All posts by pedc4usr

Putnam EDC Welcomes Member Tompkins Mahopac Bank to Website

August 29, 2018

Contact: Jill M. Varricchio
845.808.1021
40 Gleneida Ave, Ste. 310, Carmel, NY 10512
JillMarie.Varricchio@putnamcountny.gov
www.putnamEDC.org

 

Carmel, NY, August 29, 2018 — “Putnam EDC Welcomes Member Tompkins Mahopac Bank”

The Putnam County Economic Development Corporation is proud to announce its newest Investor Member, Tompkins Mahopac Bank. Tompkins Mahopac Bank has served Putnam, Dutchess and Westchester counties for more than 80 years, and supports the PEDC’s mission to bring balanced economic growth to Putnam County as a part of its Synergies for Success Investor Program.

Tompkins Mahopac Bank, part of Tompkins Financial Corporation, has personalized service, local decision-making and a broad range of services for consumers and businesses. Wealth management services are provided through the offices of Tompkins Financial Advisors. Whether you prefer branch or remote mobile banking, Tompkins provides the breadth of services and local decision-making to make what’s possible a reality.

For more information on Tompkins Mahopac Bank please visit www.mahopacbank.com.

“The Putnam EDC is excited to partner with Tompkins Mahopac Bank; this is a timely investment as we continue to expand our marketing.” States Putnam EDC President Jill Varricchio.

The Putnam EDC’s Synergies for Success Investor Program supports the measurable return of member dollars. The creation of new jobs and retention of existing jobs impacts every citizen, municipality, and business in Putnam County and the Hudson Valley. Dollars spent and circulated as a result of those jobs increases spending power, thus mitigating tax rateables. As key factors in our local economy the Putnam EDC office strives to support these outcomes by target marketing developers and site selectors, while collaborating within each municipality and the broker community.

Through the support of its members, the Putnam EDC will be able to continue its on-going marketing campaign to promote balanced economic growth. In 2018 the PEDC is proud to facilitate the application of the anticipated $100 million Distillery that will bring 60-100 jobs to the Carmel location and generate additional tourism related revenue as it will become a tourist destination in the near future.

About the Putnam Economic Development Corporation

The Putnam County Economic Development Corporation acts as the primary facilitator connecting local resources with opportunities to deliver economic growth. We work to cultivate and expand existing business as well as promote commercial real estate to attract new business. We market county assets such as proximity to New York City, its Metro North transit links, its infrastructure and highly skilled work force. We advocate for development projects among municipalities and planning boards to ensure the growth of our county’s tax base. We educate and assist local nonprofits, small businesses and municipalities with incentive and grant programs from New York State, utility companies and other funding sources. We strive for balanced growth throughout the county to meet the needs of our broad audience.

Manufacturing in the United States

August 27, 2018

Everything seems to have its own day, whether it’s a national holiday or a day to celebrate a topic that’s fun to take part in. One of these days is National Manufacturing Day on the first Friday in October, and it definitely doesn’t go unnoticed. This holiday celebrates the benefits of manufacturing in the United States and what it has to offer to our economy. Last year, nearly 3,000 events took place across the country. These events consisted of manufacturers opening their doors to the public where tours were available to educate the community on the benefits of the job and 21st-century innovations in the field. This gave manufacturers the opportunity to show the community what they really do and what manufacturing is.

Benefits of keeping manufacturing in the states

U.S. based manufacturing creates millions of jobs for Americans. These jobs help stimulate the national economy and help American families thrive financially. These community rooted facilities help employ the surrounding area, bringing the community together as one. Local manufacturers are also more trusted than overseas due to being a part of the local community or friends and family being employed at the facility. This creates a strong bond for business-to-business interactions.

Another important benefit that U.S. manufacturing has to offer is that it’s economically friendly. Overseas manufacturing can be a cheaper option at times, but shipping and transportation is a good deal of the process. Not only are shipping costs rising exponentially, but the pollution caused by the process of overseas shipping is also a problem. With U.S. manufacturing, transportation cost can be cut nearly in half or even more. This ideal alternative also helps to produce less pollution from transportation vehicles traveling across the world. Benefits like shorter lead times, less miscommunication (due to language barriers), and feeling more connected can also be added to the list.

