20 Startups from Across the Globe will Compete to Win a Combined Total of $3 Million in Prize Money at Upcoming Summit Nov. 14-15
Competition is Funded Through Upstate Revitalization Initiatives - Finger Lakes Forward, CNY Rising and Southern Tier Soaring - Regional Comprehensive Strategies to Revitalize Communities and Grow the Economy
Empire State Development (ESD) and Cornell University’s Center for Regional Economic Advancement (CREA) today announced the 20 finalists selected to take part in year five of Grow-NY, a food and agriculture business competition focused on enhancing the emerging food, beverage, and agriculture innovation cluster in Upstate New York. The Competition is funded through New York state’s Upstate Revitalization Initiative and administered by CREA. Winning companies will be required to make a positive economic impact in the Grow-NY region, which is comprised of 22 counties located in Central NY, the Finger Lakes, and the Southern Tier regions.
Empire State Development President, CEO and Commissioner Hope Knight, said, "The innovative Grow-NY business competition has once again attracted a group of exceptional startups and entrepreneurial talent from around the world. Grow-NY's agribusiness focus demonstrates New York State's continued dedication to supporting agriculture advancements that will create jobs and grow the Central New York, Finger Lakes and Southern Tier economies."
State Agriculture Commissioner Richard A. Ball said, "For five years, the Grow-NY competition has showcased the strength and diversity of New York State’s agriculture and food businesses. The program has consistently helped enhance our agricultural economy, attracting exciting, cutting-edge companies that are creating innovative new agricultural technologies and career paths while supporting New York farmers. I congratulate not only the finalists, but all the startups and entrepreneurs who participated in the competition and look forward to seeing all that they will go on to do.”
In total, 323 startups applied from 49 countries, including Canada, the UK, and Italy. Domestic teams also showed strong interest, with 32 states represented in the applicant pool, including 81 entries from New York. 42% of applicants include a female founder, and 61% include a founder from an underrepresented minority group.
A panel of 30 judges, reflecting a depth and breadth of regional expertise, knowledge of the region’s agriculture andfood production communities, and entrepreneurial experience, reviewed all the applications to determine the top 20 finalists that will pitch their business plans at the Grow-NY Food and Ag Summit in Binghamton in November. Grow-NY will award a total of $3 million in prize money to seven winners. This includes a $1 million top prize, two $500,000 prizes and four $250,000 prizes.
The 20 selected finalists include:
Agriwater, Champaign, Ill. – Agriwater uses electrolysis to precipitate contaminants from on-farm manure liquid, resulting in the elimination of odor, toxins, and GHGs from wastewater, maintaining environmental compliance, creating an additional water source, and providing recurring revenue streams from the sale of carbon credits.
Blue Cove Fish LLC, New York City – Blue Cove Fish is a low-volume craft seafood cannery that partners with local and sustainable suppliers of seafood, therefore contributing to the development of local aquaculture and food systems, while manufacturing canned seafood products with artisanal techniques and climate-smart packaging.
Cattle Scan, Toronto, Canada – Cattle Scan’s cattle monitoring bolus allows dairy farmers to facilitate real-time monitoring of individual cattle, improving overall herd health, increasing production efficiency, and helping advance business sustainability and operational excellence.
Clean Label Solution LLC, Ithaca, N.Y. – Clean Label Solution has proprietary technology that improves protein and fat digestibility and reduces CO2 emissions and energy consumption in the production of soy-based animal feeds for livestock such as dairy cattle, poultry, deer, and fish farms.
Crover, Edinburgh, United Kingdom – Crover is on a mission to help grain storage operators reduce losses and maintain optimum storage conditions, efficiently and remotely monitoring and maintaining the quality of grain bulks through its “grain swimming” robotic technology.
FaunaTech, Bangalore, India – Fauna is the first smartphone-connected, hand-held diagnostic platform to measure important biomarkers in meat, poultry, and gains, leading to the early detection of critical herd diseases, reducing antibiotic usage, and monitoring food qaulity at the farm gate.
FoodReady Inc., Chicago – FoodReady combines the power of software automation with expert food safety consulting, ensuring clients are audit and inspection ready, eliminating the need to manually manage documents, and increasing efficiency in operations, certifications, and growing your business.
