Economic development projects approved by ESD in 1999 will help create more than 2,300 new jobs and retain more than 2,200 jobs in the Finger Lakes region. The project is expected to create 367 new jobs. The expansion creates 30 new jobs and retains 65 existing jobs. The investment creates 90 new jobs and retains 180 jobs. The Major Projects Report was conducted using a cost-benefit model developed specifically for ESD by PolicySource, Inc., which specializes in regional modeling and cost benefit analysis for public agencies and private corporations.
Anticipated impacts are for the seven year period following project initiation.