Thriving brands that manufacture in the States

Most people usually assume that most products they use are manufactured overseas. Although many companies are in fact overseas, there are still thriving brands that manufacture their products in the U.S. One of these brands is New Balance sneakers. New Balance is a household name and competes with world-leading products. This U.S. based company creates hundreds of thousands of jobs for American’s, making an economic impact in the U.S.

Another household product that keeps their manufacturing business in the U.S. is Crayola Crayons. Once again creating an enormous amount of job opportunities for Americans in the surrounding area.

When Manufacturing Day comes around, be sure to check out a local facility and appreciate the environment created along with the steps that take place to make it all happen.

Learn more about similar topics by visiting our website.

What is the EB-5 Program?

August 13, 2018

An immigrant investor program was created which set aside EB-5 vistas for participants who invest the necessary amount in commercial enterprises in the United States. EB-5 is short for the employment-based fifth preference visa that the participants receive. This is a program that was created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. A minimum amount of $1,000,000 must be invested in an American business unless the area is a targeted employment area with high unemployment rates; in this case, only $500,000 in investments is the minimum for qualifying. Additionally, there must be a plan to create at least 10 full-time positions for qualified workers.

Benefits for Both Sides of the Party

This has become an extremely popular method of gaining citizenship in the United States. Investing in real estate projects in exchange for legal documents has brought massive amounts of money into the U.S. This has blown up in New York City where Chinese investors are putting hundreds of millions of dollars into hotels, condominiums, offices and anything real estate. These investments are creating new business and expanding current ones, opening opportunity for jobs, and economic stability.

Moving Forward with the EB-5 Program

The EB-5 program has gone through some problems over the last few years with fraud documents, money laundering, improper spending of investment money, and other illegal activities. The program is under constant investigation and being watched carefully to ensure everything is done properly. Aside from any illegal concerns, this program is doing its job by driving in foreign investors to the United States. The result has helped American businesses succeed in times of struggle while providing jobs in the community. The benefit on the investor’s side is one that lets them grow their career in the U.S. and keeps their family together.

To learn more about development topics, visit us at our website.

PEDDLING THE RAILTRAILS

August 8, 2018

PEDDLING THE RAILTRAILS

Putnam County Development Corporation markets economic opportunities along former railway

FOR IMMEDIATE RELEASE:

The rail trails in Putnam County may be all fun and games to recreation enthusiasts, but they mean business to the Putnam County Economic Development Corporation and to many small enterprises along the 12-mile route and beyond. Putnam County Development Corporation President Jill Varricchio is totally onboard with the economic potential that the 12-mile stretch of paved rail trails have to offer.

“When I look at the opportunities we have on Putnam’s rail trails, I look both ways: To the north, I see Dutchess County’s Walkway Over the Hudson attracting over a million people each year, with about half of them coming from outside Dutchess and Ulster counties. Spending at local stores is up, new jobs have been created and a new county tax revenue stream has been generated.

“If I look the other way, I see the High Line linear park stretching along a deserted elevated train track along Manhattan’s West Side, which has become the second most visited cultural venue in New York City. It’s attracting $2.2 billion in new economic activity and is projected to raise tax revenues by an estimated $980 million over the next decade.

“We are somewhere in the middle—and that’s a great place to be,” she adds. “We’re promoting our accessibility to New York City to encourage people to make Putnam County a destination.

Varricchio says that factors once regarded as inhibitors to business development, such as protected lands along the reservoirs and zoning restrictions prohibiting certain kinds of development, are now stimulating economic activity. Putnam County’s pristine trails are ‟attracting the kind of economic growth people want,” she says. ‟This is about strengthening the small businesses along the trail, the backbone of our local economy.”

Here’s a tour of some of the commercial and recreational activities the rail trail is driving…

Donna Massaro, the owner of the popular Freight House Café in Mahopac, New York, converted it from a historic railroad station, but she still relies on an old-fashioned approach to promote it. Using chalk, she writes information about her café on the Putnam County rail trail pavement, starting from a quarter-mile away. Then, at the closest point, she’s rigged a clothesline to take and fulfill orders for trail riders who want to remain on the trails. “Our customers love our trails, and I love my customers,” she says. “They’re cycling, walking and roller skating in the warmer months and cross country skiing in the winter. They’re not just local residents—they’re coming from all over.”

