WRGB sees growth potential for Fulton County

They’re both headquartered in our area.

The center of Fulton County is about 45 miles from Albany, and with two successful businesses operating there, right now county leaders are hoping to attract even more companies.

Vireo Health CEO Ari Hoffnung was born and raised in New York City, but he decided to manufacture medical marijuana in the quiet countryside of Johnstown.

“Got a great deal on 20 acres and now we have enough space our business can grow into,” Hoffnung said.

Security is extremely important for a medical marijuana operation, which is why Hoffnung says this was a prime location, an old youth corrections facility.

The old inmate living quarters now house the plants used to make kosher forms of the state-regulated drug.

Hoffnung says he saw an opportunity to bring the old Tryon Juvenile Prison buildings back to life, and put Fulton County residents back to work.

“Hundreds of jobs were lost and being able to bring jobs back was extraordinarily important,” Hoffnung said.

But now Hoffnung is looking for neighbors on the prison property, which has been transformed into the Tryon Technology Park, several hundred acres of shovel-ready space.

“We would welcome biotech companies we would welcome medical device companies it’s a great place to do business,” Hoffnung said.

County Planning Director Jim Mraz says the county’s been working to prepare the land in two nearby areas, Hales Mills and Vail Mills, for anticipated residential growth.

“We’re looking at upwards of 900 housing units county-wide in demand,” Mraz said.

They’re hoping the success of Fage yogurt, headquartered just eight miles from the medical marijuana site, will also help businesses look their way.

“We’re so proud they’re here, and we’d like to see more companies like that,” Mraz said.

County leaders say one of their biggest challenges is changing perception. Because the county is mostly rural, leaders say folks tend to think it’s hours away from the Capital Region, but the drive to Johnstown about 40 minutes from Schenectady.

by Anne McCloy, WRGB 6News Albany

Wednesday, June 21st 2017

WNYT finds Fulton County Posi+tive

Presentations highlight business opportunities in Fulton County

June 21, 2017 05:56 PM

PERTH – Fulton County wants companies to know it is open for business. County officials highlighted shovel-ready areas around the county for businesses to move in at a presentation Wednesday. The county highlighted those opportunities at Tryon Technology Park, and branded their new slogan – Fulton County: Posi+ive.

It may seem like an unusual place for a rebirth, an old juvenile detention facility. But at the Tryon Technology Park, Fulton County sees a bright business future for the county. “It was really a day to talk about investment opportunities, real estate development opportunities that we have here in Fulton County, readily available,” said James Mraz, Fulton County’s Planning Director.

The county brought in members of the Commercial and Industrial Real Estate Brokers to talk about opportunities for businesses and families in Fulton County. “We know what we’re doing, we know the opportunities that are here, but it doesn’t do us any good to know them and not for everybody else to,” said Mraz.

The county is focusing on three main sites. A planned residential and retail development in Johnstown and other in Mayfield. But the main area they focused on Wednesday was the Tryon Technology Park in the Town of Perth. The county got the property after the detention facility shut down in 2011. They’ve spent the last two years, and more than five million dollars, getting it ready for business.

“It’s one thing to have the land available, but if that land isn’t supported by the infrastructure it’s really not shovel-ready,” said Mraz. One tenant is already at the Technology Park: Vireo Health. A medical marijuana grower licensed by the state, the company credits the county for their growth.

“Fulton County and its IDA have been true partners to us,” said Ari Hoffnung, CEO of Vireo Health of NY, LLC. “We couldn’t do what we’re doing without their support.”

Vireo praised the county’s investments at Tryon, and say they’re ready for new tenants to come in. “Infrastructure here is top notch when it comes to power, when it comes to water, when it comes to high speed internet access,” said Hoffnung. “And it’s getting a little lonely so we would love a few more neighbors.”

