Southern Tier Top Performer in Economic Development Competition

By WBNG News

Southern Tier Top Performer in Economic Development Competition

December 19, 2012 Updated Dec 19, 2012 at 6:53 PM EST

Albany, NY (WBNG Binghamton) The Southern Tier Regional Economic Development Council received $91.1 million dollars in the second round of a state competitive grant program.

The Southern Tier Council was named a Best Plan recipient.

"Last year we came in last place; this year we are a top performer,” said Broome County Executive Debbie Preston.

"After bouncing back from last year's flood, the Council returned with an even stronger set of priority projects. This historic regional collaboration will reap benefits for years to come," said Assemblywoman Donna Lupardo.

.BU President, Harvey Stenger and Corning Enterprises President and CEO, Tom Tranter accepted for the Southern Tier.

The Southern Tier's award was part of $738 million in grants to 10 regional economic development councils in New York.
 

The Councils were formed to develop projects to boost New York's economy and bring jobs.
    

This is the second round of grants being awarded.
 

The Southern Tier Council's proposal was one of three Best Plan awards handed out. Here are the highlights among 62 project approvals.

  • $7 million for the construction of the Southern Tier High Technology Incubator, a collaboration between Binghamton University and the regional economic development community, in downtown Binghamton.
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  • $3 million for the expansion of Corning Incorporated’s manufacturing facility in the Town of Erwin.
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  • $2.1 million to support the Next Generation Energy Efficiency Technology, a collaboration with BAE Systems (BAE) and SUNY Binghamton to advance BAE's hybrid-electric propulsion system product lines. BAE will invest $2.9 million and create 40 new jobs.
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  • $2.5 million for the Southern Tier Telemedicine and Mobile Health Care Technology Fund Initiative.
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  • $500,000 to Cornell University for the development of a Food Processing and Development Lab, which will provide farmers and other small businesses with access to small scale production area that can transform raw materials into packaged products such as yogurt, beverages, cheese, etc
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  • $2.5 million for the continuation of Southern Tier Community Revitalization Program.
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  • $1.8 million for the City of Ithaca to rehabilitate and reconstruct the deteriorated surface of the three-block Ithaca Commons and the replacement and upgrades of all of the underground utilities.
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  • $1.5 million for the continuation of Southern Tier Infrastructure Fund to support the development of Shovel Ready Sites
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  • $300,000 for Schuyler County, in partnership with the Schuyler County Partnership for Economic Development, Schuyler County IDA, the Village of Watkins Glen and the Village of Montour Falls, will conduct planning and preliminary engineering and environmental investigation to decommission the Watkins Glen and the Montour Falls Waste Water Treatment Plants and consolidate the two systems into a state-of-the-art “Green” Waste Water Treatment Plants located south of Glen Creek in Watkins Glen.

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