The North Country Regional Economic Development Council won $64.9 million Wednesday in the seventh round of state funding disbursements.

The money will fund 81 projects in the North Country.

Although the region was not a top winner this round, the funds it received were on par with New York City, Rochester and Buffalo.

 “We once again were right up there with several of the metro regions, earning valuable support for dozens of important projects,” said Garry Douglas, president of the North Country Chamber of Commerce and co-chair of the North Country Regional Economic Development Council.

The council covers Clinton, Essex, Franklin, Hamilton, Jefferson, Lewis and St. Lawrence counties.

“The projects touch all of our region’s strategic priorities, including tourism development, advanced manufacturing and downtown revitalization,” Douglas said.

SMART GROWTH PLAN

Among the North Country entities allocated funding are:

• The Fort Ticonderoga Association, which will receive $2,445,000 for pavilion restoration.

• General Composites in Willsboro, awarded $93,000 to support the purchase and installation of $465,000 in injection-molding equipment.

• Essex County, allocated $744,000 for a salt-storage facility.

• Bionique in Saranac Lake, awarded $300,000 to support its Testing Laboratories’ equipment upgrade and purchase project.

• The Village of Tupper Lake, which will get $1,400,000 for a wood-pellet-fired municipal heat system.

• The Adirondack Historical Association, tapped to receive $600,000 for an Adirondack Art and Design Center.

• The Town of Saranac, allocated $900,000 for the Standish Water District improvements.

• Cedar Knoll Log Homes Inc., awarded $70,000 for a planer system, including installation of upgraded equipment for planing operations to improve production efficiency.

• The Town of Plattsburgh, allocated $73,000 to elevate its Smart Growth Plan, targeted on strategic revitalization along Route 3.

SALMON RIVER STUDY

Other projects, said State Assemblyman D. Billy Jones in a press release, include:

• A museum residency training pilot program at the Wild Center in Tupper Lake to provide work experience for young adults.

• Renovation of the former Dew Drop Inn in Saranac Lake to create a culinary destination, including a restaurant, cooking school, event space and short-stay apartments.

• Development of a hydrodynamic sediment transport model of the Salmon River in the Town of Malone, which will help identify options for improving river flows to and over the dam, reduce sediment deposits and improve storage capacity.

• Development of the Franklin County Microenterprise program which seeks to provide training and financial assistance to entrepreneurs.

“This state funding will help us continue moving forward as a region by strengthening our burgeoning tourism industry and improving our infrastructure,” Jones said.

 “The North Country will be able to draw new visitors and businesses while helping our local industries thrive.”

SPUR GROWTH

Plattsburgh Town Supervisor Michael Cashman said the town’s goal for the Smart Growth Plan is to “activate real projects that will revitalize its hamlets and spur additional private investments.

“I’m ecstatic with the monies that have been allocated for the Town of Plattsburgh’s Smart Growth Plan,” he added.

“This is going to allow us to harness investment and optimize resources. The state of New York and the federal government have acknowledged the efforts and potential within the Plattsburgh Adirondack Coast region with significant public investment.”

The new round of funding brings state economic development grants in the North Country under the REDC system to $549.5 million for 537 projects since the start of the process in 2011.

For the seventh round of funding, the 10 councils were vying for a share of more than $755 million statewide.

YEAR ROUND

The REDC process has evolved into more than the single annual competition for grants.

Already this year, the Plattsburgh International Airport was awarded $38 million for economic investment, and the Institute for Advanced Manufacturing at Clinton Community College received $12.7 million.

The REDC system “is continuing to deliver real benefits to the North Country by focusing state investments of all kinds on the strategies and priorities we ourselves have identified,” Douglas said.

“We thank Governor Cuomo for his continued confidence and support and have many good things to see through to completion in the new year.”

Read the complete article on the Press Republican’s website

Read the Governor’s press release

By |2017-12-15T15:47:19+00:00December 15th, 2017|Categories: Awards & Accolades, Regional News|0 Comments

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