New York state's 10 economic regions received more than $ 700 million in
new economic development funding on Thursday.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of
new and maturing programs; 2) our ability to perform our obligations under our
new and maturing commercial, business aircraft, and military
development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on
new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global
economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global
economic uncertainty or otherwise; 8) the effect of
economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional
funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Certain matters discussed in this news release are forward - looking statements that involve a number of risks and uncertainties including, but not limited to, doubts about the Company's ability to continue as a going concern, the need to obtain additional
funding, risks in product
development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of
new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the Company and its competitors, risk of operations in Israel, government regulations, dependence on third parties to manufacture products, general
economic conditions and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide
economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of
new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's
funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant
developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
H.B. 929 Status: Failed Relates to promotion of cybersecurity in the Commonwealth, initiates several efforts to promote
economic development, research and
development, and workforce
development of the cybersecurity industry in the Commonwealth, creates two
new matching grant
funds, adds one administered by the Innovation and Entrepreneurship Investment Authority for private entities that collaborate with one or more public institutions of higher education on research and
development related to cybersecurity.
Other
economic policies include reducing the regulatory burden for small businesses and northern
development; a new $ 75 million venture capital fund to help businesses commercialize new technology developments; a $ 900 million Strategic Aerospace and Defence Initiative and a $ 250 million Automotive Innovation Fund to support these industrial sectors; a $ 1 billion Community Development Trust to support communities and workers in struggling industries; a commitment to reduce inter-provincial trade barriers by 2010; pursuing new trade agreements with emerging markets; as well as a reorganization of federal regional development
development; a
new $ 75 million venture capital
fund to help businesses commercialize new technology developments; a $ 900 million Strategic Aerospace and Defence Initiative and a $ 250 million Automotive Innovation Fund to support these industrial sectors; a $ 1 billion Community Development Trust to support communities and workers in struggling industries; a commitment to reduce inter-provincial trade barriers by 2010; pursuing new trade agreements with emerging markets; as well as a reorganization of federal regional development strateg
fund to help businesses commercialize
new technology
developments; a $ 900 million Strategic Aerospace and Defence Initiative and a $ 250 million Automotive Innovation
Fund to support these industrial sectors; a $ 1 billion Community Development Trust to support communities and workers in struggling industries; a commitment to reduce inter-provincial trade barriers by 2010; pursuing new trade agreements with emerging markets; as well as a reorganization of federal regional development strateg
Fund to support these industrial sectors; a $ 1 billion Community
Development Trust to support communities and workers in struggling industries; a commitment to reduce inter-provincial trade barriers by 2010; pursuing new trade agreements with emerging markets; as well as a reorganization of federal regional development
Development Trust to support communities and workers in struggling industries; a commitment to reduce inter-provincial trade barriers by 2010; pursuing
new trade agreements with emerging markets; as well as a reorganization of federal regional
development development strategies.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general
economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in
new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to
fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and
new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with
developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
Funding for Delicious
New Mexico comes from Citi Community
Development «Citi believes in the
economic boost that this network can bring to the state of
New Mexico and we're proud to support it,» said Melissa Briggs, NM State Director for Citi Community
Development.
Deciding the next step for Terminal A is also coming as the waterfront agency nears a decision on
new Outer Harbor recreational projects to be paid for with $ 15 million in
funds provided by the Buffalo Billion II
economic development initiative.
API
New York BlueRock Energy Buffalo Niagara Partnership Capital Region Chamber of Commerce Central Hudson Chautauqua County Chamber of Commerce Chemung County Chamber of Commerce Constitution Pipeline Cortland County Chamber of Commerce D.A. Collins Delaware Engineering Dominion Energy Eastern NY District Council of Laborers Energy Coalition
New York Energy Equipment and Infrastructure Alliance EnergyMark, LLC Engineers Labor - Employer Cooperative (ELEC 825) General Contractors Association of NY Hudson Valley Building & Construction Trades Council Independent Oil & Gas Association of NY (IOGA - NY) Independent Power Producers of NY (IPPNY) International Union of Operating Engineers Local 825 (IOUE 825) Iroquois IUOE Local 825 Joint Landowners Coalition Laborers District Council of Eastern NY Laborers Local 17 LECET
Fund Manufacturers Association of the Southern Tier Millennium Pipeline National Fuel Gas Company National Federation of Independent Business North Country Chamber of Commerce NYS Building & Construction Trades Council NYS Conference of the International Union of Operating Engineers NYS
Economic Development Council NYS LECET
Fund (Laborers - Employers Cooperation & Education Trust) Orange County Partnership Otsego County IDA Penn - York Land Services Corp..
