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Asahi Shuzo International Establishes New York’s Largest Sake Brewery in Dutchess County

The Japanese company will invest more than $28 million and create 32 new jobs in Hyde Park, N.Y.

 Sake Company Announces Manufacturing Facility in Dutchess County NYL to R: Kazuhiro Sakurai, Tim Ryan, Hiroshi Sakurai. Credit: The Culinary Institute of America

Japanese brewing company Asahi Shuzo International today announced plans to open its first U.S. sake brewery in Dutchess County, N.Y. A maker of world-renowned DASSAI premium sake, the company will invest more than $28 million in a vacant building in Hyde Park, N.Y., aiming to produce more than 332,000 gallons of sake annually. The company’s international expansion will create 32 new jobs.

As part of its decision to expand in Dutchess County, Asahi Shuzo will also partner with the Culinary Institute of America on future R&D opportunities, including the development of new curriculum, certification programs, workshops and special events. The partnership will seek to increase the awareness of sake within the United States market.International Sake Company Moves to Dutchess County

“When looking for a site to build our first U.S. brewery, we knew we wanted to differentiate ourselves from other sake brewers,” said Asahi Shuzo Chairman, Hiroshi Sakurai. “The proximity to The CIA, located in the heart of the Hudson Valley, is an ideal fit. We are excited to cultivate this new relationship.”

To encourage Asahi Shuzo’s growth in Dutchess County, the Think Dutchess Alliance for Business helped Asahi Shuzo secure the new property and appropriate zoning amendments, along with the Town of Hyde Park. Additionally, Empire State Development offered the company up to $588,235 in performance-based tax credits through the Excelsior Jobs Program.

“We’re proud to welcome Japanese brewing company Asahi Shuzo International to Hyde Park, N.Y.,” said Sarah Lee, CEO of Think Dutchess. “The fact that an international beverage producer has chosen to expand in Dutchess County for its first U.S. location proves how fast-growing and innovative our craft beverage and agri-business industry truly is.”

Source: Empire State Development and The Culinary Institute of America  

Waterfront Development and Investment Opportunity

Opportunity for Sustainable Transit Oriented Waterfront Redevelopment

MTA Transit Oriented Development RFEI

A redevelopment initiative conducted by the MTA in collaboration with the City of Poughkeepsie is underway and has issued a Request For Expression of Interest (RFEI) for Transit-Oriented Development (TOD).  The RFEI sets the stage for mixed-use redevelopment of underutilized land adjacent to the historic rail terminal.  These sites have spectacular views of the Hudson River and enjoy direct access to waterfront amenities and a thriving downtown.

As one of the largest cities in the Hudson Valley, Poughkeepsie has that vibe – the one you can only feel in a community that’s on the verge of a new era and filled with “Poughtential.” It’s the same feeling that neighboring Beacon, N.Y. had once DIA:Beacon was established, which fueled a dynamic rebirth of a historic river city once longing for visitors, residents and investment. With nearly $1 billion in major projects and more than $2 billion in developments in the planning or permit phase in Dutchess County, Poughkeepsie is in the center of that surge, bolstered by a 14-block, more than $500 million investment by Vassar Brothers Medical Center. In addition to large projects like Vassar, small businesses and entrepreneurs are also choosing to relocate in Poughkeepsie, with many leaving New York City’s outer boroughs for lower cost yet effortlessly cool warehouse buildings that once housed the city’s brewing, whaling and manufacturing industries.

A TOD provides an opportunity for enhanced economic development of the region and appeals to a broad market of potential users.  According to the RFEI, opportunities may include a mix of residential, retail, office/commercial, hotel, and expanded commuter parking elements.

Those interested in responding can download the RFEI here to learn more about submission guidelines and deadlines.

For additional information on available sites, buildings, and opportunities available in Dutchess County, contact Think Dutchess Director of Business Attraction, Don Minichino at 845.463.5404.

 

Dutchess County Outpaces Region, State and Nation for Private Sector Job Growth

Dutchess County’s private sector job growth increased 2.7% in November and 3% in December of last year.

