This Week
  • Siblings Bradley Calkins and Katherine Lindahl are co-CEOs of Rochester Midland.

  • Kelby Russell wants you to know: Local wines are among the world's finest.

  • The number of temporary help employees locally has grown since the recession.

  • Employee cross-training has become essential for organizations to run smoothly.

  • P3 Systems Inc. sells and services new and refurbished networking equipment.

  • Challenges mount for area companies that do business in Russia.

Brooks: COMIDA leads N.Y. in projects, jobs in '12

Rochester Business Journal
July 11, 2013

A report released this week by the state Authorities Budget Office shows the County of Monroe Industrial Development Agency is a pace-setter in economic development, Monroe County Executive Maggie Brooks said Thursday.

COMIDA led New York’s IDAs with 33 new projects and 1,396 new jobs in 2012. 

Its projects more than doubled the second-best total of 16 by the New York City IDA. Its jobs created was six times more than the NYCIDA’s 206.

“For years, we’ve said that all eyes are on Monroe when it comes to creating jobs and growing our economy, and this new report show the eyes of the entire state certainly are on our IDA  in the areas that matter most: new projects and new jobs,” Brooks said in a statement.

COMIDA has created 17,000 jobs, retained 76,000 jobs and invested $4 billion in the local economy since Brooks was sworn in as county executive in 2004, she said.

COMIDA ranks second among county IDAs in exceeding initial job projections for projects approved in 2008 and still active in 2012. The 31 projects approved in 2008 were projected to create 198 jobs and have resulted in 902.

The differential of 704 is second to the Saratoga County IDA, whose one 2008 project has resulted in 1,900 jobs, surpassing by 710 the original projection of 1,190.

The Geneva, Ontario County, IDA ranks first in exceeding expectations, the ABO report shows. The Geneva IDA approved one project with no new jobs originally estimated. The project has resulted in 710 new jobs.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google