Empire State Development
ReCharge NY, Economic Development Awards Spur Over $127M Of Investment
New York Power Authority economic development awards support more than 620 jobs across the state; green job components to be considered in future applications.
Honorable Mention Awards: 2019 Economic Development Deal Of The Year
Our most competitive Deal of the Year competition ever yielded a cornucopia of impressive projects that are bringing a bonanza of new jobs to locations across the U.S. Here’s the cream of the crop.
Squarespace Creating More Than 150 Tech Jobs In NYC
The tech company will expand its global headquarters into new space in the West Village, growing its New York City presence 20 percent by 2022.
D3 Engineering Expanding Operations In Upstate New York
The embedded product development company is expanding operations and will create up to 50 new jobs at a new location in Monroe County, NY.
Cree, NY State Form $1B Partnership To Create World’s Largest Silicon Carbide Device Facility
More than 600 Cree jobs will be created at the Marcy Nanocenter on SUNY Poly Campus in collaboration with the New York Power Electronics Manufacturing Consortium.
CBC Manufacturing Consolidating Operations In Upstate New York
The holding company will invest $4.45 million, and create and retain more than 80 new jobs in the City of Rochester over the next five years.
Netflix Expanding With New Production Hub In New York City
An expanded office space in Manhattan and six sound stages in Brooklyn will create up to $100 million in investments and thousands of jobs within five years.
2018 Economic Development Deal Of The Year: Gold Award
For excitement alone, we probably should call Amazon’s HQ2 the “Deal of the Century.” Jeff Bezos’ mega-project produced the first tie in the history of our annual competition.
Diageo North America Investing $31M In NYC Office Relocation
The alcohol beverage company will invest $31 million to create a new primary North America office at 3 World Trade Center, drawing 350 jobs to New York City.
Amazon HQ2 Sites Share BF’s 2018 Deal Of The Year Award
New York and Virginia, which each got selected to host Amazon’s HQ2 mega-project, are co-winners of the Gold Award in our 2018 contest.
NASA, NUAIR Partner To Grow Central New York Drone Industry
NASA will serve as an advisor in the development of a drone corridor and other unmanned aerial systems projects in New York State.
New York: Building a High Tech Future In The Empire State
The Empire State is busy building a high-tech future that includes a $5-billion advanced materials sector, more than 100,000 advanced manufacturing jobs and the top hub for research in semiconductors and nanotechnology.
Irish Firm Selects Rochester for U.S. Expansion
Energy storage startup NEST iON Limited will locate its new R&D facility at Kodak's Energy Storage Hub at the Finger Lakes Eastman Business Park.
Alstom Transportation To Create 200 Jobs In Upstate New York
The major expansion of the train manufacturer’s Steuben County operations is supported by $30 million from New York’s Upstate Revitalization Initiative.
Medical Tech Company Adding Over 100 Jobs In New York
Hill-Rom Holdings is eligible for more than $13 million in potential grants and incentives for its growth in Skaneateles Falls, NY.
Austrian Manufacturer Establishing U.S. HQ In New York
Seisenbacher Rail Interiors Inc. will create more than 50 new jobs at its Rochester, NY manufacturing facility.
Nearsighted
New York lawmakers complain about the short-term results of a long-term development program with 10-year incentives.
State Focus: New York – Accelerating Biotech Innovation In The Empire State
A $2.8-million investment from Innovate NY—matched by $21.5 million in private equity—is spurring the development of a biotech cluster in New York City.
Creative Food Ingredients Expanding In Wyoming County, NY
Canadian manufacturer of cookies will expand facility in Perry and increase employment.
Valeant Pharmaceuticals Expands Bausch + Lomb Facility In Rochester, NY
The ribbon cutting ceremony recognized the expansion and installation of the company's new manufacturing lines and its solar array, which is currently under construction.