New York

Start-Up NY Economic Development Program Supports Central New York Eco-friendly Brewery Expansion

Empire Brewing Company has broken ground on its Farmstead Brewery project, tipped to be the largest farm brewery of its kind in New York State.

Empire Brewing Company

Empire Brewing Company (photo – empirebrew.com)

It’s also the first project in Central New York to break ground for an expansion under the Start-Up NY economic development program.

Empire Brewing Co. is an environmentally sustainable brewer of handcrafted ales and lagers, with a bar and grill currently located in downtown Syracuse, NY.

The brewery uses hops, grains, and other locally sourced all-natural and fresh ingredients from more than 60 local farmers.

In 2010, they started distributing beer to off-site retailers and wholesalers. In order to fulfill growing demand, the company decided to build a brewery and packaging plant on a 22-acre farm in Cazenovia, NY. This facility, for which they have now broken ground, will help them expand annual production from 4,500 barrels to 20,000 barrels within three years.

The Farmstead Brewery construction design proposes to build an eco-friendly friendly brewery that will make use of green building materials and energy efficient technologies.

Empire Brewing Co. is working on this project as a Start-Up NY company sponsored by SUNY Morrisville. Companies undertaking new and expansion projects in designated Start-Up NY areas and working in partnership with an approved educational institution are entirely exempted from state and local taxes for a period of 10 years.

The Farmstead Brewery project is creating 50 new jobs and generating $6 million in investment in the local economy. It will support agri-tourism, and will help local growers providing the ingredients for beer production.

SUNY Morrisville is starting a new Brewing Studies Program, and they will be working with Empire Brewing Co, helping the company run the facility and providing students with working experience in an actual brewery’s production environment.

New York State economic development agency Empire State Development President, CEO and Commissioner Howard Zemsky said in a release that Start-Up NY will enable Empire Brewing to establish an important partnership with SUNY Morrisville that will provide its students with practical business experience.

Commissioner Zemsky added that since craft beer is big business in New York State, the new facility will also create dozens of local jobs.

Empire Brewing Company President and Founder David Katleski said in the release that they are thrilled with their participation in Start-Up NY and the benefits it provides to their business. Katleski also cited the great partnership they have established with SUNY Morrisville, its curriculum and the students.

CenterState CEO President Robert Simpson, who is also co-chair of the Central New York Regional Economic Development Council, said in the release that the Empire Brewing Company’s Farmstead Brewery launch represents what can happen when the right partners work together to turn a vision into reality.

The craft beer industry in New York State is growing fast, and already has an estimated economic impact of $3.5 billion. The industry supports 6,552 direct jobs and another 4,814 jobs in related industries, providing a combined total of $554 million in wages.

New York Launches $750M Round V Regional Economic Development Council Competition

Governor Andrew M. Cuomo announced the official launch of the fifth round of New York State’s Regional Economic Development Council Competition in conjunction with the $1.5 billion Upstate Revitalization Initiative (URI).

NY Regional Councils

NY Regional Councils (photo -ny.gov)

The Consolidated Funding Application (CFA) process will open to applicants on May 1 with a deadline of July 31 at 4:00 p.m.

The REDC Round V will award $750 million in state funding and tax incentives for projects submitted by each of the 10 Regional Councils. About $530 million will be awarded by various state agencies through the CFA process.

The Regional Councils will compete for the remaining $220 million, to be awarded to projects identified as priority projects in their respective regions. This includes $150 million in capital funds and another $70 million in Excelsior Tax Credits from New York economic development agency Empire State Development.

This year, in addition to the $750 million through the REDC funding process, the seven Upstate regions (Capital District, Central New York, Finger Lakes, Mid-Hudson, Mohawk Valley, North Country, and Southern Tier) will additionally compete for three $500 million awards. Each of these $500 million awards will be disbursed to the three winners at $100 million annually for five years.

So three Upstate regions stand to win $130 million this year, including $100 million through the URI and another $30 million through REDC Round V. Three other regions named as “top performers” in the REDC competition will receive approximately $105 million each. The remaining four regions will get approximately $90 million each.

This level of funding for each of the 10 Regional Councils is higher than what even the winners received in each of the four previous REDC competitions, ensuring that there is no ‘loser’ this year.

Round V of the REDC competition will focus on specific aspects identified as economic development priorities, including Global NY, workforce development, regional industry clusters, strategic plan implementation, project pipeline, performance measures, etc.

