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Genesee Valley Agri-Business Park Batavia, NY Genesee County Presented by Steven G Hyde President/CEO Genesee County Economic Development Center One Mill.

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Presentation on theme: "Genesee Valley Agri-Business Park Batavia, NY Genesee County Presented by Steven G Hyde President/CEO Genesee County Economic Development Center One Mill."— Presentation transcript:

1 Genesee Valley Agri-Business Park Batavia, NY Genesee County Presented by Steven G Hyde President/CEO Genesee County Economic Development Center One Mill Street, Batavia, NY 14020 – 585.343.4866 – gcedc.com - shyde@gcedc.com

2 Agenda 4) GCEDC – Who we are 1) Genesee Valley Agri-Business Park Overview 5) Farm Credit of WNY 2) Why WNY/Genesee County 3) Challenges/Solutitons

3 Genesee Valley Agri-Business Park A 200+ Acre Shovel Ready Ag Park A 200+ Acre Shovel Ready Ag Park Dedicated to Agri-Business and Food Processing, Sits in Empire Zone Dedicated to Agri-Business and Food Processing, Sits in Empire Zone Largest Park of its type in the US Largest Park of its type in the US Low Cost Process Water/Treatment Low Cost Process Water/Treatment Sits on Aquifer producing 6 Million Gallons/Day Sits on Aquifer producing 6 Million Gallons/Day Pretreatment facility on site Pretreatment facility on site Confluence of Infrastructure Confluence of Infrastructure Transmission, Sub-Transmission and Distribution Electric Transmission, Sub-Transmission and Distribution Electric Natural Gas, Sewer, Municipal Water/Sewer at site Spring of 2008 Natural Gas, Sewer, Municipal Water/Sewer at site Spring of 2008 Sites near O-AT-KA on State Routes 5 and 63, minutes from I-90 Sites near O-AT-KA on State Routes 5 and 63, minutes from I-90 Access to Rail Access to Rail Proximity to Supply and NE Markets Proximity to Supply and NE Markets sits in Upstate Milkshed, 10 Hour drive from 184 Million People sits in Upstate Milkshed, 10 Hour drive from 184 Million People 30 Miles to Rochester/Buffalo Airport, 7-8 hours from Port of NY 30 Miles to Rochester/Buffalo Airport, 7-8 hours from Port of NY Financial Incentives Available Financial Incentives Available No State Income or Property Tax for 10 Years (Via Empire Zone) No State Income or Property Tax for 10 Years (Via Empire Zone) Elimination of State Sales Tax and Mortgage Tax Elimination of State Sales Tax and Mortgage Tax NYS/ESD Grants, Small Cities Grants, Low Interest Loans NYS/ESD Grants, Small Cities Grants, Low Interest Loans

4 Genesee Valley Agri-Business Park O-AT-KA Milk Products Upstate Milk

5 Why Genesee County/WNY? Proximity to Supply Proximity to Supply - New York is the 3 rd largest milk producer in the US - New York is the 3 rd largest milk producer in the US - Genesee/Wyoming are the #1 and # 5 producer of milk in NYS - Genesee/Wyoming are the #1 and # 5 producer of milk in NYS - Located in the heart of the Upstate Milkshed (produces 23% of NY Milk) - Located in the heart of the Upstate Milkshed (produces 23% of NY Milk) - Access to several mid-sized farms (1500-3000 cows) - Access to several mid-sized farms (1500-3000 cows) Proximity to NE Markets Proximity to NE Markets - 184 Million people w/in 500 miles (10 hour drive) - 184 Million people w/in 500 miles (10 hour drive) - Proximity to NYC and Port of NY (7-8 hour drive) - Proximity to NYC and Port of NY (7-8 hour drive) - Easy access to Canada - Easy access to Canada

6 Why Genesee County/WNY?

7 WNY is the #1 Food Producing Region in US WNY is the #1 Food Producing Region in US - 5 Top 100 Food Producers located in region - 5 Top 100 Food Producers located in region Constellation Brands (Adult Beverages) Rich Products ( Desserts, Breads & Rolls) Constellation Brands (Adult Beverages) Rich Products ( Desserts, Breads & Rolls) Seneca Foods (Fruits and Vegetables) Birds Eye Foods (Canned & Frozen foods) Lactalis (Sorrento Cheese) Seneca Foods (Fruits and Vegetables) Birds Eye Foods (Canned & Frozen foods) Lactalis (Sorrento Cheese) - Productive and Trained Work Force (nearly double the national average) - Productive and Trained Work Force (nearly double the national average) - Much of Supply Chain in Place (from packaging to transportation) - Much of Supply Chain in Place (from packaging to transportation) Affordable Land/Labor Affordable Land/Labor - More affordable land and labor costs compared to major metros - More affordable land and labor costs compared to major metros

8 Why Genesee County/WNY? Industry Businesses and Employment: Industry Businesses and Employment: 1200 businesses employing 16,446 regionally 1200 businesses employing 16,446 regionally

9 16%-30% 31%-49%49% + Land Percentage Assessed Ag by County

10 Challenges/Solutions Challenge: Challenge: Promote Economic Growth While Preserving Farmland Solution: Solution: Work with Ag Community to develop Least productive land Work with Ag Community to develop Least productive land Locate Businesses in designated Clustered Areas Locate Businesses in designated Clustered Areas Challenge: Challenge: Secure Funding for Infrastructure for Ag-Park Solution: Solution: Secure Investments from State/County/Town Form Joint Venture to bridge financing

11 Genesee Valley Agri-Business Park A Collaborative Effort A Public/Private Partnership consisting of the GCEDC and Farm Credit Of WNY A Public/Private Partnership consisting of the GCEDC and Farm Credit Of WNY Both have an equity stake in the park Both have an equity stake in the park $3 Million Grant from NYS to provide phase 1 Infrastructure $3 Million Grant from NYS to provide phase 1 Infrastructure $2.1 Million Funding from Genesee County w/direct investment from Town of Batavia $2.1 Million Funding from Genesee County w/direct investment from Town of Batavia

12 GCEDC/GGLDC Who we are: Quasi Government Agency designed to Enhance Economic Growth Quasi Government Agency designed to Enhance Economic Growth Works at Speed of Business to assist project implementation Works at Speed of Business to assist project implementation Works as Liaison with Government Entities to speed permitting process Works as Liaison with Government Entities to speed permitting process Offers Several State and Local Incentives Offers Several State and Local Incentives Offers Shovel Ready Industry Specific Parks Offers Shovel Ready Industry Specific Parks Offers One Stop Shopping via established regional partners Offers One Stop Shopping via established regional partners

13 Farm Credit of Western New York is a lending cooperative for the Ag Industry, making loans such as mortgages, seasonal loans and lines of credit. Farm Credit of Western New York is a lending cooperative for the Ag Industry, making loans such as mortgages, seasonal loans and lines of credit. More than $927 Million in Assets More than $927 Million in Assets Equity Stake in Genesee Valley Agri-Business Park Equity Stake in Genesee Valley Agri-Business Park Farm Credit: Who We Are

14 Results: Installation of Phase 1 infrastructure in Spring 2008 Installation of Phase 1 infrastructure in Spring 2008 Received International and Regional site visits Received International and Regional site visits Secured Letter of Intent from Canadian Food Processor Secured Letter of Intent from Canadian Food Processor Applied for Grant to Support Agri-Tourism at the Park Applied for Grant to Support Agri-Tourism at the Park

15 THANK YOU! THANK YOU!


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