ESD Announces L3 Link Training & Simulation Will Move to New Modernized Facility in Broome County

State Investment in Successful Company Complements “Southern Tier Soaring” - The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy

November 20, 2018

Empire State Development (ESD) today announced that L3 Link Training & Simulation is moving its operations to a facility on Industrial Park Drive near its existing facility in the Town of Kirkwood, Broome County. The company, which is a global leader in aviation training and simulation and intelligence, surveillance and reconnaissance (ISR) other communications and electronic systems, plans to add to an existing structure and will occupy a total of 105,000 square-feet of space on site. L3 expects to move all 120 employees to the new location and will create at least 13 new jobs. The company plans to be operating at the new facility in the first quarter of 2019, with the entire project set for completion by August. Supporting successful, innovative companies is central to the regionally designed Southern Tier soaring economic development plan. 

Empire State Development President, CEO & Commissioner Howard Zemsky said, “Global tech leaders such as L3 Link Training & Simulation are choosing to expand in the Southern Tier thanks to the talent pipeline and support from strategic investments that are building a regional ecosystem for job growth and success.”

L3 is an agile innovator and leading provider of global ISR, communications and networked systems, and electronic systems for military, homeland security and commercial aviation customers. With headquarters in New York City and approximately 31,000 employees worldwide, L3 develops advanced defense technologies and commercial solutions in pilot training, aviation security, night vision and EO/IR, weapons, maritime systems and space. The company reported 2017 sales of $9.6 billion.

“Moving to this new facility reinforces our position as a leader in aviation training and simulation and will help us continue to make valuable contributions to both the Binghamton economy and military training,” said Lenny Genna, President of L3 Link Training & Simulation, a division of L3 Technologies. “An important part of L3’s heritage began in Binghamton nearly a century ago with pilot training pioneer Ed Link. We look forward to continuing to operate here with the strong support the local and state legislators and development leaders who helped make this move possible.”

In order to ensure that L3 Link Training & Simulation remained in New York State, ESD is providing up to $1.5 million through a Regional Council Capital Fund Grant and through the Excelsior Jobs Program in exchange for job creation commitments.  The Agency will also provide incentives for the project. The total project cost is placed at $9.46 million.

Southern Tier Regional Economic Development Council Co-Chairs Tom Tranter, President of Corning Enterprises and Harvey Stenger, President of Binghamton University said, "L3 Link Training & Simulation continued growth further builds on the economic momentum we have worked so hard to create by further positioning our region as a global leader in high-tech industries. We wholeheartedly congratulate this innovative company on its further expansion in the region as it continues to provide high-quality jobs and careers for the men and women in the community, ensuring that the Southern Tier continues to soar.”

State Assemblywoman Donna Lupardo said, “L3 Link Training & Simulation has been a leader in our region’s high-tech industry for the better part of a century; investing in homegrown businesses such as Link is key to local job growth. This is the latest example of the success of our region’s collaborative approach to rebuilding our economy. I appreciate Link’s commitment to our community and the State’s ongoing effort to support local industry.”

State Assemblyman Clifford Crouch said, “I am thrilled to see L3 Link Training and Simulation move to a new modern facility. L3 Link Training and Simulation is one of the top aviation training, simulation and intelligence companies in the world. It has a long and rich history in the Southern Tier, and I am excited to see it continue to invest in our region, ensuring good jobs and opportunities stay here.”

Broome County Executive Jason Garnar said, "Broome County congratulates L3 Link Training & Simulation on its expansion and new facility in Kirkwood. This is great news for our entire region! The company is a leader in the global tech industry and we are thankful for their investment in creating new jobs, spurring economic opportunity and their continued commitment to calling Broome County their home."

For more information about L3 Link Training & Simulation, click here.

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 $6.2 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:
Shari Voorhees-Vincent | [email protected] | (585)399-7055
ESD Press Office | [email protected] | (800) 260-7313

Empire State Development Announces Official Grand Opening for New Wayfair Sales & Service Center in Chemung County

Leading E-commerce Retailer Commits to Creating 450 New Jobs; Investment Complements “Southern Tier Soaring” - The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy

October 30, 2018

Empire State Development (ESD) today announced that Wayfair, a leading e-commerce retailer, has officially opened its state-of-the-art sales and service center in Big Flats, Chemung County. The company plans to create up to 450 new, full-time jobs in the Southern Tier region over the next three years across a variety of management, sales and service roles. So far, the company has hired 250 employees who are already working on site. The company renovated a vacant building at Corporate Park in the town of Big Flats. Investing in successful companies supports the strategy of the Southern Tier Soaring initiative which is working to revitalize communities by supporting the regional economy.

