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Press Release

Friday, August 24, 2018 - 4:24pm
Governor Andrew M. Cuomo today announced a $516,000 New York State Community Development Block Grant award to the City of North Tonawanda that will allow Woodcock Brothers Brewing Company to expand operations and open a craft brewery and restaurant. Empire State Development is offering additional support of up to $110,000 in performance-based Excelsior Tax Credits, which are directly tied to job creation commitments. Demand for the company's products has exceeded production capacity of its existing facility in Wilson. The awards will assist the company in expanding production and continuing the transformation of the iconic Wurlitzer Building, a former organ factory at the gateway to Niagara Falls, into a tourist destination. The company will create 35 full-time jobs over two years, 26 of which will benefit low to moderate-income workers. "New York's booming craft brewery industry is an exciting part of our economy, and this investment will deliver stronger, more sustainable economic development for North Tonawanda," Governor Cuomo said. "With the opening of this new location, Woodcock Brothers Brewing Company will spur job growth in the city while also contributing to New York's thriving tourism sector." "With state economic development funding, the Woodcock Brothers Brewing Company will expand operations in North Tonawanda creating new job opportunities in the area," said Lieutenant Governor Kathy Hochul. "The company's new craft brewery and restaurant will revitalize a vacant building and allow the local producer to increase production. Investments in local projects are allowing communities across New York to transform buildings and pursue developments to attract visitors and boost the economy." Read the full press release here.
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Press Release

