The Mohawk Valley is at the threshold of a new era of economic opportunity that has not existed since the “loom to boom” period following the end of World War II. This past August, Governor Cuomo made two game changing announcements that represents a seventeen year vision to position the SUNY Polytechnic Institute campus in Marcy as a key part of a growing nanotechnology ecosystem.
The Governor announced that ams AG, an Austrian based high performance analog semiconductor company, selected the Marcy Nanocenter site for construction of a 300 mm wafer fabrication facility. Site development is underway with the goal of commencing construction of the fab by April of 2016.
In addition, the Governor confirmed that GE Global Research would sublease a portion of the Quad C for its Silicon Carbide Power Electronics Packaging Center. This places SUNY Polytechnic’s Marcy campus as a critical part of what promises to be a dynamic industry that will revolutionize the development of power electronics.
The ams, AG and GE projects will infuse $4 billion in public and private investment, create more than 2,500 direct and indirect jobs, and establish a foundation that can attract additional semiconductor and advanced electronics manufacturing companies. Full build out of Marcy Nanocenter and Quad C can add three to four times the number of jobs currently committed at the SUNY Poly Marcy campus. The economic impact of these announcements are just beginning to be felt as supply chain companies, commercial developers and existing businesses are looking favorably upon the region as a place to invest.
The emergence of the SUNY Poly campus as a catalyst in our region’s economic renewal is complemented by the exciting opportunities that are beginning to take place at Griffiss International Airport as a test site for Unmanned Aerial Systems (UAS). The integration of UAS systems in the commercial air system is expected to be an $82 billion market by 2025 with over 100,000 jobs nationally. The region is positioned to garner a share of this emerging industry sector that will help attract new jobs and private investment and establish a UAS corridor in Central NY and the Mohawk Valley.
Success is infectious and there are ample examples of the confidence that is emerging in this region. New market rate apartments have been built in Rome. Griffiss continues to be a major regional employment center with over $581 million in public and private investment and nearly 5,800 jobs. Downtown Utica is attracting new investment with the redevelopment of the Landmarc building and investors are continuing the revitalization of Baggs Square. Long awaited development plans for the redevelopment of Utica’s harbor area are being finalized with opportunities for mixed-use commercial-residential development and recreational improvements. This region has momentum and we are just scratching the surface of what is possible.
Governor Cuomo called the August 20th announcements on ams AG and GE a “transformative moment that will make a difference in peoples’ lives in the Mohawk Valley for generations to come.” As 2015 draws to a close, there is a renewed sense of optimism and confidence about the region’s economic future. We are excited and anxiously look forward to next year as we are headed on a trajectory that will create economic opportunities, attract new investment and begin to reverse decades of population decline!
Since 2000, tens of billions of dollars, in private and public investment, has empowered New York State’s semiconductor industry. Marcy Nanocenter, located at SUNY Polytechnic Institute’s Marcy Campus, is in the heart of New York’s growing Nanoelectronics Manufacturing and R&D Cluster. New York State recently announced that Austrian based ams will be locating a new 300 mm water fabrication facility at this site. Site work is currently underway for a spring 2016 groundbreaking. The Marcy Site is uniquely positioned to attract similar semiconductor firms that will need to add capacity with projected growth in memory, flash and sensors. The Internet of Things (IoT) market is expected to exhibit explosive growth with 50 billion devices being connected to the internet by 2020.
Collaboration by academia, industry and government has built a vibrant nanotechnology ecosystem. Mohawk Valley EDGE in cooperation with SUNY Poly and our partners are acting as lead developers to advance the Marcy Nanocenter site for the semiconductor industry and further add to New York’s position as a major global hub.
In July ams executed an Alliance Agreement with Fort Schuyler Management Corporation (FSMC) and EDGE that will result in a new semiconductor wafer fabrication facility on the Marcy Nanocenter site built by FSMC and leased back to ams. The project will more than double ams’s existing manufacturing capacity, and thus enable the company to support its growing customer base.
Ams develops and manufactures high performance analog semiconductors. Headquartered in Austria, ams is engaged in the areas of sensors and sensor interfaces, power management and wireless technologies. Their products serve communications and consumer electronics, industrial, automotive and medical electronics markets. Employing around 1,800 people in over 20 countries, ams operates direct sales offices in all major regions of the world.
