GCEDC's Hyde drops hints in remarks to regional economic team of new projects coming
Remember in 2011 when we all had fun trying to guess the coded meaning of "Project Wave?"
Now we get to do it again. What is "Project Vulcan?"
Speaking to members of the Finger Lakes Regional Economic Development Council, Steve Hyde, CEO of Genesee County Economic Development Center, said, "We've got a lot going on. We're on the short list for two more projects that are another 700 jobs. I just saw yesterday a term sheet for Project Vulcan."
A reporter standing next to Jim Krencik, senior director for marketing and communications for GCEDC, at the time Hyde mentioned Project Vulcan couldn't get him to drop any further hints about what that phrase might mean.
In 2011, "Project Wave" turned out to be the yogurt plant developed by PepsiCo (the "wave") and the Theo Muller Group. That business eventually failed, but the plant now employs 400 people working for HP Hood.
Hyde was one of the introductory speakers before the council got down to business (The Batavian didn't stick around for that part of the meeting) that included an update from Executive Director Laura Fox O'Sullivan, a presentation on workforce development priorities, regional talent attraction strategies, a board discussion and development of a work plan.
One of the themes both Hyde and Genesee County Legislature Chair Shelley Stein shared was the need for state officials to become better aligned with economic development.
New York is a challenging state because of regulatory schemes to attract businesses, Hyde said.
"Building mega site industrial parks is difficult, challenging," Hyde said. "Employers and investors need support from the state. There is a critical misalignment right now between some of our regulatory agencies in the state and then the governor's economic development goals and strategy. ... We need to find a way to find a solution to the common good to be partners, to be collaborative in the support of our state strategy and our regional strategy."
Stein, a dairy farm owner in Le Roy, said there is more demand than ever for New York's milk, especially with yesterday's announcement of the fairlife plant planned for the Town of Webster, but the state's continuing regulatory burden on farmers and their workers, such as the recently changed overtime threshold, and the proliferation of solar farms on farmland, is hampering the ability of New York dairy farmers to meet the demand.
She compared the misalignment between competing political forces in the state with the goggles you might put on during a visit to the optometrist. The optometrist will adjust the lenses one at a time to help bring what you see into focus. Right now, the two sides are out of focus, she said.
"We want to be able to bring ourselves together with good sound economic development," Stein said. "We want to bring in opportunities for our families. We want to bring together all of us to have a shared common message because we certainly have differences. But we can also work from our commonalities."
Hyde praised the Finger Lakes council for being aligned on economic development for the region.
"Our council is completely aligned," Hyde said. "Look at what we're focused on -- site development, workforce development, it all fits into our goals, right? You know, grow jobs, rollout, drive investment, reduce poverty, create opportunity for our families and our residents."
This was the first time the council has met in Genesee Council since before the pandemic.
In an interview with The Batavian before the meeting, former Rochester mayor and former lieutenant governor Robert Duffy praised the work of Hyde. He said his first meeting after becoming LG was with Hyde to discuss WNY STAMP.
He called Hyde a "pit bull" on behalf of Genesee County's economic development goals.
"I think in spite of many challenges we all face nowadays, I think the state is doing some great work," Duffy said. "I would say from my perspective, Genesee County is lucky to have Steve Hyde and his team. I've worked with Steve since 2011, and I've been super impressed with his tenacity and his commitment to this. He has never let go of STAMP and STAMP, now, for all those years and all that work, it's really starting to come together and take hold."