Empire State Development President, CEO & Commissioner Howard Zemsky said, "Wayfair's commitment to invest millions of dollars and create hundreds of jobs in the Southern Tier reflects the success of our strategic investments in the region, aimed at attracting new businesses and strengthening the economy for the long term.”

Founded in 2002 by Cornell University graduates Steve Conine and Niraj Shah, Wayfair is one of the world’s largest online retailers of home furnishings, décor and home improvement products. The company is headquartered in Boston, Massachusetts and employs more than 9,700 people with operations throughout North America and Europe. The Wayfair family of sites includes Wayfair, Joss & Main, AllModern, Birch Lane and Perigold.

“We are excited to join the Chemung County community and contribute to the ongoing economic development in the region,” said Niraj Shah, CEO, co-founder and co-chairman, Wayfair. “Wayfair’s success is built on our commitment to provide customers with an exceptional shopping experience. The Big Flats team will ensure we continue to deliver on that promise to customers by making shopping for home fast, easy and fun. We look forward to sharing Wayfair’s great workplace culture and company values with new team members and the greater community.”

To encourage this project to move forward in the Southern Tier, ESD has offered performance-based incentives totaling up to $4.5 million, which includes a $3 million grant and $1.5 million in Excelsior Jobs Program tax credits. The incentives are tied to Wayfair’s job creation and investment commitments, including employing at least 450 people at the facility. The total cost of the project is approximately $8.1 million.

Southern Tier Regional Economic Development Council Co-Chairs Tom Tranter, President & CEO of Corning Enterprises and Harvey Stenger, President of Binghamton University said, “The regional council is committed to supporting the growth of successful businesses like Wayfair which was founded by two entrepreneurs who spent their collegiate years in the Southern Tier. The regionally designed Southern Tier Soaring economic development plan is truly making a difference, spurring economic development and creating good jobs for the region.”

Senator Tom O’Mara said, "We are grateful to welcome Wayfair to Big Flats and the Southern Tier. Needless to say, we are excited about this significant investment in the economic future of the Southern Tier region and potentially hundreds of meaningful new jobs for area workers."

Chemung County Executive Tom Santulli said, “The opening of the new Wayfair Sales and Service Center is fantastic news for the residents of Chemung County and the Southern Tier. Wayfair’s entry into our region’s workforce will created 450 new full-time jobs that will have a major positive impact on our economy. I want to personally thank Governor Cuomo and Empire State Development for their continued support and financial investment in the Southern Tier.”

Big Flats Town Supervisor Ed Fairbrother said, “Big Flats is proud to officially welcome Wayfair to the community. We are thrilled that this well-respected company saw the benefits of opening their new state-of-the-art sales and service center here. I am grateful to the Governor and to Empire State Development for helping to ensure that this incredibly successful company will no doubt become a key player in our local economy.”

For more information about Wayfair, click here.

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:
Shari Voorhees-Vincent | [email protected] | (585)399-7055
ESD Press Office | [email protected] | (800) 260-7313

ESD Announces Schedule for REDC’s Presentations to Strategic Implementation Assessment Team

All 10 regions will present their 2018 proposals and provide progress updates to NYS Review team

October 22, 2018

Presentations will be streamed live online at www.regionalcouncils.ny.gov

Empire State Development today announced the schedule for this year’s Regional Economic Development Council presentations to the Strategic Implementation Assessment Team, which is led by Secretary of State Rossana Rosado and composed of state officials.

Empire State Development President, CEO & Commissioner Howard Zemsky said, “The SIAT presentations give regions an opportunity to make their best pitches for support of their strategies and the priority projects in their communities that reflect a shared commitment to shaping a thriving and sustainable New York State economy.”

The schedule follows:

Tuesday, October 23
Location: Mohawk Valley Community College, Rome Campus
1101 Floyd Ave
Rome, NY 13440

Regions Presenting:

  • 9 a.m. - Mohawk Valley
  • 10:30 a.m. - North Country
  • 1 p.m. - Capital Region
  • 2:30 p.m. - Central NY

Friday, October 26
Location: NYPA Building, Jaguar Room
123 Main Street
White Plains, NY 10601

Regions Presenting:

  • 9 a.m. - Mid-Hudson
  • 10:30 a.m. - Long Island
  • 1 p.m. - New York City

Friday, November 2
Location: Monroe Community College, Brighton Campus
1000 East Henrietta Road
Rochester, NY 14623

Regions Presenting:

  • 9 a.m. - Finger Lakes
  • 10:30 a.m. - Western NY
  • 1 p.m. - Southern Tier 

Representatives from each region will provide an in-person presentation to the SIAT, including updates on their strategic plan goals, progress achieved on priorities and projects funded in previous rounds, and outlines of their round VI strategies. The presentations will be followed by questions from the review team.

