NYSEDC Latest News, April 28, 2022
Projects, Communities, + People in the NewsWolfspeed Hosts Ribbon Cutting for first 200mm silicon carbide chip plant in the world. The Marcy fab will provide chips for American and Chinese EV makers. At the ribbon-cutting, Lucid Motors, a manufacturer of electric vehicles, announced they will use a silicon carbide power module developed and manufactured by Wolfspeed in the Lucid Air vehicle. NYSEDC's 2021 Project of the Year, celebrated by Mohawk Valley Edge, has a special resonance in central New York. So far the Wolfspeed facility has created 265 jobs, with a goal of over 600 new jobs by 2029, according to the company. The site sits directly across from the SUNY Polytechnic Institute, New York's public polytechnic college, and Wolfspeed has given the school $250,000 to help train potential future employees.| Read more at Nikkei Asia WKTVNews
Steuben County IDA celebrating its 50th anniversary. Executive Director Jamie Johnson’s column recounts over the past half-century, the Steuben County IDA has leveraged more than $2 billion in new investment, creating thousands of new jobs. While industrial development remains a major emphasis, the IDA has also focused on other sectors such as tourism, housing and renewable energy to better expand the county’s economic base. | Hornell Evening Tribune
CooperVision will Invest $62 Million to Expand Operations at Two Monroe County Locations and Create More than 170 Jobs | GRE News
General Electric opens R&D facility in Bergen (Genesee County) aimed at improving windmills.The research being conducted in the Bergen facility is supported in part by a grant from the US Department of Energy. A team of 20 people will continue to work on optimizing the 3D printing technology with the first applications in the field anticipated within the next five years. | The Batavian
U.S National Grid announces plan to decarbonize by 2050 | EnergyWorld
TDC (The Development Corporation) Premier Industrial Parks, a staple of the Plattsburgh business and economic development community for 61 years, constructing their 25th shovel-ready property. | Press Republican
At a packed house at the Nova Bus facility on Banker Road, Governor Hochul said Plattsburgh, and the North Country with its robust transportation cluster, is in a perfect position to shape the future of the industry and make it greener. Press Republican
IgniteU NY is hosting 2022 Summer Accelerator, an eight-week accelerator program for operational companies to help founders grow and scale their companies. | NYSTEC
Brownfield redevelopment targeted at summit held at FMCC. The two-day Mohawk Valley Brownfields Developer Summit is a first-of-its-kind event that gathered economic development officials from the six counties of the Mohawk Valley Economic Development District — Otsego, Oneida, Schoharie, Montgomery, Fulton and Herkimer. One of the stated goals of the summit is helping communities showcase brownfield sites ready for redevelopment to private sector development companies attending the summit seeking to take advantage of new state and federal funding aimed at helping to develop former industrial properties in New York state and throughout the U.S. | Daily Gazette
The New York Public Service Commission approved contracts necessary to advance two transmission projects that will deliver wind, solar and hydroelectric power from Canada and other regions of the state into New York City. The Clean Path NY project, scheduled to come online in 2027, will access resources in the upstate and western regions of the state, while the Champlain Hudson Power Express project is expected to begin delivering power from Canada in 2025. | Utility Dive
In Memorium - Linda Hill
Linda Hill passed away unexpectedly on Tuesday, March 22, 2022, with her loving family by her side. In 2001, Linda was named the Economic Developer of the year by the NYSEDC. In part that award was for the consistent superior performance and outstanding service to National Grid, the Capital Region, and the economic agencies in the region. Linda had dedication, tenacity and a “can do” attitude which made her a success in attracting and growing business and investment in the region. She was a promoter and the driving force behind the New York Loves Nanotech consortium whose goal was to grow New York’s high–tech corridor (Global Foundries) by attracting investment. She was a team player and respected for her quality of work and her willingness to share her time and energy for the betterment of their organization and themselves personally. Her hard work and foresight were also recognized by her peers by received the awards for Exemplary Service from the Albany-Colonie Chamber of Commerce in 2006. Linda was universally respected and admired but always carried herself with confidence and humility. RIP, Linda. You will be missed by those whose lives you touched.