Thursday, August 23, 2018 - 3:09pm
Investment Complements "Southern Tier Soaring" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) today announced Corelle Brands LLC, a kitchenware products maker and distributor, is moving forward with a $50 million modernization project at its manufacturing facility in Corning, Steuben County. The project, which is being supported by a Southern Tier Soaring Upstate Revitalization Initiative grant, will enable the company to expand production capacity and create 25 new, well-paying jobs while retaining 515 existing jobs. “In every region of the state, we’re seeing companies expand, bolstering both local and regional economies, and creating new jobs and economic opportunities for New Yorkers,” said Empire State Development President, CEO & Commissioner Howard Zemsky. “Corelle Brands’ significant investment to establish the Corning plant as its “Factory of the Future” will solidify the company’s status as a staple of the community for generations to come.” Corelle Brands’ modernization project will transform the facility, historically known as the Pressware Plant, into a new “Factory of the Future” by renovating two production tanks (furnaces), activating a third tank and putting new products on the market for the company’s flagship Corelle® brand. The company, which employs nearly 600 people in New York State, has its products sold in retail stores throughout the United States and high-end retailers in parts of Asia, Europe, and South America. Corelle Brands manufactures and distributes products under trusted brand names such as Corelle®, Corningware®, Pyrex®, Visions®, Chicago Cutlery® and OLFA®. “We are very pleased to be able to make this announcement today to our employees, to the community, and to our dinnerware and bakeware customers around the world. It is fitting to make this significant investment in a facility that has played such an important role in the history of our iconic brands and in the community where these brands were born,” said Kenneth G. Wilkes, President and CEO, Corelle Brands Holdings Inc., and Corelle Brands LLC. “We are committed to continually improve our distinctive products and operations, and help set the standard as a world leader in dinnerware and bakeware. These investments focus on equipping the site with cutting edge product capabilities and process technology to meet the needs of our customers and position the plant to remain globally competitive for the long term. We are thankful for the critical support we are receiving for this project from New York State, the Steuben County IDA and NYSEG.” To encourage Corelle Brands to move forward with this $50 million investment in the Southern Tier, Empire State Development offered a package of performance-based incentives of up to $9 million. Additionally, the Steuben County Industrial Development Authority offered incentives totaling $546,275; and the New York State Electric and Gas Corporation (NYSEG) is providing significant support. Southern Tier Regional Economic Development Council co-chairs Tom Tranter, President, Corning Enterprises and Harvey Stenger, President, Binghamton University said, “The expansion of Corelle Brands strongly aligns with the Southern Tier Soaring strategic plan by strengthening the region’s manufacturing industry and growing good jobs in a downtown area. We’re pleased to see the company making a major investment that will position its facility in Corning at the forefront Corelle Brands' manufacturing and product innovations.” Senator Tom O’Mara said, “This is an absolutely outstanding announcement for the future of jobs and economic development in Corning, Steuben County and the Southern Tier region. It's an exciting long-term commitment that secures a unique position in cutting-edge worldwide manufacturing for our region, and it will stand as an important testament to the quality of our local workforce. It marks the type of state-local-private investment that we hope for and that makes all the difference. We are grateful to Corelle for its ongoing commitment to the region and local workers.” Assemblyman Phil Palmesano said, “First and foremost, thank you to everyone involved in securing this incredible investment in the long-term future of Corning and other local communities, local jobs, local manufacturing and, especially, local workers and their families.  Thank you to Corelle and Corning Incorporated, Empire State Development and the Steuben County IDA, and NYSEG for believing in this area and in the ability of our workers to establish a world leader in modern manufacturing. It's an incredibly exciting leap forward in the world of manufacturing, and we will be fortunate to see it take place right here at home." Mayor of Corning William Boland, Jr. said, “Corelle Brands has been a major employer and important member of our community for decades, and with this project we look forward to decades more. On behalf of the City of Corning, we thank Corelle Brands for making the decision to invest in our city and New York State for ensuring the company continues to grow and create jobs here at home.” Jamie Johnson, Executive Director, Steuben County IDA said, “The Steuben County IDA and its board of directors are proud to support this investment by Corelle Brands into the Factory of the Future. Corelle Brands’ commitment to the community will support more than 500 manufacturing jobs providing a significant economic impact throughout the region.” NYSEG and RG&E President and CEO, Carl A. Taylor said, “The NYSEG business model encourages energy efficient economic growth to help existing businesses expand and attract new investment to New York, while also reinforcing the competitiveness of our manufacturing sector. NYSEG has been actively engaged with Empire State Development, the Steuben County IDA, and other community partners regarding the importance of Corelle Brands expanding its operations in Corning and bringing more jobs to the region. We are proud that our economic development grant assistance to help offset electric infrastructure upgrades needed for this project was instrumental in Corelle Brands' decision to increase its investment in New York.  We congratulate Corelle Brands and wish them continued success.” About Corelle Brands Holdings Inc. Corelle Brands Holdings Inc., together with its subsidiaries, manufactures, develops, and markets consumer bakeware, dinnerware, kitchen and household tools, rangetop cookware, cutlery, and food storage products in North America and throughout the world. It sells its products primarily under the Corelle®, Corningware®, Pyrex®, Visions®, Chicago Cutlery® and OLFA® trademarks on a wholesale basis to mass merchants, department stores, Dot.com retailers, specialty retailers, and grocery chains, as well as on a retail basis through its own retail stores and the Internet. The company was formerly known as WKI Holding Company, Inc. and changed its name to Corelle Brands Holdings Inc. in February 2018. Corelle Brands employs approximately 600 people in New York State and about 3,000 people worldwide, and has major manufacturing and distribution operations in North America and the Asia-Pacific region. Corelle Brands Holdings Inc. was incorporated in 1991 and is based in Rosemont, Illinois. Pyrex and Corningware are registered trademarks of Corning Incorporated, used under license by Corelle Brands LLC. For more information visit www.corellebrands.com.   Accelerating Southern Tier Soaring Today's announcement complements “Southern Tier Soaring” the region’s comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $4.6 billion in the region since 2012 to lay for groundwork for the plan – attracting a talented workforce, growing business and driving innovation. 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 Binghamton, Johnson City and Corning as a destination in which to grow and invest. Now, the region is accelerating Southern Tier Soaring 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 10,200 new jobs. More information is available here.   Contact: Jason Conwall | Jason.Conwall@esd.ny.gov | (800) 260-7313 ESD Press Office | PressOffice@esd.ny.gov | (800) 260-7313
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Blog Post

Thursday, August 23, 2018 - 3:03pm
The warm weather months have been a time of growth: companies have announced expansion and operational milestones, new headquarters locations and project completions; key placemaking initiatives have gone from recommendations to reality; and the craft beverage industry has hit new numbers and boosted its national ranking. Here are just some of the ways the seeds of New York’s holistic, strategic and regionally-informed approach to economic development are bearing fruit:
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Blog Post

