BUSINESS
& INDUSTRY | Progressing Climates
A
Growing Economy with Strong Business Leaders
One
of the country's most inspiring business success stories is still unfolding
in Hornell. It began in 1850 when the Erie Railroad came to Hornell,
turning it into an active hub on the route between New York City and
Chicago. Trains moved through the city, carrying passengers and freight,
around the clock. Hornell was the home of repair shops, car shops and
administrative offices for the railroad. At the height of this era,
nearly 5,000 railroad workers were part of Hornell's work force. But
by 1976, with the downturn in rail usage, Hornell lost much of this
business.
The
decision of the City of Hornell Industrial Development Agency (CHIDA)
to purchase the former Conrail buildings, and then upgrade, enlarge
them and add buildings, helped attract new rail-related businesses to
the city.
Currently
Alstom, a 100-year-old European company based in France, has located
and leased the facilities. Having served the rail system in Europe,
the company knew well the business of transit car construction and refurbishing.
Looking for a site for its United States production and marketing, Alstom
chose Hornell. CHIDA Agency put together an attractive incentive package
to help close the deal. Today Alstom is one of the largest employers
in the area. Currently CHIDA and the City are renovating the Erie Depot
to make it the new home for Alstom's management offices. The city assisted
in finding more than $1.7 million in grants for this project and CHIDA
contributed $650,000.
Other
major employers include A.L. Blades & Sons Inc. (construction), Alfred
University and Alfred State College in Alfred, the Hornell City School
District, the New York State Department of Transportation, St. James
Mercy Health, Stern & Stern Industries, Inc. (synthetic textiles manufacturing),
T.T.A. Systems LLC. (transit manufacturing), Steuben Tile (ceramic tile
manufacturing), and The Gunlocke Company in Wayland (furniture manufacturing).
To
attract other industries, CHIDA owns and offers properties in the Ellis
Industrial Park, the Shawmut Industrial Park and the South Yards Industrial
Park, covering a total of 210 acres. Utilities, sewer and water are
already available at these sites, which serve a population of more than
110,000 within a 25-mile radius. Tax and financing incentives make relocating
even more attractive. CHIDA's efforts have resulted in $170 million
in projects and more than 2,400 new jobs. This agency plugs into a variety
of state, local and federal programs for capital, training and consulting
needs. Working closely with business owners, the agency helps them address
all aspects of relocation or new construction -a true One Stop Shop.
Another
excellent incentive is the On-the-Job Training Program, designed to
help businesses train new employees at reduced costs. While employees
are receiving training, the employer is reimbursed up to 50 percent
of the person's wages for a designated period of time through the Chemung,
Schuyler, Steuben Work force Development Board. This is one of the Chamber
of Commerce's most attractive programs.
Hornell's
Economic Development Loan Program (EDLP) provides funds for local business
development at a low interest rate. Funds are provided on a matching
basis with the applying business shouldering one-half of the cost. Building
renovation work is one component of this program.
Hornell
Partners for Growth (HPG) was established in 1997 as a Business Improvement
District. Business Improvement Districts (BIDs) throughout the United
States are primarily viewed as a new mechanism for leadership and management
for special events, consumer marketing, decorative plantings, business
retention and recruitment. Bids such as Hornell's are known for consumer
marketing, festivals, special events, decorative plantings, leadership,
business retention and recruitment. HPG represents a concerted effort
by local business leaders to change perceptions of the downtown as a
whole -to surmount the limits of public resources; to respond to competition
with well-funded, professional, private sector organization; and to
view HPG as management, rather than service-delivery Ñ which is the
appropriate lens through which to view this organization. HPG advocates
for business-friendly policies so consumers will support their local
business community.
With
all this to propel them forward, the City, the Chamber, IDA and HPG
will continue to exercise a vital leadership role in our business community,
which itself is always striving to improve the business climate in Hornell.
Recently
the City was designated as an Empire Zone by the State of New York.
This is one of the most exciting economic development programs in the
United States, and Hornell is grateful for this element in its package
of benefits for recruiting new businesses. Qualifying businesses can
receive total tax exemption for 10 years.
Support
from the local financial institutions - including Steuben Trust Company,
Maple City Savings Bank, First State Bank, Bath National Bank, Community
Bank, Hornell Erie Federal Credit Union, and Steuben Educators Federal
Credit Union -helps families and businesses thrive in Hornell. A healthy
economy, an available work force and a variety of available properties
are the other elements of this equation for success. Offering the friendliness
of a small city with the attractiveness of an active business community,
Hornell merits more than one look as a headquarters or satellite location.