Upstate, New York, closings, layoffs, and general economic news (Buffalo: credit, loans)
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Mike Hagan, Cheribundi’s chief executive officer, said over the past several years the company has identified significant supply chain inefficiencies and expenses that justified a change from self-manufacturing to contracting.
"supply chain"? The cherry farms are mere minutes away, and a major interstate is right up the road, mere minutes away.
Meanwhile, Oceana, the company in tiny Shelby, MI, is 45 minutes from a non-major interstate. 2+ hours' drive from I-90.
Late in 2016 the company moved to the former Tops location on 5&20, investing $4M, $700,000 was offered by the state but the company ended up not taking those monies.
Why they will now subcontract in Michigan kind of puzzles me, I understand how the wonderful world of business and corporate decisions works, but any number of food processing plants between Syracuse and Buffalo could have handled their production.
Manikowski said Ontario County Economic Development Corp. helped early on, twice with loans of about $200,000 in 2006 and in 2007. “They did everything we asked,” he said. The company paid back the loans in full and exceeded what it projected in job creation. He said the company didn’t take $700,000 in grants and tax credits in return for job creation offered through New York State’s economic development agency, Empire State Development.
Last edited by HowardRoarke; 01-29-2020 at 08:39 PM..
It may have to do with MI being a bigger cherry producing state(even once hosted a college football bowl game called the Cherry Bowl at the former Pontiac Silverdome) and the state has also become a Right to Work state in recent years. So, those 2 things may have come into play.
Also, Shelby’s location and demographics likely tip things off to why the move was made.
"supply chain"? The cherry farms are mere minutes away, and a major interstate is right up the road, mere minutes away.
Meanwhile, Oceana, the company in tiny Shelby, MI, is 45 minutes from a non-major interstate. 2+ hours' drive from I-90.
Late in 2016 the company moved to the former Tops location on 5&20, investing $4M, $700,000 was offered by the state but the company ended up not taking those monies.
Why they will now subcontract in Michigan kind of puzzles me, I understand how the wonderful world of business and corporate decisions works, but any number of food processing plants between Syracuse and Buffalo could have handled their production.
The story is never over. I'm sure, out of those 60 employees, many got to know the business and have better ideas. There is a lot of support for a business like this with the Ag park and Cornell helping. You may see a similar company or 2 in the future.
You live in Greenville SC.
You only posted this thread “ Upstate, New York, closings, layoffs, and general economic news” to troll New Yorkers.
It’s what you have done with all your posts about New York.
The story is never over. I'm sure, out of those 60 employees, many got to know the business and have better ideas. There is a lot of support for a business like this with the Ag park and Cornell helping. You may see a similar company or 2 in the future.
Yep, a good number of these employees will take their skills and start up new companies. It's the pattern that's been happening in Rochester for about the last decade now. 80% of new jobs in Rochester are home grown.
In fact, contrary to the negative comments that are constantly blasted about how bad Rochester's economy is, we just had a fantastic year in 2019. Not only were jobs created, but we also broke out of the slow growth cycle.
According to the BLS, Job creation in Rochester from Dec 2018 to Dec 2019.
Growth = 1.3%
Added jobs = 7,300
For comparison to Greenville SC
Growth = .7%
Added jobs = 2,900
Proof that the Rochester economy is doing just fine contrary to the haters.
Upstate NY is a strange economic story but the its history could be mirrored in other states and parts of the world in the near future.
From about 1840-1965 ny enjoyed the greatest economic and technological boom mankind had ever witnessed. I mean for Goodness sake by 1900 61% already had indoor Flushing toilets. That's my conservative estimate. Coorporal extremely intensive farming had virtually replaced all the old fashioned farms by 1920. The state boasted the highest car ownership per 1000 people by 1950.
1967-1987 and things took a big dive. People in NY found themselves living in homes without toilets, Central heat and clean running waters. Cars were becoming ultra expensive to own. However during this time the empire state also saw a upswing in small organic farms, breastfeeding, raw milk consumption, recycling etc etc. Jus like north korea!!
It's truly rare to find someone knowledgeable enough about toilet ownership in 1900 New York to be able to make a conservative estimate of said ownership, and one that's not rounded off to the nearest multiple of 5 to boot.
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