Issues: Economic Development

SENATOR JOHN DEFRANCISCO ANNOUNCES 2013 REGIONAL ECONOMIC DEVELOPMENT COUNCIL AWARDS

State Senator John A. DeFrancisco, Chairman of the Senate Finance Committee, announced today (12/11/13) that $66.9 million has been awarded through Round Three of the Regional Economic Development Council Awards to help create and retain jobs in Central New York. For the second consecutive year, Senator DeFrancisco joined Governor Andrew Cuomo and Assembly Speaker Sheldon Silver for the REDC awards ceremony in Albany.

December 11, 2013
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Seward: Governor’s New York State Tax Relief Commission Report Is Step In Right Direction

ONEONTA, 12/10/13 - State Senator James L. Seward (R/C/I – Oneonta) today commented on recommendations offered by the governor’s tax relief commission:

“Broad-based tax relief measures, that will make New York more economically competitive and ease the tax burden on hardworking individuals and families, are at the top of my priority list for 2014.

December 10, 2013
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STATEMENT FROM NYS SENATE CO-LEADER DEAN G. SKELOS

We are pleased that the Governor’s New York State Tax Relief Commission report incorporates key elements of a Senate Republican tax reform plan advanced by Senators DeFrancisco and Marcellino that focuses on cutting taxes to create new jobs, reforming our tax structure and giving hardworking taxpayers some much-needed relief.

It is encouraging that today’s report includes proposals to address issues related to achieving broad-based tax reductions for job creators, including reducing corporate tax rates, reducing taxes on manufacturers and accelerating the elimination of the 18-a energy surcharge, while also reducing the estate tax burden.

December 10, 2013
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Seward Summit Helps Rewrite Otsego County Economic Development Leadership Plan

ONEONTA, 12/05/13 – State Senator James L. Seward (R/C/I-Oneonta) today announced conceptual agreement on a blueprint for Otsego County’s economic development leadership with the county IDA set to oversee the renewed effort. 

“After hosting last month’s economic development summit, I have been meeting with key elected officials and business leaders to capitalize on what we learned and take the next step,” said Senator Seward.  “Now, a definite course is established and we are prepared to embark on a new path toward future economic growth and prosperity in Otsego County.” 

December 5, 2013
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Senator Valesky Visits Welch Allyn

Senator Valesky visited Welch Allyn on December 4, one of the region's largest employers and a worldwide leader in the manufacture of medical equipment.

December 5, 2013
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Senator Kennedy Praises ‘Buffalo Billion’ Investment to Jumpstart Clean Technology Industry in WNY

After unveiling of Buffalo High-Tech Manufacturing Innovation Hub @ RiverBend, Kennedy applauds Governor Cuomo’s intelligent public investment that is spurring private investment and creating hundreds of new jobs.

November 21, 2013
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Governor Cuomo Announces Ford Motor Company To Invest $150 Million In Its Hamburg Stamping Plant

Governor Andrew M. Cuomo today announced that Ford Motor Company will invest $150 million to make significant upgrades to its Hamburg facility, just outside Buffalo.

November 21, 2013
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Senator Kennedy Celebrates National Grid Investment, Breaks Ground on Ohio Street Reconstruction

National Grid to invest $4.2 million to upgrade infrastructure, which will help attract mixed-use development; total investment in Ohio Street corridor now exceeds $15 million.

Ground also broken on City of Buffalo’s streetscape project.

Kennedy: Buffalo’s Old First Ward has a long, storied history, and with the reconstruction of Ohio Street, I believe this neighborhood’s future is just as promising. 

November 20, 2013
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Griffo announces $8.5 million for Rome

Empire State Development grant will extend water, sewer to residents, businesses

ROME – Sen. Joseph A. Griffo today announced that the state is providing $8.5 million to the City of Rome for a major water-sewer improvement project.

The funds, which come from Empire State Development’s Economic Transformation Program, are for a two-phase project in the north, west and south corridors of Rome.

November 20, 2013
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New Senate Report: Keep Cutting Taxes to Create Jobs

Dear Friends,

I have a longstanding record of championing tax cuts — both to provide relief to hardworking New Yorkers, and to create a better business climate for new job creation and economic growth.

November 20, 2013
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O'Mara, colleagues propose tax cutting, reform recommendations

Albany, N.Y.— State Senator Tom O’Mara (R,C-Big Flats) has joined his State Senate Republican colleagues to call for action on a comprehensive tax-cutting agenda by the Legislature and Governor Andrew Cuomo in 2014.  

November 19, 2013
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Full-Fledged Tax Reform Needed

ALBANY, 11/19/13 - New York State Senate Republicans today issued a comprehensive report on state taxes that calls for personal income taxes, business taxes, estate taxes and local property taxes to be reformed, simplified and reduced.  The report makes sweeping recommendations for reducing the tax burden on all New Yorkers.  The plan recommends enacting a permanent two-percent state spending cap and dedicating surplus revenues to tax reductions.

November 19, 2013
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Otsego County Economic Development Summit II - Full Video

ONEONTA, 11/19/13 – State Senator James L. Seward (R/C/I-Oneonta) recently hosted his second economic development summit in Otsego County.  The event was broadcast/webcast live, thanks to SUNY Oneonta, and is now available on-line.

“A diverse group of nearly 200 elected officials, business leaders, and educators attended Otsego County Economic Development Summit II at the Foothills Performing Arts and Civic Center,” said Senator Seward.  “Now those who were unable to make it in person can watch this archived version.”

November 19, 2013
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NY SENATE TO CONVENE MASSIVE CYBERSECURITY HEARING IN ROME

ROME - Six Senate committees will hold a joint hearing at noon Monday to hear testimony from experts in law enforcement, finance and computer science about the state’s preparedness against cyber-attacks.

“Cyber crime is a major economic issue, resulting in more than $500 million in losses last year alone,” said Sen. Joseph A. Griffo, who chairs the Senate Banking Committee and is hosting the event. “There’s a reason why England considers it an even greater threat than nuclear war. We need to take a closer look at what our state is doing to prevent cyberattacks that could affect our security, our economy and our government.”

November 15, 2013
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November 15, 2013
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Senator Klein Announces Major Job Creation Program, “START-UP NEW YORK” in the Bronx

BRONX, NY– Standing under the dome of the Gould Memorial Library at Bronx Community College (BCC), State Senator Jeff Klein (D-Bronx/Westchester) announced that BCC will be a host site for START-UP New York, a groundbreaking initiative that allows select colleges and universities to create tax-free zones on or near their academic campuses.

November 14, 2013
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Taylor Devices expands and invests in North Tonawanda

Today local officials, including Taylor Devices President/CEO Doug Taylor, held a grand opening “ribbon cutting” event at their new facilities located in North Tonawanda's Buffalo Bolt business park.

Taylor Devices, Inc. purchased three parcels of land from the city at the Buffalo bolt business park in 2011, and has invested $3.3 Million at the site for the three buildings totaling 50K square feet. The facilities are third party certified to ISO 14001, the International Standard for environmental quality.

November 14, 2013
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