Credits

Ben Amey

Copyright 2017 – WNYT-TV, LLC A Hubbard Broadcasting Company

Business to expand into Diana Knit site

The former Diana Knitting Mill off North Perry and Grove streets in Johnstown is being groomed for Townsend Leather's expansion. (The Leader-Herald/Michael Anich)

The former Diana Knitting Mill off North Perry and Grove streets in Johnstown is being groomed for Townsend Leather’s expansion. (The Leader-Herald/Michael Anich

MIKE ANICH
Reporter
manich@leaderherald.com
Originally published in The Leader-Herald, May 3, 2017

JOHNSTOWN — Townsend Leather plans to expand into the former, vacant Diana Knitting Mill complex at North Perry and Grove streets, eventually creating more than 50 new jobs to start.

The renewal and manufacturing project was unveiled by Townsend representative Stitchery Realty LLC to the city Planning Board Tuesday at City Hall.

“We’ve been looking at floor space throughout the city,” Tim Beckett of Stitchery told the board.

He said Townsend could have looked elsewhere, but decided to stay in the city of Johnstown.

Townsend Leather on Townsend Avenue, which dyes and produces leather goods for vendors throughout the world, has been in business since 1969.

The former Diana Knitting Mill at 229 N. Perry St. is a three-parcel, multi-building connected complex that has been empty for more than 15 years.

The complex includes a 66,000-square-foot building, of which 47,000 square feet is a three-story, former knitting mill; and a 19,000-square-foot, two-story addition built in 1988 with conveyer system.

Beckett said Townsend is seeking a new business operating permit for the mill area. Zoning in that part of Johnstown is currently classified as commercial. There are no zoning issues. He said the eventual Townsend operation would include manufacturing equipment, dry drums and a leather buffing machine. He said one side of the complex would hire up to 12 people to start and the brick side of the plant facing Grove Street would involve about 40 employees to start.

But Beckett cautioned that much work has to be done to the building and the new Townsend operation may not come to fruition for a year to two years.

According to an informational letter from Stitchery Realty LLC to the planning board, Townsend is under contract to purchase the former mill.

“The contract is contingent on structural, environmental and zoning approval for industrial manufacturing at the site,” the Stitchery letter states.

The letter notes the existing parcels need to be changed, altered or granted a variance prior to purchase.

“We have an agreement with [Townsend] to lease one-third of the building with an option to take half of the space should we have manufacturing on these parcels,” the letter says. “The local manufacturer’s production will be inclusive of the building. There would be no external exhaust or wastewater additions to the building nor would they be emitting any particles. The lease and purchase of this building are dependent upon manufacturing at the [former] Diana Mill.”

The letter says the plan is not to “alter the existing footprint” of the building.

“Construction on the building will be to focus on getting it back up to code and capable of leasing out,” the letter states. “There are a few small out buildings on the southwest section of the Grove Street building parcel. These buildings were to house old boilers, which may need to come down as the roofs are in disrepair. The remainder of the building will be planned for future rental space for startup manufacturers, potential office space and even some co-working offices with shared services. These would be developed after the first phase of construction is complete and the building is up to code to be leased out.”

“Parking is a tough scenario for us,” Beckett said.

But he said his firm has been in touch with nearby JAVAC, to possibly use some of its parking spaces.

Beckett said a two-year plan for the complex is to take out some trees around the building and windows will be replaced.

The board voted to hold a public hearing on the project for 4 p.m. June 6 at City Hall. The board also voted itself lead agency for the state Environmental Quality Review process that is required.

Michael Anich covers Johnstown and Fulton County news. He can be reached at manich@leaderherald.com.

Site Selection: New Lease on Life

Below is an excerpt from an in-depth article outlining the virtues of Tryon Technology Park for potential investors in the March 2017 edition of Site Selection magazine.

Tryon Technology Park in Upstate New York shows what can happen when a sense of purpose meets a parcel primed for adaptive redevelopment

by Adam Bruns
adam.bruns@siteselection.com

excerpt:

Fifty years after its commissioning in upstate New York’s Fulton County, the 515-acre Tryon Juvenile Detention Center campus in the Town of Perth is experiencing a complete transformation into Tryon Technology Park.

It’s just the beginning, says James Mraz, and area native who’s been Fulton County’s Planning Director for 30 years. The facility that was once the jewel of the state’s juvenile detention system was closed in 2011 as part of a system makeover by the State of New York. Its creative, adaptive reuse is a project Mraz calls the jewel of his career, and it is taking place in a county whose entire population is only about 50,000 people.