Other investments being made by local companies and higher education institutions are helping to advance the Mohawk Valley as a critical nano corridor hub.
The Mohawk Valley has been a part of the nanotechnology network for over 80 years. Indium Corporation, founded in 1934, develops and manufactures materials used in the electronics industry and is planning to invest $50 million over the next five years and create 105 nanotechnology ecosystem jobs. By expanding their local manufacturing facilities the company is able to in-source operations currently being done out of New York State as well as create a simulation lab in partnership with SUNY Poly to research semiconductor packaging technologies. The lab could provide services that are currently provided by vendors in Taiwan.
SUNY Poly is undertaking two new initiatives that will expand the capabilities of the Marcy Campus. The GE Global Research SiC Power Electronics Packaging Center will develop a power electronics facility to package silicon carbide (SiC) chips in the Quad-C. SiC technology would be an alternative to silicon chips and is expected to produce lighter, more durable and more efficient chips that could be used in everything from airplanes to dishwashers to hybrid vehicles to solar panels. GE is looking to create nearly 500 direct jobs with room to double job growth as the market for SiC power electronic packaging devices grows.
The proposed SUNY Poly Innovation Center and Advanced Manufacturing Performance (AMP) Center is part of the developing supply chain growth ecosystem. AMP establishes a testbed site for studying the causes of defects and contamination in manufacturing systems and components and develops methods to improve quality. AMP will initially focus on the semiconductor industry and will expand into nanotechnology, photovoltaic, power electronics, LED lighting, MEMS, bio/medical, IT and big data. The project will create 45 jobs over
the next three years.
Griffiss Park has undergone several capital projects in the past year, with many more on the docket to be completed in 2016.
Thanks to a $10 million item in the enacted 2015 NYS budget, the Department of Transportation will be completing the remaining one-mile stretch of Route 825 between the roundabout at Ellsworth and Geiger Roads and the static B-52 display and Mohawk River bridge in the coming year. The current two-lane section of the roadway will become four lanes wide — like the rest of the road that connects Black River Boulevard and Route 49. GLDC already completed the planning and design of the road and is under contract with Barton & Loguidice to complete any updates and prepare for a 2016 spring construction start.
GLDC completed a sale of 8.04+/- acres of land on the northwest corner of Brooks Road and Otis Street to Kris Tech Wire Corporation. Kris Tech Wire is currently constructing a 45,000 square-foot facility and upgrading equipment to increase efficiency and capacity. The $6 million project created 75 construction jobs, retained 36 jobs and the company plans to add an additional three employees.
In preparation of future development, GLDC purchased Building 240, a former Air Force property, from the Office of General Services. With the demolition of Building 240 as well as some smaller adjacent buildings, a 25-acre development site with frontage on Route 825 will be available. The building is on schedule to be demolished over the coming months. Elan Planning and Design was hired to conduct multiple site mixed use and commercial development options.
Immediately following the announcement of demolition Stewart’s Shops Corporation approached GLDC to purchase 2+/- acres the corner of NYS 825 and Floyd Avenue. The sale of the property is conditioned on GLDC’s ability to demolish Building 240 and on Stewart’s completion of due diligence.
Test Flights Completed
Aurora Flight Sciences made history over Central New York this summer flying multiple unmanned flights of its Centaur optionally piloted aircraft (OPA) from Griffiss International Airport in Rome. The successful test flights were conducted in collaboration and compliance with the Unmanned Aircraft Systems (UAS) Test Site located at Griffiss and managed by the Northeast UAS Airspace Integration Research (NUAIR) Alliance. This milestone was the first time any large-scale fixed wing aircraft has flown at any of the six FAA designated unmanned aircraft test sites in the U.S.
|UAS Test Flights||Certificate of Authorization Applications|
Lockheed Martin Corp. and Kaman Aerospace have used the Griffiss test site to demonstrate the capability of its K-Max UAS helicopter.
Oneida County is installing a Ground Based Sense and Avoid system at Griffiss International Airport to deploy state-of-the- art range instrumentation that can track UAS in the air and provide first of its kind testing capability in the country. This technology supports the development of the test site’s FAA mission of supporting development of a Sense and Avoid (SAA) system. This range instrumentation is slated to be operational by late 2015. Oneida County has refurbished a hangar and adjacent ramp access facilities at Griffiss International Airport to support NUAIR and position Griffiss for additional UAS development.
