Quantcast
Skip to main content
Friday, March 27, 2015 at 3:00 pm

GCEDC board scheduled to vote on Darien Lake proposal

post by Howard B. Owens in business, Darien, darien lake, GCEDC

Press release:

The Board of Directors of the Genesee County Economic Development Center (GCEDC) will consider a project from Darien Lake Theme Park Resort at its March 30, 2015 board meeting.

Darien Lake Theme Park Resort is planning to add several new attractions, including a 75-foot “super loop” thrill ride and dual water slide complex speed ride for the 2015 operating season. The projected capital investment is approximately $2.5 million. The company is seeking final approval of a sales tax exemption of $180,000.

The GCEDC Board meeting will take place at 10 a.m. and is open to the public.  Meetings are held at the Innovation Zone Conference Room at MedTech Centre- 99 MedTech Dr. Batavia, NY on the first floor, across from Genesee Community College.

Tuesday, March 24, 2015 at 5:20 pm

National Grid grant helps fund 'Innovation Zone'

Press release:

The Genesee Gateway Local Development Corporation (GGLDC), the real estate arm of the Genesee County Economic Development Center (GCEDC), recently received a grant of $50,000 from National Grid that was used to build the Innovation Zone.

The Innovation Zone has been designed to be an affordable, high quality networking and incubator space and will be located in the 34-acre Upstate MedTech Park in Batavia. It is strategically located across from Genesee Community College, which was recently designated as a START UP NY site. The grant from National Grid is through the company’s CleanTech Incubation Program.

“The concept of creating a space that not only brings entrepreneurs and start-up businesses together, but also allows these individuals to collaborate, has the potential to enhance economic development opportunities in Genesee County even further,” said Dennis Elsenbeck, regional executive for National Grid in Western New York. “From the Genesee Valley Agri-Business Park to STAMP, economic development officials in Genesee County have proved that the ‘build it and they will come’ approach works and I am confident it will in this instance.”

To accommodate an existing tenant of the Upstate MedTech Park, construction included the addition of 1,075 square feet of space to expand opportunities for high-tech manufacturing and a loading dock facility. The GGLDC also plans to build out 2,300 square feet of vacant space to increase marketability of the site and allow for a quicker turnaround of market demands. The total capital investment of the project is $155,000 and is expected to create 10 new jobs over the next five years and three new jobs within the first year.

“The new incubator will support the expansion of the Upstate MedTech Park, which will help us attract entrepreneurs in emerging industries such as life sciences and medical device manufacturing among others,” said Steve Hyde, president and CEO of the GCEDC. “This grant is just another example of National Grid’s tremendous support of economic development initiatives in Genesee County.”

National Grid officials and local and state government representatives will participate in a ribbon-cutting event on April 10 in the Innovation Zone to formally unveil the new facility and amenities.

The National Grid CleanTech Incubation Program supports the development of a self-sustaining entrepreneurial and innovation “ecosystem.” The program is intended to stimulate and support the growth of new businesses that, in turn, generate jobs and investment in National Grid’s Upstate New York service territory. Information about National Grid’s suite of economic programs is available at www.shovelready.com

Saturday, March 7, 2015 at 9:36 am

State's top economic development leader says Batavia can lead the way in high tech

post by Howard B. Owens in batavia, business, GCEDC

Howard Zemsky was the keynote speaker Friday at the Genesee County Economic Development Center's annual meeting, which was held at Batavia Downs this year. He is acting president, CEO and commissioner of Empire State Development, New York’s economic development agency.

Some 300 people attended, including business and economic development leaders from Erie and Monroe counties.

Zemsky's primary message was that Gov. Andrew Cuomo fully supports economic development in Upstate, in Genesee County and is particularly bullish on the STAMP project.

"We're all in," Zemsky said. "We love what you're doing. It's extremely impressive. I couldn't be more proud of what you have accomplished, and your vision and your commitment and your collaboration on your strategic approach. The governor is all in on what you're doing and is very excited about it."

He noted that Brooklyn is undergoing a renaissance, driven by people like his 22-year-old son who now think urban areas such as Brooklyn are the place to be. If Brooklyn can experience a turnaround, so can Batavia, he said.

"I'll tell you this, if Brooklyn can become cool, Batavia can become the center of the next generation of chip fabrication. Period. End of discussion," Zemsky said. "Because compared to Brooklyn being cool, Batavia being center of a high-tech world is a relative layup."