FoodNerd, Buffalo, N.Y. – FoodNerd creates positively processed plant-based food with a purpose. Their sprouting process maintains and increases the nutritional content found naturally in food, rather than degrading it.
Grape.ag, Cupertino, Calif. – Grape.ag gives plants a voice with its sensors and communication devices, allowing for the unique care of each plant in a vineyard and providing valuable atmospheric and soil information that enables vintners to visualize hyper-local conditions in real-time, find trends, and make better decisions.
GR8PE by Stil-Bène, Geneva, N.Y. – Stilbene transforms grape pomace, the skins and seeds left over after pressing grapes, into a powdered dietary supplement designed to improve digestive health.
HempWood, Murray, Ky. – Fibonacci’s HempWood Organic Flooring is an engineered hardwood flooring that is sustainable, healthy, durable, and made in America using a plant-based, no added formaldehyde adhesive, which emits no VOCs, is renewable and carbon negative, and water and scratch resistant.
Hypercell Technologies, Peachtree Corners, Ga. – Hypercell Technologies provides rapid point-of-care diagnostics for the food chain, ensuring early identification and management of biological contaminants from production to transformation with increased speed and accuracy.
KEHO, New York City – KEHO makes complex science deliciously digestible, curating savory snack bars that are keto-friendly and 100% plant based. With no sugars, sweeteners, or artificial flavors or colors, KEHO packs up real food for real lives.
LeafSpec LLC, West Lafayette, Ind. – LeafSpec is an accurate, affordable, and portable hyperspectral crop leaf imager that provides measurements of a plant’s physiological features such as leaf moisture content, chlorophyll content, nitrogen content, pathogen and insect diseases, and stresses from chemical sprays without damage to the plant.
Mush Foods, Poughkeepsie, N.Y. – Mush Foods harnesses the power and intelligence of mushrooms with its edible mushroom mycelium, creating a groundbreaking, sustainable, animal-free protein for the food and beverage industry.
MycoLogic, Kennesaw, Ga. – MycoLogic is a comprehensive solution for starting or expanding your specialty mushroom cultivation business. They provide hardware and software for semi autonomous cultivation of specialty mushrooms, as well as biological support and consultation.
SomaDetect Inc., Thornhill, Ontario – SomaDetect’s cutting-edge sensor and software system provides farmers with the information they need to make the best milk possible, offering dairy producers automatic and reliable milk-based data directly from their milking line to streamline day-to-day operations of dairy farms.
TAINR, Los Angeles – TAINR modernizes the grocery store’s outdated bulk aisle with a smart refill kiosk that moves inventory efficiently, reduces restocking times, and eliminates product losses and single-use plastic packaging waste.
We Are The New Farmers, Brooklyn, N.Y. – We Are The New Farmers brings the benefits of microalgae straight into smoothies with its fresh, frozen, farm-grown spirulina cubes that are packed with dense micronutrients and loaded with antioxidants.
Wisely, Inc., Wilmington, N.C. – Wisely has developed a smart food storage system that reduces waste by allowing users the ability to track the time and conditions in which their perishables are stored. The system includes a Wisely Smart Sensor Disc integrated with Wi-Fi connectivity to give the user detailed and personalized insights through the Wisely Mobile Companion App.
The 10-week business development phase is an accelerator through which the 20 finalists receive:
Dedicated mentorship from a business advisor selected by our program team for their subject matter expertise and presence in the region.
Introduction to the region’s leaders and resources to connect them to potential partnerships and other strategic opportunities
Site visits, business tours, and industrial-and economic development agency introductions for finalist team representatives
Business development support and workshops helping them fine tune their regional plans
Pitch training to hone their live presentation skills for the Grow-NY judges and other potential sources of capital
We saw the Grow-NY effect in action with this year’s applications. The successes of our portfolio of winning companies attracted participation from startups innovation throughout the agrifood supply chain, across the globe, addressing main street economic health, the climate crisis, and how we feed our growing population. We are thrilled to welcome the 20 startups selected to participate in this year’s accelerator,” said Jenn Smith, Program Director, Grow-NY. The accelerator culminates with a live pitch at the Grow-NY Food and Ag Summit, scheduled for Nov. 14 and 15, at the Holiday Inn Downtownin Binghamton. The Summit will be held in two formats simultaneously, in-person and virtually, with finalists pitching their business ideas live in front of an audience and answering questions from a judging panel. The event also includes a food and agriculture symposium and ecosystem expo. This year’s winners will be revealed in alive awards presentation at the conclusion of the summit.
