CNYREDC
Central New York Regional Economic Development Council

The Central New York Regional Economic Development Council is once again competing for state funding to support projects in the five-county area. 

The panel released its 2017 progress report, which outlines 38 priority projects for this year's contest. The list includes seven projects in Cayuga County. 

The largest Cayuga County project is Currier Plastics' $9.9 million expansion in Auburn. The plastics manufacturer plans to buy a new 165,000-square-foot building and produce packaging for the medical industry. 

Currier Plastics requested a $1.8 million grant from Empire State Development, the state's economic development arm, and $180,000 in tax credits linked to job creation goals. If approved, the project will retain 150 jobs and add 20 new positions. 

Martens Companies, a Port Byron-based potato farm, is seeking a $940,000 grant for its $4.7 million project. The funding would support the creation of a commercial food processing, packaging and distribution center in Cayuga County. The proposed 150,000-square-foot facility would support 100 existing employees and create 100 new jobs. It would also create 50 construction jobs. 

DuMond Farms in Union Springs wants to build a soymeal processing plant in Cayuga County. The project would capitalize on one of the county's top crops — soybeans. Farms in the county harvested 34,000 acres of soybeans in 2016, according to U.S. Department of Agriculture data. 

The soybean plant is part of a $3.27 million project that would be supported by a $655,000 state grant and $224,000 in tax credits. It would support 10 existing employees and create 20 new jobs. 

The Cayuga County Industrial Development Agency applied for a $284,000 grant to upgrade the sewer infrastructure at the Aurelius Industrial Park. The park is home to Cayuga Milk Ingredients, a major employer in the county that plans to expand in the near future. If awarded the grant, it would support the $1,418,125 project and create 10 construction jobs. 

The Copper John Corporation, an Auburn-based manufacturer of archery accessories, proposed a $1,442,918 project to add new equipment to its 11,000-square-foot facility. The expansion would create 12 new jobs and allow the company to shift production that's being outsourced to China back to the U.S. Copper John applied for a $280,000 grant and $100,000 in tax credits. 

Two other projects in the region's economic plan aren't new ideas. The expansion of Prison City Pub & Brewery and the restoration of the Auburn Schine Theater were included in Auburn's plan for the state's Downtown Revitalization Initiative. Both initiatives are priority projects for central New York this year, even if the city doesn't win the downtown grant contest. 

Prison City's $4.5 million project would be supported by a $900,000 grant. The expansion would allow the brewery to boost production from 900 to 10,000 barrels annually and create 20 new jobs. 

The theater project has a $5.9 million price tag, according to the progress report, and would receive a $1.2 million grant. 

Tracy Verrier, executive director of the Cayuga Economic Development Agency and one of the county's representatives on the regional council, believes the county is well-positioned to receive support this year. 

"These projects in particular there's a lot of jobs there, there's a lot of investment there and there's a lot of growth there," she said. 

Overall, the region's 38 priority projects in Cayuga, Cortland, Madison, Onondaga and Oswego counties would cost $158,501,906. If awarded funding, the projects would receive $23.2 million in state grants and tax credits. 

The projects, as proposed, would create 582 new jobs and 955 indirect jobs. 

Online producer Robert Harding can be reached at (315) 282-2220 or robert.harding@lee.net. Follow him on Twitter @robertharding.

0
0
1
0
0