GCEDC Steve Hyde also provided his annual update on the progress of the GCEDC over the past year and the projects it continues to work on, such as STAMP and the Genesee Valley Agri-Business Park.

Thursday, March 5, 2015 at 6:36 pm

First company for STAMP project could be named within weeks, Legislature told

post by Howard B. Owens in business, GCEDC, STAMP

From The Batavian's news partner, WBTA:

An announcement of a company to occupy Genesee County’s long anticipated STAMP project in the Town of Alabama could be just weeks away.

The Science and Technology Advanced Manufacturing Park has been in the works for years and holds the prospect of hundreds, if not thousands, of high-paying jobs.

Steve Hyde is the president of the county’s Economic Development Center:

“We are weeks away on the final decision on the one we have been working on, less than weeks away. This has been over 12 months we have been working the sales process on this one project. It has been long with multiple versions and very competitive. We have competed against 54 different sites and eight states.”

Hyde issued his annual report to the county legislature’s Ways and Means Committee last night.

The committee went on record opposing a change in state industrial development regulations that would transfer final decisions on state tax breaks from local IDAs to Albany.

If you've downloaded the Reacht App for your smart phone, at some point within the next day, we'll ask you this poll question: Do you think a manufacturing company will commit to STAMP within the next few weeks? To download the app, click here.

Tuesday, March 3, 2015 at 8:33 pm

GCEDC to consider Darien Lake Theme Park request for $180,000 tax exemption for new attractions

post by Howard B. Owens in business, Darien, darien lake, GCEDC

Press release:

The Board of Directors of the Genesee County Economic Development Center (GCEDC) will consider a project from Darien Lake Theme Park Resort at its Thursday, March 5, board meeting.

Darien Lake Theme Park Resort is planning to add several new attractions, including a 75-foot “super loop” thrill ride and dual waterslide complex speed ride for this operating season. The projected capital investment is approximately $2.5 million.

The company is seeking a sales-tax exemption of $180,000, which would require a public hearing should the board approve the application.

The GCEDC Board meeting will take place at 4 p.m. and is open to the public. Meetings are held at the Dr. Bruce A. Holm Upstate Med & Tech Park - 99 MedTech Drive, Batavia, on the first floor across from Genesee Community College.

Monday, March 2, 2015 at 4:11 pm

Site Selection Magazine recognizes Batavia for 11th straight year as top micropolitan area

post by Howard B. Owens in business, GCEDC

Press release:

For the 11th consecutive year Site Selection Magazine has recognized Batavia/Genesee County as one of the Top Micropolitans in the United States. Among the criteria for receiving the recognition includes capital investment and job creation. Through the Genesee County Economic Development Center (GCEDC), approximately $58.07 million in new capital investments were made in the county creating more than 140 new jobs in 2014.

“Throughout 2014, we continued to see tremendous growth in Genesee County as a result of our strategic business attraction and expansion efforts to generate capital investment and create more job opportunities,” said Steve Hyde, president and CEO of the GCEDC. “Further development of the Science and Technology Advanced Manufacturing Park (STAMP), among several other shovel-ready sites, will remain a top priority on our agenda as we move forward into 2015.”

In 2014 the GCEDC achieved 20 project “wins,” and celebrated the $20 million expansion of Yancey’s Fancy, one of Western New York’s most prominent food manufacturing companies. Yancey’s investment will result in a new 112,000-square-foot building at the Buffalo East Technology Park in Pembroke and will create 50 new jobs in the region. Other significant projects the GCEDC assisted with were the expansion of Liberty Pumps in Bergen and US Gypsum in Oakfield.

The ranking of Top Micropolitans is based on cities of 10,000 to 50,000 people which cover at least one county. To make the rankings, the projects must be at least $1 million in value, employ at least 50 people, or involve construction of at least 20,000 square feet. There are approximately 576 micropolitans in the United States according to Site Selection Magazine. Batavia was tied for fourth place in the national rankings.

The Genesee County Economic Development Center will unveil its 2014 annual report highlighting its project “wins” at the organization’s annual meeting on Friday, March 6th, at noon at Batavia Downs.

