Business News

Crossroads Center Park and Ride Moving Forward

Many people living in Allegany County and surrounding communities may find access to State Route 86, 19 and ACCESS Allegany public transit a lot easier in the upcoming year.  The New York State Department of Transportation and the Federal Transit Administration has approved a parking facility accommodating up to thirty buses per day and maximizing […]

Schumer Helps Secure Major Deal with Ge to Position Lufkin-rmt Plant for Redevelopment; After Senator’s Urging Ge Will Donate Lufkin Facility to Allegany County

Schumer: Community Can Now Breathe New Life Into Wellsville Plant U.S. Senator Charles E. Schumer today announced that General Electric (GE) agreed to donate the Lufkin Facility to Allegany County’s Industrial Development Agency. In addition to donating the plant, Schumer secured a commitment from GE to prepare the facility for light manufacturing capabilities. Schumer said this would […]

Governor Cuomo Announces Ribbon Cutting for New $5 Million Sustainable Advanced Manufacturing Center at Alfred State

Governor Andrew M. Cuomo today announced the ribbon cutting of the new Sustainable Advanced Manufacturing Center at Alfred State College. The $5 million, 16,000-square-foot facility will help prepare welding and machine tool technology students for in-demand jobs, while learning state-of-the-art sustainable practices in advanced manufacturing. The Center is supported by the $4.5 million SUNY 2020 […]

Wellsville’s Dresser-Rand Marks 100 Years

By Brian Quinn Wellsville Daily Reporter WELLSVILLE – In 1916, it was full steam ahead for the manufacturer that eventually became Dresser-Rand. More recently, the Dresser-Rand Wellsville plant has been hit with layoffs, with Siemens Government Technologies, Inc., owner of the Wellsville plant, announcing plans to cut 60 employees by Sept. 30 of this year. “We […]

Statement Regarding Lufkin Announcement

Belmont, NY, August 2016 – I was saddened to learn that the employees of Lufkin RMT in Wellsville have been notified that the facility, a division of GE, plans to close by the end of the year. The hearts of the County Legislators go out to the employees and their families. They are our friends […]

Alfred State Bio-Refinery Project Gets Boost from State

ALFRED, N.Y. – Senator Cathy Young was at Alfred State’s School of Applied Technology in Wellsville Thursday to announce a $1 million state grant for the Bio-Refinery Commercialization Center. The funding will help establish a program to develop and commercialize a hot water process that will extract useful chemicals from various types of wood. Officials […]

European regulators approve Siemens’ $6.6 billion acquisition of Dresser-Rand

After a four-month probe, European antitrust regulators on Monday gave Siemens AG the nod to make its $6.6 billion play for Dresser-Rand, a Houston company that makes turbo compressors, turbines, valves and other components for the U.S. oil and gas industry. Siemens, which will also absorb $1.2 billion in the other company’s debt, said it […]

$23 Million Kerr-Pegula Athletic Complex Construction Complete

Houghton College announces the grand opening and dedication ceremony for the new $23 million Kerr-Pegula Athletic Complex that will take place on Saturday, October 4 during the college’s Homecoming and Family Weekend.  The dedication ceremony is free and open to the public. “We are so excited to see the Field House and phase III parts […]

Southern Tier Manufacturing Gets a $15 Million Green Light

People used to say American manufacturing is dead. Those people are awfully quiet these days. In fact, according to Business Insider, for the first time in decades, the trend of relocating manufacturing offshore is starting to reverse, and SUNY schools have been paying attention. In an effort to prepare for an influx of manufacturing jobs requiring highly-skilled […]