SCHROEPPEL, N.Y. — U.S. Senate Majority Leader Chuck Schumer (D–N.Y.) wants to secure $2.5 million in federal funding to expand the L. Michael Treadwell Oswego County Industrial Park (OCIP). Schumer visited the site on Tuesday to announce his pursuit of the funding, which would come through the Economic Development Administration (EDA). The money would “fast-track” […]
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SCHROEPPEL, N.Y. — U.S. Senate Majority Leader Chuck Schumer (D–N.Y.) wants to secure $2.5 million in federal funding to expand the L. Michael Treadwell Oswego County Industrial Park (OCIP).
Schumer visited the site on Tuesday to announce his pursuit of the funding, which would come through the Economic Development Administration (EDA).
The money would “fast-track” the development of the site, Schumer’s office said in its announcement. Development would involve building the new infrastructure needed to land new companies to support the growth of the semiconductor industry and the good-paying jobs that come along with that investment.
The site is less than 10 miles from the future home of Micron Technology, Inc. (NASDAQ: MU) in the White Pine Commerce Park along Route 31 in the town of Clay.
Schumer said this long-planned expansion would more than double the size of the park, using land that’s already been acquired. He called the potential expansion “critical” as the Oswego County Industrial Park is nearly out of usable space, just as investment opportunities increase for the region.
“With Micron coming and New York’s semiconductor superhighway revving up, the time to invest is now to ensure Oswego County and Central New York land the dynamic supply chain companies and good-paying jobs building America’s future. We have a once-in-a-generation opportunity, and with the Oswego County Industrial Park less than 10 miles from the future home of Micron’s massive $100 billion mega-fab, this area is primed to be at the forefront of those efforts to build out America’s semiconductor supply chain right here in Upstate New York,” Schumer said in the announcement. “That is why I am pushing the EDA to deliver the millions needed to fast-track this expansion and get the site 100% shovel-ready for companies to move in and set up shop. Oswego County, like so much of Upstate NY, is a community that was the beating heart of America’s industrial past, and investments like this can help tap this region’s amazing assets to ensure they are the ones building America’s industrial future, too.”
His office said Schumer personally wrote to Secretary of Commerce Gina Raimondo in support of the $2.5 million federal investment to help the County of Oswego Industrial Development Agency (COIDA) fund the development of these new, shovel-ready manufacturing sites.
The funding through the EDA’s Public Works and Economic Adjustment Assistance (PWEAA) Program would support the construction of new public roads, sewer lines, water lines, pump stations, storm water management controls, and other critical preparations of the 185-acre expansion that is being planned on the site.