Wednesday, February 4, 2015 at 4:46 pm

GCEDC to hold annual meeting and luncheon at Batavia Downs March 6, RSVP

post by Billie Owens in announcements, business, GCEDC

The Genesee Economic Development Center will hold its annual meeting and luncheon from noon to 1:30 p.m. on Friday, March 6. It will be in the Paddock Room at Batavia Downs, 8315 Park Road, Batavia.

To register, contact Rachael Tabelski, marketing and communications director, at 343-4866 or e-mail at  rtabelski@gcedc.com

Press release:

2014 has certainly been an exciting year from an economic development standpoint as unemployment was at a historic low of 4.8 percent in August, per capita income grew 6.16 percent, and businesses invested more than $50 million in our community. The food industry across the region, and especially in Genesee County, continues to flourish while investment and developments at the WNY STAMP project occur on a daily basis.

The GCEDC Annual Meeting is an opportunity for you to find out what has been achieved in Genesee County over the last year and to get a exclusive preview of what the economic landscape will look like for 2015. The Annual Meeting is also an excellent opportunity to network with economic and elected leaders from around the region. At the event the GCEDC will also unveil the "2015 Economic Development Partner of the Year Award."

Friday, January 16, 2015 at 8:57 am

GCEDC announces goals for 2015

post by Howard B. Owens in business, GCEDC

Press release:

The staff of the Genesee County Economic Development Center (GCEDC) unveiled its proposed goals for 2015 at the agency’s board meeting Thursday. Among the goals for 2015:

• Generating $35 million in new capital and/or business investments;
• Creating/retaining approximately 205 jobs; and
• Advancing development of STAMP.

Among the plans for STAMP include continue securing funding to advance critical infrastructure development for the site such as water, sewer, natural gas and electric as well as the remaining land acquisition. According to GCEDC staff, securing this funding will further STAMP toward receiving NYS “shovel-ready site certification” and continue to advance the ongoing efforts to market the Park to corporate site selectors in various industry sectors such as nanotechnology.

“We have set the bar very high, but given the track record of the GCEDC the board is very confident in the staff’s ability to achieve these aggressive economic development goals,” said Wally Hinchey who was reappointed as GCEDC chairman at the board meeting. “Through the years we have created a very positive climate for economic growth and we will continue to build on these successes in 2015.”

The GCEDC also revealed plans to continue infrastructure enhancements as part of Phase II development at the agri-business park and ongoing collaboration with the Town of Le Roy on its potential development of a “greenfield” site located near Route 19 and West Bergen Road, bordering the Village of Le Roy. The GCEDC also plans to enhance its municipal and regional stakeholder outreach program for county and regional stakeholders with a particular focus on municipalities and school districts.

In addition to Hinchey being reappointed as chairman, the GCEDC also announced the appointment of its 2015 officers:

• Mary Ann Wiater, Vice Chairman
• Penny Kennett, Secretary
• Lezlie Farrell, Treasurer
• Steve Hyde, President & CEO

“On behalf of the staff of the GCEDC, we are very excited to embark on another year of significant economic development activity that will continue the growth and prosperity of the region,” said Steve Hyde, GCEDC president and CEO. “We are grateful to the GCEDC board for its support of our efforts and we look forward to collaborating with the public and private sectors in our collective efforts to create and retain jobs and bring new investment to Genesee County.”

Tuesday, December 23, 2014 at 12:28 am

Hyde provides GCEDC board with year-end review

post by Howard B. Owens in business, GCEDC

Press release:

Genesee County Economic Development Center (GCEDC) president and CEO Steve Hyde provided the GCEDC board of directors a report on the agency’s annual performance in 2014 at its December board meeting.  The report included a review of year-to-date capital/business investments, pledged job creation estimates, advancement of the shovel ready phase of STAMP and initiatives with local governments, among others.

Hyde reported to the board that the GCEDC exceeded its capital and business investment goal of $32 million with a total of $58.07 million invested on various projects throughout the year, including the expansion of Yancey Fancy’s in Pembroke and Liberty Pumps in Bergen.  The agency did not achieve its pledged job creation goal of 200 with the pledged creation of approximately 141 jobs from new projects in 2014.

At the same time Hyde noted, the agency was able to put together an incentive package to retain approximately 98 manufacturing jobs at U.S. Gypsum in Oakfield.  In addition, agency staff helped the new owners of P.W. Minor navigate through the state funding process which helped keep the company open retaining approximately 50 manufacturing jobs in Batavia.

