Why are the world’s most forward-looking companies choosing to invest in New York State? With its abundance of clean and reliable power, first-class colleges, a highly skilled workforce, and a thriving economy, high-tech manufacturers and supporting supply chain partners are capitalizing on these assets to expand their operations and grow their businesses in New York. Leaders across the state have a proven track record of encouraging pioneering investments to support diverse and prosperous local economies. Through competitively positioned loans, grants, tax credits, and real estate development, New York has some of the most competitive incentives and economic development attraction mechanisms [...]

For decades, the Southern Tier has wrestled with economic decline. Since 2000, Binghamton has lost 6,500 manufacturing jobs — a staggering 37% reduction — as losses also piled up down the road in Elmira (19% decrease) and Ithaca (25% loss). What’s more alarming is witnessing local pride fade under the weight of shrinking opportunity. But the story can, and must, change — not by clinging to the past but by leaning into new opportunities like the bright future of clean energy and advanced manufacturing. A recent strategy report commissioned by regional economic development leaders lays out a clear path forward. [...]

Business parks are purpose-built environments designed to provide businesses with everything they need to flourish. These hubs bring together organizations of all sizes, offering shared facilities, modern infrastructure, and excellent accessibility. Whether you’re a startup looking for your first office or an established company seeking an inspiring new base, business parks can offer a wealth of advantages. Below, we explore the key benefits that make business parks such a compelling choice. 1. Location and Accessibility One of the biggest draws of business parks is their location. Often situated near major transport links such as highways, railways, and airports, these spaces are [...]

BINGHAMTON, N.Y. April 29, 2025 – Southern Tier regional economic development leaders today released a blueprint on how the region can cement its role in Upstate’s clean energy and high-tech future by creating a wide range of jobs and economic opportunities that will provide upward mobility for current and future residents for years to come.   Produced by Newmark, a global development consulting firm, the New York Southern Tier Cleantech Strategy highlights key industries — including renewable energy storage development, clean transportation manufacturing and semiconductor packaging — that the region can attract by pairing existing resources and research capabilities with [...]

In today’s environment, businesses may find significant advantages in establishing operations within business and industrial parks. There are numerous reasons as to why businesses locate within such facilities. Operating at a site that caters to their needs, companies can perform at their best and provide top-of-the-line products and services. Business and industrial parks may provide cost-effective operational benefits such as lower overhead expenses and potential tax incentives. These parks are equipped with specialized infrastructure tailored to specific industrial needs. Many industrial parks are strategically located near transportation hubs like highways, railways, airports, and ports. Industrial parks benefit from the logistical [...]

As technology continues to evolve, the demand for IT businesses is increasing rapidly. These businesses require an environment that fosters innovation, productivity, and collaboration. Tech parks provide the ideal environment for IT businesses to thrive. Let's take a closer look at how tech parks can benefit IT businesses. World-class infrastructure Tech parks offer world-class infrastructure that includes high-speed internet, power backup, air conditioning, and security. These facilities provide an excellent working environment for IT businesses. The infrastructure in tech parks is designed to cater to the specific needs of IT businesses, ensuring that they have access to all the necessary [...]

ENDICOTT, NY – (WIVT/WBGH) BAE is planning a major expansion in Endicott as it invests more in electric aviation technology. BAE is planning a $65 million expansion on the Huron Campus to accommodate a new battery production line, lab space, and new office space. According to Empire State Development, the aerospace technology firm has committed to adding 134 new jobs while occupying an additional 150,000 square feet of existing space on the Huron Campus. The batteries will be developed for electric and hybrid electric airplanes. Planning for the expansion has been in the works for months, with some employees already [...]

The environmental review process for Broome Technology Park continues to move forward. As part of this work, The Agency recently utilized drone technology to gather detailed topographical data and assess what impacts the development would have on viewsheds in the surrounding area. Looking ahead, additional studies are scheduled for 2025 as part of the State Environmental Quality Review Act (SEQRA) process. These reviews will help ensure that future development aligns with both community needs and environmental best practices. We’ll continue to provide updates as more information becomes available. Meanwhile, click here for learn more about the SEQRA process and the final scope [...]

Binghamton University professor Bahgat Sammakia writes about how the region is once again leading the way in advanced technologies. Amid all the talk of an upstate high-tech renaissance, the past can be prologue here in the Southern Tier. Once driven by institutions like IBM and Singer Link, our region has maintained its spirit of innovation even as the landscape has shifted, thanks in part to the long-standing commitment of the higher education community. The clean energy transition, for example, requires advances in battery technology pioneered by our own Nobel laureate M. Stanley Whittingham. SUNY Broome is a key partner in [...]

Stacey Duncan Special to the USA TODAY Network Walking into Maine-Endwell High School for a recent public hearing on the Broome Technology Park project was a full-circle moment for me. Growing up, my family was supported by the technology-related industries for which Binghamton was known throughout the 20th Century. My father was a mechanical engineer for Singer Link in Kirkwood – a job that, at the time, offered stability and fostered a close-knit, upwardly mobile community. I experienced first-hand the slow demise of Link and IBM and witnessed the negative ripple effect that had on our local economy. Sitting in my old high [...]