Lukas Herbert, who operates Gotham Bike Tours located in Manhattan, recently led participants attending a conference in New York City on a restorative ride on the rail trail in Putnam, something he frequently does. The tour arrived in Village of Brewster by rail with rented bicycles then rode back on a day-long trip. “Tourists definitely spend on the trails,” he says.

Travel on these trails flows in both directions. Kevin Callahan is an avid cyclist, and he and his wife frequently bike from their home in Putnam County to New York City along trails through Westchester County. An associate broker with Covington Commercial Realty, he is also a board member of the Putnam County Visitors Bureau and a member of the Alliance for Balanced Growth, a Putnam County EDC initiative.

“Putnam County’s proximity to New York City and the fact that it is a transportation hub makes it ideally positioned to take advantage of significant economic opportunities,” he says. “We see people of all ages—joggers, runners, roller bladers, cyclists, cross-country skiers—on the trails.”

Robert Kelly, owner of Pawling Cycle and Sport on Route 22 in the Village of Pawling, is organizing the annual Tour of Putnam community bike ride scheduled for Sunday, July 9. Traversing roads as well as rail trails, “it’s a ride-at-your-own-pace event, [which will] let people see what we have to offer.”

According to a recent study by the Pennsylvania Land Trust, rail trails not only boost spending at local businesses, they also increase the value of nearby properties, make communities more attractive places to live, influence business location and relocation decisions, reduce medical costs by encouraging exercise and other healthy outdoor activities, revitalize depressed areas by creating a demand for space in what were once vacant buildings, enhance tax revenues and help cut fuel consumption.

Marcela Rojas is Manager of Public and Community Affairs at HealthQuest, a local family of nonprofit hospitals and healthcare providers in the Hudson Valley. She has worked together with Putnam County officials to promote the Get Fit Challenge (GetFitHV.com)—a six-week initiative in the fall and spring designed to get people exercising for 30 minutes a day. “We want people to get moving toward better health, and the Putnam Rail Trail is a jewel of a place to begin,” she says.

Growing From The Ground Up

August 2, 2018

ECONOMIC DEVELOPMENT IN PUTNAM COUNTY—

GROWING FROM THE GROUND UP

Meet the Makers series focuses on Eleanor’s Best, a Putnam-based agricultural business that is blossoming nationwide

FOR IMMEDIATE RELEASE: Eleanor’s Best, purveyors of artisanal jams, jellies, preserves and marmalade, is flourishing thanks to the growing appetite for quality specialty products nationwide. According to a 2015 study cited in Food Quality and Safety magazine, “Consumers are particularly committed to certain types of specialty or organic foods…70 percent of respondents…prefer all-natural products while 68 percent prefer locally produced food.”  And those numbers are rising.

Eleanor’s Best is helping to satisfy this increasing demand. As the company expands, it is also contributing to a rapidly expanding segment of economic development within Putnam County—agricultural business.

“There’s a misconception that economic development means attracting industry—big-box chains and large-scale manufacturing,” says Jill Varricchio, president of Putnam County Economic Development Corporation. “But agricultural businesses are becoming the backbone to Putnam’s continued economic growth. Our extensive network of parkland and our protected waterways—once considered a barrier to economic growth—are the very same characteristics that are attracting agricultural businesses,” she explains. “As these companies form networks, they create and sustain opportunities for a host of products and services.”

Eleanor’s Best was founded by Jennifer Mercurio, an attorney with a 20-year career in international corporate and technology law. Ms. Mercurio’s family tree reaches back generations and has yielded a number of women named Eleanor, whose many and varied accomplishments included perfecting the art of preserving fine fruits—a time-honored process that became a family tradition as well as a strictly guarded family secret. Initially, Ms. Mercurio gave jars of her handcrafted marmalade to colleagues and friends. They were so enthusiastic that she decided to try marketing her preserves under her own private label, named after her forebears.

Ms. Mercurio and her husband had Putnam County on their radar for some time before moving here from Manhattan to more than a decade ago. It seemed to offer the best of both worlds: accessibility to New York City and a rustic character with deep sense of community. They found a farm that would fulfill their dreams, in Garrison, New York. Although a former owner had allowed extensive excavations on the land, they were committed to healing it. In return, the farm gave back—nourishing both their family and their entrepreneurial spirit.

