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Three Cortland County Development Projects Included In Regional Grant Application
Tuesday, September 18, 2012
Three Cortland County Development Projects Included In Regional Grant Application
Three projects aimed at promoting job growth and business expansion in Cortland County have been included in the Central New York Regional Economic Development Councils latest grant application.
 
Among the 34 projects submitted for the competitive grant funding program is a $9 million expansion at Pall Trinity in Cortlandville, a $2 million proposal to remodel and reopen the former Homer Oil Soy crushing plant in the Village of Homer, and a $1.8 million parking facility for downtown Cortland.
 
The multi county Central New York Regional Economic Development Council selected the priority projects. Cortland and Cayuga Counties are included in the group, which is looking to secure the top grant award of $25 million dollars.
 
The plan if funded will retain 799 jobs, and create another 825 new jobs.
 
The Pall Corp. expansion involves ramping up its research and development facilities in Cortlandville, including construction of a state-of-the-art research and development facility within existing space at its north campus.
 
Renovations will include construction of a corridor connecting all of the technology functional areas of the building, renovation existing R&D space, modernizing office space, and adding an entrance and office space.
 
Pall, which manufactures water filtration, separation, and purification equipment would add 18 employees to its existing 112-member R&D workforce. Overall, the company employs nearly 800 people at its Cortland operations.
 
Pall is looking for $700,000 in capital grant funding and $300,000 in Excelsior tax credits.
 
The Homer Soy Project involves restarting the former Soy crushing facility in order to convert soybeans into commercially saleable products, including soybean meal and oil. The project is looking for $300 thousand in state funding and would create 25 new jobs.
 
The City of Cortland would use $250 thousand dollars to construct a one story parking deck over top and existing surface parking lot.
 
The project would add 74 parking spaces in Cortland's Central Business District to spur the development of upper floor housing, which will in turn bolster and strengthen downtown economic development efforts.
 
County Industrial Development Director Gary VanGorder say the projects were submitted for funding because they meshed well with the regions previously approved strategic development goals.
 
 
Other funding priorities identified in the grant application include over half a million dollars for Lime Hollow Nature Center to fund its proposed environmental education center.
 
$600 thousand dollars to help fund the replacement of Little York lake Dam, $200 thousand to help the ongoing renovation of the former recreation Alleys into Theater space for the Cortland Repertory theater, over $840 thousand to fund a Route 90 Scenic Byway project, including renovations at the Homer Center For the Arts.
 
 $750 thousand dollars to fund the move of Northeast Transformer from Cortland to the former Saulsbury Truck Plant in Preble and $70 thousand dollars to help fund equipment for E Precision Forming in Cortlandville that will help the company transition to a more environmentally friendly production process.
 
During the 1st round of funding last year the Central New York region was awarded more than $103 million for 74 projects including economic development project here in Cortland County.
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