The SIAT team includes Rossana Rosado, Secretary of State, NYS Department of State (DOS); RoAnn Destito, Commissioner, New York State Office of General Services (OGS); Matt Driscoll, Acting Executive Director, NYS Thruway Authority; Roberta Reardon, Commissioner, Department of Labor (DOL); Sabrina Ty, President and CEO, New York State Environmental Facilities Corporation (EFC); RuthAnne Visnauskas, Commissioner, NYS Homes and Community Renewal; Richard Ball, Commissioner, NYS Department of Agriculture and Markets; and Brian Stratton, Director, NYS Canal Corporation.

Round VIII of the REDC initiative will award more than $750 million in state funding and tax incentives, including up to $150 million in capital grants and up to $75 million in Excelsior Tax Credits for projects and activities identified by the Councils as regional priorities in their communities. Additionally, over $525 million from state agency programs will be awarded through the CFA process.  Funding awards will be announced by the end of the year.

The REDC process has transformed New York State government’s approach economic development, creating a statewide framework for bottom-up, regional economic growth and streamlining the state funding application process.  Since 2011, the first year of the initiative, over $5.4 billion has been awarded to more than 6,300 projects that are projected to create and retain more than 220,000 jobs statewide.

2018 REDC Competition
In 2018, all 10 REDCs will be competing for a designation as a Top Performer. Five Top Performers will be selected and will receive up to $20 million in Empire State Development Capital Grant funding, with the remaining five regions receiving up to $10 million in Empire State Development Capital Grant funding.  Each region will also receive $10 million to implement projects identified through the Downtown Revitalization Initiative, and projects from all 10 regions submitted through the CFA will be eligible for over $525 million in other state agency funds.

About the Consolidated Funding Application
As part of Governor Cuomo’s efforts to improve the state’s economic development model, a NYS Consolidated Funding Application (CFA) was created to streamline and expedite the grant application process. The CFA process marks a fundamental shift in the way state resources are allocated, ensuring less bureaucracy and greater efficiency to fulfill local economic development needs. The CFA serves as the single entry point for access to economic development funding, ensuring applicants no longer have to slowly navigate multiple agencies and sources without any mechanism for coordination. Now, economic development projects use the CFA as a support mechanism to access multiple state funding sources through one application, making the process quicker, easier, and more productive. To access the CFA, please visit https://apps.cio.ny.gov/apps/cfa/.

About the Regional Economic Development Councils
The Regional Economic Development Council (REDC) initiative is a key component of Governor Cuomo's approach to State investment and economic development. In 2011, Governor Cuomo established 10 Regional Councils to develop long-term strategic plans for economic growth for their regions. The Councils are public-private partnerships made up of local experts and stakeholders from business, academia, local government, and non-governmental organizations. The Regional Councils have redefined the way New York invests in jobs and economic growth by putting in place a community-based, bottom up approach and establishing a competitive process for State resources.  After seven rounds of the REDC process, over $5.4 billion has been awarded to job creation and community development projects consistent with each region’s strategic plans, projecting to create and retain more than 220,000 jobs. For more information on the Regional Councils, visitwww.regionalcouncils.ny.gov.

 

Contact:
ESD Press Office | [email protected] | (800) 260-7313

Empire State Development Encourages Travel During Columbus Day Path Through History Weekend

Hundreds of Columbus Day Weekend Events Planned to Showcase State's History; Program Encourages Heritage Travel and Tourism Across the State

October 4, 2018

Empire State Development (ESD) and I LOVE NY, New York State's Division of Tourism, are encouraging residents and visitors to experience hundreds of events scheduled for the upcoming Path Through History Weekend, scheduled for October 6-8. I LOVE NY will continue to highlight Path Through History Weekend events on its website, social media platforms, and the award-winning I LOVE NY app.

ESD President, CEO and Commissioner Howard Zemsky said, "With hundreds of years of rich history, New York State has been instrumental in many of the events and ideals that helped to shape America. I would encourage everyone to plan a trip to experience the culture of our Path Through History attractions."

Introduced by Governor Andrew M. Cuomo in 2012, the Path Through History initiative uses 13 themes to organize more than 700 heritage sites across the state, including an unparalleled network of museums, historic sites and cultural institutions. Path Through History Weekend showcases the state's rich heritage and will feature hundreds of events at historic and cultural destinations statewide. The first 2018 Path Through History Weekend was held in June to coincide with Father's Day and featured more than 500 events statewide.