While close to New York City, Putnam is worlds away from its stresses. The move allowed the couple to continue their careers while enjoying the quality of life they had long envisioned. Over time, Ms. Mercurio’s husband shifted from being a high-powered political consultant to a rare book collector; today his business operates worldwide from their home. Meanwhile, Ms. Mercurio evolved from being an attorney to becoming an entrepreneur.

After they had their daughter—named Eleanor—Ms. Mercurio wanted to spend even more time at home. The slower pace of producing jams and jellies suited her. In fact, making jams and jellies is the antithesis of fast-food—it takes from one to three days to produce a batch.

The company’s location allowed Ms. Mercurio to buy from local sources and sell through local outlets before eventually reaching sellers nationwide. The company has grown concentrically. At first, Eleanor’s Best was available exclusively at the Country Goose in nearby Cold Spring, then in 30 stores from Westchester to Albany. Eventually, the jams, jellies and preserves spread to national outlets such as Whole Foods.

To keep up with demand, Ms. Mercurio has expanded her line of jams, jellies, preserves and marmalades from just three flavors of marmalade (bitter orange, Meyer lemon, and grapefruit) to 14 including blueberry jam, peach jam, quince jam, raspberry jam, and strawberry rhubarb jam. The company plans to increase output by building a new commercial kitchen space in a barn on the farm. Ms. Mercurio also intends to rent it out to other small farm and food creators, as well as caterers regionally to help buoy the local food system and support others with the entrepreneurial spirit.

Eleanor’s Best sources fruits that are grown locally according to organic methods—no pesticides or chemicals are used (although the ingredients are not necessarily “certified” organic, since legal certification guidelines can be cost-prohibitive), nor are there any additives, dyes or fillers. Each product is gluten free and vegan. Even the pectin is fruit-based—from farm apples, not grains—and therefore is GMO free. Her citrus fruits come from Arizona, California or Florida and are equally carefully scrutinized. Sources for other items such as labels to bottles jars and packaging also must meet high standards for authenticity and sustainability.

Still, Eleanor’s Best keeps a lid on costs in order to offer her line at mid-range prices, often lower than competing industrial brands that are mass-produced and typically include fillers. “There are only four or five ingredients in every selection, and they’re recognizable ingredients people can trust,” Ms. Mercurio says. “Everything is authentic.”

In addition to few ingredients, Eleanor’s Best employs a relatively few number of people in the production process. A handful of others fill orders coming in from gourmet specialty shops and larger chain stores across 45 states. Eleanor’s Best direct ships wholesale orders and also works with distributors filling the farm to table niche.

And they have diversified. Today Mercurio Farms produces eggs from free range, organically fed “happy hen” chickens; raw wildflower honey; beeswax hand and lip salves; pure Grade A maple syrup tapped from trees their own trees and boiled down in their farm sugar shack, as well as vegetables, herbs, flowers and orchard fruits.

Mercurio Farms composts and recycles as much as possible. Manure is used to nourish planting beds throughout the farm. Their bees, which produce honey and beeswax, also pollenate everything growing on the farm. The flock of Jacob sheep that graze the land not only provide wool that is spun locally, but also inexpensive lawn mowing and fertilizer. Ms. Mercurio finds time to knit and crochet the wool into items for the family. Next year, they hope to bring in pigs, and they are researching their options for making the farm go solar.

 

According to Ms. Varricchio, agriculture in Putnam County is a diverse, multimillion dollar industry and a crucial land use that strengthens the local food supply, economic vitality, quality of life, community character, picturesque landscape, environment, and recreational opportunities. “Right now, there are approximately 11,309 farmland acres in Putnam County with farm sizes ranging from 1.25 acres to 1,200 acres,” she says, noting that their activities range from equine and livestock operations to greenhouses; nurseries; orchards; and maple syrup, hay and corn production. “As residents seek relief from the state and local tax burdens while maintaining the quality of life they enjoy in Putnam, contributions to the local economy from agriculture businesses are figuring ever more strongly in the picture,” she explains.

