News stories tagged with "economic-development"

(01/12/12) New York is home to a new social networking site. But it's not like Facebook or Twitter. Tech start-up Selling Hive tries to increase sales for businesses by linking them together online.

As the Innovation Trail's Daniel Robison reports, the company's founders say the service is one-of-a-kind. more

(01/06/12) While Governor Cuomo's State of the State pledge to spend $1 billion dollars on Buffalo's economic recovery got a big splash, western New Yorkers are looking for details. And some think the money is far from a sure thing. The Innovation Trail's Daniel Robison has more. more

(12/29/11) Many North Country Maple producers can now tap into a new loan fund to help them increase the amount of syrup they produce. The Development authority of the North Country, or DANC, set up the program after several studies showed most maple trees in the area aren't being tapped. That means producers are missing out on a lot of potential revenue. Nora Flaherty has the details. more

(10/13/11) It looks like the Canadian contractor General Propulsion will likely be moving its corporate headquarters to Ogdensburg.

The Ottawa-based company has manufactured products for military and civilian uses. But it's looking to work with the US Military, which places restrictions on foreign contractors. more

(08/17/11) The western New York Regional Council held its first public meeting in Buffalo yesterday. It's one of 10 councils the Cuomo Administration has set up in a new regional approach to economic development.
The North Country council is co-chaired by Clarkson University president Tony Collins, and Garry Douglas, president of the North Country Chamber of Commerce based in Plattsburgh.

The meeting yesterday provided a glimpse into how this new initiative will work.

(07/29/11) Governor Cuomo was at SUNY Potsdam Thursday afternoon, announcing the launch of the North Country's "Regional Economic Development Council".

He's been traveling the state all week with similar announcements; The councils are intended to help boost New York's regional economies by setting up competition for pieces of a $200 million job-creation grant.

Karen DeWitt was at the announcement earlier today in Schenectady, and she filed this report: more

(07/21/11) Governor Cuomo notched a series of political wins in his first six months in office: an on-time budget, a property tax cap, union concessions, and legalization of same sex marriage. This week, he outlined his next big push, outlining an aggressive plan to reinvent state government. WRVO's Dave Bullard reports that the effort boils down to one word: jobs. more

(05/18/11) Financing complications have stalled a project that could bring 900 jobs to the Plattsburgh area. Canada-based Laurentian Aerospace says work could resume in three weeks on the aircraft maintenance it's building at the Plattsburgh airport. more

(04/22/11) For seven years, developer Michael Foxman has been promising to build a massive new resort in Tupper Lake, worth roughly $500 million.

He's hoping to win final approval for the project from the Adirondack Park Agency this fall.

Many community leaders have embraced his vision as a way to revive a former logging and manufacturing town that lost seven percent of its population over the last decade.

But an investigation by North Country Public Radio, in partnership with the Adirondack Explorer magazine, found that significant doubts remain about the economic viability of Foxman's resort.

Over a period of weeks and dozens of interviews, we found that important questions remain unanswered about how the resort will be financed and marketed.

As Brian Mann reports, it's unclear when the project's elaborate infrastructure and amenities, including those at the Big Tupper ski area, will be built. more

(04/22/11) The story reported above by Brian Mann, in cooperation with the Adirondack Explorer, looks hard at the financial underpinnings of the big luxury resort project proposed for Tupper Lake several years ago. It raises complicated questions and concerns still on the table as the Adirondack Park Agency prepares for its final review, and decision.
Martha Foley spoke further with Brian this morning about the skepticism he found, and why these questions matters.