Since the 10 REDCs were created and this funding program implemented, nearly $3 billion has been awarded for more than 3,100 projects that are projected to create or retain a total of more than 150,000 jobs across New York State.

In a release announcing the launch of the 2015 REDC competition and the URI initiative, Gov. Cuomo said that “New York’s Regional Councils have transformed our state’s economy over the past four years.” The Governor added that they’re going to continue that progress with the largest single investment in the program and an unprecedented focus on Upstate revitalization.

New York Awards Funding for 21 Buffalo Economic Development Projects

Governor Andrew M. Cuomo announced the first batch of funding recipients under the Better Buffalo Fund program.

Buffalo Billion

Buffalo Billion (photo – buffalobillion.ny.gov)

This first lot includes 21 awardees getting a total of $11,722,500 for main street and transit-oriented Buffalo economic development projects.

The $30 million Better Buffalo Fund is a part of the Buffalo Billion initiative, and is dedicated to supporting projects that are helping revitalize neighborhood commercial districts and facilitate density and growth along transportation corridors.

Gov. Cuomo said in a release announcing the funding awards that “We remain committed to investing in Buffalo and continuing the momentum that is moving Western New York forward.”

The Better Buffalo Fund grants and revolving loans announced include $7,950,000 for eight transit-oriented economic development projects and another $3,772,500 in grants for 13 main street projects.

One of the main street projects awarded a $175,000 Better Buffalo Fund grant is the renovation and expansion of the Torn Space Theater.

The grant will allow the theater to undertake interior and facade renovations, and allow for adaptive reuse of an adjacent cement block building using stainless steel panels. This unique structure will then be used as a video sound lab, workshop and office space. Vacant lots nearby will serve as outdoor stages for community use.

One of the transit-oriented economic development projects awarded Better Buffalo funding is the Turner Brothers Loft project on Niagara Street. Niagara Street Buffalo, LLC and Schneider Development are getting a $1,500,000 loan supporting the adaptive reuse of 55,000 square feet of historic property that is currently vacant.

It will be converted into a mixed-use development that includes 40 apartments, with a gourmet food processing facility and associated retail space on the ground floor below the apartments.

ESD President, CEO and Commissioner Howard A. Zemsky said in the release that the Better Buffalo Fund’s targeted grants funding mixed-use development projects will revitalize Buffalo’s commercial corridors and bring residents back to the city’s neighborhoods. Commissioner Zemsky added that this will strengthen communities and secure the city’s economic future.

University at Buffalo President Satish K. Tripathi, who is also co-chair of the Western New York Regional Economic Development Council, said in the release that these projects have the opportunity to reinvigorate the most neglected areas of the city and make real, quality of life improvements.

SolEpoxy President Jeff Belt, also co-chair of the Western NY REDC, said in the release that these projects are the first step in creating a vibrant, thriving city.

Here’s the full list of 21 awardees in the first round.

TOD projects: Lisbon Commons – $2,000,000 loan; Niagara Gateway Apartments – $1,810,000 loan; Turner Brothers Loft – $1,500,000 loan; The Midtown Apartments – $1,200,000 loan; 960 Busti – $800,000 loan; New building on 363 Grant Street – $440,000 loan; Bellamy Commons – $100,000 grant; and 1373 Main Street – $100,000 grant.

Main street projects: Former St. Margaret’s School – $500,000 grant; Gerard Place Community Education Center – $500,000 grant; Broadway Fillmore – $300,000 grant; Grant Ferry – $300,000 grant; Fillmore Avenue Business Project – $300,000 grant; Elmwood Village Main Street Initiative – $300,000 grant; Lower Niagara St. Buffalo Main Streets Initiative – $300,000 grant; Seneca Street/Caz Commercial Corridor Building Renovation Fund – $300,000 grant; Niagara Street Cornerstone – $282,500; Lovejoy Revitalization – $275,000; Torn Space Theater – $175,000; Parkside Candy Initiative – $125,000 grant; and Grant/Garner Cornerstone Revitalization – $115,000 grant.

A second round of Better Buffalo Fund grant and loan awards will be announced later this year. Meanwhile, ESD is offering technical assistance to organizations that need help in preparing for the next round of funding awards under this program.

Find out more about the Better Buffalo Fund and application process on the New York State economic development agency website at esd.ny.gov.