“Many towns and villages are bigger than us,” he says. But no place had a bigger motivation to turn things around. The closure meant the loss of 325 good jobs totalling about $15 million in payroll.

See the online edition of Site Selector Magazine here. Tryon article is on digital page 140.

Tryon Technology Park

Josh O’Neil, Chief Business Development Officer at Vireo Health Solutions, said Tryon Technology Park in Fulton County, NY, was ideal for his company because: “All the infrastructure was in place. That was a very big deal. It was also very affordable – on a per-acre basis, it’s one of the best values in the state. And there has been tremendous support from the town and the county. When we met with Fulton County folks, seeing their enthusiasm was a game changer. They wanted us there, and we knew they’d be good partners.”

In conversations with local leaders, Mraz suggested the closure was an opportunity. After all, the campus already had fiber-optics, natural gas, sewer and water service. It also has a 75,000-sq.-ft. building available for reuse as manufacturing, office or incubator space.

The county already had a proven track record in developing three business parks, but by 2011 their available land had dwindled, thanks to projects from companies such as Fage Yogurt, Walmart and Benjamin Moore Paints. Perth also happens to be centrally located in a triangle formed by the GLOBALFOUNDRIES semiconductor manufacturing complex in Malta, the College of Nanoscale Science and Engineering in Albany and the Marcy Nano Center site in Utica.

Unique Offering

After Mraz’s team submitted a proposal, the parcel was transferred to the Fulton County Industrial Development Authority for the price of $1. The county and IDA secured $2 million in state grant funding for a new internal access road and upgraded water and sewer lines. Then the county invested another $2 million Read the rest of the article from Site Selector Magazine as a PDF

Tryon Technology Park

Fulton County, New York, introduces Tryon Technology Park, a transformative, 515-acre business opportunity in the foothills of the Adirondack Mountains. With Tryon’s state and local expedited approval process, you could be breaking ground on 212-acres of the lowest-priced shovel-ready land in the state in 30 to 60 days, with hundreds of additional acres available for future development.

Tryon is located in a pristine, wooded environment… where a company can thrive, take a 180 turn away from a high-cost, high-stress environment.

Fulton County Administrative Officer Jon Stead: “One thing people are starting to learn about the Tryon Technology Park is it’s right in New York’s Technology Triangle, and it’s within striking distance and easy reach of 70 million customers all around the Northeast.”

Fulton County’s Targeted Industry Analysis identified seven Industry Clusters for Tryon compatible with existing businesses and the site’s resources: Biomedical R&D, Food & Beverage, Headquarters & Business Services, Health Care Products & Services, Electronics, Renewable Energy and Software & Media.

Tryon Technology Park’s first tenant was Vireo Health, which purchased 20 acres in 2015 to manufacture pharmaceuticals from cannabis. In less than a year, it doubled the size of its facility.

Josh O’Neill, Vireo Health, Chief Business Development Officer: “When you look at the value of the land, with all the infrastructure in place, we could not find anything better in the state of New York. It’s highly accessible from I-90 and other major highways. It’s got great infrastructure. There’s new water and sewer, gas, three-phase power and a new county road that’s well-maintained year-round.”

Jim Mraz, Fulton County Planning Director and Executive Director, Fulton County Industrial Development Agency:
“The property at Tryon is also very affordable. At a $20,000 per an acre price, it is the lowest price per acre of comparable land anywhere in the region.”

The origins of Tryon are a unique story of cooperation by state and local governments. When the state closed the Tryon Juvenile Detention Facility in 2011, it was an economic blow to Fulton County.

In an effort to turn that negative into a positive, Fulton County officials petitioned the state for control of the property. Two years later, Tryon was deeded over to the Fulton County Industrial Development Agency for redevelopment as a technology park.