New York State Executive Director of Tourism Ross D. Levi said, "Fall is already an amazing time to explore New York, and the opportunity to experience hundreds of events at historical sites across the state is icing on the cake. Whether your interest is the American Revolution, colonial history, civil rights or one of our other Path Through History themes, there is an event to form the cornerstone of a great holiday weekend New York getaway for you and your family."

Notable Columbus Day Path Through History Weekend events from New York’s eleven vacation regions include:

The Adirondacks
Fort Ticonderoga (Ticonderoga) is commemorating the Campaign of 1781, when the Royal Navy and British soldiers pushed south from Canada. They anchored and encamped at Ticonderoga, holding this strategic strait as raids continued southward. Fort Ticonderoga will focus on the sailors of the Royal Navy and the soldiers of the 29th Foot who worked closely together to propagate British power and politics.

Capital–Saratoga
At Johnson Hall State Historic Site (Johnstown), visitors will travel back in time to the 18th century and learn what it took to hunt, harvest and preserve enough food to last through the cold, harsh winters. Period-specific hunting and harvesting equipment will be on display, with interpreters providing demonstrations.

The Catskills
Bethel Woods Center for the Arts (Bethel) is hosting Legends in the Sky, a stargazing party. At this family friendly event, attendees can hear stories about the stars, learn astronomy facts, and create their own constellations from family myths and hopes for the future.

Central New York
The Northeast Classic Car Museum (Norwich) features more than 170 vehicles, featuring New York State-made cars like the Chenango Camper from Norwich, and Franklin Automobiles, made in Syracuse from 1906-1934. On October 7, the museum will host a LEGO car building contest for kids ages 3-18. Participating children will receive FREE admission to the museum when they bring in their assembled LEGO cars for display.

Chautauqua–Allegheny
Johnson Estate Vineyards (Westfield) invites visitors to experience New York's picturesque fall foliage and learn about winemaking. The walking tour explores the history of wine in New York State against the backdrop of the hillsides in their colorful autumn foliage.

Finger Lakes
Phelps Mansion (Binghamton) was built during America's Gilded Age as part of the city's "Mansion Row." The home, once part of a neighborhood full of beautiful homes, is the last of its neighbors and open for tours. It was designed by Isaac G. Perry, one of the state’s most famous 19th century architects, known for his work on the New York State Capitol.

Greater Niagara
Cobblestone Museum (Albion) will host its second annual Ghost Walk. Tour guides will lead you on a walking tour of 10 different National Historic Landmarks on the Museum's campus, including the oldest cobblestone church in North America. Along the way, guests will "meet" apparitions of notables like Horace Greeley, George Pullman and Grace Bedell.

Hudson Valley
The FASNY Museum of Firefighting (Hudson) is hosting Dalmatian Day. The annual Bob McKinney Memorial Fire Prevention Event will feature live Dalmatians as part of the day's activities to teach children about fire safety.

Long Island
Rise of the Jack O'Lanterns (Old Westbury) will feature thousands of illuminated jack o'lanterns at Historic Old Westbury Gardens. Organizers are doubling the number of carved pumpkins over 100 pounds, each one requiring more than 10 hours to carve to perfection. Multi-pumpkin structures, consisting of dozens of illuminated jack o’lanterns, are assembled into life-sized pieces of art include dinosaurs, dragons and animals.

New York City
The Flushing Friends' Meetinghouse (Queens), the oldest house of worship in New York which dates back more than 300 years, is hosting tours and an open house. It is associated with the 1657 Flushing Remonstrance, a protest movement to resist persecution of religious minorities by Dutch Governor, Peter Stuyvesant. It eventually led to the precedent for the First Amendment to the United States Constitution.

Thousand Islands–Seaway
Starr Clark Tin Shop (Mexico) was once owned by Starr Clark and his wife, Harriet Loomis Clark, who were abolitionists and Underground Railroad activists. Visitors can tour the home and learn more about the couple who, from late 1832 until the Civil War, welcomed freedom seekers by offering housing for them and providing transportation to the next station.

Since 2011, New York State has made unprecedented investments in the tourism industry statewide, leading to historic levels of visitors and direct spending. Last year, New York welcomed a record 243.8 million visitors who spent $67.6 billion, generating a total economic impact of more than $100 billion for the fourth straight year. Tourism is now the state's third largest employer, supporting 938,800 jobs annually.

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.