Ms. Varricchio recently developed the “Meet the Makers” series to highlight Putnam County’s distinctive assets and how they are creating unique development opportunities.

PR Koreans Overview July 25 2018

July 27, 2018

Contact: Jill M. Varricchio
845.808.1021
40 Gleneida Ave, Ste. 310, Carmel, NY 10512
JillMarie.Varricchio@putnamcountny.gov
www.putnamEDC.org

 

Traveling to the Hudson Valley NY under an internationalization program, co-sponsored by the National and Local governments of South Korea,  The Vice Mayor of Mungyeong City, Mr. Ki-Sup Kwon, who also is  a Syracuse University Maxwell Administrative Graduate ( Class of 1997) targeted and lead his team July 16th to Putnam County NY.  Mr. Kwon was well aware of Putnam County NY from his years working in Manhattan.  This initiative to establish a sister relationship with Putnam County supports South Korean government’s interest in expanding west in developing overseas relationships

Enjoying a private luncheon sponsored by the PEDC, held at Tilly Farm restaurant, President Jill Varricchio introduced the Putnam County Government representative, County Clerk, Mike Bartolotti, & four Putnam County’s 9 county legislators. They were from Districts 1,2,3 and 5, specifically, Barb Scuccimarra, William Gouldman, Toni Addonizio, and Carl Albano. Also in attendance representing Putnam County were two residents, Linda Purcell from Putnam Valley and consultant Juan Carlos Salcedo, JIREH Resources, site of the anticipated “International Accelerator” at 3691 Route 9, Cold Spring NY. They also were able to tour Carmel based government center and met with county execute staff to exchange gifts.

Why Putnam? Putnam County is most similar in its demographic, its proximity to major cities, the topography, business, and tourism attributes to the city of Mungyeong City, with a population of 80,000 and centrally located in the middle of South Korean.   Like Putnam County, they are less than two hours to a major city, Seoul. Their city also resembles Putnam County, known for its parks, recreational beauty and easy access via rail and roadways. Festivals, their Rail trails, and first ‘zip line’ in Asia are but a few of the popular Tourist attractions in this ‘city’ . Their South Korean festivals resemble Putnam’s wine and Chocolate, Craft Beer and Hard cider; they include traditional South Korean tea-bowl festival, an Apple festive and the the Omija or magnolia berry punch . Additionally, since half the South Korean population is spiritually guided in Buddhism, this City is fortunate to house the 1000 year old  Korean Buddhism’s ‘healing and peace through mediation” center. This World Meditation Village Temple, nestled behind Heeyang Mountains, has its main building of 65,033 Square Feet redesigned within an eco-friendly architecture. Increase attendance is anticipated.

In continuing the Putnam County NY hospitality, before departing for home, Legislator Barbara Scuccimarra, graciously made herself available to join them for their meeting at the Retreat Center at the Garrison Institute.  Here they shared similar goals and vision as the Garrison Institute is founded on the belief that action in the world is more compassionate and more effective when infused with the wisdom and skill cultivated in contemplative practices. https://www.garrisoninstitute.org/about-us/our-purpose-2/  

PEDC President remarked that  “ their  timing is perfect as PEDC has a target to Identify  appropriate successful international candidates for  Putnam County Business Accelerator by year end that will be located in West Putnam County just minutes from the Metro North and Route 84.”

 

Reminder: The mission of the PEDC acts as the primary facilitator connecting local resources with opportunities to deliver economic growth. We work to cultivate and expand existing businesses and to promote commercial real estate in order to attract new business. We market county assets such as proximity to NYC, our Metro-North transit links, our infrastructure and highly skilled work force. We advocate for development projects among municipalities and planning boards to ensure the growth of our county’s tax base. We educate and assist local nonprofits, small businesses and municipalities with incentive and grant programs from NYS, from utility companies and from other funding sources. We strive for balanced growth throughout the county to meet the needs of our broad audience.

What we learned from the Amazon RFP?

July 20, 2018

For those following the storyline, a couple of months after Amazon began its HQ2 location visits, the top 20 considerations have now been whittled to 10 cities across North America, including Toronto. As the closed door deliberations continue, we at the PEDC have paused to review just how a big search from a mega company might shed light on today’s site selection process.