Thursday, August 23, 2018 - 2:51pm
New York State’s commitment to bolster its life science ecosystem to encourage the creation of regional clusters continues to move forward, with several significant milestones in the past four months. Three of New York’s top academic research and clinical institutions are collaborating on a groundbreaking partnership – the Empire Discovery Institute (EDI) – to expedite the pathway to licensing and commercialization for early-stage life science research. The not-for-profit drug discovery and development collaborative, announced in May, includes the University of Rochester, University at Buffalo, and Roswell Park Comprehensive Cancer Center. Leveraging the robust research pipelines of these three institutions, EDI will improve the efficiency of early-stage discovery research by focusing effort and funding on discovery candidates that are most likely to succeed, reducing time and risk in early-stage development, as well as cost. Over the next five years, this collaboration, supported by New York State’s Life Science Initiative and in-kind contributions from EDI’s three partners, is expected to generate new patents, new jobs, new companies, and new revenue, while stimulating the Upstate economy. JLABS @ NYC, a life sciences incubator for innovative biotech, consumer health, pharmaceutical and medical device companies, held its grand opening in June. The 30,000-square-foot, state-of-the-art Manhattan facility, operated by Johnson & Johnson Innovation, is located at the New York Genome Center, a not-for-profit research organization that works to translate genomic research into clinical solutions for disease. JLABS is a global network of innovation ecosystems, helping to accelerate and create health and wellness solutions around the world. At any one time, JLABS @ NYC will provide up to 30 life science startups with lab space, equipment and technology needed to move their research closer to commercialization. New York was chosen by JLABS over other potential locations in the U.S. and abroad as the site for this incubator.    To ensure that scientists at the helm of start-up companies have the tools and resources needed to successfully commercialize their discoveries, New York has partnered with IndieBio, the world’s leading bio-accelerator, which is expected to open in New York City next year. Empire State Development chose the highly regarded accelerator, run by venture firm SOSV—one of the world’s most active venture capital firms—following a competitive Request for Proposals, to serve early-stage life science companies in New York. IndieBio will provide bio-entrepreneurs with access to training, expertise, mentor networks and venture capital needed to enable their companies to reach their market and job-generating potential faster -- and further build the state’s vibrant Life Sciences ecosystem. The Governor made the announcement in July.   An innovative public-private research collaboration between the New York State Department of Health Wadsworth Center Laboratory and Regeneron Pharmaceuticals—to advance the diagnosis and treatment of tick-borne diseases—was announced in June. The collaboration will focus on developing improved diagnostics, prophylactics and therapeutics for the diagnosis of tick-borne diseases, with an initial focus on Lyme disease, one of the fastest growing infectious diseases in the United States. The Wadsworth-Regeneron collaboration builds on Governor Cuomo’s commitment to support construction of a new, state-of-the-art public health laboratory in the Capital region that will serve as a magnet for private sector investments and partnerships.
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Blog Post

Thursday, August 23, 2018 - 2:44pm
Global NY’s foreign office representatives– from Canada, Mexico, Europe (U.K.), South Africa, Israel and China—will travel around the state on a trade promotion tour in October to meet with businesses either already in the export market or looking to enter the global marketplace. Together with ESD’s Global NY team, they’ll offer information and one-on-one advice on the resources and opportunities available to New York State businesses interesting in taking their products and services elsewhere in the world. The tour, from Oct. 18 to Oct. 25, will make stops in multiple regions and cities, from Long Island to Western New York. Each stop will feature presentations, with insights into foreign markets, as well as Q&A sessions. The foreign office reps will also be available for individual consultations.  Global NY is a one-stop resource for foreign businesses looking to invest in New York and for New York State businesses that want to export globally.  The Export Experts tour supports New York State's mission to promote the competitiveness, economic impact and activity that come from attracting foreign direct investment (FDI) and introducing NYS businesses to exporting. Click here for the full schedule and to register for one of the sessions.
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Blog Post

Thursday, August 23, 2018 - 2:42pm
New York State's successful tourism industry continues to shine with news of record visitation and economic impact, a full slate of I LOVE NY events and experiences, and growing recognition of all that New York State has to offer visitors—especially the cities of Syracuse and Buffalo. The Numbers:  New York tourism is on a record-breaking run, according to 2017 statistics announced in July during the Governor’s sixth annual Adirondack Challenge. Last year, New York State welcomed a record-high 243.8 million visitors who generated $67.6 billion in direct spending, an all-time high. The total economic impact of tourism reached $108.7 billion, exceeding $100 billion for the fourth straight year. Tourism is now New York State’s third-largest private sector employer. Comedy’s NYS Home: The National Comedy Center, a $50 million state-of-the-art museum dedicated to telling the story of comedy in America, opened Aug. 1 in Jamestown, Chautauqua County, the Western New York hometown of legendary comedian Lucille Ball. The center features exclusive collections and immersive exhibits, an interactive visitor journey through comedy history utilizing cutting-edge personalization technology that creates a customized humor profile for each visitor.   
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Press Release

