Business News

Allegany County Young Professionals Group to Host Mentor Mixer on September 20

BELMONT – Local young professionals are invited to join the Allegany County Young Professionals Group at their premier Mentor Mixer event of the fall on Thursday, September 20, at 6 p.m. at the Wellsville Country Club. This event offers young professionals an opportunity to network with established professionals and leaders in business, industry, and government, […]

ACCORD Offers Entrepreneur Training Course

BELMONT – On August 21, World Entrepreneurs’ Day, Allegany County celebrates the varied body of entrepreneurs that have established their businesses and their homes in Allegany County, and invites aspiring entrepreneurs to join their ranks by participating in a 10-week Entrepreneur Training Class, offered by ACCORD. Offered twice a year for $150 registration fee by […]

Economic Development Moving Forward at Crossroads

BELMONT –Economic development efforts continue to progress at the Crossroads of I-86 and Rt. 19 in Belmont –the Gateway to the three colleges, businesses, industries, and tourism in Allegany County. Talks continue to determine ways to assure that the final planning can take place for the proposed development that includes; construction, and operation of an […]

Schumer and Gillibrand: Alfred State College Gets $1.5 Million

See the article here: April 12, 2018 ALLEGANY COUNTY, NY – U.S. Senate Minority Leader Charles E. Schumer and U.S. Senator Kirsten Gillibrand have announced $1.5 million in federal funding to Alfred State College. The senators say that the funding was allocated through the Economic Development Administration (EDA) for the Biorefinery Development and Commercialization Center […]

U.S. Department of Commerce Invests $1.5 Million to Boost the Commercialization of Wood Products in New York

See the article here: Contact: EDA Public Affairs Department, (202) 482-4085 April 11, 2018 WASHINGTON – U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the Research Foundation for The State University of New York, Alfred State College, Alfred, New York, […]

Southern Tier West Announces Availability of Grant Funding

Salamanca, NY – Southern Tier West Regional Planning and Development Board has announced a schedule of general information sessions about the process to apply for grant funding through Appalachian Regional Commission’s Area Development Program. The sessions are free and do not require registration. The information will relate for potential applicants who are seeking funding for […]


By Mark Goshgarian  |  February 21, 2018 @7:48 PM Spectrum News link WELLSVILLE, N.Y. — After 135 years in Wellsville, Dresser-Rand, makers of steam turbines, will close its doors and take about 250 jobs with it. Siemens, which still owns the commercial business, announced Tuesday it sold Dresser’s government work to Curtiss-Wright, and will relocate to North […]

Public Invited to the ACIDA Crossroads Development Master Plan Presentation

  The Allegany County Industrial Development Agency (ACIDA) will host a presentation January 27, 2018 at 2 p.m. at the Cross Roads Center in Belmont regarding the overall plan for the Crossroads Development at the exit off Interstate 86. The purpose of the meeting is to have local public officials, businesses and residents to review […]

Governor Supports Alfred State Project with $6.6 Million

  ALFRED, NY, January 2018 – New York Gov. Andrew Cuomo has included $6.6 million in his proposed budget for an initiative to attract more investment and prosperity for the state’s Southern Tier. Alfred State College (ASC) is leading the effort for this new Biorefinery Development and Commercialization Center (BDCC) for a sustainable solution to […]

Allegany County IDA fills the GE Lufkin Manufacturing Facility with Local Manufacturer

The Allegany County Industrial Development Agency (ACIDA) recently acquired ownership of the GE Lufkin facility on December 29, 2017. The ACIDA has also been successful in filling the manufacturing facility with PM Research who signed a long-term agreement to expand their operations in the manufacturing facility on January 8, 2018. PM Research has been headquartered […]