“It is equal parts inspiring and exciting to see Grow-NY’s business competition gaining global recognition in its fifth year,” said Benjamin Houlton, the Ronald P. Lynch Dean of the Cornell University’s College of Agriculture and Life Sciences. “Cornell CALS is proud to leverage our research and development strengths in support of this year’s cohort of startups, as they tackle the most complex challenges of our time—working to improve our world’s health, food, economy, and environment, while simultaneously bolstering New York’s innovation ecosystem.”
Registration for the summit is now open. To learn more about the finalists, mentors, and register for the summit, visit: grow-ny.com.
To learn more about the finalists and mentors, and to learn more and register for the Summit, visit grow-ny.com.
To learn more about Cornell Center for Regional Economic Advancement (CREA) visit https://crea.cornell.edu.
Accelerating Finger Lakes Forward
Today’s announcement complements “Finger Lakes Forward,” the region’s comprehensive strategy to generate robust economic growth and community development. The regionally designed plan focuses on investing in key industries including photonics, agriculture and food production, and advanced manufacturing. More information is available here.
Accelerating CNY Rising
Today's announcement complements “CNY Rising,” the region’s comprehensive strategy to generate robust economic growth and community development. The regionally designed plan focuses on capitalizing on global market opportunities, strengthening entrepreneurship and creating an inclusive economy. More information is available here.
Accelerating Southern Tier Soaring
Today's announcement complements “Southern Tier Soaring,” the region’s comprehensive strategy to generate robust economic growth and community development. The regionally designed plan focuses on attracting a talented workforce, growing business and driving innovation. More information is available here.
About Empire State Development
Empire State Development (ESD) is New York’s chief economic development agency. The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing the state’s Regional Economic Development Councils and the marketing of "I LOVE NY," the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, please visit www.regionalcouncils.ny.gov and www.esd.ny.gov.
Contact:
Shari Voorhees-Vincent | [email protected] | (585) 399-7055
Press Office | [email protected] | (800) 260-7313
Nicole Sheldon | [email protected] | 585-451-4590
Press Release
Tuesday, August 22, 2023 - 12:27pm
Wells Enterprises’ New Manufacturing Facility Will Retain 401 Jobs and Create More Than 200 New Jobs for the Production of Ice Cream and Frozen Novelty Products
See Rendering of State-of-the-Art Plant Here
Governor Kathy Hochul today announced that Wells Enterprises is planning to expand its manufacturing facility in Dunkirk, making a significant investment to create a world-class ice cream plant on its current property. The project will allow the company to add more than 200 new jobs and retain 401 existing full-time jobs. New York State is supporting the project with up to $10 million in Excelsior Jobs Program tax credits and a $6 million grant from Empire State Development in exchange for job creation and capital investment commitments. The Chautauqua County Industrial Development Agency is also working with the management team of Wells to provide the support necessary for company executives to officially greenlight the project.
“The new, state-of-art ice cream manufacturing plant in Chautauqua County will create jobs and spur economic growth for years to come,” Governor Hochul said. “This project is a win for hundreds of plant workers, a victory for many local business partners that benefit from the facility, and an important success story for the region’s overall economy.”
Liam Killeen, CEO of Wells Enterprises said, “We are extremely excited to build on the strength of our team in Dunkirk and continue to work with the community to grow and expand our operations here. The investment in Dunkirk illustrates our passion to provide high-quality premium ice cream products that bring joy to consumers around the world. The planned expansion also reinforces our dedication to our team, consumers, and the community as a critical part of the long-term future of our company.”
The Dunkirk manufacturing facility, located at 1 Ice Cream Drive, plays an important role in the company’s expansion plans for its national manufacturing network of its Blue Bunny, Halo Top, Bomb Pop and Blue Ribbon Classics brands. The expansion is anticipated to more than double the facility's current production capacity and help support the company’s continued plans for growth in novelty and packaged ice cream, while enabling future innovation.
