{"id":55294,"date":"2024-07-31T15:27:31","date_gmt":"2024-07-31T19:27:31","guid":{"rendered":"https:\/\/videonewsservice.net\/?p=55294"},"modified":"2024-07-31T15:27:31","modified_gmt":"2024-07-31T19:27:31","slug":"genesee-county-gcedc-board-of-directors-to-consider-two-manufacturing-projects","status":"publish","type":"post","link":"https:\/\/videonewsservice.net\/index.php\/2024\/07\/31\/genesee-county-gcedc-board-of-directors-to-consider-two-manufacturing-projects\/","title":{"rendered":"GENESEE COUNTY\/GCEDC Board of Directors to consider two manufacturing projects"},"content":{"rendered":"\n

Proposed projects total $61 million of capital investment, 84 new jobs<\/em><\/p>\n\n\n\n

Press release<\/p>\n\n\n\n

BATAVIA, NY \u2013 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.<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

Previously:<\/p>\n\n\n\n

GENESEE COUNTY\/GCEDC Board of Directors advance $43.6 million project proposed in Apple Tree Acres Business Park \u2013 Video News Service<\/a><\/p>\n\n\n\n

GENESEE COUNTY\/$43.6 million project proposed at Apple Tree Acres Business Park in Bergen \u2013 Video News Service<\/a><\/p>\n\n\n\n

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.<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

The project is pending, subject to receiving incentives from Empire State Development Corporation.<\/p>\n\n\n\n

<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

Previously:<\/p>\n\n\n\n

BATAVIA\/GCEDC Board to consider Graham Corporation Project \u2013 Video News Service<\/a><\/p>\n\n\n\n

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.<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

The August 1, 2024, GCEDC board meeting will be held at 3 p.m. at the MedTech Center\u2019s 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<\/a>.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Proposed projects total $61 million of capital investment, 84 new jobs Press release BATAVIA, NY \u2013 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 \u2026<\/p>\n

Continue reading<\/i><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[23],"tags":[432,4369,3908],"class_list":["post-55294","post","type-post","status-publish","format-standard","hentry","category-genesee-county","tag-gcedc","tag-ge-bergen-owner","tag-graham-corporation"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8eTP4-enQ","jetpack-related-posts":[{"id":55384,"url":"https:\/\/videonewsservice.net\/index.php\/2024\/08\/02\/gcedc-advances-81-million-of-investments-in-genesee-county\/","url_meta":{"origin":55294,"position":0},"title":"GCEDC advances $81 million of investments in Genesee County","author":"aka","date":"August 2, 2024","format":false,"excerpt":"Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) board of directors has approved final resolutions for Graham Corporation\u2019s $17.6 million expansion in the city of Batavia and GE Bergen Owner, LLC\u2019s $43.6 million project in the town of Bergen at its board meeting on Thursday, August\u2026","rel":"","context":"In "Genesee County"","block_context":{"text":"Genesee County","link":"https:\/\/videonewsservice.net\/index.php\/category\/genesee-county\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53714,"url":"https:\/\/videonewsservice.net\/index.php\/2024\/06\/04\/genesee-county-43-6-million-project-proposed-at-apple-tree-acres-business-park-in-bergen\/","url_meta":{"origin":55294,"position":1},"title":"GENESEE COUNTY\/$43.6 million project proposed at Apple Tree Acres Business Park in Bergen","author":"aka","date":"June 4, 2024","format":false,"excerpt":"GE Bergen Owner, LLC development plans to build 196,000 sq. ft. facility BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) board of directors will consider an initial resolution for GE Bergen Owner, LLC\u2019s proposed 196,000 square-foot facility at Apple Tree Acres in the town of Bergen at its\u2026","rel":"","context":"In "Bergen"","block_context":{"text":"Bergen","link":"https:\/\/videonewsservice.net\/index.php\/category\/bergen\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53909,"url":"https:\/\/videonewsservice.net\/index.php\/2024\/06\/08\/genesee-county-gcedc-board-of-directors-advance-43-6-million-project-proposed-in-apple-tree-acres-business-park\/","url_meta":{"origin":55294,"position":2},"title":"GENESEE COUNTY\/GCEDC Board of Directors advance $43.6 million project proposed in Apple Tree Acres Business Park","author":"aka","date":"June 8, 2024","format":false,"excerpt":"GE Bergen Owner, LLC development plans to build 196,000 sq. ft. facility Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) board of directors advanced an initial resolution for GE Bergen Owner, LLC\u2019s proposed 196,000 square-foot facility at Apple Tree Acres in the town of Bergen at\u2026","rel":"","context":"In "Byron Bergen"","block_context":{"text":"Byron Bergen","link":"https:\/\/videonewsservice.net\/index.php\/category\/byron-bergen\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27164,"url":"https:\/\/videonewsservice.net\/index.php\/2021\/08\/03\/genesee-county-gcedc-board-to-consider-six-projects-with-a-capital-investment-of-41-7-million\/","url_meta":{"origin":55294,"position":3},"title":"GENESEE COUNTY\/GCEDC Board to consider six projects with a capital investment of $41.7 million","author":"aka","date":"August 3, 2021","format":false,"excerpt":"Liberty Pumps submits initial application for proposed $13.7 million expansion in Bergen Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board of Directors will consider final resolutions for six projects at a capital investment of approximately $41.7 million at its August 5, 2021 board meeting. 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