According to their website, Amazon’s destination criteria include:

  1. Metropolitan areas with more than 1 million people;
  2. A stable, business-friendly environment;
  3. Urban or suburban locations with the potential to attract and retain strong technical talent; and
  4. Communities that think big and creatively when considering locations and real estate options

According to the Commercial Real Estate Insights Report by the CCIM Institute and Culverhouse College of Commerce, Amazon’s site selection criteria came down to one driving factor, namely Workforce availability. While traditional factors such as incentives and available real estate are still important, Amazon is chasing the population that most uses its services as these locations also produce a skilled workforce. Amazon, like other expanding companies, discovered that the majority of their business customers are located within the epicenter of the supply chain, aka the “Golden Triangle”, which is east of the Rocky Mountains.

When it comes to workforce, if a company can increase its labor productivity, then occupancy costs can be mitigated. Without a skilled workforce all relocation and expansion efforts fail. With 1.4 million business customers located East of the Rocky Mountains, it is most likely that one of these cities will be chosen for HQ2 including, CA, NYS, TX, IL, FL, MA, NJ, PA, and WA. The initial cut from 53 location opportunities to 20 was made when it was discovered that those 20 locations have or are in proximity to primary education institutions capable of providing the thousands of new skilled workers Amazon will need to hire annually.

Technology, E-commerce, and logistic companies similar to Amazon are disrupting retail and the financial business models. No longer do we look to retail shopping center development to add employment and put revenue in municipal coffers from sales taxes. Amazon’s HQ2 development has publicly highlighted the site selection process, giving EDCs a chance to review the process from the other side and consider what their presentation might be missing. Along with Amazon’s destination criteria their idea of a perfect location stemmed from the following 4 guiding principles:

  1. Customer obsession rather than competitor focus;
  2. Passion for invention;
  3. Commitment to operational excellence; and
  4. Long-term thinking

According to the CCIM Institute and Culverhouse College of Commerce, Amazon’s HQ2 search process is pioneering a more transparent process for corporate expansions that will be emulated by other expanding and transformative companies”. With a move away from traditional retail development to technological, e-commerce and logistics focused companies EDCs across the country will be pressed to update their marketing efforts on behalf of their towns, cities, and counties especially to satisfy companies that will bring in revenue, resources, and jobs like Amazon.

Amazon predicts that the development of HQ2 will invest over $5 billion in construction, and will bring over 50,000 jobs to its new home. For every 1 Amazon job there will be 8 non-Amazon jobs created (restaurants, hotels, transports, etc.).

Interested in the site selection process and how the Putnam EDC markets a unique destination such as Putnam County? Contact us at 845.808.1021, so that we can discuss how Putnam works for you!

What is the New York State Department Of Transport?

June 26, 2018

The New York State Department of Transport (NYS DOT) has been dedicating many years to servicing New York State with affordable, punctual, and safe transportation for its citizens. Transportation systems are an important part of economic growth, and NYS DOT understands that. Their mission is to provide their customers with reliable transportation and bolster the economy tough infrastructure, while trying to mitigate environmental impact.

How did NYS DOT begin?

The New York State Department of Transport has a rich history, and is the oldest line function in the New York State government! NYS DOT hasn’t always had that name, however, and has gone through several iterations over 150 years. After the Revolutionary War in 1777, the Office of Surveyor-General was reorganized from the colonial era and had started surveying lands that had to be vested during the Revolutionary War. The Surveyor-General was succeeded by the Office of State Engineering in 1846, and then became The Department of Public Works in 1878. The Department of Public Works oversaw the canals that were being built all around New York – including the D&H Canal.

In 1907, the Public Service Commission took responsibility for economic and safety  regulations of privately operated transportation. This included inspecting railroads and buses for safety regulations, they also approved the installation of protections for the elimination of at-grate rail-highway crossings.

In 1909, the New York State Department of Highways was established. 14 years later, the Department of Public Works unified with it and oversaw highways, canals, and public buildings.

In 1967 the New York State Department of Transportation was formed. Not only did they oversee all responsibilities of the Department of Public Works (albeit public buildings) but they also had to deal with the state’s complex transportation system, as well as an ever-increasing need to coordinate the development of transportation.

What does NYS DOT do today?

