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Friday, October 31, 2014
Amsterdam, NY ,
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Looking for an economic shot in the arm

Monday, September 30, 2013 - Updated: 9:22 AM

The Mohawk Valley Regional Economic Development Council has compiled a thorough wish list of projects in our area for which it hopes to secure financial assistance from the state of New York. The list is long, it includes several proposals in our region, and targets the creation of jobs in our little corner of upstate.

The council has placed priority tags on several regional business plans in six local counties -- Montgomery and Fulton among them. Statewide, the numbers involved in the requests are staggering. The development council is asking for $25 million in assistance to help create or retain more than 1,900 permanent and construction jobs. In total, the development projects carry an estimated price tag approaching $1.8 billion.

Among the local initiatives that could benefit from the development council's wish list:

* A $20.7 million project at River Ridge Living Center in Amsterdam. The council seeks $1.57 million to help build senior housing units for 120 more residents. This could create up to 80 jobs, according to the council.

* A $5.8 million project at the Best Value Inn in Amsterdam. The council seeks $900,000 to renovate the operation into a Hampton Inn hotel, adding an indoor pool and water slide, which could result in 25 additional jobs.

* A $1.5 million project for a new campground and recreational area near the popular St. Johnsville Marina and Campsite. The council seeks $200,000 in the hopes of drawing more tourists to the upcounty destination and adding 20 jobs.

* A $3.1 million project at Mohawk Lifts of Amsterdam. The council seeks $180,000 in state funding to help build a new facility to fabricate lifting equipment for vehicles it manufactures. This could retain or create nine jobs.

* A $158,225 project at Giant Solutions of Amsterdam. The council seeks $40,000 for equipment for work the telecommunications and computer technology operation does for wireless communications companies.

* A $184,700 project to locate a distillery in Montgomery County for the manufacture of distilled spirits. The council seeks $10,000 to help open the business in an area of the county that has been devastated by flooding.

The regional economic development council expects to hear about its requests before the end of the year. Until then we'll wait and hope. We could surely use the shot in the arm.

     

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