Empire State Development reports

ESD is dedicated to sharing information about its work with the public. In this Reports section, you can find many of the more than 50 quarterly and annual reports that we provide each year, detailing key New York State economic development projects and initiatives.

In addition to the reports published below, you may also wish to explore the 100+ economic development-related datasets available at data.ny.gov, access the detailed progress reports published annually by our 10 Regional Economic Development Councils at regionalcouncils.ny.gov, or view the comprehensive archive of public meeting videos and materials published in the ESD Media Center.

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Blog Post

Friday, March 29, 2019 - 12:48pm
What do a Western New York-based traffic safety business, an Albany IT staffing and recruiting firm and a New York City catering and food service company have in common? They’re among the thousands of businesses owned and run by women across New York. Over the past eight years New York State has focused on supporting businesses like these through a network of economic development programs that help small business grow by giving them access to financing, training and mentorship, and through certification that increases opportunities to participate in state contracts. Overall, New York has built a strong network where women-owned businesses can launch, grow, and thrive. This work is happening every day in New York State, where women-owned businesses are as varied as the opportunities their owners create; reflecting New York’s rich diversity of ideas and innovation. Nicole Beringer founded Tonawanda-based US Traffic Control Inc. in 2012 and grew the business with help from one of the state’s Entrepreneurship Assistance Centers (EAC) which offer training and support throughout New York State. The IBERO Center in Buffalo gave Beringer the guidance she needed to launch her business which manufactures and rents out signs and safety equipment for Western New York construction projects. The company’s client list has been wide-ranging, from Fortune 500 companies to local utilities, and Beringer has said Traffic Control’s designation as a New York State Certified Woman-Owned Business Enterprise (MWBE) helped lead “…the charge in our success.”
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Success Story

Thursday, March 28, 2019 - 2:07pm
Fighting cancer is one of the most frustrating challenges of modern science. Cancer cells offer untold varieties of genetic mutations. No one treatment works for all, and even effective regimens may fall short once the cancer evolves. It’s a deadly cat-and-mouse game that kills more than 600,000 people a year in the U.S. alone, according to the National Cancer Institute. Consider the 66-year-old great-grandmother whose uterine cancer responded to hormone treatment. A few years later, it spread to her lungs. But this new iteration was different. Doctors examining her tumor in the lab determined that even the latest targeted therapies, geared to specific genetic profiles, offered nothing that might work against the recurrence. The earlier hormone treatment regimen, which had been so effective, proved useless. Luckily, a new cancer diagnostic laboratory spun out of the vibrant Roswell Park Comprehensive Cancer Center in upstate New York offered hope. OmniSeq (pronounced omni-seek), which was founded in 2015, and has received significant funding from the Center, applied its innovative profiling methods to cancer tumor samples sent to its labs in Buffalo. The company’s Immune Report Card revealed that the personal specifics of her immune system indicated that pembrolizumab, a newly approved drug, could help her body’s immune system kill off the mutant cells. The advice from OmniSeq proved correct. The pembrolizumab treatment destroyed the cancer.
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Press Release

Thursday, March 28, 2019 - 12:00pm
Governor Andrew M. Cuomo today announced the official expansion and grand opening of the Woodcock Brothers Brewing Company in North Tonawanda's historic Wurlitzer Building, a former organ factory at the gateway to Niagara Falls that is being transformed into a popular tourist destination. The new 5,500 square feet brewery includes a restaurant, bar, brew floor, outdoor patio, and seating for 238 patrons. The project will result in the creation of 35 full-time equivalent jobs over two years. "New York's booming craft brewery industry is an exciting part of our economy, and the addition of Woodcock Brothers' investment will further spur job growth in North Tonawanda," Governor Cuomo said. "The brewery will also add to the Wurlitzer Building's growing appeal as a culinary tourism destination, drawing visitors from Niagara Falls and beyond." "The opening of Woodcock Brothers Brewing Company in North Tonawanda is a significant investment as part of our continued efforts to grow the craft beverage industry in New York State," said Lieutenant Governor Kathy Hochul. "This new business and tourist destination is also reclaiming a celebrated part of Niagara County's past by opening in the historic Wurlitzer Building. This is yet another addition to the craft brewery landscape that is creating more jobs and economic opportunities in Western New York." New York is home to a record-number 426 breweries, including 41 in Western New York, that are creating jobs and driving tourism across the state. Read the full press release here. 
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Press Release

