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To the People:
Montreign Resort Casino. Veria Wellness Center. Aerospace Materials Division. Fish & Bicycle. The Western Hotel. They are multi-million-dollar development projects, small startups, and expansions. Each one shares something in common: A belief that to INVEST in a community brings jobs and improves the economy.
Like no other year in the recent past, the Partnership for Economic Development, now in its 22nd year is strong and responsive to market demands. With renewed vigor our staff and board of directors continues to INVEST a whole lot of ourselves in our daily operations and our mission simply because we all work and live here, and want this place we call home to grow, prosper, and succeed.
Since our last report, The Montreign Resort Destination Casino and the Veria Wellness Center are rising above the horizon marked by the rapid development timetable committed to by their respective developers. Alongside our economic development partners, we applauded these two projects this summer at our Sullivan United mid-summer networking mixer where approximately 200 attendees had a look at the construction progress at the Veria site.
The Partnership coordinating a groundbreaking for our newest light industry manufacturer, Aerospace Materials Division, a subsidiary of Metallized Carbon Corporation. We’re thrilled to welcome this new business here particularly after having competed with over 50 other northeast sites. This project breathes new life into our small, but burgeoning specialty manufacturing sector with the promise of nearly 100 new jobs in a new 65,000 square foot facility in the future. The company has begun construction of its pilot plant that will hire 10-15 employees to produce critical components for the aerospace, mining, and food processing industries. These jobs will pay well more than average wages for Sullivan County.
Our commitment to small business, particularly in our more rural areas continues, with projects like the Western Hotel in Callicoon and Fish & Bicycle in Narrowsburg were approved for financing through our Incubator without Walls Revolving Loan Program. Projects funded last year have lived up to their promise with the complete renovation of Salt & Pepper in Monticello, the expansion/relocation of Liberty Collision in Liberty and the growth and success of the Pickled Owl in Hurleyville.
On the heels of this continued attraction and expansion, we are doubling down on training and information exchange as evidenced by our 3rd Annual SEQRA Conference, now an educational mainstay to help guide developers through local and state government environmental impact and review process for new development.
We continue to link workforce and economic development needs by partnering with the Center for Workforce Development, and the Catskills Workforce Alliance partners. Together, we initiated a long overdue labor shed analysis that will effectively address the needs of the hospitality sector, as well as the needs of existing businesses looking for assistance with how our workforce will evolve moving forward.
Economic Development indicators continue to underscore investment in Sullivan County as unemployment remains a full percentage point lower than last year at 4.2%. And as of mid-summer our sales tax collections are up over $700,000 year to year, on the way to approach and maybe even surpass over $1 million year to year; all of this and we a just at the beginning stages of our economic resurgence.
Our work and continued growth has long been supported by our membership and as always, they have once again delivered. Our IDA and County contracts remain strong as does our close relationship with the Chamber and Visitors Association remains through our Sullivan United efforts. We all continue to work together to make Sullivan County a great place to live and do business and the work is certainly starting to bear fruit. We are looking forward to another exciting Annual meeting on October 6, 5:30 at the Ramada in Rock Hill, where we will introduce our new directors, officers, and chairperson and review our economic development priorities in the coming year. I hope you can join us.
President, Sullivan County Partnership for Economic Development