About New York State
New York State features 11 beautiful vacation regions. New York’s attractions feature landmarks such as Niagara Falls, the largest park in the continental U.S. in the Adirondacks and treasures such as the Baseball Hall of Fame in Cooperstown and the Corning Museum of Glass. New York State offers diverse activities for all: outdoor fun - snowmobiling, skiing and snowboarding, fishing, hiking and boating, year-round festivals and exploring the rich history and culture of one of the 13 original colonies. Visitors also enjoy the fine cuisine, beverage trails and farm-to-table fresh foods. For more information, visit iloveny.com.

Southern Tier Regional Economic Development Council Submits 2018 Annual Report

STREDC Endorses 29 Priority Projects for Round VIII of Governor Cuomo’s Regional Economic Development Council Initiative

October 3, 2018

The Southern Tier Regional Economic Development Council (STREDC) today announced it has submitted its 2018 Progress Report to the State to meet the October 1 deadline.  The report details the Council’s achievements in implementing its five-year, Southern Tier Soaring strategic plan and reflects progress on efforts to ensure sustainable and long-term growth in the eight-county region and to leverage the region’s advantages in key industry sectors.

In furtherance of these goals, strategies and initiatives, the report recommends 29 priority projects to advance the region’s growth objectives. These projects represent a total proposed state investment of at least $20 million, leveraging $ 88.3 million in private and other funding for total project expenses of more than $108 million with a return on investment of 4 to 1, or 18.8 percent of the total project costs.

Detailed information about the STREDC’s 2018 endorsed priority projects is available in the progress report at www.regionalcouncils.ny.gov.

Southern Tier Regional Economic Development Council Co-Chairs Tom Tranter, President of Corning Enterprises and Harvey Stenger, President of Binghamton University said, “The state support we have received over the last seven years has truly facilitated our region’s transformation and has accelerated our momentum in helping the Southern Tier to soar. The enthusiasm and commitment of all council members is certainly evident in the 2018 annual report. We remain united for success, and our results show that we are realizing our shared vision to extend economic opportunities to all of the region’s residents.”

Round VIII of the REDC initiative will award more than $750 million in state funding and tax incentives, including up to $150 million in capital grants and up to $75 million in Excelsior Tax Credits for projects and activities identified by the Councils as regional priorities in their communities. Additionally, over $525 million from state agency programs will be awarded through the CFA process.  Funding awards will be announced by the end of the year.

By incentivizing the implementation of the strategic plans, the REDCs – composed of leaders from business, educational institutions, local governments, not-for-profit groups and other stakeholders – are further motivated to work together to accomplish the regional vision. The competition emphasizes performance and action to implement strategies, which encourages cooperation among the REDCs and representatives of the community that is critical to achieving successful economic development.

The REDC process has transformed New York State government’s approach economic development, creating a statewide framework for bottom-up, regional economic growth and streamlining the state funding application process.  Since 2011, the first year of the initiative, over $5.4 billion has been awarded to more than 6,300 projects that are projected to create and retain more than 220,000 jobs statewide.

2018 REDC Competition
In 2018, all 10 REDCs will be competing for a designation as a Top Performer. Five Top Performers will be selected and will receive up to $20 million in Empire State Development Capital Grant funding, with the remaining five regions receiving up to $10 million in Empire State Development Capital Grant funding.  Each region will also receive $10 million to implement projects identified through the Downtown Revitalization Initiative, and projects from all 10 regions submitted through the CFA will be eligible for over $525 million in other state agency funds.

About the Consolidated Funding Application
As part of Governor Cuomo’s efforts to improve the state’s economic development model, a NYS Consolidated Funding Application (CFA) was created to streamline and expedite the grant application process. The CFA process marks a fundamental shift in the way state resources are allocated, ensuring less bureaucracy and greater efficiency to fulfill local economic development needs. The CFA serves as the single entry point for access to economic development funding, ensuring applicants no longer have to slowly navigate multiple agencies and sources without any mechanism for coordination. Now, economic development projects use the CFA as a support mechanism to access multiple state funding sources through one application, making the process quicker, easier, and more productive. To access the CFA, please visit https://apps.cio.ny.gov/apps/cfa/.

About the Regional Economic Development Councils
The Regional Economic Development Council (REDC) initiative is a key component of Governor Cuomo's approach to State investment and economic development. In 2011, Governor Cuomo established 10 Regional Councils to develop long-term strategic plans for economic growth for their regions. The Councils are public-private partnerships made up of local experts and stakeholders from business, academia, local government, and non-governmental organizations. The Regional Councils have redefined the way New York invests in jobs and economic growth by putting in place a community-based, bottom up approach and establishing a competitive process for State resources.  After seven rounds of the REDC process, over $5.4 billion has been awarded to job creation and community development projects consistent with each regions’ strategic plans, projecting to create and retain more than 220,000 jobs. For more information on the Regional Councils, visit www.regionalcouncils.ny.gov.

