New York State Economic Development Council (NYSEDC)

Join us in thanking Phillips Lytle LLP, sponsor for the February 2025 Economic Development Conference! The event is back at the Albany Capital Center. https://lnkd.in/gDkG9psk

Adirondack Regional Airport to undergo major renovations Adirondack Regional Airport in Harrietstown is among nine airports in upstate New York slated for major renovations, with the goal of attracting more visitors and boosting the local economy. The renovations are expected to create 90 new jobs, with many local North Country businesses contributing to the construction. New York State Department of Transportation Commissioner Marie Therese Dominguez emphasized the positive ripple effect on the local economy. "It creates a level of stability for the jobs that are here in the area," Dominguez said. "The construction work is going to be done by local contractors and subcontractors, all from the North Country." The project is set for completion by the end of 2025. https://lnkd.in/gmY5d-Cv

Five Long Island municipalities were awarded more than $3.72 million from the state’s Local Waterfront Revitalization Program (LWRP). The money is part of $14.2 million of LWRP funds awarded to 21 communities statewide, according to an announcement Thursday from the New York State Department of State. The program provides grants to communities to develop plans that cultivate a vision for their waterfront, expanding public access, protecting the environment, while also boosting tourism and economic development opportunities. The awards cover a variety of planning, design and construction projects that focus on accessible economic, community, environmental and recreational improvements. Suffolk County was awarded $2 million towards constructing improvements at Violet Cove, converting vacant land overlooking Moriches Bay into a recreational eco-destination. The project implements the draft Town of Brookhaven LWRP by expanding recreational amenities, utilizing nature-based techniques to mitigate flooding, and promoting education about the local ecosystem, climate resiliency and adaptation. https://lnkd.in/gsXNBGWk

With funding from the National Science Foundation (NSF), Cornell University and a group of institutional partners have created the @Upstate New York Energy Storage Engine to advance energy storage technology and boost large-capacity battery manufacturing in upstate New York – which could enable advances in electric vehicles and renewable energy storage. The engine is led by Binghamton University and includes Cornell, Rochester Institute of Technology, Syracuse University, New York Battery and Energy Storage Technology Consortium (NY-BEST), Launch NY and C4V. Binghamton University Professor Stanley Whittingham, who received the 2019 Nobel Prize in Chemistry for research contributing to the development of the lithium-ion battery, is chief innovation officer. https://lnkd.in/g3zY4ZnB

Hochul vetoes bill requiring school district, union reps on industrial development agency boards Legislation requiring industrial development agencies to have school district and labor union representatives on their governing boards was vetoed by Gov. Kathy Hochul last week. In her veto message, Hochul said school district and labor union representatives are “already eligible to serve as members of industrial development agencies.” Therefore, she concluded, “it is most appropriate to ensure specific industrial development agency members are chosen by the municipality to best represent the interests of the community rather than imposing an inflexible statutory requirement.” https://lnkd.in/gU9pD6et

Empire State Development (ESD) said it will partner with ITT Inc. (NYSE: ITT) to support growth at the company’s locations in Onondaga, Seneca, and Erie counties. ITT manufactures components and customized technology solutions for the transportation, industrial, and energy markets. The company plans to invest in facility upgrades, machinery, and equipment along with other operational improvements. ITT will also add to its workforce in all three counties. The combined project includes an investment of up to $85 million over the next five years and the creation of up to 75 new jobs. https://lnkd.in/gfPnsfaK

Onondaga County Executive Ryan McMahon on Tuesday named two people to his senior leadership team. Robert Petrovich, MBA, the director of economic development since 2018, was promoted to the new position of deputy county executive for economic development and planning. https://lnkd.in/gTaunJ_h

Thank you Whiteman Osterman & Hanna LLP for sponsoring our Economic Development Conference, February 11 - 12 at the Albany Capital Center. Learn more about the event: https://lnkd.in/gDkG9psk

The IDA is in the middle of acquiring the land for what it hopes will be its next big economic development project in Oswego County, which has seen increased interest from companies and developers since 2022 when Micron Technology announced plans to spend $100 billion to construct a massive semiconductor plant in nearby Clay. https://lnkd.in/ge2QF_bf

The City of Binghamton is hiring! If you are passionate about the future of the City, consider applying to become an Economic Development Specialist in the Office of Economic Development. Reporting directly to me, the ideal candidate will be creative, solutions-oriented, organized, and capable of managing complex projects. Grant management experience a plus, as is knowledge of local, state, and/or federal regulations and reporting requirements. More information available here: https://lnkd.in/gkThhbQv Please answer all questions on the employment application completely. An incomplete application may result in disqualification. A resume may not be substituted. Applications can be printed, filled out, and signed OR electronically filled in, printed, and signed (electronic signature is acceptable). Applications can either be mailed, placed in the “Personnel” drop-box located in City Hall lobby, or emailed to personnel@cityofbinghamton.gov.