The Senate denies any actions by the Executive to administratively establish an Office of Workforce
Development within the Executive Chamber, and any action by the Executive to create a new Consolidated Funding Application through the Regional Economic Development Councils for various existing programs related to workforce d
Development within the Executive Chamber, and any action by the Executive to create a
new Consolidated
Funding Application through the Regional
Economic Development Councils for various existing programs related to workforce d
Development Councils for various existing programs related to workforce
developmentdevelopment.
The gist of our testimony was that the legislature should not appropriate any
new funds for discretionary
economic development programs until there are major transparency and accountability reforms, including a Database of Deals, Clean Contracting reforms and restrictions on campaign contributions from state -LSB-...]
The Governor's state of the state message recommended a
new, $ 175 million workforce
development program that would be implemented through the Consolidated Funding Application (CFA) process, with involvement of the Regional Economic Development Counc
development program that would be implemented through the Consolidated
Funding Application (CFA) process, with involvement of the Regional
Economic Development Counc
Development Councils (REDC).
Besides assisting communities affected by state facility closures, these
funds will be used to provide more than $ 130 million for competitively determined
economic development projects put forward by the Regional Councils, $ 100 million for the Metropolitan Transportation Authority's capital program and $ 10 million towards the State's existing commitment for the
New York City Empowerment Zone.
Inc. • Ambient Environmnental, Inc. • API
New York • BlueRock Energy • Buffalo Niagara Partnership • Capital Region Chamber of Commerce • Central Hudson • Chautauqua County Chamber of Commerce • Chemung County Chamber of Commerce • Constitution Pipeline • Cortland County Chamber of Commerce • D.A. Collins • Delaware Engineering • Dominion Energy • Eastern NY District Council of Laborers • Energy Coalition of
New York • Energy Equipment and Infrastructure Alliance • EnergyMark, LLC • Engineers Labor - Employer Cooperative (ELEC 825) • General Contractors Association of NY • Hudson Valley Building & Construction Trades Council • Independent Oil & Gas Association of NY (IOGA - NY) • Independent Power Producers of NY (IPPNY) • International Union of Operating Engineers Local 825 (IOUE 825) • Iroquois • IUOE Local 825 • Joint Landowners Coalition • Laborers District Council of Eastern NY • Laborers Local 17 LECET
Fund • Manufacturers Association of the Southern Tier • Millennium Pipeline • National Fuel Gas Company • National Federation of Independent Business • North Country Chamber of Commerce • NYS Building & Construction Trades Council • NYS Conference of the International Union of Operating Engineers • NYS
Economic Development Council • NYS LECET
Fund (Laborers - Employers Cooperation & Education Trust) • Orange County Partnership • Otsego County IDA • Penn - York Land Services Corp. • Unshackle Upstate • Upstate
New York Laborers District Council • U.S Chamber of Commerce's Institute for 21st Century Energy • USA Compression • Williams Pipeline.
Findings from a project led by London's Institute of Education and
funded by the
Economic and Social Research Council (ESRC) and the Department for International
Development (DFID) show that using
new ways of encouraging young children to stay in regular schooling cut drop - out rates by 42 per cent in just a year.
SYRACUSE, N.Y. —
New York's top financial official today said the state needs more accountability when giving out
economic development funds.
The REDC and Consolidated
Funding Application (CFA) process have transformed
economic development in
New York State, creating a statewide framework for bottom - up regional
economic growth.
The application was included in the annual request for state
funding from the Central
New York Regional
Economic Development Council.