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 $6.2 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:
Shari Voorhees-Vincent | [email protected] | (585) 399-7055
Press Office | [email protected] | (800) 260-7313

Empire State Development Announces $1.75 Million to Create New Lithium-ion Battery Recycling Facility

Partnership Between SungEel HiTech and Metallica Commodities Corp. Will Create at Least 86 New Jobs

September 27, 2018

Investment Complements "Southern Tier Soaring" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy

Empire State Development (ESD) today announced $1.75 million for SungEel MCC Americas (SMCC), a partnership between South Korean recycling company SungEel HiTech and White Plains-based e-recycler and broker Metallica Commodities Corp., to create a new lithium-ion battery recycling facility in the former IBM complex in Endicott, Broome County. The initial project aims to recycle 3,000 tons of spent lithium-ion batteries annually and will create at least 86 new hi-tech manufacturing jobs with average salaries of over $50,000. The new facility will complement the Imperium3 New York, Inc. giga-factory on the Broome Campus in Endicott, which will make lithium-ion batteries. The partnership builds on the success of the regionally-designed Southern Tier Soaring Upstate Revitalization Initiative, which is working to revitalize communities and grow the local economy.

ESD President, CEO and Commissioner Howard Zemsky said, “Throughout the Southern Tier, companies are finding innovative new uses for existing facilities. This international partnership recycling lithium-ion batteries will foster the supply of a product in high demand and expand the thriving energy storage industry in the region.”

SungEel HiTech will provide the recycling technology and Metallica Commodities Corp. will broker incoming batteries and the products of the new business. ESD will provide a $750,000 Capital Grant toward M&E, and a $1 million Excelsior Tax Credit. In total, the company will invest $22 million on specialized M&E and $1.3 million on construction and renovation. The essential recycling and recovery of lithium-ion batteries will help ensure continued access to precious and limited supplies of materials used to make the batteries.

The investment adds to the revitalization happening at the former IBM campus, which is now home to new and innovative companies which are being supported through the Southern Tier Soaring plan.

Danish Mir, COO of Metallica Commodities Corp. said, “We are excited to be at the forefront of lithium-ion battery recycling in the United States and to create quality, hi-tech, green jobs in our home state of New York.  The State’s energy storage initiative makes the Southern Tier an obvious choice.  We look forward to leveraging the region’s educational institutions, technological resources, and manufacturing tradition to add to the incredible progress New York State has made in energy storage technology.”

The state has invested heavily in the clean energy industry in the Southern Tier. This week, the state announced the winners of the 76West Clean Energy Competition, one of the largest competitions in the country that focuses on supporting and growing clean-energy businesses and economic development. Rochester-based EkoStinger, which manufactures under-trailer aerodynamic devices for tractor trailers that reduce emissions and save fuel, was named the $1 million grand prize winner and will expand its operations to the Southern Tier. A total of $2.5 million was awarded to six innovative companies. In October 2017, the state announced that Imperium3 New York, Inc., a consortium of businesses spearheaded by three Southern Tier companies, will establish research and development and production operations at the Huron Campus in Endicott, Broome County. The consortium will invest more than $130 million and create at least 230 new jobs over the next five years.

The clean energy industry and ancillary industries in the Southern Tier, which have a long history there, have benefited both from organic growth based off regional expertise and incentives from the state. Stan Whittingham, inventor of the modern-day lithium-ion battery, began teaching as a professor at Binghamton University in 1988.

Broome County Executive Jason Garnar said, “Any day you find out more jobs are coming to your county is a great day. This announcement is another major win for Endicott and Broome County! Thanks to the continued, hard work of Empire State Development and Governor Cuomo, this community is being revitalizing and our local economy is being transformed. We are attracting innovative companies are who recognizing the great benefits of doing business in the Southern Tier and with that, bringing much-needed jobs to our community.”

Assemblywoman Donna Lupardo said, “This new recycling facility will complement the work being done by Imperium3 New York in Endicott, as well as ongoing research on lithium-ion batteries by Binghamton University. High-tech manufacturing was a cornerstone of the region’s economy for many years and this announcement marks another step towards its rebirth in Broome County.”

Mayor John Bertoni said, “The Village of Endicott looks forward to another key step in the revitalization of the business climate of Endicott.  I would like to thank Empire State Development and Huron Campus for their continued efforts to bring back jobs to our community and grow our local economy. This new facility will be a great complement to the already announced Imperium3NY factory that will also be located on the Huron campus. I look forward to the bright future of The Village of Endicott.”

