Sentences with phrase «new economic development programs»

He proposed another $ 20 billion for Upstate in new economic development programs, but with no details and no money in the budget.

This year, Gov. Andrew Cuomo drew on that expertise to have Malatras write the bill for his new economic development program, called Start - Up NY.

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.

Nonetheless, over the past decade or so, New York has made strategic — and gigantic — investments and implemented enticing economic development programs, including tax subsidies, grants, loans and other attractive lures.

Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry (R) World (TM); risks related to the collection, storage, transmission, use and disclosure of confidential and personal information;

Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.

Bill 1: Promoting Job Creation and Diversification Act introduced by Economic Development and Trade Minister Deron Bilous gave the minister new powers to create programs focused on broadening the province's industries and businesses.

The Saudi Council for Economic and Development Affairs, headed by crown prince Mohammed bin Salman, the powerful 31 - year - old son of King Salman, announced that it will implement 10 new programs in the third quarter of 2017 to strengthen the objectives of Vision 2030.

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.

Gov. Andrew Cuomo's office has launched its own inquiry into Buffalo Billion contracting, hiring former federal investigator Bart Schwartz, who has the power to review contracts under the western New York economic development program before they are formally approved.

Cuomo's new running mate, former Western New York Congresswoman Kathy Hochul, not only defended the Governor's economic development program she suggested the investment was as important to Buffalo as the Bills, Sabres, and even chicken winnew running mate, former Western New York Congresswoman Kathy Hochul, not only defended the Governor's economic development program she suggested the investment was as important to Buffalo as the Bills, Sabres, and even chicken winNew York Congresswoman Kathy Hochul, not only defended the Governor's economic development program she suggested the investment was as important to Buffalo as the Bills, Sabres, and even chicken wings.

DiNapoli is trying in the post-budget session to boost the bill that would allow his office to review procurement for state economic development programs that have used entities affiliated with the State University of New York.

Ken Girardin: «START - UP NY lost almost as many new job commitments as it added during 2016, signaling the end may be near for the economic development program that Governor Andrew Cuomo once touted as «the greatest economic savior» for upstate New York.&raqnew job commitments as it added during 2016, signaling the end may be near for the economic development program that Governor Andrew Cuomo once touted as «the greatest economic savior» for upstate New York.&raqNew York.»

We must come together in a new partnership with our faith - based institutions, civil society, businesses and government to create a powerful locomotive for transformation so that our President's coordinated program of economic and social development policies will create «an optimistic, self - confident and prosperous nation through the creative exploitation of our human and natural resources and operating within a democratic, open and fair society in which mutual trust and economic opportunities exist for all.»

Also at 10 a.m., the state Senate Republicans unveil a 2018 «Jobs and Opportunity Agenda» that would provide significant tax cuts for businesses, cut red tape, reduce regulatory burdens, invest in workforce development, and strengthen New York's economic development programs, Room 124, state Capitol, State Street, Albany.

New York Governor Andrew Cuomo is trying to focus on positive actions in his public events in recent days as a federal investigation into his administration's economic development programs continues.

According to Hochul, central New York has won $ 529 million for 505 projects since the Regional Economic Development Council program started in 2011.

The rooftop solar installer, which has started to sell a new solar roofing product in addition to conventional rooftop solar arrays, started early production this month at a sprawling 1.2 million - square - foot factory in South Buffalo that received $ 750 million in taxpayer subsidies through the state's Buffalo Billion economic development program.

START - UP NY, New York's signature economic development program, made headlines for creating just 408 jobs in its first two years of operations.

Democratic and Republican Assembly members asked Howard Zemsky why the economic development program known as Start - Up NY — which offers a 10 - year tax break for new high - tech businesses that locate on college campuses — is seeming to take so long to begin.

Cuomo, speaking at an event in Plattsburgh, downplayed the importance of Start Up, saying its «only one program» of many of New York's economic development initiatives.

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 dDevelopment 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 dDevelopment Councils for various existing programs related to workforce developmentdevelopment.

John Bacheller, a retired deputy commissioner at Empire State Development, the state economic development agency, said state officials launched the Empire Zones program out of an earnest, if misguided, effort to revive the long - suffering Rust Belt economy of UpstatDevelopment, the state economic development agency, said state officials launched the Empire Zones program out of an earnest, if misguided, effort to revive the long - suffering Rust Belt economy of Upstatdevelopment agency, said state officials launched the Empire Zones program out of an earnest, if misguided, effort to revive the long - suffering Rust Belt economy of Upstate New York.