NUAIR collaborates with CenterState CEO, MassDevelopment and Mohawk Valley EDGE to support the UAS and sensor industry in the region.
Because of the FAA designation of Griffiss as a test site many companies are looking to expand in the Mohawk Valley. This past year Mohawk Valley Community College secured its first START-UP
NY tenant- Pro Drones USA, LLC.
Pro Drones USA, LLC, will be coming to the newly renovated Rome campus as part of the START-UP NY program, which aims to attract small technology companies to college campuses in exchange for state incentives.
The company was established as the U.S. expansion of a Canadian firm, AVYON, which has the exclusive rights to manufacture, distribute and develop custom solutions for German unmanned air vehicles.
Pro Drones, which plans to create five jobs and invest $1 million locally. The company recently obtained its first authorization from the FAA to conduct test flights in the U.S.
The 2015 March Street improvement project is located in the largest employee population center on campus. March Street is a popular road for employees to walk on during breaks but until now has lacked pedestrian scale amenities (sidewalks, pathways, crosswalks, etc.) This year’s primary capital improvement project addressed that issue, while at the same time aligning perfectly with planning and zoning guidelines established in the 2009 Griffiss Business and Technology Park Framework and Open Space Network Master Plan.
The resulting “City Street” aesthetic provides a safe and enjoyable environment for pedestrians, encourages future development along the March Street corridor, and encourages campus unification.
2015 also included the addition of signage on the Griffiss International Sculpture Park and Nature Trail, two new sculptures, as well as custom built benches placed at key respite areas along the trail.
NEARLY TWO LINEAR MILES OF STONE DUST TRAIL
19 PUBLIC SCULPTURES
The Commercialization Academy is facilitating tech transfer through the Department of Defense in a way not seen before. The program pairs entrepreneurs with Air Force Research Lab technologies to encourage commercialization of AFRL patents. Each IP technology and entrepreneur go through an intense vetting process; whereby individuals participate in a six month acceleration process to build that piece of IP into a sustainable startup. During that six months, entrepreneurs receive education that teaches the process of building a startup. Entrepreneurs also receive personal mentorship and incubation from venture capital firm Wasabi Ventures. This approach of identifying the right people and the right intellectual property, followed by six months of intense incubation, is leading to a new way forward in Department of Defense Tech Transfer.
The 2015 Commercialization Academy kicked off in January, with more than 20 teams submitting applications to enter the program. Nine teams began the program, and five startup teams made it through the challenging eight-month program, advancing to Demo Day, held on October 5th at the Griffiss Institute. The support of Wasabi Ventures’ mentoring and education involved hundreds of meetings and thousands of mentoring interactions, resulting in five teams creating legal entities, licensing Intellectual Property, developing products, and developing go-to-market strategies.
EDGE has played an active role in identifying Consolidated Funding Application (CFA) projects and helping those businesses navigate the application process. Over 35 businesses were assisted by EDGE in this process which represents $13.8 million of the $30 million in 2015 Priority Project recommendations.
The partnerships formed by the MVREDC process have also enabled EDGE to strategically market the region’s assets to a larger audience. This past year Mohawk Valley EDGE, with support of National Grid was able to exhibit at the Fancy Food Show in New York City with the CNY Fresh brand. This opportunity allowed EDGE to reach 2500 companies from 25+ countries about relocation potential in the Mohawk Valley. EDGE was able to bring Mercer’s Dairy and Adirondack Distilling to the show and enable both companies to exhibit on a global stage.
After nearly a half- century of economic upheaval that has seen the exodus of jobs, population and wealth from the region, the Mohawk Valley is at the threshold of an economic transformation. Funding through the Upstate Revitalization Initiative (URI) provides the opportunity to create a regional framework that will instill the type of synergy needed to realize economic results far greater than the “individual sum of the parts,” and fulfill the overarching objectives envisioned when the Regional Economic Development Councils were created.
