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2013 Year in Review Helping Business Create & Retain Local Jobs County of Chautauqua Industrial Development Agency

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Page 1: County of Chautauqua Industrial Development Agency 2013 ...- Joseph Shull, President, Dunkirk Metal Products of WNY, LLC Manufacturing remains a strong and vibrant industry with “DMP”

2013 Year in ReviewHelping Business Create & Retain Local Jobs

County of Chautauqua Industrial Development Agency

Page 2: County of Chautauqua Industrial Development Agency 2013 ...- Joseph Shull, President, Dunkirk Metal Products of WNY, LLC Manufacturing remains a strong and vibrant industry with “DMP”

CEO’s Message:

I cannot thank our Board enough for guiding us to another outstanding year at

the County of Chautauqua Industrial Development Agency (CCIDA). I’d like to

acknowledge the great leadership, of our Chairman, Mike Metzger, and also thank two

Board members who stepped down last year– Dr. Gregory DeCinque and Fred Croscut.

Our current Board members are listed on the back page.

Our Team – Rich Dixon, CFO; Carol Rasmussen, Project Manager; Lawrence Taylor,

Project Manager; Kristine Morabito, Project Manager; Valerie Thor, Financial Assistant;

and Sue Casel, Administrative Assistant – once again exhibited their total commitment to

economic development in our County. Their friendly, detailed approach to complex business

issues have made for strong relationships with our local businesses and with businesses

looking to start here.

In 2013, we may have set a record for annual lending with over $4,000,000 in new

loans in the AL Tech Revolving Loan Fund and the Chautauqua Region Revolving Loan

Fund. Our staff worked closely not only with the businesses to make those extraordinary

numbers happen, but they also worked in partnership with our banking community, and

state and local economic development agencies.

We need to only look to a quote in the March 16 Sunday edition of The Post Journal

to understand those great working relationships. In an article about locating the new

Nowinski Pierogies (Rae Foods, Inc.) manufacturing company in Westfield, Rachelle

McFeely, a co-owner, said “….the CCIDA was phenomenal….” We thank her for such

generous words, but the real story was the exceptional team work amongst the CCIDA,

Empire State Development Corporation, the Westfield Development Corporation,

Lakeshore Savings Bank, and Westfield’s Village and Town officials. Together we

helped the owners get the deal for Rae Foods finalized.

In 2013, a fantastic community effort—PowerUpWNY-- come together to save the

NRG power plant in Dunkirk, which will convert from coal to natural gas. The CCIDA

proudly played a role in the effort, and we thank all the leaders and citizens for what they

did to protect our tax base.

2014 is off to a mixed start. There is much emphasis on the StartUP NY program

initiated by the Governor last year. We are working closely with SUNY Fredonia and

Jamestown Community College to assist them in launching their StartUP NY plans.

This can be a great tool to grow jobs here. At the same time we look at the devastating

news at Carriage House/ConAgra in Fredonia and Dunkirk. A quality management team

and workforce with a long history of producing great products will be phased out of their

jobs over the next year by a decision made 900 miles away. We are already involved in

finding new uses for the plants to bring new jobs to both communities.

We have also been visiting local companies to introduce them to Vince Horrigan, our

new County Executive. His vision of helping our businesses grow fits perfectly with our

long-term business retention and expansion program, and we will work closely with him

to fine tune and expand what we do.

2013 l Building Business Throughout Chautauqua County

2Bill Daly

Page 3: County of Chautauqua Industrial Development Agency 2013 ...- Joseph Shull, President, Dunkirk Metal Products of WNY, LLC Manufacturing remains a strong and vibrant industry with “DMP”

CCIDA.com

2013 Year in Review: By the Numbers

Our Goals

Business AttractionAttract businesses, visitors and new residents by maintaining a skilled workforce, developing infrastructure, and creating a dynamic environment in which to work, live and visit.Business RetentionProactive out reach to identify potential business retention and expansion opportunities, and continue support after project completion.CapacityWe will build capacity through staff development/education, educational outreach to the business community, continued membership on local, regional, and national economic development organizations, and maintain appropriate staffing levels to deliver quality services.

Looking Back:In 2013, the CCIDA administered 25 Tax Lease/PILOT projects. These projects made Payment In Lieu of Tax (PILOT) payments to various taxing jurisdictions in Chautauqua County totaling $9,328,067. These PILOTs included advanced manufacturing, tourism and housing projects, and resulted in the creation and retention of 2,517 jobs.

The CCIDA also administered over 70 loans, totaling over $13 million in outstanding balances in its AL Tech Revolving Loan Fund and Chautau-qua Revolving Loan Fund. These two funds assisted in projects that cre-ated and retained 1,839 jobs.

Looking Forward:Business Incentives in 2013 focused on our manufacturing, food processing and tourism clusters.

