{"id":32705,"date":"2020-01-16T09:43:15","date_gmt":"2020-01-16T14:43:15","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=32705"},"modified":"2020-01-17T09:26:02","modified_gmt":"2020-01-17T14:26:02","slug":"economical-outlook-2020-ed-bartholomew","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/01\/economical-outlook-2020-ed-bartholomew\/","title":{"rendered":"Economical Outlook 2020: Ed Bartholomew"},"content":{"rendered":"
\"\"
Ed Bartholomew, president and CEO, EDC Warren County.
Courtesy EDC Warren County<\/figcaption><\/figure>\n

By Ed Bartholomew
\nEDC Warren County is a private, nonprofit organization governed by an independent board of directors. The corporation\u2019s mission is to improve the quality of life of the county\u2019s residents by helping businesses and industry grow and prosper.
\nEDC holds an annually executed contract for services with Warren County to perform economic development services including but not limited to the following:
\n\u2022 Support existing companies through technical and regulatory assistance and act as a liaison between business and government.
\n\u2022 Market county and regional assets to prospective investors, employers and site selectors.
\n\u2022 Coordinate incentive and assistance programs that include interaction with local and state agencies.
\n\u2022 Assist and advocate on behalf of Warren County businesses and municipalities to recruit funding and grant opportunities that are available from sources such as federal government, state Consolidated Funding Application and state agencies, private investment sources and not for profit organizations, public utilities.
\n\u2022 Offer site selection and\/or available space and buildings assistance for new incoming prospective businesses as well as existing companies seeking to expand and grow.
\n\u2022 Assist county and its municipalities with planning for future growth, infrastructure needs current and future, supporting and participating in workforce development initiatives and organizations.
\nEDC\u2019s focus for the coming year include:
\n\u2022 Infrastructure development and capacity enhancement.
\n\u2022 Broadband\/cell coverage expansion and capacity.
\n\u2022 Targeted industry support.
\n\u2022 Business retention and expansion.
\n\u2022 Continued recruitment\/advocacy for state and federal funding for key projects.
\n\u2022 Workforce development with emphasis on business services.
\nEDC has been a leader in efforts to revitalize Warren County\u2019s urban centers and rural hamlets through a variety of programs available through state and federal sources. In Glens Falls, EDC helped to obtain a $10 million award through Governor Cuomo\u2019s Downtown Revitalization Initiative (DRI) in 2016 which has generated new investment and activity in addition to addressing an approved list of improvements and upgrades to defined areas within the city.
\nEDC helped Glens Falls access Restore New York program funding through Empire State Development (ESD) for several key restoration projects that have helped to attract new business and residents to the downtown area. Over the past decade, EDC has conservatively estimated new public and private combined investments totaling over $200 million in the downtown Glens Falls area.
\nLast year, EDC was able to assist in the recruitment of two new federal Opportunity Zones within the county to offer targeted investment to distressed areas.
\nEDC identifies and strives to maximize major employment sectors in the county including professional services, manufacturing, finance and banking, health care, hospitality and destination tourism to list just a few. Warren County enjoys a high level of sports and recreation venues and activities.
\nA recent state study indicates that Warren County accounts for over $628 million of the roughly $1.5 billion of visitor spending generated annually in the Adirondack region.
\nEDC\u2019s extensive outreach and connection to local business has helped to spark new investment from several entities within the county. Some recent projects and expansions over recent years includes:
\n\u2022 Etain Health, a new facility manufacturing state-approved medical marijuana products in Chestertown.
\n\u2022 Bonacio\/Galesi\u2019s mixed-use development at 14 Hudson Ave. in Glens Falls.
\n\u2022 Flomatic Valve plant expansion in Pruyns Island Business Park, Glens Falls.
\n\u2022 Finch Paper\u2019s plant and equipment modernization and upgrades in Glens Falls.
\n\u2022 AngioDynamics plant restructuring and upgrades in Queensbury.
\n\u2022 Medline\u2019s plant restructuring and upgrades in Glens Falls.
\n\u2022 Martha\u2019s Ice Cream\u2019s facility expansion, and new equipment for expanded line of products in Lake George.
\n\u2022 Nettle Meadows Cheese expanded facilities and equipment in Thurman and Lake Luzerne.
\n\u2022 JUST Water\u2019s additional space in Queensbury for increase demand in products shipped nationally and internationally.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Ed Bartholomew EDC Warren County is a private, nonprofit organization governed by an independent board of directors. The corporation\u2019s mission is to improve the quality of life of the county\u2019s residents by helping businesses and industry grow and prosper. EDC holds an annually executed contract for services with Warren County to perform economic development […]<\/p>\n","protected":false},"author":196,"featured_media":32706,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145],"tags":[],"yoast_head":"\r\nEconomical Outlook 2020: Ed Bartholomew - Glens Falls Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/01\/economical-outlook-2020-ed-bartholomew\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Economical Outlook 2020: Ed Bartholomew - Glens Falls Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"By Ed Bartholomew EDC Warren County is a private, nonprofit organization governed by an independent board of directors. 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