Thursday, March 28, 2019 - 10:27am
Empire State Development (ESD) today announced that Smart Phases Inc. (DBA Novacab), a hybrid energy storage systems manufacturer headquartered near Montreal, Quebec, is expanding into Plattsburgh and plans to create 32 new jobs. The company's plans to establish operations at the Plattsburgh International Airport campus further the transformation of the airport into a modern transportation and economic development hub, and support the region's growing transportation cluster. ESD President, CEO and Commissioner Howard Zemsky said, "Novacab's expansion reflects the state's strategic investments at Plattsburgh International Airport and builds on our economic development efforts to attract new jobs and new businesses to the North Country." Novacab plans to invest $1.5 million to establish, equip and outfit a 30,000 square-foot manufacturing facility to produce hybrid thermal and electric energy storage units at the Plattsburgh International Airport. Once operational, the company plans to create at least 32 new full-time jobs. To support and encourage this project, ESD has agreed to provide up to $225,000 in performance-based Excelsior Jobs Program tax credits. Additionally, the New York Power Authority (NYPA) will provide 76 kilowatts of low-cost ReCharge NY power, and the New York State Energy Research and Development Authority (NYSERDA) recently awarded Novacab a competitively selected contract to develop and demonstrate new energy storage technology that could be used with electric buses. Novacab Founder and Chairman Stephane Bilodeau, Eng., Ph.D., FEC said, "This is an important milestone in the deployment of our innovative technologies in New York State and abroad. This achievement is the result of a huge endeavor done by our team with the help of many collaborators. Our gratitude and thanks to the Empire State Development team for participating together with NYSERDA and NYPA. Their help was key in the decision to go forward, and Novacab will now have a footprint in Plattsburgh, with the support of the North Country Chamber of Commerce, Clinton County, and the Plattsburgh International Airport." NYPA President and CEO Gil C. Quiniones said, "The establishment of a new Novacab operation in Plattsburgh that is set to create 32 jobs is big news for the region. ReCharge NY is helping to make big impacts like this all across the state, with hundreds of thousands of jobs tied to the Governor’s low-cost power program." NYSERDA President and CEO Alicia Barton said, "Advancing the adoption of new clean energy technologies, including energy storage, is critical to building the electric grid of the future and achieving Governor Cuomo’s nation-leading climate and clean energy goals. We congratulate Novacab on their new facility and welcome them to New York’s thriving clean energy ecosystem which already boasts more than 151,000 jobs and is outpacing statewide average employment growth." Novacab was founded in 2007 in Quebec and produces thermal energy storage units primarily used in buildings and transportation, based on advanced research and development started in 1996. In 2017, the company began to extend the deployment of the technologies to hybrid energy storage systems, which generate electricity from heat and store it for future use. In buildings, Novacab's technology stores energy during off-peak hours when conditions are most-favorable, and discharges that energy during peak usage times to lessen the burden on the existing power grid. In transportation, Novacab's units allow commercial vehicles like long-haul trucks and tractor trailers to maintain electrical power for heating and cooling without the need to run the engine or a generator, reducing fuel consumption and carbon dioxide emissions. The International Energy