Mohawk Valley

A strategic location is just one of the advantages this growth-focused, innovation-rich environment can offer your business.

Tech, manufacturing and more are making inroads in the Mohawk Valley

Building on its own unique regional assets, the Mohawk Valley offers a competitive business climate with its exceptional quality of life, strategic location along the Erie Canal, and six counties at the geographic center of upstate New York linking all the major metropolitan areas together. In addition, businesses will find a wealth of academic and research institutions and major industry clusters that drive innovation and success, with notable advances in cybersecurity. Mohawk Valley is a landscape of opportunity for business.

$1.98B

spent by visitors in 2017

1

of 40 colleges honored — Mohawk Valley C.C. was recognized by the NSA and Department of Homeland Security for cyber defense excellence

2.5%

new net income tax for small businesses — the lowest rate since 1917 — down from 6.5%

Key facts

Here’s a look at the reasons why businesses of all kinds are thriving in the Mohawk Valley region:

  • Hiring is underway and construction plans are on schedule for Cree Inc.’s $1 billion 200mm silicon carbide wafer (SiC) fabrication facility, the Mohawk Valley Fab. In September 2019, Governor Cuomo announced a public-private partnership with Cree, a global leader in silicon carbide (SiC) technology, for creation of the state-of-the-art facility to produce power electronics chips. The company has committed to create more than 600 full-time jobs. Cree is currently leasing space on the SUNY Polytechnic Institute campus in Albany. 
  • The region’s robust business environment draws major employers as diverse as MetLife, Bank of New York Mellon, ECR International Inc., the nationally acclaimed Brewery Ommegang, Briggs & Stratton, Indium Corporation, and distribution centers for Walmart, Target, Family Dollar, Tractor Supply, Orgill and Dollar General.
  • Thriving industry clusters are building around distribution, materials processing, industrial machinery and services, agriculture, financial services, information and technology and semiconductors.
  • Cybersecurity has become a keystone industry base here, with firms such as AFRL, PAR Technology, BAE Systems, ITT Industries, Black Rivers Systems, Assured Information Security, and Booz Allen-Hamilton all in the region.
  • Utica College has the expertise to create the first cyber-nano test range in the nation for use in the private sector — cybersecurity professionals in the Mohawk Valley (and throughout NYS) will be able to test computer systems to gauge their reactions to security threats.
  • Direct access to markets in Canada, Pennsylvania, New York City and Buffalo allows businesses to expand their reach, while proximity to north-south interstate highways simplifies logistics.
  • Griffiss International Airport is one of seven national sites testing the commercial use of unmanned aerial systems, an effort led by NUAIR (Northeast UAS Airspace Integration Research Alliance).
  • The region’s workforce is being fine-tuned through a $1 million joint training program between Herkimer College and the New York Power Authority (NYPA). The partnership will train Mohawk Valley residents for jobs at NYPA and upgrade training of current NYPA workers.

The Mohawk Valley regional office works hand-in-hand with new and existing businesses to help identify program funding to support business growth and expansion. Below, explore the wide range of economic development programs that are available for building new facilities, relocating a business, expanding operations and workforce and entering new markets and international arenas.

Explore opportunities in the Mohawk Valley

Visit the Mohawk Valley Regional Economic Development Council site to see strategic plans, current projects and the latest economic data, plus access funding applications and more.

 

Regional Office

Mike Reese
Regional Director
207 Genesee Street
16th Floor
Utica New York 13501
  • Mohawk Valley