Josh O’Neill, Vireo Health, Chief Business Development Officer: “It’s a beautiful place. A really great community. I feel like Fulton County as a whole has been very welcoming to our business and the people who have moved here from other states, they’ve found it to be a really high quality of life. They’ve found good, affordable housing. The feedback on the schools has been very positive. We’ve got a lot of young families on our team and for them to locate to Fulton County from other states was a big step for them and it’s been an extremely positive experience.”

At the center of the park is the Tryon Regional Business Training and Incubator Center, adding training, classroom, office and workshop space for businesses to utilize. Tryon also has the benefit of being geographically close to its partner in training and workforce development, Fulton-Montgomery Community College.

Dr. Dustin Swanger, President, Fulton-Montgomery Community College: “FM has a long history of strong workforce development programs and customizing programs for local businesses, like Benjamin Moore and Townsend Leather.”

Tim Beckett, senior vice president, Townsend Leather:
“We continually rely on them for training, customized classes, and working with our people to help further our staff in growth here in the area.
Fulton County as a whole, any time we’ve needed anything, in terms of economic growth or sustaining our workforce or bringing in new business, they’ve been a good person to rely on and go to for grants, money, even locations and building and equipment.”

Fulton County hosts a vibrant array of biomedical manufacturers, global food processors and light manufacturing companies in three existing business parks. Adding Tryon to that portfolio creates unparalleled advantages for companies searching for an inviting, centrally located home with plug and play infrastructure.

Contact us today to find out more about Tryon Technology Park.
Fulton County New York – Positive.

Fulton County working to rebuild local economy: Times Union

Officials market low costs, infrastructure to attract companies, people

 By Robert Downen, Originally published in the Albany Times Union

In their quest to reverse economic downturn, Fulton County officials are focusing on three words: Live, work and play.

By 2026, they hope their county will attract residents who want to do all three.

Once the epicenter of the upstate leather industry centered in Gloversville, Fulton County has steadily watched economic opportunities dwindle as niche manufacturing jobs go overseas.

Since 1970, the number of people directly and indirectly employed in the leather trades has dropped from 10,000 to 400, the U.S. Department of Labor said.

“These businesses employed towns,” Johnny Evers, director of government affairs at the Business Council of New York State, said at a seminar on Fulton County economic development Tuesday,

Now — and hopefully, with buy-in from local business leaders and elected officials — county officials are hoping they can transform the area into a hotbed of growth by attracting businesses and young people alike.

Boosters believe they have the resources both in infrastructure and human capital. The question is how to get people to use them.

The pitch is simple: Cheap cost of living, coupled with the factory buildings left over from the heyday of manufacturing, should make Fulton County immediately attractive to those seeking metropolitan amenities at a discounted rate.

“Upstate New York is a beautiful place to explore and enjoy, but in many areas the cost of living can be too high,” Jim Mraz, Fulton County planning director, said in August. “In Fulton County, that’s not the case, and that’s something we’re proud of.”

Add in a low crime rate, a new focus on regional partnerships and the county’s location in the middle of myriad nature destinations, and officials are confident they “can establish Fulton County as one of the Capital Region’s premier economic and residential destinations,” said Charles Potter, chairman of the Fulton County Board of Supervisors.

Since undertaking the development initiative called Jump Start Fulton County in 2014, officials have focused heavily on luring new businesses and young workers to shovel-ready sites.

Fulton and Montgomery counties at that time brought in Mike Mullis, a corporate site selector, to assess the region’s ability to attract large corporations. Mullis identified seven clusters on which the counties should focus, with biomedical research and development, food and beverage services and health care products among them.

By reorienting towards such high-tech sectors, officials hope they can use their location in the middle of what they’re calling the “Tech Triangle” of New York as a selling point. (Both Utica and the Capital Region tout significant biotechnology sectors, and Albany was rated last week as the most friendly place to do business in New York by Forbes).

A cornerstone of that strategy is the Tryon Technology Park in Perth. The 515-acre park, once occupied by the now-shuttered Tryon Detention Center, has been the focus of the Fulton County Industrial Development Agency. Last year it moved in its first tenant, medical marijuana company Vireo Health.

“In the greater Capital Region, there’s a tremendous amount of human capital,” Vireo CEO Ari Hoffnung said in September. “There’s a lot of talent.

