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2017 GCEDC Economic Results- $915 Million Generated in Economic Impact
The Genesee County Economic Development Center (GCEDC) today shared its 2017 economic performance results. The 16 projects included providing assistance and incentives to businesses in the food and beverage, life sciences, community development, tourism, distribution and construction sectors.
These projects generated $240 million in pledged capital investment in addition to commitments to create 288 jobs. Since 2003, the GCEDC has provided similar assistance and incentives for 449 projects which have generated $1.3 billion in capital investment and the creation and/or retention of approximately 4,528 jobs.
Projects that worked with the GCEDC and closed in 2017 included:
· Batavia Brewing Company
· Bonduelle (in conjunction with Empire State Development)
· Darien Lake Theme Park Resort
· HP Hood
· Junior’s Maple
· Manning Squires Hennig – 2017
· Mercy Flight
· WNY STAMP National Grid Marketing Grant
· O-AT-KA Milk Products
· Resurgence Brewing Co. (in conjunction with Empire State Development)
· First Light Creamery
· Ten Car
· GVT Rail
· Liberti, Valvo & Associates, LLC.
“The goal of the GCEDC is to bring new businesses and opportunities to our area by highlighting all of the amazing resources Genesee County has to offer,” said Paul Battaglia, chair of the GCEDC board. “It was a very exciting year in 2017 for Genesee County and we are energized to continue building on this momentum for 2018.”
“Through strong leadership demonstrated by our board and staff, we have proved through the years that Genesee County is a place where businesses can prosper and grow,” said Steve Hyde, president of the GCEDC. “From our proximity to densely populated areas to business incentives to industry specific shovel-ready sites, both local and out of state businesses are continuing to invest in Genesee County.”