By committing significant
funding and support to advanced technology, sciences and R&D institutions,
New York is laying the groundwork for new jobs and new economic development opportunities, while ensuring that Long Island continues to attract the best of the best to establish roots here and join our great community.&raq
New York is laying the groundwork for
new jobs and new economic development opportunities, while ensuring that Long Island continues to attract the best of the best to establish roots here and join our great community.&raq
new jobs and
new economic development opportunities, while ensuring that Long Island continues to attract the best of the best to establish roots here and join our great community.&raq
new economic development opportunities, while ensuring that Long Island continues to attract the best of the best to establish roots here and join our great community.»
The Western
New York Regional
Economic Development Council (WNY REDC) Consolidated
Funding Application (CFA) is now the main method to access support from NYS.
«It has now been determined that these projects will be
funded from the
New York Works
Economic Development Fund to better facilitate management of the program,» the memo states.
«We are considering options,» Weinstein said, «but as it is a project to generate tourism and
economic development, and uses technology for energy efficiency, it will be financed by [the New York Power Authority] and parts of the project could likely be funded by [Empire State Developme
development, and uses technology for energy efficiency, it will be financed by [the
New York Power Authority] and parts of the project could likely be
funded by [Empire State
DevelopmentDevelopment].»
The governor appeared to do his best to answer questions openly, vowed to address flaws in the state's procurement process, and even promised more
economic development funding for Western
New York.
Mr. Cuomo also proposed budgeting an extra $ 1 billion in education
funding this year, a $ 2 billion investment in clean - water infrastructure and various other expensive projects, including hundreds of millions of dollars in
economic -
development for Buffalo ($ 500 million), a life sciences research and
development cluster ($ 550 million) and
new airports in Syracuse and Plattsburgh.
Administered by Empire State
Development, the state's main economic development agency, the Restore New York program provides funding to villages, towns and cities to support demolition of vacant buildings and rehabilitation of condemned and surplus
Development, the state's main
economic development agency, the Restore New York program provides funding to villages, towns and cities to support demolition of vacant buildings and rehabilitation of condemned and surplus
development agency, the Restore
New York program provides
funding to villages, towns and cities to support demolition of vacant buildings and rehabilitation of condemned and surplus properties.
The
new convention center and Javits transformation, energy highways, gaming, the $ 1 billion for Buffalo comprise the economic development blueprint that will meld the government and private sector to help generate funds for New Yo
new convention center and Javits transformation, energy highways, gaming, the $ 1 billion for Buffalo comprise the
economic development blueprint that will meld the government and private sector to help generate
funds for
New Yo
New York.
One of the other subpoenas went to Empire State
Development, New York State's economic development agency, which is providing funding for t
Development,
New York State's
economic development agency, which is providing funding for t
development agency, which is providing
funding for the program.
The project is moving forward with more than $ 1.3 million in resources from
New York State, including $ 930,000 in Urban Community Investment
Fund and $ 385,000 from Empire State
Development, the state's economic development agency, through the state's Consolidated Funding Applica
Development, the state's
economic development agency, through the state's Consolidated Funding Applica
development agency, through the state's Consolidated
Funding Application (CFA).
The
funding includes a $ 25 million loan from the State University of
New York system as well as a $ 38.5 million grant from Empire State
Development, the state's economic development agency that helped to fund much of SUNY Poly's expansion over
Development, the state's
economic development agency that helped to fund much of SUNY Poly's expansion over
development agency that helped to
fund much of SUNY Poly's expansion over the years.
Miner said it would be inaccurate to draw specific conclusions about the commission's plan from the recent proposal submitted by the Central
New York Regional
Economic Development Council for $ 500 million in state
funding.
In 2011, Governor Andrew M. Cuomo created ten Regional
Economic Development Councils (REDC) and the Consolidated Funding Application (CFA) to advance the administration's efforts to improve New York's business climate and expand economic
Economic Development Councils (REDC) and the Consolidated
Funding Application (CFA) to advance the administration's efforts to improve
New York's business climate and expand
economiceconomic growth.