Dutchess County Outpaces Region, State and Nation for Private Sector Job Growth

According to the New York State Department of Labor, the Dutchess-Putnam MSA’s private sector job growth rate rose to 3% in December 2017, ranking above the growth rates of the Hudson Valley Region (1.4%), New York State (1.4%) and the United States (1.7%), respectively.

Dutchess County also outperformed the month prior, when the November 2017 Dutchess-Putnam MSA private sector job growth rate totaled 2.7%, a number well above the growth rates of the Hudson Valley Region (1.6%), New York State (1.4%) and United States (1.7%) overall.

In 2017, Dutchess County also tied with Putnam County for the lowest unemployment rate of all seven counties in the Hudson Valley, with both counties coming in at 4.3% unemployment in November and 4.1% unemployment in December, respectively.

A longtime home to global corporations like IBM and Gap, as well as emerging hub for startups and small businesses, Dutchess County is well-positioned for further growth in the 2018.

Think Dutchess Alliance for Business has already supported several current investments in the county, including National Resources’ redevelopment of a former IBM campus into the $300 million iPark City, East Fishkill’s new $25 million Sports Kingdome and the $510 million expansion of Vassar Brother Medical Center―the largest construction project in Poughkeepsie to date.

Source: New York State Department of Labor

COMPANY PROFILE: IBM

Why one of America’s top tech companies has called Dutchess County home for nearly 75 years

A corporate name synonymous with innovation and reinvention, IBM has a historic legacy in Dutchess County, N.Y. Over the last several decades, IBM operations in the county have generated large numbers of jobs and produced some of “Big Blue’s” most iconic technologies, including all of IBM’s mainframes and IBM Deep Blue, which famously became the first computer to beat a world chess master.

IBM Aerial in Poughkeepsie
Aerial view of IBM’s Dutchess County operations

IBM’s presence in Dutchess County began in 1941 when the company purchased a second campus in Poughkeepsie, N.Y. In 1962, after IBM grew to more than 100,000 employees nationwide, the company expanded to more than 400 acres in East Fishkill, N.Y. Here, IBM introduced its first mainframe computer, the System/360, a server that revolutionized business due to its use of semiconductor technology and established IBM as a leader in the computing industry.

IBM Z Marc Molinaro Dutchess County
Dutchess County Executive Marcus Molinaro and Maria Boonie, IBM Vice President, z Systems Software Development

Today, Dutchess County continues to serve as one of IBM’s top U.S. manufacturing locations, churning out mainframe technology for the 21st century, known as z Systems. In 2017, the Fortune 500 company unveiled its latest edition, IBM z14, which is capable of computing 12 billion cybersecure exchanges daily and supports 87 percent of credit card transactions around the globe, totaling almost $8 trillion payments annually.

Currently, IBM’s Dutchess County workforce is made up of more than 50 percent engineers, with many coming from nearby schools like Marist College. The company’s Dutchess County employees have also secured more than 6,000 patents over the course of IBM’s history.    While its focus has long been on providing the best technology, IBM has also made strides in design. In 2017, IBM Poughkeepsie was awarded the title of IBM’s 37th official “Design Studio,” making it part of a global network of offices that champion IBM Design Thinking.

IBM softwear engineer in Poughkeepsie
IBM softwear engineer in Poughkeepsie

Like all things, as the times have changed, so has IBM. Although the company downsized in the 1990’s from its massive 1960-era operations, previously-owned IBM property still plays a major role in Dutchess County. Today, much of IBM’s original East Fishkill campus is owned by GLOBALFOUNDRIES, a California-based semiconductor manufacturing company, which employs 2,500 people on 160 acres of active manufacturing space.

In 2017, thanks to the help of Think Dutchess, Connecticut real estate group National Resources announced further plans to redevelop 300 acres of the campus into a mixed-use office, retail, hotel and residential development, known as iPark City. Also located at the former campus, Dutchess County’s new $25 million Sports Kingdome will soon be the world’s largest air-supported sports dome, estimated to attract 500,000 visitors annually.

