southern tier

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Everyone’s trying to figure out how to grow the Southern Tier economy. On the county level, there’s the Industrial Development Agencies (IDAs). And there’s the Regional Economic Development Council that asks Albany for money.

Emily/via Flickr

The Broome County Legislature has temporarily shelved a deal with California company, SolarCity, to build a solar panel project for the county. Some legislators are concerned because the company is under investigation by the federal government.

The deal with SolarCity would help reduce energy costs for the county. The deal got unanimous approval in the county’s Economic, Education, and Culture Committee, before it was known that the company was part of a federal investigation.

Casino competition heats up in the Southern Tier

Jan 7, 2014
Courtesy of Traditions

Jeff Gural is the owner of Tioga Downs, where ground was recently broken on an expanded parking lot. Gural’s plan is to offer the full casino experience at his racetrack and electronic gambling site. But first he needs to win one of the new gaming licenses.

The Manhattan-based businessman says he spent $400,000 to help pass Proposition 1 in November. He was hoping it would be an easy stroll to get a casino permit.

“I’ve already invested a ton of money," he said. I took a big risk and to be honest I think we deserve the license.”

But not everyone in the region agrees. At least three other businesses have shown interest in securing the casino license.

http://norseenergycorp.no/index.php?name=About_Norse_Energy_Corp

New York’s hold on high-volume hydrofracking has entered its sixth year. So Norse Energy first tried to stay afloat until fracking’s approval, then gave up and converted to Chapter 7, a complete shutdown of operations. The company and fracking supporters cited the state’s de factor moratorium as the obvious culprit.

Norse’s former chief legal officer Dennis Holbrook says drillers just can’t compete anymore using the drilling methods still allowed in New York.

“The easiest analogy I could give you, if you had a Model T and you were racing other Model T’s and you were doing fine and the next generation of vehicles comes out and you were still being told that all you can do is use your Model T.”

But the company was still drilling vertical wells in New York. In 2010, Norse approached Buffalo-based Bradford Drilling Associates about a 30-well project in the Herkimer sandstone formation.

Lockheed Martin / via Flickr

Defense contractor Lockheed Martin has laid 114 workers at its site in suburban Syracuse and 25 in Owego, as part of the approximately 300 job cuts announced last month.

The 139 employees will be out of a job on August 15.

The reductions are in Lockheed's Mission Systems and Training division. The Salina and Owego plants work primarily in radar and sensor technology. The affected positions are mostly in engineering and program management.

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