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Seward funding energizes NETS expansion

Seward funding energizes NETS expansion

Northeast Transformer Services will be getting some state money to help with its relocation and expansion to the Town of Preble.

Thanks to help from local State Senator James Seward, NETS will be getting a $250,000 grant in addition to Preble’s $750,000 Small Cities Grant to aid in the relocation.

The relocation will allow the manufacturing company to increase its 52 full time employee staff.

Northeast Transformer Services also reached a payment in lieu of taxes agreement with Cortland County’s Industrial Development Agency to assist with property tax costs for a ten year period.

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O’Mara bill would allow NY farmers to grow hemp

State Senator Tom O'Mara speaks to area residents at a town hall meeting held at the Franziska Racker Centers in Ithaca, Wed. Feb. 12, 2014

State Senator Tom O’Mara has introduced a bipartisan bill that would allow farmers in the state to legally grow hemp.

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Chobani secures $750M investment from TPG

Hamid Ulukaya, CEO of Chobani, Inc., spoke to Ithaca College students Tuesday as part of an event sponsored by The Upstate Venture Capital Association of New York (UVANY)

Greek yogurt maker Chobani has secured a $750 million investment from investment firm TPG Capital.

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NY Fire companies seek volunteers

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Fire departments from around New York state are opening their doors this weekend as they look for new volunteer members.

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Cornell; ND to start $4.5M for study of “hope and optimism”

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$3.8 million is going to a partnership between Cornell University and Notre Dame to study “hope and optimism”.

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NY casino contenders face application fee deadline

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A state gambling panel will pick up to four winning applications in the fall.