Dr. William Acker, Executive Director of the New York Battery and Energy Storage Technology Consortium (NY-BEST) said, “Battery recycling is a critical component of the supply chain for the energy storage industry. NY-BEST is excited to join Empire State Development in welcoming SungEel MCC Americas as an important new addition to New York’s rapidly expanding battery and energy storage ‘ecosystem.’”

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 destinations 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:
Shari Voorhees-Vincent | [email protected] | (585) 399-7055
ESD Press Office | [email protected] | (800) 260-7313

Governor Cuomo Announces 32 Projects to be Funded Through the $20 Million Greater Binghamton Fund

Strategic Economic Investment Plan Will Fund Key Projects in Binghamton, Johnson City and Endicott

September 25, 2018

Investments Will Be Funded through "Southern Tier Soaring" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy

Governor Andrew M. Cuomo today announced that 32 projects have been awarded funding through the $20 million Greater Binghamton Fund. The initiative, first announced by the Governor in August of 2017, will facilitate key economic development projects in Binghamton, Johnson City and Endicott as outlined in the Southern Tier Soaring Upstate Revitalization Initiative plan. The Greater Binghamton Fund aims to transform targeted urban centers, or "iDistricts," into communities where the next generation of workers want to live, work, and play. The fund will support innovative and creative projects, including mixed-use and mixed-income developments, private retail and commercial development, and smart growth technologies will be implemented through infrastructure and streetscape improvements.

"The Greater Binghamton Fund is a game changer for the entire region, providing opportunities for development and revitalization," Governor Cuomo said. "It will help create an environment for businesses to expand and grow and attract top notch employees, supporting the vitality of the Southern Tier as it continues to soar."

"The Greater Binghamton Fund is leveraging significant private investment to fund transformative projects in Binghamton, Endicott, and Johnson City," said Lieutenant Governor Kathy Hochul, who made today's announcement. "Upstate New York is moving forward like never before because of our unprecedented focus on economic development and job creation. This fund supports new jobs, new affordable housing, and streetscape improvements to continue the revitalization of the Southern Tier."

Read the full press release here. 

Governor Cuomo Announces Winners of 76West Clean Energy Competition

Rochester-Based EkoStinger Named $1 Million Grand Prize Winner - Will Expand Business to the Southern Tier; Grow Southern Tier's Clean Energy Economy

September 25, 2018

Competition Complements "Southern Tier Soaring" - the Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy

Governor Andrew M. Cuomo today announced the six winning companies of the 76West Clean Energy Competition, one of the largest competitions in the country that focuses on supporting and growing clean energy businesses and fostering economic development. Rochester-based EkoStinger, which manufactures under-trailer aerodynamic devices for tractor trailers that reduce emissions and save fuel, was named the $1 million grand prize winner and will expand its operations to the Southern Tier. The competition complements "Southern Tier Soaring," the region's comprehensive strategy to generate robust economic growth and community development.

"The 76West Competition is attracting some of the most innovative entrepreneurs to the Southern Tier, spurring economic growth while advancing our State's clean energy economy," Governor Cuomo said. "Congratulations to EkoStinger and the rest of the 76West winners who are bringing jobs to this region and ensuring New York remains at the forefront of the fight against climate change."

A total of $2.5 million was awarded to six innovative companies. Lieutenant Governor Kathy Hochul announced the winners at an awards ceremony in downtown Binghamton today, joined by more than 100 elected officials, entrepreneurs and local business leaders. The event also named a $500,000 winner and four $250,000 winners. The New York State Energy Research and Development Authority administers the competition.

Read the full press release here. 

ESD Announces Amphenol Aerospace Will Establish Solar Farm in Delaware County

Interconnect Products Manufacturer Repurposing Part of Industrial Campus Devastated by Flooding in 2006 and 2011

September 18, 2018

Investment Complements “Southern Tier Soaring” - The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy

Empire State Development (ESD) today announced that Amphenol Aerospace, one of the world's largest manufacturers of interconnect products for the military, commercial aerospace, and industrial markets, will construct a 5-megawatt solar farm on its industrial campus in the Town of Sidney, Delaware County. The new solar farm, which will utilize a large land site in the Village that would otherwise be unusable because it is located in a floodplain, will provide power to the rest of Amphenol’s operations and will promote stability of the electrical supply as the power generated goes back into the grid-especially during peak usage periods in the summer. The total project cost has been placed between $14 and $15 million.

