Mar 3, 2015
For the 11th consecutive year Site Selection Magazine has recognized Batavia/Genesee County as one of the Top Micropolitans in the United States. Among the criteria for receiving the recognition includes capital investment and job creation. Through the Genesee County Economic Development Center (GCEDC), approximately $58.07 million in new capital investments were made in the county creating more than 140 new jobs in 2014.
âThroughout 2014, we continued to see tremendous growth in Genesee County as a result of our strategic business attraction and expansion efforts to generate capital investment and create more job opportunities,â said Steve Hyde, president and CEO of the GCEDC. âFurther development of the Science and Technology Advanced Manufacturing Park (STAMP), among several other shovel-ready sites, will remain a top priority on our agenda as we move forward into 2015.â
In 2014 the GCEDC achieved 20 project âwins,â and celebrated the $20 million expansion of Yanceyâs Fancy, one of Western New Yorkâs most prominent food manufacturing companies. Yanceyâs investment will result in a new 112,000-square-foot building at the Buffalo East Technology Park in Pembroke and will create 50 new jobs in the region. Other significant projects the GCEDC assisted with were the expansion of Liberty Pumps in Bergen and US Gypsum in Oakfield.
The ranking of Top Micropolitans is based on cities of 10,000 to 50,000 people which cover at least one county. To make the rankings, the projects must be at least $1 million in value, employ at least 50 people, or involve construction of at least 20,000 square feet. There are approximately 576 micropolitans in the United States according to Site Selection Magazine. Batavia was tied for fourth place in the national rankings.
The Genesee County Economic Development Center will unveil its 2014 annual report highlighting its project âwinsâ at the organizationâs annual meeting on Friday, March 6th, at noon at Batavia Downs.
Article from The Batavian and taken from