With the advent of the URI competition, stakeholders throughout the Mohawk Valley decided to take the next bold step in building regional cooperation and important regional connections by forming the MV500 Strategy group. EDGE President Steven DiMeo served as a Co-Chair along with EDGE Board Members Dr. Robert Geer, Larry Gilroy, Alicia Dicks, Nicholas Matt, Ray Halbritter and Fulton Montgomery Community College President Dr. Dustin Swanger. EDGE contributed to the production and creation of the URI plan as well as video production, public outreach and media engagement.
The goals of the MV URI plan are ambitious yet attainable as evidenced by the projects that are described in the plan.
The full plan can be found at www.regionalcouncils.ny.gov
EDGE and its partners have a coordinated small business development effort aimed to assist existing businesses and new investment opportunities.
In 2014, Oneida County received a $200,000 grant for a Microenterprise Grant Program from the New York State Office of Community Renewal, and entrusted Mohawk Valley EDGE to oversee the program and assemble a committee to review each application. Two projects have been completed so far this year with another two on track to finish up in December.
In cooperation with Oneida County EDGE helped secure $1.98 million in Homes and Community Renewal funds to assist economic development projects that are leveraging $17.7 million in private investment and will creating 135 jobs.
Insurance, manufacturing, warehousing and housing were just some of the industries assisted by the Oneida County Industrial Development Agency in 2015. Eligible projects received payments in lieu of tax agreements, relief from mortgage recording tax and relief from sales tax on materials, machinery, equipment and furnishings used in new projects. Because of these projects over $564 million has been invested in the community, 786 jobs were created and 228 jobs were retained. In furtherance of the Oneida County Vision 2020 – “Path Toward prosperity Initiative,” the Oneida County Industrial Development Agency created a specialized housing Policy to encourage development of specific types of market rate rental housing. This policy meets the demands of changing population and workforce demographics and takes into account an evolving housing market that places an increasingly higher preference on lifestyle choice and geographic mobility. The expansion of OCIDA’s policy to support eligible market rate rental housing is largely driven by the anticipated employment opportunities that will be created by the nanotechnology and emerging innovation economy where a segment of the new work force that will be attracted to these type of jobs prefer market rate rental housing and unique urban living lifestyles.
Utilizing help from our partners, EDGE embarks on a robust business outreach effort every year. In 2015 EDGE visited or spoke to over 232 businesses in Herkimer and Oneida Counties, had 39 project leads in everything from agribusiness to unmanned aerial systems and has had 16 site visits.
Thanks to everyone at EDGE for bringing a farm brewery to Oneida County. — A.J. SpadoCo-owner, Woodland Hop Farm and Fermentation, Inc.
The fourth annual Locavore Dinner held at Munson Williams Proctor Arts Institute celebrated the bounty of the agricultural and agribusiness community. The Mohawk Valley has been known for its quality food products for generations – food and farms are cornerstones of the regional culture and economy. Current national trends such as the farm-to-fork movement and initiatives advocating for fresh produce for healthy living and wellness are fueling the growth of the local food movement.
The diversity of businesses that comprise the food and farm ecosystem is immense, representing all facets of the agricultural value chain – specialty crop producers, livestock and dairy farmers, food processors both small and large, wholesalers, shippers, farm insurance and a robust inventory of farmers markets, restaurants and food retailers.
Some of the best food, wine, spirits and beer are grown and produced right in our backyard and over the course of the dinner many of them were sampled. A special thanks to Deb Richardson and Patrick O’Connor at A Moveable Feast for coordinating and sourcing the meal entirely local.
Speakers included Rich Michaels from FX Matt Brewing, Chris Hill from OHM BOCES, Steve Miller from Cornell Cooperative Extension, Commissioner of Agriculture and Markets Richard Ball and SUNY Cobleskill Professor Jason Evans.