Association (IEA) estimates that to keep global warming below 2 degrees Celsius, the world needs 266 gigawatts of energy storage by 2030, up from 176.5 GW in 2017. Under current trends, Bloomberg New Energy Finance predicts the global energy storage market will hit that target and grow quickly to a cumulative 942 GW by 2040, representing $620 billion in investment over the next two decades, and the Smart Phases project is within this target. North Country Chamber of Commerce President Garry Douglas said, "In our role as the marketing entity for Plattsburgh International Airport, we have been working with Novacab for two years now, encouraging their plans for a U.S. operation and demonstrating the advantages of Plattsburgh. The Governor's commitment of $38 million for a number of facility projects at the airport last year came at the right time as it allowed for work to be carried out on Building 2774 to bring it to leasable condition. Novacab represents another Quebec-based manufacturer using the North Country to grow in the U.S. market. It represents another advance in the continuing development of Plattsburgh International as an active, job creating industrial site. It represents the attraction of a green energy technology company to New York, and it represents our area's continued productive partnership with Governor Cuomo in building our international manufacturing base. Our thanks to Novacab for their confidence. Onward and upward!" Senator Betty Little said, "This is great news and another great example of New York State government and the Plattsburgh region’s continuing success in forging public-private partnerships that attract investment and create new job opportunities for our area. The thermal storage technology will reduce pressure on the grid, help the environment and save money, making this announcement all the more exciting." Assemblyman Billy Jones said, "Novacab’s decision to locate their new facility in Plattsburgh, once again demonstrates the strength of our region’s economy through cross-border trade coupled with skilled good-paying jobs. The North Country is dedicated to creating stable jobs in manufacturing, trade, and energy production, which will not only create opportunities for future generations to remain in the region, but will create a strong economy for the many hardworking families that call the North Country home." Harry McManus, Clinton County Legislature Chair, said, "Our ability to lease this building would not have been possible without the grant and renovations at Building 2774. This is something that we’ve been planning for a long time, and the revenue from the lease will help defray some of the airport costs. We’re very pleased to welcome Novacab, which will strengthen our manufacturing sector and economic development efforts in Clinton County." Plattsburgh Town Supervisor Michael Cashman said, "We continue to experience the benefits of the historic investment made by Governor Cuomo and New York State in the Plattsburgh International Airport campus. This new agreement between the Clinton County Legislature and Novacab is exciting as it brings another international business presence to our town and Greater Plattsburgh region. The addition of the new jobs is welcome, and we look forward to seeing them growing their presence." About Empire State Development Empire State Development (ESD) is New York’s chief economic development agency (www.esd.ny.gov). 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 Governor Cuomo’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, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.   Contact: Adam Ostrowski | adam.ostrowski@esd.ny.gov | (518) 292-5148 ESD Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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Board Meeting

