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Auburn Attracts Growth
"To the east of Rochester is Auburn, NY which is attracting growing companies thanks to its access to educational resources: productive workforce: Empire Zone incentives; and competitively priced land, buildings and residential homes. NUCOR Steel purchased the assets of an existing mini steel mill in Auburn, and attributes its continued growth to a highly productive, non-unionized workforce. ITT/Goulds expanded in Cayuga County due to the region's productive labor force and industrial authority incentives.
The City of Auburn is actively supporting a tech-led economic development effort in cooperation with Cornell University's Office of Economic Development and the Cornell Center for Technology, Enterprise, and Commercialization (CCTEC). The city can offer financing, competitively priced space and Emerging Technology Company Tax Credits.
Auburn is also on the cutting edge of implementing green and alternative energy solutions. The city has created a Municipal Power Agency to explore alternative energy projects. For example, City Hall and Cayuga Community College are heated and cooled by geothermal systems; the City of Auburn owns, operates, and generates electricity at two hydro plants along the Owasco river; methane generated from a City-owned landfill fuels a wastewater treatment plant; bio-digesters in operation on area farms are converting cow manure to methane and electricity; and the City is home to a mini steel mill that recycles tons of steel and uses old tires to fuel furnaces and as a source for carbon."
AUBURN ATTRACTS GROWTH headline of article in the April 2006 issue of Business Facilities: The Location Advisors.
www.BusinesFacilities.com
page 34
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