Thursday, August 23, 2018 - 11:47am
Part of Governor's Comprehensive Approach to Transform Communities into Vibrant Neighborhoods and Boost Local Economies Downtown Revitalization Investments Are Crucial Part of Southern Tier Soaring -The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Andrew M. Cuomo today announced that the Village of Owego will receive $10 million in funding as the Southern Tier winner of the third round of the Downtown Revitalization Initiative. As in the first two rounds of the DRI, one municipality from each of the state's 10 regional economic development regions is selected as a $10 million winner, marking another overall state goal to target $100 million in funding and investments to help communities boost their economies by transforming downtowns into vibrant neighborhoods where the next generation of New Yorkers will want to live, work and raise a family. "Owego's easily accessible, pedestrian-friendly downtown community makes it the ideal neighborhood for revitalization through this transformative initiative," Governor Cuomo said. "With retail, businesses and restaurants right on the waterfront, this investment will unlock Owego's true potential, making it a destination for all New Yorkers and help the Southern Tier continue to soar." Read the full press release here.
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Press Release

Wednesday, August 22, 2018 - 3:49pm
Expo Center and Orange Parking Lot Renovation Lot Marks Completion of Phase 2 of Fairgrounds Revitalization Investments Complement "Central New York Rising" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Andrew M. Cuomo today officially marked the opening the brand-new Exposition Center at the New York State Fairgrounds with a ribbon-cutting ceremony. The 136,000-square-foot Expo Center, the largest indoor events space north of New York City between Boston and Cleveland, was unveiled during the kick-off of the 2018 Great New York State Fair. The new facility, and the recently completed renovation of the Fair's Orange parking lot, complete the second phase of the Governor's plan to revitalize the State Fairgrounds. The improvements complement Central NY Rising, the region's strategy to boost the local economy.  "The new Exposition Center is a welcome addition to the Fairgrounds that will not only help bolster State Fair attendance, but provide an event space capable of hosting a record number of visitors year-round," Governor Cuomo said. "By boosting tourism and attracting businesses from across the country, the uniquely situated Expo Center will deliver lasting economic benefits to keep Central New York rising for generations to come." "The new Expo Center continues the revitalization of the fairgrounds, improving the fair experience and attracting more visitors to our Great New York State Fair," said Lieutenant Governor Kathy Hochul. "The Expo Center's opening today creates a new space to host events and shows capable of holding a record number of people. The new center will continue to build local communities and grow the economy of Central New York." Read the full press release here.
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Blog Post

Monday, August 20, 2018 - 2:38pm
There’s no doubt the robots are coming. In fact, for many businesses, communities and even homes, they’re already here in a variety of forms – and it’s a good thing. For U.S. manufacturers, industrial robotics has become a key, strategic component that helps them design and produce products more efficiently and more safely than ever. More importantly, the integration of collaborative robotics – where machines work with people in a variety of production processes – is actually helping humans do their job better and faster. But integrating these automated machines into existing work environments and enabling them to collaborate operationally with people presents some unique challenges.   Enter the Advanced Robotics for Manufacturing (ARM) Institute. Last year, the U.S. Department of Defense (DoD) provided $80 million in federal funding to launch the ARM Institute to stimulate robotics technology development in manufacturing environments. ARM, a Manufacturing USA® institute, is dedicated to advancing the manufacturing renaissance by creating an ecosystem that drives innovation through robotics while working to accelerate the growth of U.S.-based manufacturing. In Jan. 2017, Rensselaer Polytechnic Institute (RPI) – the Troy-based educational institution – became a founding member of ARM upon its creation. A key player in the robotics industry, RPI co-leads the Mid-Atlantic Regional Robotics Innovation Collaborative (RRIC) with FuzeHub, the New York Manufacturing Extension Partnership center funded by Empire State Development’s Division of Science, Technology and Innovation (NYSTAR). Together, RPI and FuzeHub represent the instrumental role New York State is playing in this important national effort. Through their work, they help small and medium-sized businesses foster the adoption of robotics and address shortcomings in cost and access. The collaboration also helps manufacturers obtain local help and resources, including funding, solution databases and workforce development offerings. Beyond infrastructure and networking support – New York is also taking real-time steps to impact businesses through active projects supported by ARM. In establishing the ARM Institute, the team from New York identified a critical, unmet manufacturing challenge: precision assembly of large composite structures. “These structures are long, wide and flexible, but need to be assembled into even larger structures with very high precision,” explained Glenn Saunders, senior research engineer at RPI, who is working on the project. “The traditional methods used to execute this assembly in the past are too slow, labor intensive and imprecise to be economically viable.”
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Press Release