Thursday, March 28, 2019 - 9:30am
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Board Meeting

Wednesday, March 27, 2019 - 3:00pm
With videoconferencing to: Empire State Development – Buffalo Regional Office 95 Perry Street Suite 500                        Buffalo, NY 14203
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Press Release

Wednesday, March 27, 2019 - 11:38am
Investment in State-of-the-Art Company Complements "Finger Lakes Forward" - the Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) today announced that additive manufacturing systems company Evolve Additive Solutions has expanded operations in the Town of Brighton, Monroe County. The expansion at Evolve’s Metro Park location will allow the company to create close to 60 new jobs in the region over the next five years. Evolve, which is headquartered in Minnesota, operates its materials technology center in Brighton. The 15-person office is headed up by Kodak veteran Rich Allen, who outlined the benefits of growing the company’s high-tech operation locally, including the highly skilled talent pool that is readily available in the Finger Lakes region. "The Finger Lakes region is home to some of the most talent-rich tech companies in the industry," said Empire State Development President, CEO & Commissioner Howard Zemsky. "Supporting businesses like Evolve Additive Solutions will further support our efforts to grow the 21st century economy while creating good-paying jobs and generating new opportunities in the region.” Evolve is focusing on its additive manufacturing technology known as Selective Thermoplastic Electrophotographic Process (STEP) on products in the automotive, aerospace, medical and industrial markets.  Initially, the company plans to expand the manufacturing space at the Brighton facility by 7,000 square-feet with plans to add on another 13,000 square-feet over in the coming years. Supporting the growth of high-tech industries is an integral part of the regionally designed Finger Lakes Forward economic development plan. Founded in 2017, Evolve Additive Solutions’ recently raised $19 million in equity funding with the LEGO Brand Group and Stanley Black & Decker as the lead investors, with the dollars raised earmarked to commercialize STEP, hire new talent and expand facilities such as the office in Brighton.  STEP will sit alongside traditional manufacturing processes on the production floor such as injection molding and CNC and will provide organizations with another asset to get products to market faster, leverage for bridge manufacturing and low volume production runs for manufactured end-use parts.  Steve Chillscyzn, CEO of Evolve Additive Solutions, said "Our Brighton facility is key to our success and having a first-class facility to attract the best talent possible for materials and process development is essential.  We are extremely pleased that Empire State Development recognizes the opportunity our technology can offer to our future customers but also to are current and future employee base in the area." To facilitate Evolve Additive Solutions growth in the Finger Lakes region, Empire State Development has offered tax credits of up to $1 million through the Excelsior Tax Credit Program in exchange for job creation commitments. The company plans to invest $1.2 million to grow its local operation. Monroe County and Greater Rochester Enterprise are also assisting with the project. Finger Lakes Regional Economic Development Council Co-Chairs, Monroe Community College President Anne Kress and Greater Rochester Chamber of Commerce President and CEO Bob Duffy said, “The Finger Lakes is home to some of the most talented tech companies in the industry, boosting the region's economy and attracting new businesses to the area. The council is committed to supporting innovative companies like Evolve Additive Solutions which are working to create new, good-paying jobs and continuing to move the Finger Lakes Forward." State Senator Joe Robach said, “As the State Senator representing the Brighton community, I welcome the expansion of Evolve Additive Solutions and the 60 jobs that it will create for our area.   I am proud to support the growth of high-tech companies like Evolve Additive Solutions and thank them for their investment into our region.” State Assembly Member Jamie Romeo said, “I am pleased that Evolve Additive Solutions is expanding in Brighton with the addition of 60 new, good-paying jobs.  Increasingly companies are coming to the realization that the Finger Lakes region is ideally situated for high-tech industries that want to expand, not only because of our willingness to invest in growth industries, but because of our highly skilled workforce.” Monroe County Executive Cheryl Dinolfo said, "It is no secret that Monroe County is home to tremendous history and talent when it comes to innovation. As County Executive, I have worked hard to grow more jobs that put our tremendous local talent to good use. We are excited to welcome Evolve Additive Solutions as they join a community of other local tech businesses that bring one of a kind opportunities to families right here in Monroe County." Brighton Town Supervisor Bill Moehle said, “We are excited to see the growth of Evolve Additive Solutions in Brighton. Brighton is a natural home for technology driven businesses like Evolve, because Evolve will be able to draw upon talent from the University of Rochester, Rochester Institute of Technology and Monroe Community College, all in close proximity. Brighton was ranked the No.1 place to live in New York in 2018, and we also expect that many of these new Evolve employees will choose Brighton has a place that they and their families can call home.” Matt Hurlbutt, president and CEO, Greater Rochester Enterprise said, “Evolve Additive Solutions will expand its R&D operations in the Greater Rochester, NY region to leverage the highly skilled imaging and materials technology expertise available in our community.” For more Information about Evolve Additive Solutions, click here. Accelerating Finger Lakes Forward  Today’s announcement complements “Finger Lakes Forward,” the region’s comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $6.1 billion in the region since 2012 to lay the groundwork for the plan – investing in key industries including photonics, agriculture‎ and food production, and advanced manufacturing. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Rochester, Batavia and Canandaigua as a destination to grow and invest in. Now, the region is accelerating Finger Lakes Forward with a $500 million State investment through the Upstate Revitalization Initiative, announced by Governor Cuomo in December 2015. The State’s $500 million investment will incentivize private business to invest well over $2.5 billion – and the region’s plan, as submitted, projects up to 8,200 new jobs. More information is available here. ​   Contact: Shari Voorhees-Vincent | Shari.Voorhees-Vincent@esd.ny.gov | (585) 399-7055 Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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Board Meeting

