Broome County continued its economic momentum in 2025, with more than $85 million in new private investment supported by The Agency (Broome County Industrial Development Agency) driving the creation of nearly 500 jobs that support long-term community growth, according to the organization’s 2025 Annual Report released today. Through a mix of incentives designed to attract investment while delivering critical revenue for local services and supports, Agency support drove not only the expansion of businesses that are creating new opportunities for local residents, but it also is spurring the creation of nearly 150 new housing units at a time when the [...]

On December 16, the Town of Maine Board requested that the IDA provide an update on the status of the proposed Broome Tech Park. Unfortunately, this was the only Board meeting not recorded by the Town. We have posted our video, including an extensive Q&A, below. https://youtu.be/j12_UAqUuKQ

As New York State charts an ambitious path toward a cleaner, more resilient, and more innovative energy future, Broome Tech Park is positioned to support that transformation. The newly adopted 2025 State Energy Plan outlines a statewide strategy focused on delivering abundant, reliable, affordable, and clean energy while supporting economic development and equity. These goals align with the vision behind Broome Tech Park: a development‑ready site designed to attract forward‑thinking companies and strengthen the region’s economic competitiveness. Delivering Abundant, Reliable, and Clean Energy The State Energy Plan emphasizes the need for an energy system that is resilient, reliable, and clean. [...]

The Southern Tier's Potential Southern Tier IDAs have joined forces to release the New York Southern Tier Cleantech Strategy—a regional blueprint developed by the Newmark Group designed to position our area as a major player in clean energy and advanced manufacturing. The study identifies high-growth industries like energy storage, clean transportation, and semiconductor packaging as key drivers of Upstate New York's economic transformation. By pairing existing R&D assets with targeted infrastructure upgrades and workforce development, the Southern Tier is laying the groundwork for high-quality jobs and long-term prosperity. The collaborative blueprint highlights five key sites that are well-positioned to attract [...]

How will Broome grow? In August, the Wall Street Journal profiled local families working hard to make ends meet, a reminder that affordability remains a daily challenge for many of our neighbors. For those of us who call Broome home, that story underscored a simple truth: development should serve the public good by creating opportunities across the county, from Maine to Binghamton to Kirkwood. That’s why we continue to pursue the Broome Technology Park. For too long, we’ve watched neighboring regions attract new jobs and investments that bring higher wages, homeownership, and upward mobility within reach for more families. Completing [...]

What's to come?   To date, significant environmental impact assessment analysis has been completed. The full depth and breadth of the topics to be addressed in the GEIS  are outlined in a “Scoping Document” made available for public comment last year. The Scoping Document is available for review here. We’re now completing the remaining studies and validating data to produce a draft GEIS for public review and comment. For example, we recently conducted additional fieldwork to evaluate existing wetlands; we reviewed maps, photographs, and soil samples, and we have been identifying plants and wildlife to better understand how this project could [...]

How did we get here? Under New York State’s Environmental Quality Review (SEQR), the Agency is the Lead Agency for the coordinated review of the Broome Technology Park project. This coordinated review involves participation with state and local agencies. The GEIS is a part of that SEQR process. A GEIS is designed to evaluate the environmental, social, and economic impacts of major projects such as the Broome Technology Park. But what actually is this document? The GEIS is a comprehensive study that looks at how a proposed development could impact the natural environment (like water and open spaces) and the [...]

By: Stacey Duncan, CEO, Leadership Alliance Across Upstate New York, economic momentum is building. From advanced manufacturing to clean energy innovation, new investments are rewriting the story of our region. But as this renaissance accelerates, the communities that will benefit most are those equipped not only with shovel-ready sites, but also with something even more important: a quality of life that makes people want to come here to work and stay to put down roots. Broome County has that advantage. Our affordability, accessibility, and strong quality of life position us to capture the next wave of investment and job growth [...]

When Colorado recently broke ground on its new Quantum Tech Park—a 70-acre site dedicated to advancing quantum research and creating thousands of jobs—it demonstrated the power of focused, strategic local investment. This project, backed by significant federal and state funding, serves as a clear model for how place-based innovation can shape regional economies by leveraging unique local assets. In Broome County, we are pursuing a similar, ambitious vision. Our strategy is built upon our existing strength as a national leader in battery innovation and advanced manufacturing. This vision is anchored by the Broome Tech Park, a 526-acre development spanning the [...]

The New York Independent System Operator (NYISO) released Power Trends 2025, the company’s annual state of the grid and markets report. Power Trends 2025 details how reliability margins continue to decline as fossil-based generation retires and new supply resources are not keeping pace with expected demand growth. Further, the report examines the impact on the electric system from an increase in large loads, such as semiconductor manufacturing, generative AI and data center projects. “The grid is undergoing rapid and instrumental change,” said Rich Dewey, President and CEO of the New York Independent System Operator. “We continue to observe declining reliability margins while [...]