Schenectady, NY Economic Development Grants Secure Automated Dynamics Expansion

High-tech composite structures manufacturer Automated Dynamics will relocate and expand to a new facility at the Niskayuna Commerce Park in Schenectady County, NY.

Niskayuna Commerce Park

Niskayuna Commerce Park, NY (photo – galesi.com)

Supported by a Schenectady economic development grant and New York state tax credits approved by Empire State Development, the company is investing $3.5 million, creating 20 new jobs and retaining the existing 30 jobs.

Automated Dynamics has outgrown its existing facility in the City of Schenectady, NY and initiated a site selection process in which they looked at numerous sites in New York and other states before deciding to stay in Schenectady County and relocate to the Niskayuna Commerce Park in the Town of Niskayuna, NY.

Automated Dynamics President Robert Langone said in a release announcing the project that with the support of Governor Cuomo and Empire State Development, they are proud to announce the new building and exciting growth plans.

Langone added that they appreciate the support of the Schenectady County Metroplex Development Authority, the Town of Niskayuna and the Galesi Group.

In order to secure the project, ESD has offered the company $300,000 in performance-based Excelsior Jobs Program tax credit tied to Automated Dynamics’ job creation plans. The company hopes to create 30 to 50 jobs over the next few years.

Empire State Development President, CEO and Commissioner Howard Zemsky said in the release that the Automated Dynamics expansion is another great example of successful business development resulting in job creation in the Capital Region.

The Schenectady County Metroplex Development Authority is additionally providing local incentives for the project in the form of a $60,000 economic development grant.

The Galesi Group, which owns the Niskayuna Commerce Park, will build a new 30,000-square-foot building for Automated Dynamics this summer. The company’s investment will enable it to lease the space and purchase new machinery and equipment for increasing production.

The park has more than 100 acres of shovel-ready land ideal for growing tech firms, with the Galesi Group offering built-to-suit facilities of up to 100,000 square feet for light industrial or office and technology projects. It is already home to a $20 million Army Reserve Center and a Unilux Advanced Manufacturing facility.

Niskayuna Town Supervisor Joe Landry said that Automated Dynamics is just the type of high-tech company they want to attract to the Niskayuna Commerce Park. Landry added that they thank Gov. Cuomo and ESD for working closely with their local economic development team to get this project moving forward.

Landry also noted that this project will help them attract additional high-tech jobs to the growing business park.

Cuomo Trade Mission Kicks Off New York-Cuba Economic Development Discussions

On April 20, 2015, Governor Andrew M. Cuomo led a delegation of industry leaders and the NY Senate and Assembly leadership on a one day trade mission to Cuba.

Cuba Si

Cuba Si (photo – twicepix/flickr)

This is the first Governor-led trade mission from the United States to Cuba following the initiation of normalization of diplomatic relations between the two countries.

Upon landing in Cuba, Governor Cuomo had a working lunch with Cuban Minister of Trade and Foreign Investments Rodrigo Malmierca Diaz. The ten staff members who were a part of the delegation included New York economic development agency staff.

Governor Cuomo said in a release issued before departing for Cuba that the representatives in New York’s delegation will help ensure Empire State companies are at the front of the line as the door opens to a market that has been closed to U.S. enterprise for over half a century.

Empire State Development President, CEO and Commissioner Howard Zemsky added that New York State will be leading a series of economic development trade missions that will strengthen existing trade relationships and create new ones.

In the afternoon, Gov. Cuomo delivered remarks to kick off a series of roundtable meetings between delegation members and their potential partners in Cuba.

The NY trade delegation included prominent business leaders from different industries that see a lot of potential in Cuba. Air travel, for example, was represented by JetBlue and the Plattsburgh International Airport. The U.S. airline industry is expected to be one of the biggest beneficiaries of the normalization in relations with Cuba.

JetBlue Airways CEO Robin Hayes was their representative on the trade mission, along with EVP General Counsel and Governmental Affairs James G. Hnat. Long Island City, NY-based JetBlue has more than 6,000 employees in New York, and is a leading carrier in Florida. JetBlue carries more than 32 million passengers every year to 87 cities across the U.S., Caribbean, and Latin America.

Plattsburgh International Airport, an important regional transportation hub in Upstate New York, was represented on the delegation by Plattsburgh-North Country Chamber of Commerce President and CEO Garry Douglas, who is also co-chair of the North Country Regional Economic Development Council.