Friday, March 22, 2019 - 10:00am
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Press Release

Thursday, March 21, 2019 - 4:33pm
See Cataract Commons site map and project rendering here The USA Niagara Development Corporation (USAN) Board of Directors met today and approved the General Project Plan and a Construction Services contract for the Cataract Commons Civic Project, a proposed public open space facility or “commons” space located on Old Falls Street, in downtown Niagara Falls. The project will transform an empty parcel into a more usable and inviting outdoor facility that will have permanent structural seating and shade, as well as flexibility for hosting various events.  The scope of work includes earthwork, the installation of metal shade structures, planters, fabricated wood and metal marquee signage, concrete flatwork, a concrete amphitheater, landscaping and lighting. See site map and project rendering here.  “The parcel of land that will become ‘Cataract Commons’ is an important urban space that helps shape the visitor experience in downtown Niagara Falls,” said USAN Board of Directors Chairwoman Francine DelMonte. “As such, our investment in more permanent capital improvements is necessary for this focal point on Old Falls Street.” This project, located at the southeast corner of Rainbow Boulevard and Old Falls Street, is approximately 10,000 square feet and is in the former footprint of the Wintergarden.  Although relatively small and currently largely unimproved, it has provided a place for tourists to stop and take a break with their families. The project is expected to be complete in May 2020.   The USAN Board awarded a $1,067,469 construction contract for Cataract Commons to Scott Lawn Yard, a certified Women-Owned Business Enterprise/Disadvantaged Business Enterprise (WBE/DBE).  Scott Lawn Yard’s past projects have included rehabilitation work at the Niagara Falls Water Treatment Plant; converting a section of the former Robert Moses Parkway to pedestrian pathways; and a regionwide landscaping project for the state Department of Transportation. USAN had previously contracted with Trowbridge Wolf Michaels Landscape Architects, LLP, to develop final design and bid documents.  Funding for the Cataract Commons project comes from the Buffalo Billion II.  In other items, the USAN Directors took a number of administrative actions. The board approved USAN’s annual operating budget and annual capital expense authorization for fiscal year 2019-2020. The board also approved the operating and capital budgets for the Conference & Events Center Niagara Falls and Old Falls Street for calendar year 2019.  The Directors also authorized entering into an amendment to a funding agreement with the New York Power Authority (NYPA) related to the Niagara Gorge Corridor – Parkway Removal Project. The amendment allows for NYPA to provide an additional $530,000 to fund consultant costs related to design support and monitoring during the construction phase of the ongoing project to remove a two-mile segment of the former Robert Moses Parkway, now known as the Niagara Scenic Parkway, from Main Street to Findlay Drive. About USA Niagara Development Corporation USAN, a subsidiary of Empire State Development, is solely dedicated to the support and promotion of economic development initiatives in downtown Niagara Falls by leveraging private investment and encouraging growth and renewal of the tourism industry in the City of Niagara Falls.  For more information, visit https://esd.ny.gov/usa-niagara-development-corporation-6.   Contact: Pamm Lent | pamm.lent@esd.ny.gov | (716) 846-8309 | (800) 260-7313 Laura Magee | laura.magee@esd.ny.gov | (716) 846-8239 | (800) 260-7313
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Board Meeting

Thursday, March 21, 2019 - 3:00pm
With videoconferencing to:   Empire State Development 633 Third Avenue, 37th Floor                         New York, NY 10017  
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