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Rail, tech aided by state grants for industries

Gov. Andrew M. Cuomo announced Wednesday that $738 million has been awarded through Round Two of the Regional Economic Development Council initiative. Seen is the Gloversville-Johnstown Joint Wastewater Treatment Facilities, located at 191 Union Ave. in Johnstown.
Photographer: Marc Schultz
Gov. Andrew M. Cuomo announced Wednesday that $738 million has been awarded through Round Two of the Regional Economic Development Council initiative. Seen is the Gloversville-Johnstown Joint Wastewater Treatment Facilities, located at 191 Union Ave. in Johnstown.
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The Capital Region won the smallest pot of a total $738 million in regional economic development funding awarded by the state Wednesday. Ten councils made up of business, education and community leaders competed in the second round of the Gov. Cuomo initiative, designed to create jobs and boost economic development throughout the state’s diverse regions. A total of 725 projects received awards. The Capital Region was awarded $50.3 million for 84 projects. Last year, it ...


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comments

gina99
December 20, 2012
8:29 a.m.

[ Flag Post ]

"The problem with socialism is pretty soon you run out of other people's money," Maggie Thatcher.

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