Currently, New York State’s transportation system includes:

  • Both state and local highways that see over 130 billion vehicle miles annually, this total system has more than 113,000 highways miles and over 17,400 bridges
  • A rail network that’s over 3,500 miles which transports 68 million tons of equipment, manufactured goods, raw materials, products, and people travel each year
  • 485 public and private hangars and airports through which over 80 million people travel through each year
  • 130 public transit operators that serve over 80 million passengers daily
  • 12 major public and private ports

All of these networks of transportation are overseen by NYS DOT to make sure they’re running safely and efficiently. NYS DOT helps coordinate and develop the comprehensive transport policy for the state, and assists in the development of these means of transportation as well. They also administer a public safety program for railroads and motor carriers engaged in intrastate commerce. Besides that, they also help provide oversight in the safe operation of bus lines, commuter railroads and subway systems – which are subsidized through the Public Transportation Safety Board. If you’d like to learn more about NYS DOT and what they do visit their webpage at https://www.dot.ny.gov/index.

PCEDC President Jill Varricchio Receives Trailblazer Award

June 21, 2018

Carmel, NY- Jill Varricchio, President of Putnam County Economic Development Corporation, was recently one of the recipients of the “Women in Leadership” 2018 Trailblazer Award. This prestigious award is given to those who are the finest in the business and nonprofit community. The award was presented by the Putnam County Chamber of Commerce at their Trailblazers event hosted at the Villa Barone in Mahopac, NY.

Jill Varricchio has overseen the Putnam County Economic Development Corporation (PCEDC) for the past three years, and the Corporation has seen positive growth under her lead. Beyond her work with PCEDC, Varricchio spent many years as the Chair of the Administrative Board for the Newburgh Empire Zone and Chairperson of the Orange County Chamber of Commerce. She has been, for the past twenty years, a small business owner and president of a Promotional Merchandise company and partner in direct mailing services located in the Hudson Valley.

Since graduating with both a Master’s in Counseling from Springfield College and from Northeastern University with a Bachelor of Arts in Research Psychology, Varricchio has shown her dedication in leveraging her business acumen, experience and development skills with the goals and mission of the Putnam County Economic Development. She also attributes her leadership to her graduating from the Leadership Program of the Orange County Leadership Program Corporation. She has been in the Hudson Valley proudly serving both Orange and Putnam County for over thirty years.

Putnam County Economic Development Corporation (PCEDC) acts as the primary facilitator that connects local resources with business opportunities, creating economic growth. They work to cultivate and expand existing business, as well as promote commercial real estate to attract new business.

 

For additional information about Putnam County Economic Development Corporation, business opportunities, or the 2018 Trailblazer Award, contact the PEDC at 845.808.1021 or visit their website at www.putnamedc.org.

Putnam County Tourism: Facts and Figures

June 14, 2018

Known for its “Quality of Life” appeal, Putnam County Tourism has more to offer than just picturesque hiking trails and delicious restaurant options by the lake. Supporting over one thousand tourism-related jobs, and saving each Putnam County household an average of $214 a year in taxes, Putnam is not only a great destination to visit or live, but a fantastic location for the Tourism industry to develop.

(Source: Putnam County Visitor’s Bureau)

Spotlight on Putnam Business: Fahnestock State Park

Clarence Fahnestock Memorial State Park, also known as Fahnestock State Park, is a 14,337 acre state park located in Cold Spring, NY. The park has hiking trails, a beach on Canopus Lake, and fishing on four ponds and two lakes. In addition to its outdoor recreational activities, Fahnestock is home to the Taconic Outdoor Education Center which brings in tourists with year-round day and overnight educational, business and team building programs within Highland Lodge.

Fahnestock’s Hubbard Lodge will host the Putnam EDC’s upcoming “Meet Our Directors” cocktail hour on Monday, June 25th from 6-8 pm.  This event brings together those who are currently doing business in Putnam County, or are interested in doing so in an effort to get to know the PEDC, its Board of Directors, and how the PEDC can work for their business. This is a free event with local food and drink options available for guests to sample with a bonus raffle at the end of the night! Bring plenty of business cards and get ready to make some new connections.

For those interested in attending please call the Putnam EDC today at 845.808.1021!