Our Mission
Mohawk Valley Economy
About Us
(Economic Development Growth Enterprises Corporation) provides a coordinated economic development program that can assist your business to locate, grow and prosper in Oneida County, in the center of New York State. EDGE is aligned with the six-county Mohawk Valley Regional Economic Development Council region.
Edge Services: How Can We Support You?
Our Investors
staff members
Specializing in project development, planning and economic development.
PRIVATE INVESTMENT
$2.2 Million
Annual Budget
board members
Representing All Sectors of the Economy
As part of the coordinated economic development effort in Oneida County Mohawk Valley EDGE provides services to:
why the mohawk valley?
The Mohawk Valley has a diverse selection of sites and facilities for your next business expansion. Whether you are looking for a downtown office building for immediate occupancy, a rural site for future development, or something in between… You can easily find it in our region! With sites and facilities in downtown, suburban, business park and rural settings, and low costs to develop land, construct buildings and buy existing structures, you are sure to find what you need. We look forward to showing you these sites in person and helping you through every step of the way.
The Mohawk Valley is within 500 miles of 13 of the top 50 U.S. markets. We are located within a one-day drive from nearly half the population, personal income, business and sale in the United States and Canada.
EDGE can help with research, planning, financing, capital improvements, site selection, technical support, and other tools to get your project done! Grow with us and learn more about how we can assist your business.
ECONOMIC opportunities
in US export ranking for 2020
Top export industries with growth potential include
primary metal, computers and electronics,
travel and tourism and food products.
college
graduates
The Mohawk Valley has an
abundance of college graduates who are
entering the workforce.
resettled
refugees
One of the largest refugee
resettlement communities
in the US, helping to fuel population growth.
over regional
average wage
STEM jobs pay $73,592, which is over our regional average wage.
Mohawk Valley Economic Indicators
(SIX-County)
| Employment | Wages | Establishments | STEM Employment | Exports | |
|---|---|---|---|---|---|
|
Mohawk Valley
|
190,625
|
$50,778
|
9,879
|
9,931
|
$607.3M*
|
|
New York State
|
8,817,112
|
$85,910
|
537,369
|
699,496
|
$90.14B
|
|
United States
|
143,780,068
|
$66,637
|
8,000,178
|
13,932,776
|
$2.13T
|
2019 business assistance
Industry
These locally concentrated industry groups have historically proven to fuel one another’s growth and success in the Mohawk Valley. Such business networks lead to competitive advantages for existing companies and start-ups alike. EDGE has made a concentrated effort to seek out these clusters and provide an environment to foster their growth.
The Mohawk Valley has current strengths and growth potential in several industry clusters, particularly:
advanced
manufacturing
With its central location, the Mohawk Valley is a natural hub for manufacturing and it has had a home in the region for over two centuries.
Agribusiness/Craft
Food & Beverage
Proximity to major markets and low development costs, make the Mohawk Valley competitive for food processing.
AVIATION/UAS
With the legacy of the former Griffiss Air Force Base, the Mohawk Valley has deep roots in aviation. Oneida County is home to Griffiss International Airport, one-of-six FAA Unmanned Aerial Test Sites in the US.
it/cyber
Led by the Air Force Research Laboratory Information Directorate in Rome at its $284,358,928 economic impact, the Mohawk Valley has developed a significant niche in the IT industry over the last half century.
FINANCE/INSURANCE
The Mohawk valley has become a center of major back office operations including insurance claims, check processing and call centers.
nanotechnology
Over the last decade, New York has made a statewide commitment to nanotechnology, investing hundreds of millions of dollars to develop shovel-ready sites and state-of-the-art facilities.
Mohawk Valley Wages
(SIX-County)
Contact Us
Wolfspeed has just announced an exciting partnership with Mercedes-Benz: Powered by parts and manufacturing power from the #MohawkValley.