New York State and Federal News + Policy
NYS Executive Order Extended Until May 15 and extends the ability of IDAs and Public Authorities to host remote meetings and hearings. Click Here for Executive Order
Governor Hochul announced the creation of the Office of Strategic Workforce Development. The entity will be responsible for steering the $350 million in workforce development funding directly or in coordination with other agencies and will be housed under Empire State Development (ESD) | Gotham
State takes aim at shovel-ready sites and job training. The state's new $200 million FAST NY program is designed to make properties "shovel-ready" and attractive for high-tech and semiconductor manufacturing, warehousing, distribution and logistics businesses – by funding water and sewer infrastructure, roads, electrical substations, and power and gas lines, and then getting the sites through pre-development site plans and reviews. | Buffalo News
Majority Leader Schumer Remarks Announcing A Path Forward To Conference On Jobs And Competition Legislation. The Senate will vote on formally moving to conference with the House on jobs and competitiveness legislation. Under the agreement, the Senate will vote on a series of motions to instruct conferees next week. | Read More Here
CLCPA Webinar Recap
Did you miss the NYSEDC hosted presentation on the New York State Climate Action Council’s Draft Scoping Plan as part of the Climate Leadership and Community Protection Act (CLCPA)?
Click here for a recording of the webinar, Maureen Leddy and John Lee’s presentation, the Draft Scoping Plan and the public hearing schedule to submit your feedback about how the CLCPA will impact your communities and businesses.
NYSERDA UPDATES
NYSERDA Carbon Neutral Buildings Roadmap
To meet the ambitious goals of the CLCPA (Climate Act), the Carbon Neutral Buildings Roadmap is intended to identify pathways to decarbonize New York’s building stock by 2050.
Carbon Neutral Programs & Housing Opportunities for IDA’s
Contact Lori Borowiak NYSERDA for more information
NYSEDC JOB BOARD
Seneca County IDA is seeking an Industrial Development Agency Grants and Development Specialist
Cornell University is seeking a Business Development Manager
Greene County is seeking a Director of Economic Development
National Grid is seeking a Senior Representative, Economic Development, in Melville, NY or Brooklyn
RFPS
The New York State Energy Research and Development Authority (NYSERDA) has reissued Request for Proposals (RFP) 4630 to support the formation of a Regional Clean Energy Hub for the Mohawk Valley.
The Development Authority of the North Country Seeks Developers for Harrisville Property. Requests for proposals are being accepted for the redevelopment of the former light industrial site.
Upcoming Events
May, 3, 2022 | Resilient Energy Info Session | A collaboration between NYCEDC and Newlab, the Resilient Energy Studio and ConEd cultivates local energy storage capacity by working with entrepreneurs, community organizations, energy experts, and leading industry stakeholders to advance energy storage for a sustainable urban future.
May, 11, 2022 | NYPA's Customer Clean Energy Exchange | Discuss the future of energy in NY State. Hear from business and government leaders and connect with colleagues on clean energy issues.
May, 13, 2022 | Symposium on Climate Change: Implications for Macroeconomics | Hosted by the Federal Reserve Bank of New York
May 25 - 27, 2022 | NYSEDC Annual Meeting | Cooperstown
June 7 - 9, 2022 | UIDP Xurban at Cornell University
Explore topics in leveraging and enhancing university research strengths; managing strategic partnerships; accelerating university research translation and commercialization; making talent connections; placemaking; and advancing local economic development.
June 14, 2022 | Sunrise Wind Forums | Albany
At the Supply Forum, representatives from Sunrise Wind and awarded tier-1 vendors will provide descriptions of scopes of work, requirements and project schedules related to tendering and execution. New York businesses are encouraged to review the details for scopes to determine if they can contribute to the project.
June 26 – 29, 2022 | Select USA Investment Summit
Empire State Development is an official sponsor of The SelectUSA Investment Summit, which is the highest-profile event in the United States dedicated to promoting foreign direct investment (FDI).
Contact Lauren Merkel, VP International Affairs & Investment to learn more about Foreign Direct Investment opportunities for your community.