“We want to bring back more (than the 325 jobs) that were lost (at Tryon).”

County officials are also banking on growing agricultural industries statewide.

Since 2000, gross domestic product from upstate New York’s dairy sector has increased by more than 38 percent, to more than $600 million, according to the Fulton County Center for Regional Growth.

In this region alone, international yogurt makers Fage and Chobani have created more than 1,650 jobs, making New York the No. 1 yogurt manufacturing state in the country.

rdownen@timesunion.com • 518-454-5018 • @Robert_Downen

Fulton County pushing tech park: The Daily Gazette

Originally published in The Daily Gazette

— When Gov. Andrew Cuomo closed the Tryon Juvenile Detention Facility in 2011, Fulton County and the surrounding area lost 325 jobs and an estimated $15,000,000 in wages spent in the local economy, according to an estimate from the county planning department.

The Gloversville Water Dept. and the Gloversville-Johnstown Joint Wastewater Treatment Plant also lost a combined $170,000 in annual revenue, they said.

But while similar youth detention facilities across the state were shuttered and remained closed, officials in Fulton County had something different in mind for the Tryon facility. They asked the state to turn the property over to them so they could convert it into a business park.

“Fulton County government took the initiative,” said James Mraz, Executive Director of the Fulton County Industrial Development Agency. “After a couple years worth of back and forth this entire facility was deeded over to the county’s industrial development agency.”

The county, through a combination of grants and matching funds, has so far put over $4 million into the site. They built a ring access road throughout the 515-acre shovel-ready site, known as the Tryon Technology Park, as well as a 300,000-gallon water tower and pump station to improve water pressure and supply.

Head Cultivator Chris Schmitt looks over drying marijuana plant at Vireo Health at Tryon Technology Park in Perth on Thursday.

Head Cultivator Chris Schmitt looks over drying marijuana plant at Vireo Health at Tryon Technology Park in Perth on Thursday. PETER R. BARBER, GAZETTE PHOTOGRAPHER

Their plan is to tear down nearly all of the many structures that were part of the detention facility, save for one 15,000-square-foot facility they hope to convert into a regional business training and incubator center. That facility, said Mraz, will help new businesses get off the ground and provide space for them to try out ideas.

Mraz said county officials felt the site would make a good business park because of its proximity to New York’s interstate system and the presence of existing utility hookups.

“There’s already gas, electric, water and sewer service here,” said Mraz. “When you’re developing shovel-ready sites that’s usually the biggest cost, is getting that infrastructure, which is integral to developing the site. It was already here.”

He also touted the county’s access to markets.

“Because of our proximity to interstates, this county, a four-hour drive in any direction has access 70 million potential customers, and that’s huge,” said Mraz, pointing to retail giant Wal-Mart opening a food distribution center in the Johnstown industrial park as evidence of Fulton County’s advantageous location.

“They did it for a reason,” he said. “Strategically it was centrally located to a geographic area that they wanted to serve and could serve given the interstate system here. Our proximity to markets is as good if not better than most other areas.”

Mraz also touted the relative remoteness of Tryon Technology Park as an asset.

“It’s a very peaceful campus setting. So part of our marketing strategy is we’re saying ‘come here, take a 180 degree turn away from a high-cost, high-stress business life,’” he said.

“We think it’s a positive thing. And that’s how we’re trying to market it.”

Selling prospective businesses on the property is something Mraz, who doubles as the county’s planning director, said is a daily task for him and other officials.

“That’s a work task that we’re on every day,” said Mraz. “This business is very competitive.”

Mraz said the county is courting a prospect now that’s looking at sites all over the northeast.

“So every time we’re competing against other great sites, and sometimes you win and sometimes you lose,” he said. “I can’t say when we’re going to have [tenants]; all I can say is every day we’re trying.”

The Tryon Tech Park already has one tenant, Vireo Health of New York, which is one of the few companies allowed to grow and manufacture medical cannabis for use by patients in New York.