Tax Incentives:

5 Companies

$10,265,696 in New Investment

84 Projected jobs to be created

$1,298,112 in New Revenue to the County and Local Taxing Jurisdictions

Loans:

10 New Loans

$4,139,156 in Loans

656 Projected jobs created and retained

$19,637,476 in New Investment

3

Page 4: County of Chautauqua Industrial Development Agency 2013 ...- Joseph Shull, President, Dunkirk Metal Products of WNY, LLC Manufacturing remains a strong and vibrant industry with “DMP”

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2013 l Building Business Throughout Chautauqua County

Rae Foods, Westfield

“We really appreciated all of the support we received from the CCIDA, economic groups, politicians and Westfield officials. Being from Pennsylvania we were unfamiliar with the local area and what was available to us. Everyone’s support was a tremendous help and made us comfortable with choosing a location in

New York State” - Rachelle McFeely, President & Owner, Rae Foods, Inc.

Dunkirk Metal Products of WNY, Sheridan

“Tax abatements provided by the CCIDA offset the initial capital investment as we relocated to this larger facility with a long term strategy to become more

efficient, more competitive, and ultimately grow this business and our employment to new levels. We are really excited about the opportunity this

move creates for Dunkirk Metal Products” - Joseph Shull, President, Dunkirk Metal Products of WNY, LLC

Manufacturing remains a strong and vibrant industry with “DMP” known for their sheet metal and fabrication work since the

1940’s. Having expertise in the automotive, locomotive, medical, drainage, and gas and oil industries, the company’s

in-house engineering and the ability to fulfil production runs of any size, make them a one-stop shop for all of their customer’s

needs. CCIDA provided tax incentives and sold a building to DMP for relocation, providing a larger space to innovate,

expand and grow their workforce for years to come.

Delicious. Healthy. Easy to prepare. How else to describe those tasty “little pies” stuffed with the likes of cheese, potatoes or sauerkraut?

Already a favorite in Western New York, Nowinski Perogies found a new home right here in Westfield after 15 years of operation in New Castle, Pennsylvania.

Under the new ownership of Rae Foods, Inc. the company aquired, renovated and equipped a 15,000 square foot facility to expand and grow business with a renewed vision and vigor. CCIDA led the coordination of state and local assistance, as well as providing working capital and equipment financing, along with tax abatement incentives.Foods, Inc.

Page 5: County of Chautauqua Industrial Development Agency 2013 ...- Joseph Shull, President, Dunkirk Metal Products of WNY, LLC Manufacturing remains a strong and vibrant industry with “DMP”

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CCIDA.com

Southern Tier Brewing Company, Inc. Expansion Project, Busti

Empire Specialty Cheese,Harmony

S. Howes, Silver Creek

“Tony and I are not very political - no offense - but, I will tell you that the people you see behind us - they were

aggressive. They went out of their way; they returned phone calls; we never waited. So for any other business owners out there that are considering anything, you can’t ask for anything more. You have to be nuts not to come here and

ask to see if you can move your business here. The opportunities are big. There are a lot of people around.

I just wanted to say that, that’s why we are here.” - Jerry Matteis, co-owner,

Empire Specialty Cheese, LLC

CCIDA tax incentives were provided to S. Howes, Inc. for an 8,100 square foot expansion resulting in additional capacity, allowing them to secure larger

and more complex projects

Empire Specialty Cheese Company, LLC recently purchased the former AFA Foods facility in Blockville to relocate and expand their operations.

This unsolicited, spontaneous statement, by a new business owner bringing new jobs and revenue to Chautauqua County, proves that the economic development professionals of Chautauqua County have delivered once again for the people and taxpayers of our County.

Southern Tier Brewing Company, Inc. in the Stoneman Industrial Park in the Town of Busti is again expanding their facilities. The company erected a 45,000 sq. ft. building in 2013 for warehouse space for packaging materials, and includes office space, lab and six loading docks. Their growth in current and projected sales prompted this expansion project. The new addition will bring a total of approximately 83,000 sq. ft. of new construction in the Town of Busti since they began their operations in 2003. Southern Tier Brewing Company currently has over 60 employees.

STB Company distributes in over 30 states and Canada. This Chautauqua County company has been ranked No. 15 among the top 50 Overall US Brewing Companies, according to US Brewers Association 2012 production statistics for the industry. Owners of this company are Phineas DeMink, President and Sara DeMink, Vice-President.

The CCIDA Board of Directors approved assistance through tax incentives,and sold 44 acres of land in StonemanIndustrial Park to the company.

Page 6: County of Chautauqua Industrial Development Agency 2013 ...- Joseph Shull, President, Dunkirk Metal Products of WNY, LLC Manufacturing remains a strong and vibrant industry with “DMP”

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2013 l Building Business Throughout Chautauqua County

Artone, LLC was founded in 1974, and has become a world class supplier of comprehensive commercial and institutional furniture solutions. Their customers demand high quality, custom designed case goods, and Artone delivers the best combination of progres-sive style and turnkey products for the hospitality, store fixture, health care and commercial markets. They have the flexibility to develop everything from flat panel production to completed case goods using materials such as laminates, woods, veneers, edge treatments, plastics, stone products, and metals, and the capac-ity to produce these items quickly and in quantity.

