GENESEE COUNTY/GCEDC Board of Directors to consider two manufacturing projects

Proposed projects total $61 million of capital investment, 84 new jobs

Press release

BATAVIA, NY – The Genesee County Economic Development Center (GCEDC) board of directors will consider final resolutions for two manufacturing projects with proposed investments of $61 million and the creation of 84 new full-time equivalent (FTE) positions at its board meeting on Thursday, August 1, 2024.

GE Bergen Owner, LLC is proposing to build a 196,000 square-foot manufacturing facility at Apple Tree Acres in the town of Bergen. The $43.6 million project would be leased to an end user and will create 60 new FTEs and retain 140 FTEs.

Previously:

GENESEE COUNTY/GCEDC Board of Directors advance $43.6 million project proposed in Apple Tree Acres Business Park – Video News Service

GENESEE COUNTY/$43.6 million project proposed at Apple Tree Acres Business Park in Bergen – Video News Service

GE Bergen Owner, LLC is requesting sales tax exemptions estimated at approximately $1.75 million, a property tax abatement of approximately $2.15 million via payment in lieu of taxes (PILOT), and a mortgage tax exemption of $366,000.

The proposed incentives are estimated to generate $41 million in wages/ benefits and revenues for local governments generated by the development over 10 years. The project would generate a $13 return on investment for every $1 of proposed incentives.

The project is pending, subject to receiving incentives from Empire State Development Corporation.

Graham Corporation is proposing to build a 28,867 square-foot commercial production facility in the City of Batavia. The $17.6 million project would create 24 new full-time equivalent (FTE) positions while retaining 367 FTEs.

Previously:

BATAVIA/GCEDC Board to consider Graham Corporation Project – Video News Service

Graham Corporation is requesting sales tax exemptions estimated at $383,546 and a property tax abatement estimated at $298,427 based on an incremental increase in assessed value.

The proposed incentives are estimated to generate $19.5 million in wages/benefits and revenues for local governments generated by the developer over 10 years. The project would generate a $42 return on investment for every $1 of proposed incentives.

The August 1, 2024, GCEDC board meeting will be held at 3 p.m. at the MedTech Center’s Innovation Zone, 99 MedTech Drive, Batavia. Meeting materials and links to a live stream/on-demand recording of the meeting is available at www.gcedc.com.