Here’s a full list of the other industry sectors and companies represented on the Cuba trade mission:

Air Travel – JetBlue and Plattsburgh International Airport

Financial Services – MasterCard, represented by MasterCard Vice Chair Walt M. Macnee;

Health, Biotech and Pharma – NY Genome Center, Pfizer, Regeneron and the Roswell Park Cancer Institute;

Technology – Infor, represented by CEO Charles Phillips and Steve Fanning, VP Healthcare Industry Strategy.‎

Agriculture – Cayuga Milk Ingredients CEO Kevin Ellis and Chobani CEO Hamdi Ulukaya; and

Higher Education – SUNY Chancellor Dr. Nancy L. Zimpher and Dr. Jose F. Buscaglia-Salgado, director of Caribbean, Latin American, and Latino Studies, University at Buffalo.

NYC Secures Historic Economic Development Agreement to Build Office Tower With Living Wage Jobs

Brookfield Property Partners has reached an agreement with the NYC Economic Development Corporation for building their new $2.2 billion One Manhattan West office tower in the Hudson Yards District.

NYC Mayor signing of living wage executive order

NYC Mayor signing of living wage executive order (photo – usdol/flickr)

The project will generate more than 10,000 construction and permanent retail and office jobs in New York City, and Brookfield has agreed to subject all these jobs to the City’s new Living Wage standard.

This is the first such agreement for an economic development project in NYC after Mayor Bill de Blasio issued the Living Wage Executive Order. It increases wages in projects supported by City subsidies to over $13 per hour and also makes it applicable to tenants after project completion.

Mayor Bill de Blasio said in a release announcing the agreement with Brookfield that they are incredibly proud to see this agreement come to fruition. The Mayor thanked Brookfield Properties, anchor tenant Skadden Arps and the staff of the NYC Economic Development Corporation for collaborating on this dynamic addition to the city.

Deputy Mayor for Housing and Economic Development Alicia Glen added that there was no shortage of voices who said a deal like this could never happen, but through productive negotiations, they were able to see the policy objectives realized.

Deputy Mayor Glen added that this fundamentally changes the way in which NYC uses its economic development tools.

NYCEDC President Kyle Kimball noted that when they look at job creation, they don’t only consider quantity, but quality as well. Kimball thanked Mayor de Blasio, Deputy Mayor Glen and Brookfield for crafting this agreement in a way that puts New Yorkers on a path to a brighter future.

One Manhattan West is a 2.1 million square feet Class A office tower project on a five-acre site. The tower will be anchored by law firm Skadden, Arps, Slate, Meagher & Flom LLP. At the tower’s base will be a two-acre plaza lined with retail space.

These retail jobs, office cafeterias and parking facilities typically create jobs that mostly offer minimum wage. But the Living Wage order, and the agreement reached with Brookfield Properties, ensures that these jobs will now offer significantly higher wages.

The living wage has been set to $13.30 per hour without benefits ($11.90 with benefits), and will be adjusted every year to account for Consumer Price Index changes. By 2019, the living wage is expected to rise up to more than $15 per hour.

Retail, Wholesale and Department Store Union President Stuart Appelbaum said in the release that economic development is only truly effective when the jobs created enable people to earn enough to survive in the city. Appelbaum added that they congratulate Mayor de Blasio for discarding outdated notions of economic development under which building for building’s sake was thought to be sufficient.

Construction on One Manhattan West is expected to begin this year and be completed by 2020.

BFC Partners Breaks Ground on Empire Outlets – Staten Island’s Largest Economic Development Project

BFC Partners has broken ground on Empire Outlets, a catalytic 340,000-square-foot retail complex on Staten Island’s North Shore that will create more than 1,800 jobs and generate $285 million in private investment.

Empire Outlets is the largest Staten Island economic development project since the Verrazano-Narrows Bridge was built.

Video – Empire Outlets

The catalytic Empire Outlets project, billed as NYC’s first outlet destination, is one of the core components of the $1 billion private investment that is being poured into the revitalization of Staten’s Island North Shore.

Empire Outlets will be the retail centerpiece of a whole new entertainment district on the Staten Island waterfront, located at the base of the St. George Ferry Terminal, a 20-minute free ferry ride from Manhattan used by 65,000 people every day.

The retail complex includes plans to house 100 designer outlet retailers, along with a host of restaurants and cafes. The plans also include a 190-room hotel on the waterfront, offering sweeping views of the Manhattan skyline.

