Commerce Chenango and its partner agencies play vital roles in area economic growth

August 16, 2016 - Front Section

Chenango, NY Commerce Chenango is your one-stop economic development partner; housing the Development Chenango Corporation (DCC), Chenango Industrial Development Agency (IDA) and the Chenango County Chamber of Commerce.

Economic Development Assets

Commerce Chenango’s economic development team is here to meet all of your business development and relocation needs. Our unique structure means we are able to provide your business with a broad spectrum of incentives and services, including: low-interest loan funds, access to grant funds and tax credits, tax abatements and a strong local connection to Regional and State agencies that can help your project succeed. We’ll advocate for, and work as a partner with your project from start to finish.

Additionally, businesses in Chenango County are uniquely able to take advantage of Foreign Trade Zone (FTZ) program benefits. The FTZ program helps encourage activity and value-added production at U.S. facilities in competition with foreign alternatives by allowing delayed or reduced duty payments on foreign merchandise, as well as other savings. Businesses operating anywhere within Chenango County are eligible to apply for these benefits.

Physical Assets

Businesses that call Chenango home have the advantage of a distinctive combination of authentic small-town and urban attributes, and the convenience of being centrally located, within a few hours’ drive to major urban markets in the Northeast. The area provides access to a general aviation airport and freight rail transportation via NYSW and Norfolk Southern routes. Both routes have several potential industrial and manufacturing sites adjacent to the lines with siding. Chenango County operates a highway system of over 300 miles, which networks with state and interstate highways and provides easy access to the NYS Thruway, Interstates 81, 88 and 86. Chenango County also has two municipal electric systems (Sherburne and Greene), which provide low-cost electric service to residents and businesses within the boundaries of the systems.

Chenango County’s economy is comprised of several major industries, including Aerospace Manufacturing, Pharmaceuticals, Health Care, Agriculture, and Financial Services. As such, the facilities that are currently available in the county can be easily adapted to many uses. Listed below are just a few opportunities that are available in the area. Learn more about Chenango County and our available sites and buildings here: www.statebook.com/site/commerce-chenango-ny

• Cherry St., Greene: Newly renovated facility with 22,000 s/f manufacturing space and 3,000 s/f office on 30 acres. Greene Municipal Electric service. Currently designed for food/dairy manufacturing and cold storage.

• 20 American Ave, Norwich: In the downtown area, this building was the former manufacturing facility for Norwich Pharmacal’s Unguentine Ointment. Heated four-story masonry warehouse. Two covered loading docks with 16’ clearance. 12’ ceilings. Freight elevator, private parking. Opportunity for mixed-use redevelopment.

• 14-16 S. Broad St., Norwich: Three floors of mixed-use, developable opportunity in the center of the city. The second floor has been used for office and classroom space, the first and third floors are a blank canvas.

• 12 Whitney Way, Bainbridge: Well-constructed, modern commercial building. Light, bright rooms and common areas; central air conditioning and security system. Municipal water and sewer, on nearly 1.5 acres. Halfway between Binghamton and Oneonta, and only a mile to I-88.

Quality of Life Assets

Chenango County is a great place to live, work and play!

Many of Chenango County’s downtowns feature historic architecture, thriving small businesses, parks for families to enjoy, and annual events and activities that flourish. Many communities have focused on preserving historic buildings, streetscape improvements, and banner programs, making Chenango’s downtowns among the most inviting in the state.

The area is convenient to numerous secondary and workforce education facilities. From business assessment to customized training, from financial assistance for training needs to employee recruitment, Chenango County’s education and workforce development partners are ready to assist in building a quality workforce for your business.

Having it all isn’t just a dream – it’s a way of life. The low cost of living and high quality of life, mixed with a proactive business climate, make Chenango County a great place to do business. Commerce Chenango and its partner agencies play a vital role in the economic growth of Chenango County. The team works closely with state and local development organizations to enhance business and industry, and to create and retain jobs in the area. On-going activities create and sustain business and employment growth, while renewing the area’s long-standing tradition of innovation and entrepreneurship. Contact Commerce Chenango to learn more about how they can help make Chenango your next business location.

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