Construction will begin on the new facility in the last quarter of 2023. It will include all new production lines, cold storage, and administrative office space. Wells will continue to manufacture ice cream products in the existing facility while construction of the new plant is underway.
The company’s success is strongly supported by local dairy farmers who provide the majority of the fluid milk used at the facility today. The planned expansion will continue to utilize millions of pounds of dairy annually. That number is expected to grow along with the overall consumption of ice cream. Fortune Business Insights estimates the global ice cream market will reach $104.96 billion in 2029, up from $71.52 billion in 2021—a 46 percent jump in less than a decade due to the world’s craving for ice cream.
Empire State Development President, CEO & Commissioner Hope Knight said, “Together we have changed the story in Dunkirk from a major loss to a huge win. The construction of Wells' new state-of-the art ice cream plant will add hundreds of jobs — it's a sweet victory for the community, and ESD is proud to have played a role in negotiating. Whether it is ice cream, yogurt, or cereal, the food manufacturing industry is an important ingredient for our economy. The new high tech production facility in Dunkirk is a taste of the job growth and business opportunity that New York has experienced under Governor Hochul’s leadership.”
Read the full press release here.
Press Release
Friday, August 18, 2023 - 3:41pm
Riverfront Studio and Gallery Space will Provide Inclusive Arts Opportunities for People with Disabilities
See a picture of Art House at Edgewater here
Empire State Development, KeyBank and The Resource Center today announced the opening of the KeyBank Art House at Edgewater, the new home of The Resource Center’s award-winning art program for people with disabilities in Jamestown. The Art House at Edgewater was developed on property The Resource Center owns on Eighth Street in Jamestown, adjacent to TRC’s Edgewater Day Habilitation Program that opened in 2020. An existing 1,700-squarefoot structure was renovated to create the Art House at Edgewater. The facility will offer a variety of classes including painting, drawing, mixed media and ceramics. A gallery space will allow those participating in the art classes to showcase their work. See a picture of Art House at Edgewater here. For more information, visit https://edgewaterarthouse.com/.
“Broadening access to art can change lives, and communities, for the better. The KeyBank Art House at Edgewater is a unique redevelopment project that provides an inclusive artist hub for individuals with disabilities and enriches everyone involved,” said Empire State Development President, CEO & Commissioner Hope Knight. “It also reflects Governor Hochul and the City of Jamestown’s ambitious efforts in waterfront revitalization and community development, aimed at creating a vibrant, mixed-use, residential, commercial and recreational river corridor.”
“KeyBank is so proud to support the KeyBank Art House at Edgewater and the award-winning art programs it will provide to individuals with disabilities in Jamestown and the surrounding communities,” said Chiwuike Owunwanne, KeyBank’s Corporate Responsibility Officer. “The Art House will be a wonderful opportunity to allow people to express themselves and tap into their creative thinking. We look forward to the positive outcomes it will bring to Jamestown for years to come.”
“We are excited to formally unveil the KeyBank Art House at Edgewater,” said Denise Jones, The Resource Center’s Chief Executive Officer. “Today represents the culmination of our long-held dream to give more people with disabling condition the opportunity to express themselves through art. We are grateful to KeyBank and First Niagara Foundation, Empire State Development, the City of Jamestown, and everyone else who helped make this facility possible. We can’t wait to see the amazing art that will be created in this beautiful space, and we look forward to partnering with other local entities to expand access to the arts in the community.”
The Art House at Edgewater project cost was $677,199. Major funding for the project came from KeyBank and First Niagara Foundation, which jointly provided $225,000. The ESD provided a $134,440 Regional Council Capital Fund grant to The Resource Center for its project. Additional funding was provided by The Lenna Foundation and Filling the Gap, Inc. Officials of The Resource Center are grateful for the financial support that made the project possible. It cited the fact that the agency’s employees and board members, plus their family and friends as well as the families of people with disabilities who receive supports from The Resource Center, contributed more than $50,000 to the project.
The project’s architect was LaBella Associates. The lead contractor was Hayes Construction Services.
