Announcing the REDC PTAC Center at Think Dutchess

March 1, 2018

REDC Procurement Technical Assistance Center Opens New Satellite Office in Dutchess County, N.Y.

Center Will Partner with Think Dutchess to Support Regional Business Development Activities

(POUGHKEEPSIE, N.Y. – March 1, 2018) — Think Dutchess Alliance for Business is pleased to welcome the new satellite office of Rockland Economic Development Corporation’s Procurement Technical Assistance Center (REDC PTAC) to Dutchess County, N.Y.  The new site will be conveniently located at Think Dutchess’ office at 3 Neptune Rd, Poughkeepsie, N.Y. 12601.

Established in 1986, REDC PTAC is a free resource for businesses pursuing and performing under government contracts. This includes contracts with the U.S. Department of Defense and other federal agencies as well as state and local government agencies.

Aligning with Think Dutchess’ goal to advance business expansion in Dutchess County, REDC PTAC offers complimentary government contracting services, such as one-on-one counseling, educational opportunities, certification information and research assistance to identify potential bidding options. Thanks to its new location in Poughkeepsie, REDC PTAC is now well-positioned to offer these types of tailored business assistance and support services to companies in Dutchess County.

“Our goal is to help as many businesses in Dutchess County to sell their products and services to government entities,” said Lin Simeti, PTAC Program Director. “Our business assistance and support network identify and connect small businesses to the right local, state and federal agencies.”

“As a premier business-led organization, Think Dutchess Alliance for Business is proud to partner with REDC PATC to launch its new satellite office,” said Sarah Lee, CEO of Think Dutchess.

“At Think Dutchess, our mission is to serve as a one-stop shop for business development needs and activities in Dutchess County. By welcoming REDC PTAC to join our office, our team will be even better equipped to support, develop and grow business and economic development in the county.”

For more information on REDC PTAC, please visit http://www.redc.org/ptac/ or learn more about its services at https://youtu.be/_mX88Sr18x8.

 

About Think Dutchess Alliance for Business

Think Dutchess Alliance for Business, formerly Dutchess County Economic Development Corporation, is the one-stop shop for business development needs and activities in Dutchess County, New York. It’s a business-led, nationally recognized 501(c)(3) nonprofit organization and economic development corporation, whose mission is to attract, retain, and expand for-profit and not-for-profit businesses for the benefit of Dutchess County. Think Dutchess’ organizational structure includes programs in business retention and expansion, financial counseling and deal structuring, zoning, commercial real estate, innovation and technology, strategic marketing and municipal advocacy. For more information about Think Dutchess Alliance for Business, visit www.thinkduchess.com.

 

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Media Contact:

Rachel Welch

Communications Coordinator

Think Dutchess Alliance for Business

office: 845.463.5400

direct: 845.463.5401

email: rachel@thinkdutchess.com

 

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.

 

EFCO: Four Generations of Success

Poughkeepsie Roots, Global Business

 

Company Name: EFCO Products 

Industry: Food Manufacturing/ Production

Year established: 1903

 

 

Family owned EFCO Products is a rarity in today’s industry, let alone the global business culture.  Headquartered in Poughkeepsie, New York, EFCO adheres to a long-standing tradition of service excellence and product quality that is rooted in its heritage since 1903. Manufacturing ingredients for over 100 years, EFCO serves the ever-changing and evolving needs of local and wholesale bakeries, global industrial food processors and chain restaurants.

Commenting on more than a century of doing business in the Hudson Valley, president, and CEO, Steve Effron said, “Our business is constantly changing and we’ve had to continue to evolve with it.”  The Poughkeepsie native also pointed to a long list of advantages doing business in Dutchess County: “We have a long-tenured workforce that is very skilled and adept at what they do.  Our workforce is fueled by a strong educational system, particularly Marist College, the Culinary Institute of America, and Dutchess Community College,” he said, “We also benefit from our proximity to a large population base in the eastern corridor and great access to New York ports.

“The strength of our business is innovation, and we like our customers and prospective customers to see how our products are developed and made.” Effron continued, ” Fortunately, both our domestic and international customers love coming to the Hudson Valley.  Whether they are from New York City, the Middle East, Asia, or Latin America, our customers appreciate the rich history of the area and of our company.”