A 1,250-space structured parking garage will be built below the retail outlets and hotel. The construction also includes green design components such as a sustainable green roof that can be seen from the harbor.

Next to the Empire Outlets will be the New York Wheel, which at 630 feet is expected to be the largest observation wheel in the Western Hemisphere. The New York Wheel by itself expects to attract 4.5 million visitors annually.

Donald Capoccia, principal at BFC Partners, said in a release that Empire Outlets is a well-timed catalyst that will trigger the transformation of the North Shore and position Staten Island for sustained growth into the foreseeable future.

Staten Island Borough President James Oddo noted that the project is an economic development bonanza in and of itself. Oddo added that its benefits can grow exponentially as Empire Outlets encourages future investments in the community.

NYC Economic Development Corp President Kyle Kimball said that by utilizing HireNYC, the 100 stores that will call Empire Outlets home are not just providing shopping opportunities, but also job opportunities to the local community.

BFC Partners has agreed to fill at least 50 percent of the permanent jobs created at Empire Outlets using NYCEDC’s HireNYC program. This free program connects New York City’s workforce development services to economic development projects in the five boroughs so that local, low-income New York City residents have access to the jobs created by these projects.

The $285 million investment in the project includes $130 million from Goldman Sachs, made through its Urban Investment Group.

New York State economic development agency Empire State Development President, CEO and Commissioner Howard Zemsky said in the release that Empire Outlets meets the NYC Regional Economic Development Council’s long-term goals for growth in the region.

Commissioner Zemsky added that they are proud to have worked with both NYCEDC and Goldman Sachs to support this exciting new venture.

 

NYC Seeks Broadband Call for Innovations

As part of an effort to close the digital divide and drive down the cost of Internet in the five boroughs, New York City announced the formation of a Broadband Taskforce and put out an open “Call for Innovations” which the City hopes will generate new approaches for reaching underserved communities.

NYC Call for Innovations

NYC Call for Innovations (photo – nyc.gov)

The Broadband Taskforce will be reviewing ideas emerging from the CFI and exploring how these ideas can be connected to larger broadband strategies.

Mayor Bill de Blasio said in a release announcing these initiatives that the digital divide creates a fundamental difference between those who have access to economic and educational opportunities and those who do not.

The Mayor added that ensuring that all New Yorkers have affordable, high-speed Internet access is a top priority for his administration and a key strategy in their agenda to fight inequality.

New York City Chief Technology Officer Minerva Tantoco likewise noted that eliminating the digital divide is one of the defining issues of our modern age, one that requires ideas as big and bold as the problem itself.

Tantoco added that the Call for Innovations presents an incredible opportunity to deliver free or affordable Internet to millions of New Yorkers who don’t have it at home.

The Mayor’s Office of Technology and Innovation has released an open solicitation for new ideas and proposals for providing affordable broadband in underserved communities. You can get the details and submit your policy ideas and project proposals at innovation.nyc.

The CFI initiative targets technology companies and entrepreneurs, along with smaller ISPs who have insight into the entry barriers in the NYC telecommunications and Internet marketplace.

NYC Deputy Mayor for Housing and Economic Development Alicia Glen said they’re calling on the city’s tech ecosystem to contribute their most innovative ideas to fuel this process, which in the long term will be a major asset not just to individuals, but to the city’s businesses and the broader economy.

NYC Economic Development Corporation President Kyle Kimball said that enlisting the tech sector and the city’s entrepreneurs to come up with creative solutions connecting more New Yorkers to educational resources, health care, and job opportunities online helps to both foster emerging businesses and create a more fair and equitable city.

The Broadband Taskforce will be led by Counsel to the Mayor Maya Wiley, who said in the release that they will build the bridge that crosses the digital divide and creates a 21st century road to opportunity by bringing together experts as advisors on the Broadband Task Force, building the City’s staffing, and engaging the public in sharing information and ideas.

Historic Shoe Maker Reshores Manufacturing Operations Back to Batavia, New York

PW Minor, one of the few remaining shoe manufacturers in the United States, announced plans to bring overseas production work back to its historic manufacturing facility in Batavia, NY.

PW Minor shoes

PW Minor shoes (photo – pwminor.com)

Supported by New York economic development incentives, the company is investing $7.35 million to automate processes that will enable production of leather footwear and orthopedic products at costs comparable to its operations in China.