The Art House at Edgewater is situated on the waterfront of the Chadakoin River on Eighth Street, adjacent to the Riverwalk and across from McCrea Point Park. This location is a favorite destination for waterfront path walkers as well as those using the park for recreation and or for boating and fishing on the lake. The location will also allow indoor/outdoor classes to be held on a patio overlooking the waterfront.
Art has been a hobby and a passion of people with disabilities at The Resource Center since the agency began offering educational classes in 1959. Art has remained an important facet of The Resource Center over the years, and, since 2007, collaborations with area arts organizations and independent artists have broadened the center’s class offerings to encompass painting, mixed media, dance/movement, drama, music and song writing. The overwhelmingly positive response has resulted in staff additions and growth in class sizes and offerings, including individually tailored classes for people who need carefully structured environments and supports. What began as simple painting projects has grown into ceramics, clay, printmaking, jewelry-making and more.
Until now, The Resource Center’s art program had been based within a state-certified day habilitation program for people with intellectual and developmental disabilities, and only people enrolled in the day program could participate in art classes. With the establishment of the KeyBank Art House at Edgewater, other people with developmental disabilities and people with behavioral health challenges will be able to take art classes. In addition, The Resource Center looks forward to collaborating with schools and area arts organizations, as well as making art classes available to community members.
Senator George Borrello said, “The KeyBank Art House at Edgewater is a wonderful addition to the community and a beautiful creative space that will allow The Resource Center to take its award-winning art programming to the next level. For those with disabilities, the opportunity to create and present their artistry is life-enhancing and this facility will expand those opportunities. My deepest thanks go out to KeyBank, Empire State Development and all the many organizations and individuals that gave generously to bring the Art House to life. It will be a treasured part of our community for years to come.”
City of Jamestown Mayor Eddie Sundquist said, “I am excited to see this redeveloped waterfront space provide an inclusive artist hub for individuals with disabilities, as well as the community at large. This project adds to the strong momentum of further development of the Chadakoin River that will attract small businesses, entrepreneurs, visitors to the area, and will continue to support the progress of economic development and improvements in the quality-of-life for the residents of Jamestown.”
About The Resource Center
The Resource Center has been supporting people with disabilities and their families in Western New York since 1958. The Resource Center also provides a range of health services that are available to anyone in the community. In addition, The Resource Center performs subcontracting work to local industry and the federal government at manufacturing facilities in Dunkirk and Jamestown. For more information, visit www.resourcecenter.org.
About KeyBank
KeyCorp’s roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $195 billion at June 30, 2023.
Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.
Contact:
Pamm Lent (ESD) | [email protected] | (716) 846-8309 | (716) 560-8815
Laura Magee (ESD) | [email protected] | (716) 846-8239 | (716) 374-4246
Steve Waterson (The Resource Center) | [email protected] | (716) 483-2344
Press Release
Friday, August 18, 2023 - 1:50pm
State Funds Enhance Child Care Services, Afterschool Programs, Workforce Training, and Comprehensive Family Support Systems
Complements Governor’s Commitment to Expanding Affordable Child Care Options for New York Families
Governor Kathy Hochul today announced the opening of the Bridgehampton Child Care & Recreational Center’s new $3.3 million facility in the Town of Southampton, Long Island. Situated on six acres donated to create BHCCRC in the early 1950s, the state-of-the-art, 7,828-square-foot building marks a significant milestone in expanding vital services and serving lower-income working families living on Long Island’s East End. With a focus on affordable child care, enriching summer programs, and diverse recreational activities, BHCCRC empowers families and children while fostering social development.
"This new facility will help expand access to the high-quality child care options and educational programs families in East End and across Long Island deserve," Governor Hochul said. "By investing in this state-of-the-art facility, we are investing in working parents and giving them the support they need to remain in the workforce while providing their kids with academic enrichment and care.”
The Bridgehampton Child Care & Recreational Center (BHCCRC), a historically Black, community-based institution, has been a beacon of support for marginalized East End children and working families for generations. BHCCRC offers flexible scheduling options, workforce training, enriching after-school programs, summer and teen programs, college prep classes, and a food pantry. Featuring multiple classrooms, a computer lab, tutoring spaces, offices, additional bathrooms, community space, and a kitchen, the new Center will promote an inclusive and nurturing environment for learning, growth, and social development. With an increased capacity, BHCCRC will be able to serve more children and families, strengthening the East End community by providing essential education, enrichment, child care, and support to those who need it the most.