Monday, August 20, 2018 - 1:20pm
See site plan and renderings here The Erie Canal Harbor Development Corporation (ECHDC) Board of Directors met today and designated a developer to undertake the South Aud Block redevelopment in Buffalo.  Sinatra & Company Real Estate LLC will invest $21 million to build Heritage Point, two mixed-use buildings consisting of ground-floor retail and restaurants with Class “A” office space and residential units on the upper floors.  The Prime Slip and sections of the historic Canal Street and Lloyd Street will also be completed by the developer.   The South Aud Block redevelopment will open by May 2020. “Sinatra & Company’s planned buildings will further activate the site and diversify the neighborhood offerings, attractions and opportunities at Canalside, while retaining historic touches,” said ECHDC Chairman Robert Gioia.  “Heritage Point will serve as a catalyst for additional investment in Canalside and fuel further economic growth in the City of Buffalo.” “The vibrancy at Canalside is palpable,” said Sinatra & Company Real Estate LLC President and Founder Nick Sinatra.  “The leadership at Erie Canal Harbor Development Corporation has been instrumental in creating a vibrant destination to date, and we feel incredibly excited to make our mark to Canalside with the integration of additional hospitality, office and now residential options.” With more than 71,000 gross square feet of space, the mixed-use buildings include up to five floors with an active ground-floor plan that includes several restaurants.  The remaining floors include a total of 41 mixed-income residential units.  The Prime Slip will be evoked through a pedestrian pathway over its former alignment, where it historically linked the Erie Canal with Lake Erie.  The pathway will allow visitors to explore the area while simultaneously educating the public on the significance of the Prime Slip.  The developer will also activate the towpath, sidewalks and Prime Slip with outdoor seating.  The primarily vacant parcels are part of a former superblock that once contained War Memorial Auditorium, a sports and events arena that was demolished by ECHDC in 2009.  Sinatra & Company Real Estate will receive $2 million from ECHDC for capital construction costs related to the Prime Slip and sections of Lloyd Street and Canal Street rights-of-way and canal lighting.  Sinatra will also receive a $2 million loan from the Better Buffalo Fund (BBF).  A key initiative of Governor Cuomo’s revitalization efforts in Western New York, the Better Buffalo Fund aims to create vibrant, mixed-use, high-density neighborhoods, while improving access to the major employment hubs by creating stronger transit and transportation linkages between neighborhoods, employment centers, job training and services. Sinatra & Company Real Estate is a land development and real estate firm founded in Buffalo in 2009 and led by Nick Sinatra.  The company initially invested in the multi-family sector and then diversified into retail, office and mixed-use properties.  Today, the firm is comprised of 70 professionals working on over $425 million in real estate assets and services, including development, reuse, professional brokerage, advisory and property management.  Recent development projects include 945 Kenmore, a ground-up, mixed-use project that employed Brownfield cleanup methods and the Phoenix Brewery Apartments, an adaptive reuse historic project on the Buffalo Niagara Medical Campus.  Nearing completion is Mid-City Apartments, a workforce housing project.  Sinatra & Company is also working on the adaptive reuse of the former Women’s & Children’s Hospital of Buffalo with partner Ellicott Development. About Erie Canal Harbor Development Corporation The ECHDC is governed by a nine-member board consisting of seven voting directors and two non-voting, ex-officio directors. The seven voting directors are recommended by the New York State Governor and are appointed by the New York State Urban Development Corporation d/b/a Empire State Development as sole shareholder of ECHDC. The two nonvoting, ex-officio director positions are held by the Erie County Executive and the City of Buffalo Mayor. As a subsidiary of Empire State Development, the state’s chief economic development agency, the Erie Canal Harbor Development Corporation supports and promotes the creation of infrastructure and public activities at Canalside, the Ohio Street corridor and the Outer Harbor that is attracting critical mass, private investment and enhance the enjoyment of the waterfront for residents and tourists in Western New York. Its vision is to revitalize Western New York’s waterfront and restore economic growth to Buffalo based on the region’s legacy of pride, urban significance and natural beauty. For more information on ECHDC, visit www.eriecanalharbor.com.     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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