In 2022, Micron announced its plans to build the largest leading-edge memory semiconductor fabrication facility in the history of the United States in Clay, NY. Micron will invest approximately $100 billion over the next 20 years to construct a new semiconductor…
The availability of a skilled workforce has become one of the most critical issues in economic development today. Growing one’s economy relies on a community’s ability to cultivate a skilled workforce that meets current demands. In Steuben County, manufacturing jobs…
Revitalizing our economy goes beyond just attracting businesses. Today, economic development professionals understand the key factors that influence where businesses choose to thrive. It’s not just about profit margins; they look at the workforce, community liveliness, top-notch schools, healthcare facilities,…
Last week, Steuben County IDA unveiled a series of videos commemorating the agency’s 50 years of service to the Steuben County community. This compilation features current and past board members, community leaders, and business managers discussing the impact the organization has…
In addition to expanding our role within the county over these past 50 years, we’ve also expanded the industries we seek to attract and retain. As our name indicates, manufacturing was the primary target of our services when the agency began…
Recently, Steuben County IDA joined our partners in economic development and LP Building Solutions to break ground on a new $24 million engineered wood siding prefinishing facility. The company will produce its LP® SmartSide® ExpertFinish® product at the state-of-the-art facility located at the…
Time interviewed Corning Incorporated CEO Wendell Weeks about the company’s impact on our quality of life, what future investment will focus on, and what he’s learned about risk. Read the full article here.
As we celebrate 50 years of service in the community, it’s important to note how the IDA’s mission has expanded. We incorporated in 1972 under the state’s IDA authority to provide financial incentives to private companies, with the goal of…