industrial development agencies

5:53pm

Wed February 12, 2014
Tax Breaks

Miner says tax break for Destiny USA hotel would be a "mistake"

Destiny USA

Syracuse Mayor Stephanie Miner says giving the Destiny USA entertainment and shopping center a tax break to build a hotel would be “a mistake,” but the mayor actually has little say over those incentives.

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8:21am

Wed December 18, 2013
Business

SU bookstore project will meet deadline to keep tax break

An artist's rendering of the bookstore and fitness center that will be built for Syracuse University.
Cameron Group, LLC.

The developer behind a new bookstore and fitness center for Syracuse University will meet its construction deadline and get to keep tax breaks from the city.

Tom Valenti of the Cameron Group says they’ll break ground this week on the facility, which will be located just off of SU’s campus. They had until Friday to do so or lose the 30-year property tax break it won from the city in August 2012.

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10:17am

Tue November 12, 2013
Jobs

Local labor policy aims to address unemployment issues

Rubber Dragon Some Rights Reserved

Local hiring policies are becoming more commonplace as a way to address regional unemployment and strengthen the tax base. New quotas for local workers were just approved by the Niagara County Industrial Development Agency.

The new labor policy means that construction companies that receive Niagara County IDA economic development incentives will have to recruit at least 90 percent of their workforce from counties in western New York.

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10:04am

Tue June 4, 2013
Business

Former Syracuse auto parts plant may have new tenant

New Venture Gear once employed 4,000 people making auto parts in DeWitt, N.Y.
Ryan Delaney WRVO

The old New Venture Gear auto parts factory in suburban Syracuse could have a new tenant much quicker than county economic development officials expected.

A newly formed company called American Intermodal Container Manufacturing Inc. wants to use about half of the large factory to make shipping containers.

New Venture Gear concluded a long shutdown of its DeWitt plant in August. It once employed 4,000 people making parts for SUVs.

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6:30am

Wed May 8, 2013

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