Vireo’s scientific director Eric Greenbaum said on a recent tour of the facility that the company is one of just five allowed to operate in the state, and while regulations in New York are more stringent than in other states, he sees a bright future for the industry in the state.

Greenbaum said New York’s marijuana program is a “really medical model” as opposed to more recreation-based models in Colorado and California, which could actually greatly help the medical cannabis industry nationwide to serve patients as opposed to casual users.

“[New York’s] is a model that in my opinion will serve as the template for a federal regulatory framework similar to what the FDA would do,” said Greenbaum. “Compared to California, where the medical model is basically a proxy for adult and recreational use…the fact that we don’t sell [marijuana bud], we only sell carefully formulated medicines…it’s just indicative of the approach that New York is taking.”

Vireo provides customers with carefully formulated medicines in three different forms, said Greenbaum: oil (for vaporizing), a capsule or an oral solution. The company has five brands that run the gamut from having very high tetrahydrocannabinol (THC) concentrations and very low cannabidiol (CBD) concentrations, and vice versa.

Head Cultivator Chris Schmitt looks at buds of marijuana plants at Vireo Health at Tryon Technology Park in Perth on Thursday.

Head Cultivator Chris Schmitt looks at buds of marijuana plants at Vireo Health at Tryon Technology Park in Perth on Thursday. PETER R. BARBER, GAZETTE PHOTOGRAPHER

 Cannabidiol is a compound that is useful for seizure disorders as well as pain, said Greenbaum. It’s also been shown to mitigate the sometimes dysphoric effects of THC, which can include paranoia and anxiousness.

THC is the chemical produced by the glands of a marijuana plant that is most responsible for the euphoric effect – or high – found in users.

Greenbaum said the company settled at Tryon Technology Park as part of the licensing agreement it struck with the state, but that he and Vireo CEO Kyle Kingsley are native New Yorkers who are passionate about jumpstarting local economies wherever they can in the state.

“We knew that the state was really focused on repurposing this facility; we knew there was a commitment to building up the Tryon Technology Park to be a center for tech development as well as job growth for this region,” said Greenbaum.

And while the state’s regulation of medical cannabis is a bit strict now, said Greenbaum, there’s reason to believe it will broaden in the near future.

“It’s a pretty limited patient market right now; there’s been some discussion with the legislators and regulators to expand some of the qualifying patient conditions to include chronic pain,” said Greenbaum. “Chronic pain is one of the indications for which we have the most evidence of efficacy with medical cannabis. So we’re hoping that that goes through. We think it will be really good for the people of New York.”

Marijuana plants at Vireo Health at Tryon Tech Park in Perth on Thursday.

Marijuana plants at Vireo Health at Tryon Technology Park in Perth on Thursday. PETER R. BARBER, GAZETTE PHOTOGRAPHER

Greenbaum said Vireo is “optimistic” the regulations will be expanded within the next quarter.

“Not that we’ll be able to implement it, but we’re optimistic we’ll see an announcement within the next 90 days,” said Greenbaum. Relaxing them, he said, would “open up access a lot, and will be good for growth and patients as well.”

And growth is what county officials are hoping for as well with the Tryon Technology Park. Mraz said the capital projects at the site are in their final stages, and the way in which the county has been able to repurpose what would have become an abandoned property is a unique and inspiring way to create more jobs and commerce in the area.

“It’s just going to take some time,” he said.

Reach Gazette reporter Dan Fitzsimmons at 852-9605, dfitzsimmons@dailygazette.net or@DanFitzsimmons on Twitter.

Agenda set for export seminar

Export seminar sponsored by the Fulton County Center for Regional Growth and TD Bank
td-bank-logoFCCRGlogoCMYK

Growth Strategies:
Expanding Your Business Internationally

Holiday Inn Johnstown-Gloversville
November 15, 2016

This export seminar includes networking and learning opportunities about potential markets, logistics, available export financing and cutting through red tape while establishing new lines of business between Fulton County, New York, and the world.