"It was another good year for the agency in terms of creating new jobs as well as retaining jobs at US Gypsum and PW Minor," said Wally T. Hinchey, Chairman of the GCEDC.  “The Genesee County economy continues to be one of the strongest in the region and 2015 should be no different as STAMP continues to move forward."

Significant strides were made to bring STAMP further along in making the site shovel ready for future development, including survey work, engineering and design work for water and sewer infrastructure. Of note was the dedication of $33 million in the New York State 2014-2015 budget for STAMP.  The GCEDC staff continues its close collaboration with New York State and NY Loves Nano to market and promote the STAMP site nationally and internationally to high tech manufacturers.

Another performance goal for 2014 was to enhance initiatives and outreach with local government entities throughout Genesee County.  The GCEDC worked closely with the Town of Batavia to secure potential funding opportunities to extend existing infrastructure at the Agri-business Park.

Lastly, GCEDC conducted outreach meetings with various localities as well as collaboration with the City of Batavia, Batavia Development Corp. and the Batavia Business Improvement District to implement the re-development of the Batavia Opportunity Area (BOA).

“The performance goals set by the GCEDC are certainly challenging, but if there was not a collective belief that we have the right formula for economic success, then we would not create such aggressive targets,” said Hyde.  “We look forward to generating even more economic development success in 2015.”

Sunday, December 21, 2014 at 10:34 pm

National Grid provides another $500K grant to GCEDC's STAMP project

post by Howard B. Owens in business, GCEDC, National Grid, STAMP

Press release:

National Grid’s latest grant of $500,000 in the Science and Technology Advanced Manufacturing Park (STAMP) site in the Town of Alabama in Genesee County has now reached the $1.5 million threshold. Since 2007, National Grid has provided STAMP with various economic development grants to the Genesee County Economic Development Center (GCEDC), which is developing the site and marketing it to corporate site selectors as well as nanotechnology and advanced manufacturing companies throughout the United States and the world.

“We are extremely excited to have such strong support from National Gird to help us bring the next generation of advanced manufacturing to Western New York,” said Steve Hyde, president and CEO of the GCEDC. “STAMP has received significant support from business, education and economic development groups and organizations from Buffalo and Rochester, so it is truly a collaborative effort to bring this transformative economic development project to our region.”

STAMP is a 1,250-acre site and is aligned to attract the next generation of nanotechnology companies, including semiconductor chip fabs, flat panel displays, solar, bio-manufacturing, and advanced manufacturing companies to New York State. Most recently, STAMP was appropriated $33 million in the 2014-15 state budget to bring the site to a shovel-ready status. This funding will be used for pre-construction engineering, sewer and water lines and other utility hook-ups and other infrastructure enhancements.

“We have seen a number of major gains in the bringing new and advanced technologies to the region, and we’re confident that STAMP will continue the significant economic development momentum in the region in the science, technology and advanced manufacturing areas,” said Dennis Elsenbeck, regional executive for National Grid in Western New York.“

“The GCEDC has an excellent track record in economic development, as evidenced most recently by the construction of the Genesee Valley Agri-Business Park, which led to the construction to two major yogurt manufacturing facilities,” said Arthur W. Hamlin, director, economic development and corporate citizenship at National Grid. “We are optimistic that the same ‘build it and they will come’ approach used at the agri-business park will also reap significant economic development and job outcomes at the STAMP site.”

STAMP is located in the New York Power Authority’s (NYPA) low-cost hydropower zone. The site is within a 60-minute commute of 2.1 million residents from the Rochester and Buffalo metro regions as well as six university centers with more than 17,000 enrolled engineering students. According to GCEDC officials, STAMP has the potential to generate $30-$50 billion in investment and employ up to 10,000 workers on-site. The supply chain impact could add another 50,000 jobs.

The grants to the GCEDC are from a number of National Grid programs, including the Strategic Economic Development Program designed to increase effective marketing and sales initiatives aimed at “strategic targets.” This program provides expertise and incremental resources to leverage more and better macro-level business attraction research, marketing and sales efforts. Other grants have helped support hard infrastructure improvements to the site. Information about National Grid’s suite of economic programs is available at www.shovelready.com.

Premium Drupal Themes