 

To learn more about IBM’s longstanding presence in Dutchess County, download the inaugural issue of Think Dutchess Magazine.

 

For more information on expanding or relocating your business to Dutchess County, please contact Don Minichino, Director of Business Attraction, at 845.463.5404 or don@thinkdutchess.com.

 

Dutchess County’s Fastest Growing Industry

Mixing a $50 million agricultural sector with revitalizing Hudson River cities, Dutchess County is home to many successful farm-based ventures. 

 

Last month, Think Dutchess hosted five national agri-business journalists to discover how Dutchess leads New York’s $3.5 billion craft beverage economy.
Think Dutchess Press Trip Taste NY Stand at Todd Hill Rd.Think Dutchess Press Trip Taste NY StandThink Dutchess Press Trip Hudson Valley Brewery More Good at the Roundhouse
Think Dutchess Press Trip More Good at the Roundhouse, BeaconThink Dutchess Hosts Press Trip Think Dutchess Press Trip 2Think Dutchess Press Trip at Troutbeck
Stops on our press trip ranged from farmlands to distillery floors to a visit at New York’s first standalone TASTE NY store, located at Todd Hill Rest Stop in Dutchess. Journalists also learned how farm-based startups like SHADY KNOLL and DENNING’S POINT DISTILLERY are successfully establishing roots in Dutchess, especially thanks to the CRAFT NEW YORK ACT.
Think Dutchess Press Trip 3 Think Dutchess Press Trip 4 Think Dutchess Press Trip 5 Think Dutchess Press Trip 6
Dutchess County is home to many PRESERVED FARMLANDS – a rare offering considering the American Farmland Trust reports that the U.S. loses 40 acres of farmland each hour.
 Think Dutchess Press Trip Fishkill FarmsThink Dutchess Press Trip Fishkill Farms ApplesThink Dutchess Press Trip 5 Think Dutchess Press Trip Millbrook Winery Think Dutchess Press Trip Millbrook Vineyard GrapeThink Dutchess Press Trip Press Member tastes Millbrook Vineyard Grapes
Production on Dutchess farms range from dairy and cattle to apples and flowers, including leaders like JSK CATTLE, HUDSON VALLEY COLD PRESSED OILS and BATTENFELD FARM. Many farmers also supply nationwide, like MIGLIORELLI FARM, which partners with Blue Apron.
Think Dutchess Press Trip JSK Cattle
Think Dutchess Press Trip Hudson Valley Cold Press Oils
Think Dutchess Press Trip Migliorelli Farms Tomatoes
Think Dutchess Press Trip Crown Maple Syrup
Think Dutchess Press Trip 6
Think Dutchess Press Trip Harney & Sons Tea
While Dutchess County is already home to top companies like Crown Maple and Harney & Sons Fine Teas, we strive to increase our number of agri-business startups and foreign companies.
That’s why Think Dutchess will lead a group of leaders from government, tourism and the private sector to Israel – a global leader in fostering entrepreneurial ecosystems. On the trip, we’ll meet with Israeli agri-business and tech companies interested in investing in Dutchess and participate in a knowledge exchange on growing our agri-business industry.
To learn more about what Think Dutchess is doing to keep Dutchess County business growing, sign up for our Newsletter and visit our News & Events page.

Success Stories: More Good

COMPANY PROFILE: MORE GOOD

People. Planet. Profit.

That’s More Good’s triple bottom line.

Founded in 2012, Jason Schuler identified an opportunity to impact the three things that defined his personal ethos of success. From behind the bar, Schuler took his knowledge of the beverage industry and passion for spices to create More Good. Beginning first with a line of handcrafted mixers and syrups to create healthier cocktails, demand for the syrups forced the company to quickly outgrow their 200 square foot facility. This rapid expansion led More Good to its current 2,000 square foot retail location which includes loose teas, bitters, spices and other bar accouterments in Beacon, NY. The location also serves as More Good’s manufacturing facility.