It is the first
development in a planned six - phase neighborhood revitalization project funded through the Governor's Regional Economic Development Council and New York State Homes and Community Ren
development in a planned six - phase neighborhood revitalization project
funded through the Governor's Regional
Economic Development Council and New York State Homes and Community Ren
Development Council and
New York State Homes and Community Renewal (HCR).
In advance of a deadline on Saturday, the
New York City
Economic Development Corporation (EDC) agreed to grant the Messier - run Kingsbridge National Ice Center another month to produce $ 138 million in
funding for the first phase of the complex it plans to build at the site of the vacant armory in the Bronx.
The grant application process for
New York State's various
economic development agencies has been streamlined as a result of the Consolidated
Funding Application (CFA).
DNAinfo
New York has reported in a series of stories that the nonprofit Bushwick
Economic Development Corp., or BEDCO, is a tax deadbeat that has been accused of bribing city workers, failing to fix violations at its city -
funded shelters and falling deeply into debt with landlords.
On July 20, 2011, as part of a historic initiative to transform
New York State's model for
economic development and job creation, Governor Cuomo announced that up to $ 1 billion in
economic development funding would be made available through a Consolidated Application Process (CFA).
The project was part of a winning bid from the Central
New York Regional
Economic Development Council that won $ 500 million in state
funding as part of Gov. Andrew Cuomo's Upstate Revitalization Initiative.
While top honors instead went to Central
New York, the Finger Lakes and the Southern Tier, the region did lock in $ 85.1 million in regional
economic development funds on Thursday, bringing the total over a five - year period to nearly a half - billion in state investment.
New York State — provides a number of tax incentives and
funding programs to encourage business investment and
economic development.
SARANAC The Town of Saranac was awarded $ 907,348 in state
economic development funds last week, giving
new life to a water project over two years in the making.
The Central
New York Regional
Economic Development Council (CNYREDC) will hold six potential project forum workshops in order to help interested applicants learn more about New York State economic and community development funding available, and the most effective ways to secure that funding for future p
Economic Development Council (CNYREDC) will hold six potential project forum workshops in order to help interested applicants learn more about New York State economic and community development funding available, and the most effective ways to secure that funding for futur
Development Council (CNYREDC) will hold six potential project forum workshops in order to help interested applicants learn more about
New York State
economic and community development funding available, and the most effective ways to secure that funding for future p
economic and community
development funding available, and the most effective ways to secure that funding for futur
development funding available, and the most effective ways to secure that
funding for future projects.
The
new AMPrint Center on Rochester Institute of Technology's Henrietta campus is supported by state
funds, including money from the Finger Lakes Regional
Economic Development Council.
His comments came while speaking to reporters in Albany about Governor Cuomo's
economic development contest that pits seven regions of
New York against each other for $ 1.5 billion in state
funding.
Although SU won't receive
funding from this program, it was part of a winning bid from the Central
New York Regional
Economic Development Council that won $ 500 million in state
funding as part of Cuomo's Upstate Revitalization Initiative.
Central
New York has received $ 344 million in state
funding through the first four rounds of Gov. Andrew Cuomo's
economic development initiative.
We are going to win the majority because we have the right candidates and the right message, and whether it's providing record support for schools, delivering a 20 percent middle - class income tax cut, or ensuring every region of the state gets its fair share of infrastructure and
economic development funding,
New Yorkers know that Senate Republicans have their backs.»
New York's
Economic State
Development agency revealed that it has tapped a $ 50 million
fund designed to promote job growth and tourism to pay for an aggressive marketing campaign boosting Cuomo's program to extend free tuition to middle - class students enrolling at public colleges.
Four Oscar - nominated films, including best picture nominee «Manchester by the Sea,» reaped taxpayer -
funded benefits from
New York, according to the state's
economic development arm.
Krueger recalled that the ill - fated Empire Zones program, which was created by former Gov. George Pataki in 1999 (it actually morphed out of the
New York State
Economic Development Zones) ended up being an ill - conceived boondoggle that gave away millions of dollars worth of publicly -
funded incentives and tax breaks to businesses that pledged to create jobs and then often didn't make good on those promises.