This will in turn enable the company to shut down its overseas operations, reshore production to the Batavia facility, and create 100 new jobs.

PW Minor was founded in 1867 as Minor Brothers Boots and Shoes by Peter Wycoff Minor and his brother, Abrahm Vorhees. They came up with the idea of starting a business to make handcrafted shoes while trekking back home from the Civil War to their home in Interlaken, NY.

It is now the oldest company in Genesee County, but barely survived through last year. The company was scheduled for closure in July last year, and was saved at the last minute when it was acquired by Batavia Shoes LLC, headed by Andrew Young and Peter H. Zeliff.

The new owners paid $2.85 million for buying the historic company’s assets. At that time, New York economic development agency Empire State Development supported the new owners’ job creation and retention plans by providing up to $449,505 in performance-based Excelsior Job Program tax credits for the project.

In return, Batavia Shoes LLC committed to keeping PW Minor open, retaining 50 existing jobs and creating 17 additional jobs. With the company now undertaking another expansion and adding 100 more jobs, ESD is once again providing up to $1.75 million in Excelsior Jobs Program tax credits, also performance-based.

Without these ESD incentives, PW Minor would not have been able to survive, add and retain jobs, close its production operations in China and initiate another expansion in Batavia.

Peter Zeliff said in a release announcing the project that bringing their production back to New York is a priority, and added that there will come a day when they will be able to proudly stamp “Made in America” on each and every pair of shoes with the PW Minor brand name. Zeliff added that they are excited to be a part of the resurrection of this American icon.

Governor Cuomo said in the release that “Our priority is not only to attract new businesses to New York, but also to ensure that the ones already here continue to grow.” The Governor added that he is pleased that these jobs are being brought back to New York State, where they belong.

ESD President, CEO and Commissioner Howard Zemsky said that PW Minor’s decision to bring jobs back from overseas is a testament to the quality of the region’s workforce and New York State’s welcoming environment for growing a business.

Genesee County Chairman Raymond F. Cianfrini thanked Peter Zeliff and Andrew Young for saving the historic business when it was on the brink of closure and now bringing additional jobs back from overseas with New York State’s assistance.

Buffalo, NY Economic Development Groups Secure TROVE Data Expansion

TROVE Predictive Data Science is expanding its operations in the Town of Cheektowaga, NY.

TROVE

TROVE (photo – trovedata.com)

Supported by Buffalo Niagara Enterprise and New York economic development agency Empire State Development, TROVE is investing $3.3 million and creating 36 high-paying, high-tech jobs.

TROVE, which provides analytical solutions and data-driven insights to its customers, has its headquarters located in the Calspan Business Park in Cheektowaga.

The company’s applications are being used by utilities such as Avista, Southern California Edison, and the Oklahoma Gas and Electric Company for everything from load forecasting to revenue protection and demand-side management.

TROVE has doubled its growth in the past year, and managed to secure investments from Avista Corp. (NYSE: AVA) and Itron, Inc. (NASDAQ: ITRI). The $8.4 million in strategic capital that TROVE raised in the latest round of funding is being used to hire high-wage developers and data scientists to support and maintain the growth trajectory.

TROVE CTO Dr. Adam Stotz said in a release announcing the expansion that the Buffalo Niagara region’s fantastic educational system and the state of New York’s focus on encouraging the growth of local business were the deciding factors for their decision to expand locally rather than in another location.

Keeping the company in the region was important not just because of the job creation and economic impact of the expansion and TROVE’s continued operations in Western New York.

It’s also important because the cutting-edge technologies they are developing to turn data from a variety of sources into usable information is billed as the next step in grid evolution and the smart cities movement. Making sure that TROVE stays in the region and its growth continues unhindered could prove to be a big deal for Western New York.

Newly confirmed Empire State Development President, CEO and Commissioner Howard Zemsky said in the release that by offering high-paying jobs, Trove will have an economic impact on Western New York that is far-reaching. Commissioner Zemsky added that the company will be able to enhance its product development process and expand into new markets.

Buffalo-Niagara economic development group BNE worked with ESD to secure the TROVE expansion. The company has been offered up to $600,000 in performance-based Excelsior Jobs Program tax credits.

BNE President and CEO Thomas Kucharski said they were successful in convincing TROVE that the region was the best solution for their expansion needs by proving that Buffalo Niagara is a high-quality and low-cost alternative to many other markets across the United States.

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