More Good’s location also operates a commissary kitchen and acts as a co-packing facility to support local food and beverage entrepreneurs. This multi-function facility is once again bursting at the seams and will be moving to a larger location in Dutchess County in the coming year.

Working closely with Dutchess County farms, artisans, and the community  Schuler’s philanthropy is not just regional. More Good’s commitment to social responsibility leverages local success to create global impact. Through strategic partnerships, More Good has raised more than $25,000 to fund water wells in Ghana, Haiti and other developing countries.

                             

 

 

 

 

 

 

 

 

 

 

   

     

Recently honored as our Business of the Year at the 2017 Business Excellence Awards, we are happy to have Jason be such an example of the way a business can thrive in Dutchess.

 

 

 

 

 

 

 

 

Success Stories: Crown Maple

COMPANY PROFILE: CROWN MAPLE

From bark to bottle, Crown Maple exemplifies the spirit of Dutchess County agri-business

When Robb Turner and his wife, Lydia, began their search for the ideal family vacation home in 2007, they couldn’t have imagined a sweeter deal. After hunting for a getaway in Dutchess County, they landed on a picturesque 800-acre property in Dover Plains, lush with aged maple trees. Soon, neighbors began to tease them about tapping the land’s abundance of red and sugar maple trees for their golden insides.

The idea stuck. A former West Point engineer, Harvard Business School graduate and successful financier, Robb poured his efforts into developing what is today known as Crown Maple syrup. He tapped into the expertise of experts from Cornell University’s Uihlein Sugar Maple Research and Extension Field Station to formulate a production process that would be sustainable, consistent, and create the purest, 100% organic syrup available.

Madava Farms, named for the Turner’s daughters Maddie and Ava, began its Crown Maple operations in 2010. Today, the company employs more than 30 people and produces syrup from 400,000 taps―the highest production rate in North America. Their estate also boasts one of the industry’s nicest sugarhouses, with more than 27,000 square feet of gleaming stainless steel production machines, each optimized for sustainable production.


Crown Maple products have received accolades from The Wall Street Journal and have even held a spot on the White House dinner table. New York chefs at gourmet restaurants like Le Bernardin, Eleven Madison Park and Lincoln Ristorante prefer Crown Maple throughout their food and cocktail menus, while the company’s products also grace the shelves of stores like West Elm, Dean & DeLuca, Trader Joe’s, Costco, Whole Foods and more.

Looking ahead, the Turners are dedicated to further growing their business in Dutchess County. Through a recent county grant, Madava Farms expanded as an agri-tourism destination by adding a café to the property. They’ve also partnered with Cornell Cooperative Extension Dutchess County to provide youth development programs and lead presentations on agricultural real estate development opportunities in the region.

For more information on expanding or relocating your business to Dutchess County, please contact Don Minichino, Director of Business Attraction, at 845.463.5404 or don@thinkdutchess.com.

Presenting The Innovation Challenge Winners!

Our Innovation Challenge at Marist College on September 14th was an enormous success. Thank you to all who attended!

We are grateful to Ross Media, who compiled this video footage of the event and to our very own CFO, Marilyn Yerks who captured these images throughout the evening.

The Finalists

Think DUtchess Innovation Challenge Semifinalists

The Winners

In the Young Business Category, the winner is Richard Romano of Screamin’ Onionz.

Think Dutchess Innovation Challenge Young Business Winner Screamin' Onions

Presenting a passionate presentation with a thorough go to market strategy and impressive footholds in place to propel his business forward, Screamin’ Onionz is the winner of a $1,500 check presented by William A. Smith & Son Insurance as well as other invaluable business services from our prize sponsors that will keep his business safely and smartly scaling as he continues to grow.

In the Pre-Venture Business Category, the winner is Danny Gonzalez of Facticiti.

