The Finger Lakes Regional Economic Development Council will meet at 10 a.m. Tuesday at the Wegmans Conference Center, 200 Market Street, Gates.
Empire State Development
Posted inNews & Opinion
NY’s economic development Hunger Games
New York is three years into its economic development Hunger Games. The analogy between a fictional dystopian death match and Governor Andrew Cuomo’s signature economic development initiative isn’t entirely precise. While the Cuomo initiative pits regions of the state against each other in an annual competition for limited resources, nobody dies. And the distribution of […]
Posted inNews & Opinion
Xerox chooses Webster for toner plant
Xerox will expand its Webster toner plant, with the help of taxpayer-funded incentives. Empire State Development, the state’s economic development agency, announced Xerox’s decision via press release yesterday afternoon. The company was considering several locations for the plant, though Webster was the only US site on the list. Xerox plans to invest $5 million to […]
Posted inNews & Opinion
Kodak power plant buyer getting state assistance
The board of the state’s economic development arm has approved $7.2 million in incentives for Recycled Energy Development to put toward purchasing and upgrading the Eastman Business Park utilities system. The incentives, approved yesterday, include a $3.6 million grant and a $3.5 million loan, according to a press release from Empire State Development. The grant […]
Posted inNews & Opinion
Looking to land bank
City officials have asked the state for permission to form a land bank to help address vacant, abandoned, and tax-delinquent properties. | Last week, Rochester Mayor Tom Richards announced that the city had submitted a formal application to Empire State Development, the state’s economic development agency. The application proposes creating the Rochester Land Bank, a […]
