Feldmeier Equipment, Inc. will receive $2,500,000 to expand its existing Riverside location adding 89,250 square feet of production space which includes 5,250 square feet of high bay space. The project also includes the purchase of automated equipment.

by Dave Warner

Local businesses, as well as the City of Little Falls, were recipients of 2019 Regional Economic Development Council grants. NYSCA Regional Economic Development Council (REDC) Initiative funding is available for projects designed to enhance and transform the cultural and economic vitality of New York State communities through the arts and culture, addressing REDC initiative priorities including placemaking and workforce development.

The City of Little Falls will receive $30,000 to conduct a community-wide trunk sewer investigation and complete an engineering report that provides recommendations for priority sewer rehabilitation projects that will reduce pollution to the Mohawk River.

Feldmeier Equipment, Inc. will receive $2,500,000 to expand its existing Riverside location adding 89,250 square feet of production space which includes 5,250 square feet of high bay space. The project also includes the purchase of automated equipment.

Colby Clark, Operations Manager for Feldmeier stated, “We’re going to sit down and evaluate all of the options that we have and we’re going to come up with a plan of when we’re going to begin design and construction. It’s all going to get us ready for the next stage of expansion that Feldmeier has planned. We’re really excited that we received this award.”

Rock City Development will receive $60,000 to help renovate part of the first and fourth floors of the building known as the Stone Mill. The first floor will have a co-working office and retail spaces. The fourth floor will include the expansion of an existing tenant’s space, additional co-working space, artist studios and a community room with food service.

According to Neil Rosenbaum with Rock City Development, “We are very thankful to the state, the local regional economic development council led by Mike Reese and our local leaders who supported us during the application process.  This grant makes the continued development of the Stone Mill possible.”

State Senator James L. Seward said, “The Regional Economic Development Council approach is one I have supported since its inception because it ensures projects with local backing will receive the extra boost they need to succeed,” said Senator Seward. “The award-winning projects in the 51st Senate District are extremely diverse and will pay long-term dividends when it comes to job creation, quality of life, environmental protection, and new opportunities for growth.”

“I was extremely pleased to offer my support throughout the grant application process and congratulate the many award winners from the 51st Senate District. Local leaders in business, education, economic development, and government collaborate year-round to advance the best projects and the number of winners is a testament to their hard work,” Seward added.

A total of $761 million is being awarded for economic development projects in ten different regions of New York State. Senator Seward represents portions of the Central New York, Mid-Hudson, Mohawk Valley, and Southern Tier regions. Central New York, Mohawk Valley, and Southern Tier regions were named REDC “top performers” and received higher awards.

“Programs like the Regional Economic Development Council grants have helped transform how we deliver state funding and generate economic growth. Jobs have been created and new projects continue to come online every day thanks to REDC investments,” Senator Seward concluded.

A complete list of grant awardees can be found at https://www.ny.gov/sites/ny.gov/files/atoms/files/2019REDCA2f79hkFinal.pdf