Think Dutchess Innovation Challenge Pre-Venture Winner Facticiti

The Pre-Venture category was a neck-and-neck race between potentially disruptive technologies. Ultimately, Facticiti presented a strong assessment of the current landscape and the way this unique algorithm could change the way employees and employers search for jobs and candidates. Facticiti is the winner of $1,000 and business services from our prize sponsors. Additionally, the Pre-Venture Business will benefit from the increased exposure and connections to potential investors to spur their momentum.

The Judges

Think Dutchess Innovation Challenge Judges Garnet Heraman and Helene Rude
Garnet Heraman: Managing Director of Investment FuturesNYC, Founder Anvil Ventures and Helene Rude: Director Marist Cloud Computing and Analytic Center
Think Dutchess Innovation Challenge Judges Carl Meyer and Deforest Howland
Carl Meyer: Think Dutchess Board Chairman and President/CEO T-SEC, DeForest Howland: Business Development Executive at Ralph V Ellis Insurance

The Sponsors

We would like to thank our partner sponsor Marist College and our event sponsors Central Hudson, IBM, Key Construction Services, Hudson Valley Federal Credit Union and United Way of Dutchess-Orange Region.  A special thanks to our prize sponsors: Dutchess County Regional Chamber of Commerce, Judelson, Giordano and Seigel CPA, PC, CUBE (Center for Urban Business Entrepreneurship) at Brooklyn Law, Catskill Hudson Bank and to Tony Fareed of Marist College, Bridge Global Capital Group and 360 Acceleration, and Luke Stangel of Dandelion Energy who provided invaluable coaching and mentorship for our contestants.

The Event

Innovation Challenge speaker, Lawrence Singleton- Dean of the Marist College School of Management
Innovation Challenge speaker, James Phillips- Associate Dean of the Marist College School of Management
Think Dutchess CEO, Sarah Lee Innovation Challenge Prize Sponsor Jack Smith, W.A. Smith & Son Insurance
Think Dutchess CEO, Sarah Lee Innovation Challenge Prize Sponsor Jack Smith, W.A. Smith & Son Insurance
Think Dutchess Innovation Challenge CEO Sarah Lee and Judge Garnet Heraman
Think Dutchess CEO Sarah Lee and Judge Garnet Heraman of Anvil Ventures
Think Dutchess Innovation Challenge
Marist students and Innovation Challenge committee member Jay Panteleo of Marist School of Management and the Marist Idea Lab.

 

 

Meet The Innovation Challenge Semi-Finalists

Four Businesses Will Compete

It’s official!  The semi-finalists of Think Dutchess’ First Innovation Challenge have been announced!

Think Dutchess Innovation Challenge Semi-Finalists

Pre-Venture Semi-Finalists

Facticiti Innovation Challenge Semi-Finalist
Facticiti

“Facticiti is a solution for young adults with the desire to discover their passions and explore opportunities. At Facticiti, it’s about helping 100 million people to get excited about going to work every day.”

 

 

Lingofit/Telelingo Innovation Challenge Semifinalist
LingoFit by Telelingo

Telelingo believes that distracted driving is not only a problem, but it’s also preventable.  As a result, they created LingoFit- “a digital assistant using machine vision and AI to manage driver’s attention and drowsiness.” LingoFit aims to provide the ultimate co-pilot.

 

 

Young Business Semi-Finalists

screamin onionz logo innovation challenge semi-finalist
Screamin’ Onionz

 

“While others are trying to blow you away with the Hottest Heat,” Screamin’ Onionz decided that flavor was the most important aspect of a condiment. A versatile condiment “that’s kinda like onions in hot sauce, the focus is on the best flavor with the fewest ingredients and no added sugar.”

 

Finergy Innovation Challenge Finalist
Finergy

Finergy is a locally owned and operated company in Dutchess County.  “Finergy  provides services in areas such as; bookkeeping, invoicing, budget, forecast, gross profit analysis and many other financial tasks.”

 

Follow our contestants journey on Facebook and Instagram.  Also be sure to tune into Wake up with Rhinebeck Bank on HVNN on Sept. 4th to learn more about their business. Finally, watch all four compete live at Marist College on September 14th, and help determine the winner at the Innovation Challenge! Limited seats are available so buy your tickets now to influence innovation!