Read the full press release here.
Report
Thursday, August 17, 2023 - 12:10pm
As required by statute, these reports contain the status of economic development programs administered by Empire State Development. Funding for the projects listed herein was approved by ESD during Fiscal Year 2023-24.
Quarterly Status Report - First Quarter of Fiscal Year 2023-2024
Quarterly Status Report - Second Quarter of Fiscal Year 2023-2024
Report
Wednesday, August 16, 2023 - 5:09pm
View report
Press Release
Wednesday, August 16, 2023 - 1:00pm
Stone Revetment is Part of $44 Million Shoreline Revitalization Effort Supported with Federal and State Funds
Additional $435,000 in State Funding Helped Complete Project to Protect Historic Lighthouse Tower and Restore Keeper’s Residence
Drone Footage Available Here
Governor Kathy Hochul, the U.S. Army Corps of Engineers New York District, Montauk Historical Society, and other partners today celebrated the reopening of the newly restored Montauk Point Lighthouse and completion of a major coastal resiliency project to protect the historic lighthouse and associated cultural resources. The landmark, located on the easternmost point of Long Island, underwent an extensive multi-year renovation and will be significantly protected from waves and coastal storms due to a new stone revetment that will prevent erosion and degradation of the site.
“Extreme storms can have a devastating impact on so many communities and resources, especially here at the coastal Montauk Lighthouse complex,” Governor Hochul said. “New York State is proud to complete this project with the U.S. Army Corps of Engineers to implement this critical shoreline resiliency project so that the beautifully renovated lighthouse buildings and grounds are protected and enjoyed for generations to come."
U.S. Army Corps of Engineers, New York District Commander Colonel Alexander Young said, "Completion of this project is a major milestone on a number of levels due to the historic nature of the facility and it's place in the community as well as American history. The Montauk Point Lighthouse has a played a key role in serving the maritime community for decades and the work done here by a very talented group of individuals from top to bottom will ensure it remains a symbol of American strength and ingenuity for years to come. I'd like to thank all of our partners at the federal, state, and local levels for their support. We couldn't have done it without them."
The U.S. Army Corps of Engineers (USACE) coastal storm damage risk management project included the reconstruction of approximately 1,000 linear feet of stone revetment, including removal and reuse of existing armor stones, and delivery and placement of new armor stones weighing anywhere between 10-20 tons apiece. The project is designed to protect the historic Montauk Point lighthouse, complex, bluff area and associated cultural resources by stabilizing the site and protecting it from future coastal storms.
Read the full press release.
Press Release
Tuesday, August 15, 2023 - 12:05pm
Announcement Made in Mohawk Valley Highlights $14 Million to Mohawk Valley Edge to Support Semiconductor Supply Chain Attraction
First Round of Awards Will Create Jobs and Help Attract and Expand Key New York State Growth Industries
Governor Kathy Hochul today announced that $39.6 million has been awarded for seven locations under the Focused Attraction of Shovel-Ready Tracts New York (FAST NY) grant program. First announced in February 2022, the program is designed to prepare and develop sites across the state to jumpstart New York’s shovel-readiness and increase its attractiveness to large employers and high-tech manufacturing companies. The program, administered by Empire State Development, will help diversify New York State’s economy while propelling new investments for businesses, communities, and job creation.
“With our highly skilled workforce and commitment to emerging industries, New York is ready to welcome companies to our state while supporting those who have already invested in our communities,” Governor Hochul said. “This funding from the FAST NY program will prepare seven shovel-ready sites around the state that will one day house the industries of the future – from renewable energy to high-tech manufacturing. Through investments like this, New York State is attracting elite companies that will create good jobs and power our local economies for generations to come.”
Empire State Development President, CEO and Commissioner Hope Knight said," We know that having a prepared and ready-to-build location was one of the many reasons why companies like Wolfspeed, Micron and fairlife chose to build and grow in New York State. Fast NY is creating more locations for industries to chose from and making New York State a top destination for relocation and expansion."
Read the full press release here.