This policy brief updates the Citizens Budget Commission's (CBC's) analysis of the cost of New York's state and local economic development programs.1 The February 2015 report Bigger Not Better: New York's Expanding Economic Development Programs examined economic development programs from 2010 to 2014 and urged greater reporting, scrutiny, and control of this growing and extensive portion of theeconomic development programs.1 The February 2015 report Bigger Not Better: New York's Expanding Economic Development Programs examined economic development programs from 2010 to 2014 and urged greater reporting, scrutiny, and control of this growing and extensive portion of development programs.1 The February 2015 report Bigger Not Better: New York's Expanding Economic Development Programs examined economic development programs from 2010 to 2014 and urged greater reporting, scrutiny, and control of this growing and extensive portion of theprograms.1 The February 2015 report Bigger Not Better: New York's Expanding Economic Development Programs examined economic development programs from 2010 to 2014 and urged greater reporting, scrutiny, and control of this growing and extensive portion of theEconomic Development Programs examined economic development programs from 2010 to 2014 and urged greater reporting, scrutiny, and control of this growing and extensive portion of Development Programs examined economic development programs from 2010 to 2014 and urged greater reporting, scrutiny, and control of this growing and extensive portion of thePrograms examined economic development programs from 2010 to 2014 and urged greater reporting, scrutiny, and control of this growing and extensive portion of theeconomic development programs from 2010 to 2014 and urged greater reporting, scrutiny, and control of this growing and extensive portion of development programs from 2010 to 2014 and urged greater reporting, scrutiny, and control of this growing and extensive portion of theprograms from 2010 to 2014 and urged greater reporting, scrutiny, and control of this growing and extensive portion of the budget.

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 state's top economic development official says a plan in Congress to eliminate the historic tax credit program would harm efforts to revitalize cities in New York.

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 Councdevelopment program that would be implemented through the Consolidated Funding Application (CFA) process, with involvement of the Regional Economic Development CouncDevelopment Councils (REDC).

The rest consists of non-voter approved backdoor borrowing — which, in addition to economic development, includes another $ 1.2 billion for a new healthcare - related Capital Restructuring Financing Program, $ 940 million for higher education, $ 714 million for transportation, $ 396 million for state facilities, $ 168 million for parks and the environment, $ 154 million for housing and $ 60 million for other purposes.

When the program launched in 2001, New York shot to the top of the national rankings for average spending on economic development, according to research by Timothy Bartik, senior economist at the Upjohn Institute for Employment Research.

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.

In 2014, the program was expanded to cover «economic development projects» that would «create or retain jobs in New York state,» opening the door for the program to dish out borrowed money to private businesses (such as the Ed Sullivan theater renovation).

Lawyers representing six of the defendants have spent the past several weeks in a new letter - writing campaign to a federal judge seeking dismissal of the bid - rigging corruption charges leveled against individuals involved in several major upstate economic development programs, including the mega-construction project at Tesla's Riverbend site in South Buffalo.

«It's irrefutable that the economic development programs have worked,» said Cuomo, who said New York now has a record number of jobs.

She criticized Brindisi for supporting Cuomo's economic development measures through the Start - Up New York program.

The top legislative leaders in the Democratic - led Assembly and GOP - controlled Senate on Tuesday indicated they support approving $ 485.5 million in spending for a subsidiary of the under - investigation SUNY Polytechnic, saying the money is vital for the continuation of the economic development program in western New York.

New York taxpayers have little appetite for another economic development program that favors one industry over another or sends government checks to businesses that don't really do what they promised.

Assemblyman Robin Schimminger, the chair of the Economic Development committee, asked Zemsky about the leadership of the Start - Up program, which offers tax breaks to entrepreneurial companies that agree to begin operations in New York.

«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.

«It is clear New York State's economic development programs are growing in number and cost,» said CBC President Carol Kellermann.

James Malatras authored the Start - Up New York economic development program as a deputy secretary to Gov. Andrew Cuomo.

For state lawmakers and some budget hawks, START - UP New York is a controversial economic development program in need of scrutiny.

Her professional experience includes positions as director of the Office of Planning and Economic Development for the city of Bridgeport; deputy dmmissioner of the Westchester County Planning Department; assistant commissioner at the New York State Division of Housing and Community Renewal; director of Community Development Programs for the city of Stamford; and as CEO of the Community Foundation for Greater New Haven.

5Written response by Broome County's Commissioner of Planning & Economic Development to a citizen FOIA request for documents regarding EIT, New York State Small Cities Program Community Development Block Grant and Broome County, 4/11/05

Cuomo similarly empowered Alain Kaloyeros, the former head of the State University of New York Polytechnic Institute, to run his signature economic development programs upstate.

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 widely discredited economic development program tried to foster new business in disadvantaged areas, but instead became a favored tax break for politically connected companies.

One of the other subpoenas went to Empire State Development, New York State's economic development agency, which is providing funding for tDevelopment, New York State's economic development agency, which is providing funding for tdevelopment agency, which is providing funding for the program.

Donald Trump implicitly criticized Gov. Andrew Cuomo's marquee economic development program on Wednesday after receiving the endorsement of New York's Conservative Party.

Gov. Andrew Cuomo's economic development programs continue to bring companies and jobs to New York, the state's top economic development official testified Monday as lawmakers questioned whether enough is being done to hold firms to their promises and to claw back taxpayer money when they don't.

In New York state government news, legislators in Albany are taking a week off ahead of difficult budget decisions, and Republicans in the Senate are calling for the elimination of one of Democratic Gov. Andrew Cuomo's signature economic development programs.