 

For four generations, this global business has not only made life sweeter for consumers but also continues to contribute to the community in many ways.  To learn more about Steve Effron and the EFCO legacy here in Dutchess, read more in our inaugural issue of the Think Dutchess magazine.

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.

In September of 2019, IBM continued its push toward large-scale adoption of quantum computing with the opening of the first IBM Quantum Computation Center in Poughkeepsie, NY.  The center will house some of the world’s most advanced cloud-based quantum computing systems accessible to a worldwide community of Fortune 500 companies, startups, academic institutions and national research labs working with IBM. The opening of the IBM Quantum Computation Center is further evidence that after years of development, IBM is taking the lead in moving the technology out of the research lab and putting it directly into the hands of developers, researchers, academic and enterprise users, and quantum technology and service providers.

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.

IBM Software in Poughkeepsie
IBM Employee Michael Lyons in Poughkeepsie

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.

 

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 Chris Glancy, Director of Business Attraction, at 845.463.5404 or chris@thinkdutchess.com.

 

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 served as More Good’s manufacturing facility.

This location also operated as a commissary kitchen and co-packing facility to support local food and beverage entrepreneurs. Capitalizing on the demand, in October of 2018, More Good moved the co-packing facility to a larger location at the new food hub at iPark East Fishkill.

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.

                             

 

 

 

 

 

 

 

 

 

 

   

     

Honored as the 2017 Business of the Year at the Business Excellence Awards, More Good is a shining example of how businesses can thrive in Dutchess. Operating with a staff of 15+, More Good continues to experience good fortune and growth. The expanded iPark facility will more than double square footage. In addition to expanding to its recipe offerings, the company has expanded into bottling and co-packing.

 

 

 

 

 

 

 

 

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 Chris Glancy, Director of Business Attraction, at 845.463.5404 or chris@thinkdutchess.com.

The Poughkeepsie Underwear Factory

Think Dutchess Success Story- The Poughkeepsie Underwear Factory

The Poughkeepsie Underwear Factory

Since 2008, Hudson River Housing has been a cornerstone of community building. Starting with the Middle Main Initiative, this nonprofit sought to improve the lives of City of Poughkeepsie residents and the community as a whole. In 2012, the opportunity to create a tangible expression of hope came in the form of the National Historic Site, The Poughkeepsie Underwear Factory.

Vintage sign from the Poughkeepsie Underwear Factory- Think DutchessWith a lofty goal to revitalize the middle main corridor in Poughkeepsie, Hudson River Housing leveraged existing community relationships and resources to redevelop The Underwear Factory into a mixed-use facility for housing, retail and community programs. Today, the building is a community hub which provides education, entertainment, jobs and training programs that are enriching the neighborhood while strengthening the local economy.

Community art piece outside of the Poughkeepsie Underwear Factory Poughkeepsie Underwear Factory main entrance Think Dutchess 2017 Nonprofit of the Year- The Poughkeepsie Underwear Factory

A creative hub and breeding ground for new business, The Underwear Factory houses The Art Effect, flex studio space operated by Mid-Hudson Heritage Center, 15 loft apartments, the Poughkeepsie Open Kitchen- Poughkeepsie’s first community, commercial kitchen, and two local start-ups, North River Roasters and 2019 Innovation Challenge Semi-Finalist Earth, Wind and Fuego. Additionally, more than a dozen food entrepreneurs are now closer to launching start-ups of their own thanks to the ability of the organization to connect all of its arms to create opportunity at the local level.

Poughkeepsie Underwear Factory Arch

 

The 2017 Think Dutchess Non-Profit of the Year award winner at the Business Excellence Awards has helped spark the energy bubbling over in this city on the go.  Attracting business, talent, entrepreneurs and building community spirit, Hudson River Housing and The Underwear Factory continue to propel development in our region.

 

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.

 

 

ONE UNIFIED VISION

A premier business-led organization, Think Dutchess Alliance for Business brings together 12 agency partners creating a one-stop shop for your site selection, financing, incentives, permitting and advocacy, strategic planning and counseling, marketing and networking needs.