8:30 a.m.
Networking and Registration (Continental Breakfast)

9:00 a.m.
Welcome 

  • Ronald Peters, President & CEO, Fulton County Center for Regional Growth
  • Robert Davey, Regional Vice President for Upstate NY, TD Bank

9:10
Managing Payments and Finalizing the Sale

  • Strategies and options for sending and receiving money from overseas – Maria Aldrete, Director of Foreign Exchange Services, TD Securities LLC
  • Strategies for boosting international sales, managing risk and structuring transactions that benefit both buyers and sellers - Andrea Ratay, Vice President, Global Trade Finance, TD Bank

10:00 a.m.
Global Logistics and Supply Chain Management: Discussion with Moderator

  • Supply Chain management: How to move your products internationally with efficiency and strategies to address some of the challenges facing companies – Tom Valentine, Vice President of Sales & Marketing, Mainfreight USA and Carl Erickson, Director of Supply Chain, Plug Power Inc.

10:30 a.m.
Getting Ready to Export: Federal & State Assistance

  • Export Assistance from the federal government- Toni Corsini, NY/NJ Regional Manager, Office of International Trade, U.S. Small Business Administration
  • Export Assistance from the state governmentEdward Kowalewski, Director of International Investment Programs & Private Sector Liaison to the World Bank,  Empire State Development

11:00 a.m.
Legal Environment of Exporting/Importing:

  • How to protect your intellectual property and what to be mindful of from a legal perspective David Miranda, Attorney, Heslin, Rothenberg, Farley & Mesiti P.C.

11:30 a.m.
Break and Networking

12:00 p.m.
Lunch

12:30 p.m.
Special Guest Speaker 

  • Current state of U.S. and Global Economic Landscape – Implications for importers and  exporters– Brittany Baumann, Economist & Macro Strategist, TD Securities LLC

1:00  p.m. Final Words

  • Cedric Carter, Vice President & Senior Relationship Manager, TD Bank

                                                                               fc-positivefultonmontgomeryconnectedforbusinesslogo

Nov. 15 date set for export financing symposium in Fulton County

A symposium on how local companies can expand their sales to foreign markets has been scheduled for Nov. 15 by the Fulton County Center for Regional Growth

The export symposium, entitled “Growth Strategies: Expanding Your Business Internationally,” is designed to demonstrate to companies that may be interested in settling in the area that Fulton County entrepreneurs and economic development officials have the products, willingness and capability for increased trade in foreign markets. Networking opportunities and communicating about available financing, loan packages and cutting through red tape will be among the event’s priorities.

FCCRG President and CEO Ron Peters said Fulton County sees positive potential for increased foreign trade from a local base, and expects at least 40 business representatives to attend the Nov. 15 symposium, at the Holiday Inn at Johnstown.

The Leader-Herald/Bill Trojan  FCCRG President Ron Peters

The Leader-Herald/Bill Trojan
FCCRG President Ron Peters

Registration starts at 8:30 a.m., followed by a welcoming from Peters and Robert Davey, regional vice president for upstate TD Bank. Brittany Baumann, senior economist and macro strategist for TD Securities LLC, will give a presentation on the current state of the U.S. and global “economic landscape,” and the implications for importers and exporters.

Other topics at the export financing event include:

  • Managing Payments and Finalizing the Sale
  • Global Logistics and Supply Chain Management
  • Getting Ready to Export: Federal & State Assistance
  • Legal Environment of Exporting/Importing

Cedric Carter, TD Bank’s vice president and senior relationship manager, will be the final speaker of the conference in the afternoon.

An additional sponsor of the event is Empire State Development’s Global NY initiative. Global NY is an initiative launched by Gov. Andrew Cuomo to offer “one-stop shopping to both foreign businesses looking to invest in New York and to local businesses who want to export globally.”

Fulton County is ideally situated for the production and transportation of goods bound for international markets. Three interstate highways provide quick and direct access to New York City, Montreal, Boston and Philadelphia, as well as the deep-water Port of Albany and Albany International Airport. In fact, there are 21 international airports within a four-hour drive of Fulton County.