PLATINUM SPONSORS INCLUDE: Bond, Schoeneck and King, First Niagara Bank, National Grid, NBT Bank, Oneida Indian Nation and Oneida Savings Bank
GOLD LEVEL SPONSORS INCLUDE: Adirondack Bank, Bank of Utica Berkshire Bank, Carbone Auto Group, First Source Federal Credit Union, Key Bank and M&T Bank
SILVER SPONSORS INCLUDE: Adjusters International, BNY Mellon, Cathedral Corporation, ConMed, Excellus Blue Cross Blue Shield, Gilroy, Kernan and Gilroy, March Associates, MVCC, Northland Communications, Saunders Kahler and Utica College
The 14th Annual Leading EDGE Awards, held at SUNY Polytechnic Institute, are an opportunity to recognize businesses and individuals who have made valuable contributions to the region’s economy. Keynote speakers Howard Zemsky, President and CEO of Empire State Development and Jeff Idelson, President of the National Baseball Hall of Fame and Museum both spoke to the crowd about different types of economic development and community investment.
2015 LEA WINNERS:
BOILERMAKER ROAD RACE – World class runners, fitness enthusiasts, and amateurs brave the heat to run a 15K race with the real prize being the opportunity to party at the Brewery and enjoy the fine products made by the FX Matt Brewing Company. Now in its 38th year the Boilermaker has grown from a single day race with 876 runners to a weeklong event and over 21,000 runners.
CTM CORPORATION – an excellent example of the innovation and manufacturing know-how that exists here in the Mohawk Valley. CTM Corporation in Frankfort started out as a precision machining shop and has since evolved into a state-of the-art design and production company- whose products range from 3D printing to NASA’s Phoenix Mars Rover.
MERCER’S DAIRY – which produces award winning ice cream that is enjoyed not only locally but has attracted quite a fan base both nationally and internationally. Since the 1950’s generations of customers have enjoyed Mercer’s Dairy in Boonville. Now with revolutionary advancements to their ice cream line, they have pioneered wine ice cream. The company is 100% female and family owned and creates unique wine ice cream flavors that are sold in 20 plus states and 15 plus countries.
REVERE COPPER – one of the oldest manufacturing companies in the United States. Revere and other companies representative of the metals cluster are also part of the dramatic increase in global exports as our products are finding their way to other global markets.
VARFLEX CORPORATION – has been a fixture in Rome since 1924. Varflex makes electrical sleeving that is used in many types of electrical equipment, applications that include aircraft and the military. The company completed the purchase of a building from RIDC that will enable it to add production capacity that strengthens its presence here in the Mohawk Valley for years to come.
CHRISTOPHER DESTITO AWARD – At every Leading EDGE Awards we continue to remember, honor, and celebrate a founding EDGE Board member; Christopher Destito. He was a community champion who believed in the potential of the entire region.
The Christopher Destito Award was created to honor an individual who possesses the same characteristics as Chris.
Albert Mazloom was this year’s recipient of the Christopher P. Destito Award. Albert has been a lifelong resident of the Mohawk Valley and embodies the true meaning of community citizenship. He has devoted a great deal of time throughout his professional career to community causes.
Many of you know Albert Mazloom from his day-job as founder of Trenton Technology, but many of Albert contributions to the community go way beyond that. Those who know Albert Mazloom and have witnessed firsthand the drive, dedication and energy he devotes to any project agree that he personifies the motto that Trenton Technology has adopted as its very own- “The harder we work- the luckier we get.”
This event and much of the work EDGE does would not be possible without the help of our financial supporters and partners.
SPONSORS OF THE LEADING EDGE AWARDS:
PLATINUM: M+W Group, O’Brien & Gere
GOLD: Bond, Schoeneck & King, First Niagara Bank, National Grid, NBT Bank, Oneida Indian Nation, Oneida Savings Bank, Workforce Investment Board
SILVER: Adjusters International, Basloe, Levin and Cuccaro, Carbone Auto Group, Cathedral Corporation, The Fountainhead Group, Indium Corporation, March Associates, Plumley Engineering, Simon Eisenbach Productions
BRONZE: Adirondack Bank, Bank of Utica, Berkshire Bank, First Source Federal Credit Union, KeyBank and M&T Bank
|Federal, State, and Local|
|National Grid Support||303,684||4%|
|Local Business Contributions||339,820||4%|
|Administration Fee Agreements||941,483||12%|
|New York State Grants & Other|
Support for Marcy Nano
Center @ SUNY IT
|Revolving Loan Program||128,209||2%|
|Property Development Program||676,382||9%|
|Management and General||838,014||11%|
|Marcy Nanocenter at SUNYIT||4,674,711||62%|
Ronald A. Cuccaro
Eve Van de Wal