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Mohawk Valley gets $59.7 million in round two of Regional Economic Development initiative

By Hilary Lane

ALBANY, N.Y. (WKTV)- Governor Andrew Cuomo has announced how $738 million in economic development funding will be divvied up for Round Two of the Regional Economic Development Council initiative.

The Mohawk Valley is getting an injection of $59.7 million for 70 projects.

This is how it's broken down:

$150,000 for Rome Strip Steel Co. Inc. to install new equipment at their steel rolling mill located in Rome. The upgrades will make the mill more productive, allowing for increased output and quality levels while decreasing scrap. ·

$1.375 million to enable Mohawk Fabrics, a manufacturer and distributor of industrial and commercial textiles and fabrics, to expand its manufacturing facility, invest in two knitting machines, and install a 50-70 Kwan solar energy system, in order to accommodate demand for new orders and eliminate out-of-state out sourcing currently being done. ·

$275,000 to help the National Baseball Hall of Fame and Museum undertake a comprehensive digitization project that will allow users to access the entire Hall of Fame collection online, with images and curatorial comments. ·

$250,000 for improvements along Genesee Street in Utica as part of a conversion of the public right-of-way to a boulevard-style design, as well as supporting the creation of additional parking opportunities on surface lots in the area around the State and County office buildings. ·

$1 million to expand capacity at the Gloversville/Johnstown Waste Water Treatment Facility to accommodate Greek-style yogurt maker FAGE USA's $150 million expansion. ·

$300,000 for the design and construction of a 3,500 square foot Customs and Border Patrol facility at Griffiss International Airport in Rome for the clearance of aircraft crews both civil and military arriving from international locations. ·

$250,000 to support the Rome Capitol Theater expand its operations into three adjacent buildings and restore the historic main auditorium, adding jobs, additional performance spaces, and encouraging activity in Rome's Central Business District.

The program is a centerpiece of the Governor's strategy to jump-start the economy and create jobs.

The Regional Councils were put in place in 2011 to redesign the state's approach to economic development from a top-down model to a community-based, performance-driven approach.

The initiative empowers community, business, and academic leaders, as well as members of the public in each region of the state, to develop strategic plans specifically tailored to their region's unique strengths and resources in order create jobs and support economic growth.

Assembly Speaker Sheldon Silver said, "The Regional Economic Development Councils are developing job growth plans that are tailored to fit each area's unique resources and competitive advantages. The strategic decision-making is a collaborative effort among community leaders who most clearly see what each region needs to spur economic growth.

Other awards went to:

FINGER LAKES: Best Plan Awardee: $96.2 Million for 76 Projects
CENTRAL NEW YORK: Top Performer: $93.8 Million for 73 Projects
NORTH COUNTRY: Top Performer: $90.2 million for 82 projects
LONG ISLAND: $59.7 Million for 86 Projects
WESTERN NEW YORK: $52.8 Million for 58 Projects
NEW YORK CITY: $51.4 Million for 50 Projects
CAPITAL REGION: $50.3 Million for 84 Projects

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