"The Silicon Carbide power devices for Mercedes-Benz will be produced at Wolfspeed’s facilities in Durham, North Carolina and its new 200mm Mohawk Valley Fab in Marcy, New York. This Mohawk Valley Fab is the world’s largest Silicon Carbide fabrication facility and is dramatically expanding Wolfspeed’s production capacity."
In April 2022, the ribbon was cut at the world's world’s first, largest, and only 200mm Silicon Carbide fabrication facility in Marcy. Silicon Carbide can deliver longer driving range and shorter charging times for electric vehicles (EVs). The Marcy fab is crucial to this process, supporting the transition from silicon to Silicon Carbide.
We are proud to showcase this success and leadership.
🔗Read more: ow.ly/s4zL50Mic6B
Wolfspeed Silicon Carbide Devices Power Future Mercedes-Benz Electric Vehicle Platforms | Wolfspeed
ow.ly
Wolfspeed, Inc. today announced the company will be supplying Silicon Carbide devices to power future Mercedes-Benz® Electric Vehicle (EV) platforms, enabling greater efficiency in the powertrain.Moar jerbs.
Sending you and yours best wishes for the new year! Thanks to our EDGE staff, board, and all those who have made a difference in shaping Oneida and Herkimer County's economic successes. We can't wait to see what 2023 will bring.
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We gladly report on the metrics and organizations that have influenced our region. To that end, we present to you our full annual report document for 2022.
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🔗"The Mohawk Valley: A Region on the Rise” www.mvedge.org/wp-content/uploads/2022/12/MV-EDGE-2022-Report-FINAL.pdf
Happy New Year!🎆
Thank you all for tuning in to our celebration of 2022 Leading EDGE awardees. Today, we spoke with Wolfspeed's Chief Human Resources officer Margaret Chadwick.
We covered the K-12 STEM education pipeline, Wolfspeed's exciting new electric vehicle silicon carbide chip partnership with Jaguar, and the #mohawkvalley community.
Margaret was proud to share the progress being made at the world's first, largest, and only 200 millimeter semiconductor facility at the Marcy Nanocenter (marcynanocenter.com/).
From community partnerships to investing in the #semiconductormanufacturing industry, Wolfspeed is impacting Marcy, the Mohawk Valley, and the world.
We will hear more from Margaret as our keynote speaker during Monday's Leading EDGE Awards ceremony.
Wolfspeed's Jaguar-Land Rover partnership: www.wolfspeed.com/jaguar-land-rover/
Tickets to LEA: www.eventbrite.com/e/leading-edge-awards-registration-430959791337
We are pleased to feature Lahinch Group Real Estate & Development as today’s Leading EDGE honoree.
Though they are based in Syracuse, Lahinch has impacted many iconic buildings that dot The City of Utica, NY ‘s landscape.
We visited their state of the art apartment units in the former Utica Steam Cotton Mill with WKTV NEWSChannel 2 this morning.
What guides Lahnich’s philosophy? A mix of historic preservation, community understanding, and forward thinking.
We will honor Lahinch at our 21st Annual Leading EDGE Awards ceremony on Monday.
🔗More info on LEA: www.eventbrite.com/e/leading-edge-awards-registration-430959791337
🔗More info on 600 State Street: www.lahinchgroup.com/600-state-street
Shared to Pro Growth for a New Utica page.
Tonight, WKTV NEWSChannel 2 will feature Cold Point Corporation as a part of our larger Leading EDGE Awards coverage.
What’s in this frame?
A mixture of heating and cooling product parts that may end up anywhere from Florida to Alaska once assembled!
✅This site manufactures over 10k built to order air conditioning facilities per year. 🥶
✅Cold Point has been a member of the Rome community for 20+ years prior to this facility’s opening.
✅ Since 2021, employment level has grown over 30% at Cold Point due to expansion potentials.
✅This facility sits on part of the former Rome Cable Corporation site on Henry St.
We’re proud to feature Cold Point as one of our awardees for Leading EDGE. Thank you for taking the time to show us your facility!
🔗More info on the ceremony: www.eventbrite.com/e/leading-edge-awards-registration-430959791337