 

Fueling the Talent Pipeline

Dutchess County places a priority on education.The county offers five highly regarded institutions of higher education – three which rank among Princeton Review’s “2017 Best Colleges” – and all which support a robust talent pipeline.
That talent pipeline is suited to meet today’s changing business needs. Each year, there are 25,000 total students enrolled in Dutchess County colleges and thousands stay upon graduation, including a large population of millennials – a local demographic expected to grow 21 percent by 2025.

Marist College: A Local Talent Pool for IBM, NBC, and HBO

 As our partner sponsor in the Think Dutchess Innovation Challenge, Marist has significant influence in educating future IT and engineering professionals, thanks the school’s CLOUD COMPUTING & ANALYTICS CENTER. Partnering with IBM for more than 30 years, the center provides Big Blue and other companies with an ample talent pool of highly-skilled recruits.
A popular private liberal arts college, MARIST COLLEGE is also home to the MARIST POLL, which utilizes up to 300 undergraduates each semester to conduct polls for the WSJ, NBC News, HBO Real Sports, and more.

Vassar College: The Birthplace of “Hamilton”

An influential private liberal arts college in Poughkeepsie, lin-manuel-miranda-powerhouse-theater-vassar-collegeVASSAR COLLEGE was home to the early development of Lin-Manuel Miranda’s Tony award-winning Broadway musical, HAMILTON. Today, Vassar employs 1,100 people and has a wide range of academic offerings, like Chinese, Anthropology, Physics, and Economics.
Last year, Vassar opened the $125 million Bridge-for-Laboratory-Sciences-Vassar-College-Integrated-Science-CommonsBRIDGE FOR LABORATORY SCIENCES, which is an 82,000-square-foot integrated science commons for eight of the school’s prestigious science departments, including a robotics lab.
The school is also home to VASSAR FARM, a 500-acre working farm and ecological preserve where students engage in research projects, providing training and resources for Dutchess’ competitive agri-business industry.

The Culinary Institute of America: Where Food Means Big Business

culinary-institute-dutchess-county

A premier culinary school, the 170-acre CULINARY INSTITUTE OF AMERICA at Hyde Park is where world-renowned chefs like Anthony Bourdain, “Cake Boss” Duff Goldman, and Roy Yamaguchi cut their teeth.

Today, CIA students have an average of six job offers upon graduating and go on to work at top restaurants and food companies, if not planning to start their own unique ventures. A partnership with 3D SYSTEMS also allows students to explore the possibilities of 3-D printing, innovating the future of food worldwide.

Bard College: Arts and Culture Fit for the Bard Himself

Ranked the nation’s fourth most innovative national liberal arts college by US News & World Report, BARD COLLEGE graduates nearly 2,000 alumni each year.Fisher-Center-at-Bard-College
Known for arts and culture, Bard is home to the Frank Gehry-designed FISHER CENTER FOR THE PERFORMING ARTS. During the summer, it produces two of the most ambitious and highly anticipated performing arts festivals in the country: SummerScape and the Bard Music Festival. The college is also a top Dutchess County employer, employing 1,800 people.

SUNY Dutchess: Providing Tech Skills to Today’s Workforce 

Offering the lowest tuition of any college or university in New York, SUNY DUTCHESS
graduated 1,142 students this year, ranging from ages 18 to 68.
Their $2.6 million E-TECH (Engineering, Technology, Early College High School) program prepares students for skilled tech jobs. The program enrolls 400 students and is an initiative between the City of Poughkeepsie School District, Central Hudson, and The Chazen Companies.dutchess-community-college
Employing 926 people, SUNY Dutchess is also an economic driver in Dutchess and taxpayer return is currently calculated at nine times its original investment.

TEN PARTNERS | ONE STRATEGY

A premier business-led organization, Think Dutchess Alliance for Business brings together 10 agencies under one unified vision for one-stop shop site selection, financing, incentives, permitting and advocacy, strategic planning and counseling, marketing and networking.