This real estate purchase at 1111 Allen Street, Jamestown, NY was essential for the growth of the company. There was a need to purchase this building for efficiency, work-flow capabilities, and future growth. They are adding a new manufacturing line from out-of-state in 2014. The company was awarded a $300,000 AL Tech loan by the CCIDA Board of Directors

Artone, LLCBuilding Purchase & Renovation

French Creek Properties, LLCNew Club House Expansion

PILOT/Tax Lease

An addition to the existing Fairway Suites at the Peak that includes: a Great Room with Stone fire-place, Greeting & Registration area with wine bar

and light snacks, full state-of-the-art Fitness Center complete with yoga mats and juice bar, outdoor

infinity pool with water gardens, outdoor year-round 8 person hot tub with outdoor television, gas fire pit

and extensive patio garden.

CCIDA assisted the project with a Tax Lease and PILOT incentive.

Ready for the Future

Chautauqua County is very for-tunate to have a 140 acre New York State Certified “Shovel Ready” Site located in the Town of Ripley. In addition, we have the Mason Industrial Park and Airport Hill Industrial Park, both located in the Town of Ellicott; and the Chadwick Bay Industri-al Park in the Town of Sheridan, all of which have the necessary infrastucture and environmental certifications in place to facilitate rapid construction start-ups. Moreover, the County has an abundant inventory of privately owned “greenfield”, “brownfield” and “adaptive reuse” proper-ties, along with the expertise to convert them to productive industrial and commercial sites.

The CCIDA’s Uniform Tax Ex-emption Policy (UTEP), provides abatements and exemptions from property, sales, use and mortage recording taxes for eligible projects. The UTEP abatement applies to the value added by construction or reno-vation for industrial, commercial and tourism related projects that will have a significant im-pact within Chautauqua County.

The CCIDA also has the abil-ity to issue tax-free or taxable revenue bonds depending on project size. An affiliate of the CCIDA, the Chautauqua County Capital Resource Corporation (CRC), can provide tax exempt revenue bonds for projects that the CCIDA cannot undertake, such as funding for a 501(c)(3) organization’s projects.

Page 7: County of Chautauqua Industrial Development Agency 2013 ...- Joseph Shull, President, Dunkirk Metal Products of WNY, LLC Manufacturing remains a strong and vibrant industry with “DMP”

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CCIDA.com

A $480,000 AL Tech loan assisted Scott’s Peek n’ Peak, and resulted

in reducing their annual electric cost by approximately $180,000 per year.

An AL Tech loan and a PILOT/Tax lease incentive was awarded to

Gren Ventures, LLC for the constuction of a 22,990 sq. ft.

building which will be utilized as a recycling center.

Sherman

Clymer

Findley Lake

Panama

Ripley

19 419

155

18

17

1/6

8

7

2

14 11 12

3/91613 10

Jamestown

20KEY PROJECT NAME

Tax Incentives1 Rae Foods2 Dunkirk Metal Products of WNY, Inc3 Gren Ventures, LLC4. Southern Tier Brewing Company, LLC5 French Creek Properties, LLC

Loans6 Rae Foods Inc.7 E. Main Complex, LLC8 Shaant Industries9 Gren Ventures, LLC10. Ruhlman Industrial Properties11 Lamb Trio, LLC12 The Stannard Group13 Jamestown MVP, LLC14 Credit Bureau of Jamestown15 Scott’s Peak n’ Peek, LLC

Other Assistance16 Artone, LLC17 Grape Discovery Center18 Ripley Interstate Site19 Empire Specialty Cheese20 S. Howes

Page 8: County of Chautauqua Industrial Development Agency 2013 ...- Joseph Shull, President, Dunkirk Metal Products of WNY, LLC Manufacturing remains a strong and vibrant industry with “DMP”

Board of DirectorsMichael Metzger, Dennis Rak. Hans Auer, Chairman Vice Chair TreasurerPresident, Blackstone Advanced Technologies Owner, Double A Vineyards VP, Wealth Management/UBS Financial Services, Inc

Kim Peterson, Doreen Sixbey David Bryant, PhDSecretary Vice-President, M&T Bank Personal Wellness Counselor

Retired President, Ellison Bronze

Dr. Cory Duckworth George BorrelloPresident, Jamestown Community College Chautauqua County Legislator

Chairman Planning & Economic Development Committee

Pictured: Front Row: Sue Casel, Administrative Assistant; Kristine Morabito, Project Manager; Carol Rasmussen, Project Manager

Back Row: Rich Dixon, CFO; Bill Daly, Administrative Director/CEO; Lawrence Taylor, Project Manager

Our MissionThe CCIDA is an economic development

organization authorized and empowered

by the State of New York to make

Chautauqua County a better place to work,

live and visit. We facilitate development by

attracting new businesses, while

promoting the retention and expansion of

existing buinesses. Assistance in the forms

of incentives - tax abatements, low interest

loans, and bond financing - enhances the

opportunities for job creation and retention

by our businesses.

County of Chautauqua Industrial Development Agency

County of Chautauqua IDA200 Harrison Street, Suite 300

Jamestown, NY 14701

(716) 661-8900www.ccida.com