“Amphenol Aerospace’s resilience and resurgence has been tremendous and we’re proud to support their continued commitment to the Southern Tier,” said Empire State Development President, CEO & Commissioner Howard Zemsky. “This is a great example of a business making a forward-thinking investment that will not only help their bottom line but benefit the local community and our environment.”

In 2012, to ensure Amphenol Aerospace maintained its presence in New York State after the devastation it experienced during flooding in 2006 and 2011, Empire State Development, the New York State Energy Research and Development Authority (NYSERDA), New York State Homes & Community Renewal (HCR) and local officials offered support totaling more than $32 million to construct a new manufacturing facility. Thanks to that support, more than 1000 jobs have been retained in the region.

Ryan Fisher, General Manager of Amphenol Aerospace Operations, a division of Amphenol Corporation said, “New York State and ESD have been wonderful partners in helping secure a sustainable future on the former site of our factory.  Their additional financial support provided critical monies needed to complete our investment in a project that not only puts to productive use our former site, but provides environmentally friendly, low cost electricity to our facilities.  Truly a win for our customers, employees and community.”

In 2011, the flooding caused by Hurricane Irene resulted in millions of dollars in damage to Amphenol’s operations in Sidney, forcing the company to build a new plant. Since then, the site of the former plant has been deemed undevelopable. Amphenol Aerospace will now abate, demolish and construct a 5-megawatt solar farm on the site, which will provide the energy equivalent to powering 832 homes annually. To assist the company with its plan to build the solar farm, ESD has offered a performance-based grant of up to $1.25 million, as recommended by the Southern Tier Regional Economic Development Council.

Increasing the use of solar supports the mandate that 50 percent of the state’s electricity come from renewable resources by 2030. Administered by NYSERDA, the $1 billion NY-Sun initiative is designed to scale-up solar and move the state closer to having a sustainable, self-sufficient solar industry. Since 2011, solar in New York State has increased more than 1,000 percent and leveraged nearly $2.8 billion in private investments. There are more than 12,000 people engaged in solar jobs across New York.

Alicia Barton, President and CEO, NYSERDA said, “We commend Amphenol Aerospace for integrating solar energy into its operations portfolio as part of its rebuilding effort. In the face of climate change, Governor Cuomo’s forward-thinking clean energy initiatives are enabling companies of all sizes to realize the cost-saving benefits and environmental stewardship associated with renewable energy and NYSERDA is proud to be a partner in this effort.”

This project supports the efforts of the locally-developed Southern Tier Soaring strategic plan, which includes a significant focus on forward-thinking investments in advanced manufacturing and 21st Century industries.

State Senator James L. Seward said, “Amphenol’s ability to succeed and grow has a direct impact on the success of our region and the future well-being for hundreds of families.  I was pleased to lend my support to the solar farm project which will lead to clean, renewable electricity that will benefit our climate and our economy.”

State Assemblyman Clifford Crouch said, “I am thrilled to see Amphenol Aerospace receive the necessary funding to build a new solar farm in Sidney. Over the last ten years, Amphenol Aerospace has shown their investment and belief in our community by sticking it out so that 1,000 jobs remained in the Southern Tier after enduring devastating flooding. Their new solar farm project again highlights their commitment to our region and the environment, helping to reduce strains put on the power grid from their facilities during their busy season, and doing so in an environmentally conscious way.”

Delaware County Legislature Chairwoman Tina Mole said, “Amphenol Aerospace is the Delaware County’s largest employer, providing over 1,000 jobs in our region. They are leading the way in advance manufacturing, and through this project, taking a leading role in environmental sustainability. This project will help to reduce their high energy costs and remain competitive in the industry.”

Amphenol Aerospace, a Division of Amphenol Corporation, is one of the largest manufacturers of interconnect products in the world for the Military, Commercial Aerospace and Industrial markets. Amphenol designs, manufactures and markets cylindrical and rectangular, electronic, fiber optic, EMI/EMP filter, and a variety of special applications connectors and interconnect systems. The currently has approximately 1,000 employees in Delaware County, who work to incorporate state-of-the-art manufacturing technologies including CNC machining, die-casting, molding, impact and extruding, plating, screw machining and process controls. For more information about Amphenol Aerospace, visit http://www.amphenol-aerospace.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:
Shari Voorhees-Vincent | [email protected] | (585)399-7055
ESD Press Office | [email protected] | (800) 260-7313

ESD Announces Corelle Brands to Invest $50 Million to Modernize Manufacturing Facility and Increase Production in Corning

Company Will Create 25 New Jobs and Retain 515 Existing Jobs in Steuben County

August 23, 2018

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 | [email protected] | (800) 260-7313
ESD Press Office | [email protected] | (800) 260-7313