The Business Development Corporation is the lead economic development agency in Cortland County, New York. A private, publicly funded not-for-profit local development corporation, the BDC offers a range of programs and services that retain, create, and attract jobs to Cortland County. Explore these pages for more information on these programs and how they might help to you.
In addition, the BDC staff performs all necessary administrative services for the Cortland County Industrial Development Agency, a public benefit corporation offering low cost financing for real estate and equipment through industrial revenue bonds. The agency can also negotiate with businesses for special payments in lieu of taxes, provide sales tax relief, and offer exemptions from various New York State taxes and fees.
FINGER LAKES EAST CONSTRUCTIOn COMPLETE
December 1, 2011, Cortland, NY - Construction has been completed at Finger Lakes East, Cortland County’s state-certified “shovel ready” business park. Work on the $4.5 million project began in April, 2010, with the majority of the work undertaken by local contractors Adhan Piping Company and Suit-Kote Corp.
GREEK PEAK COMPLETES NEW CONFERENCE CENTER
December 1, 2011, Virgil, NY - Greek Peak Mountain Resort has completed the latest phase of its expansion, this time a 5,600 square-foot conference space at the newly expanded and renovated Katalima Lodge at the base of the mountain.
REGIONAL JOBS PLAN SUBMITTED FOR REVIEW
December 1, 2011, Cortland, NY - The Central New York Regional Economic Development Council’s five-year plan for economic growth is among 10 that have been presented for consideration by a special review committee in Albany, but final word on how each one grades out is not expected until mid-December.
MILK PLANT DEVELOPERS' CURRENT FOCUS IS ON CAYUGA COUNTY
BUT CORTLAND COUNTY'S BUSINESS PARK IS STILL AN OPTION
November 15, 2011, Cortland, NY - The potential developers of a major new Central New York dairy products manufacturing facility are focusing their attention on a location in the Cayuga County town of Aurelius, but are not likely to make a final site announcement until the first quarter of 2012.
BDC/IDA DIRECTOR NAMED TO CENTRAL NEW YORK REGIONAL ECONOMIC DEVELOPMENT COUNCIL
July 26, 2011, Albany, NY - Governor Andrew M. Cuomo has named Garry L. VanGorder to the Central New York Regional Economic Development Council, one of 10 such organizations statewide that will work to redesign the relationship between the state government and businesses to stimulate growth and create jobs.
CORTLAND COMMUNITY WELCOMES PYROTEK
June 8, 2011, Cortland, NY - Pyrotek, Inc., a global leader in the development, manufacture, and sale of high-temperature materials for industrial applications, was officially welcomed to the Cortland County community May 20 in ceremonies at the Route 13 facility.