Business News


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 […]

ACYPG plans Autumn Affair at the Wellsville Creative Arts Center

Looking to connect with other professionals in Allegany County? Come join the Allegany County Young Professionals Group at the Wellsville Creative Arts Center on Thursday, October 26th at 6:00pm for an evening of great food, networking, and fun! “We had a successful kick-off event in April, but decided to take the Summer off due to […]

Allegany County Announces Construction of Park and Ride

Allegany County is pleased to announce plans to construct a Park-and-Ride facility at the Crossroads Commerce & Conference Center (Crossroads Center) located at 6087 NYS Route 19N in the Town of Angelica, New York. The Crossroads Center is owned by the Allegany Industrial Development Agency (IDA). The Allegany IDA has also generously provided the land […]

Allegany County Crossroads Development Deal Signed

The Allegany County Industrial Development Agency (ACIDA) has executed a contract to build Crossroads Development, a multi-million-dollar project that will serve Allegany County colleges, businesses, and visitors along Interstate 86 at the Belmont exit. Rochester-based Hemisphere Management LLC and Novat Corp. LLC signed a contract for development, construction, and operation of a nationally branded upscale […]

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 […]