In March, Townsend Leather of Johnstown became the only company in the Mohawk Valley to hold Foreign Trade Zone status from the U.S. Department of Commerce. It was the first new designation in Fulton County since 1996. Foreign-Trade Zone #121, which allows individual businesses to apply to have their facilities designated as international commerce zones. In these federally approved areas (industrial parks or individual manufacturing or distribution facilities) materials can be imported without the payment of U.S. Customs duties as long as the goods stay in the FTZ.  Once the goods leave the FTZ for U.S. consumption, reduced tariffs are available. FTZ sites remain within the jurisdiction of local and state governments, but are subject to spot checks and periodic inspections by Customs.

 

Big plans for Tryon Technology Park

Fulton County officials have big plans for Tryon Technology Park

Fulton County marketing Tryon Technology Park

September 22, 2016

PERTH – The 515-acre Tryon Technology Park is in its infancy, but Fulton County officials have big plans for its future.

County Planning Director James Mraz on Wednesday led area media on a tour of the County Highway 107 facility, which used to be the state’s Tryon Youth Detention Facility. Now, as Mraz explained, the Fulton County Industrial Development Agency has taken ownership and is working closely with county government to create developable land and prepare the park for businesses.

“We are currently actively marketing Tryon,” Mraz said.

Fulton County Planning Director James Mraz shows a building that will be reused at the Tryon Technology Park during a tour Wednesday. The Midas-sponsored shop serviced vehicles at the state’s former Tryon youth detention center. The Leader-Herald/Michael Anich

Fulton County Planning Director James Mraz shows a building that will be reused at the Tryon Technology Park during a tour Wednesday. The Midas-sponsored shop serviced vehicles at the state’s former Tryon youth detention center. The Leader-Herald/Michael Anich

Officials say they hope the Tryon Technology Park becomes a new home for high-tech companies.

The Tryon facility and its future growth is part of a larger Fulton County economic development strategy aimed at bringing more jobs into the area to reduce the local property tax burden.

Mraz, also the IDA’s executive director, said the Fulton County Demolition Team this summer took down an old building on the Tryon campus and is now razing five more for the creation of more than 100 acres of prime developable land.

“That work is ongoing,” he said.

The overall Tryon plan is to at least replace jobs lost when the youth detention facility closed in 2011.

“We’re off to that start,” Mraz said of new job creation.

The technology park currently has one tenant – medical marijuana manufacturer Vireo Health. The company has 20 employees.

Various sections of the park will be divided into pockets of what Mraz calls “shovel-ready land.” There are 51.5 acres of such land off the park’s newly created County Highway 117, another 118 acres of land will be shovel-ready in an area to the east of the park bordered by County Highways 107 and 158, and another 44 acres is planned to the northwest.

Many of the project sites among 260 acres will be around a loop in the center of the park.

A future development area of 57 acres is being studied for the northern part of the park.

The park already has water and sewer services, and a regional business training and incubator center is planned for an existing building.

Mraz said that after the IDA took ownership of Tryon in 2014, officials immediately concerned themselves with job creation.

The IDA also owns 30 acres across the road from the park entrance.

“We’re also willing to look at these other properties as commercial developments,” Mraz said. “That’s the vision.”

He said many ideas for job creation spun from a September 2013 two-day visit by international site selector Michael Mullis to Fulton and Montgomery counties. New Jersey-based DCG Corplan Consulting has also done a marketing plan and analysis for Tryon that identified clusters of potential jobs.

County officials are also working with engineering firm C.T. Male to reuse existing space at the Tryon campus. Money is available to bring the regional business training and incubator center to fruition through $185,000 in federal Northern Borders Regional Commission grant money, $50,000 from 2016 county budget funds, and $65,000 through the IDA.

The hope, Mraz says, is to eventually create jobs through big or small companies. He said Fulton County will find a way to accommodate companies now at Tryon if it has to.

Buildings at Tryon were built in the 1960s and 1970s. Some are structurally sound and some aren’t. Officials are looking at the former Midas building at Tryon for providing 16,000 square feet for start-up companies.

“This building is perfectly set up for this,” Mraz said.

The Midas-sponsored auto shop serviced vehicles at the state’s former detention facility.

Michael Anich can be reached at manich@leaderherald.com.