Wednesday, April 23, 2014

Alert

Follow us:
Follow @NY1 on Twitter Subscribe to this news feed 

News

Cuomo Visits LI Companies That Received State Funds

  • Text size: + -
TWC News: Cuomo Visits LI Companies That Received State Funds
Play now

Time Warner Cable video customers:
Sign in with your TWC ID to access our video clips.

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

Gov. Andrew Cuomo is taking his economic development message on the road, literally. He was on Long Island Friday. NY1's Courtney Gross filed the following report.

On Gov. Andrew Cuomo's road trip to Long Island Friday, the pit stops were about economic development.

A lab dedicated to combating pancreatic cancer. A company developing drugs for lung cancer. And a factory assembling musical instruments.

It was all part of an economic development tour of Long Island, where Gov. Cuomo and his advisors climbed aboard a bus to drop in on companies that received state funds to create jobs.

New York doled out $785 million to 739 projects across the state last year.

One of those projects was at Cold Spring Harbor Lab. $2 million in state funding helped create 30 new jobs.

Funding for one musical instrument manufacturer means more guitar strings and 50 more jobs.

It's part of the governor's regional economic development strategy.

"We started a new economic development plan in this state when I took over about 21 months ago, which is looking to the regions to actually create their own economic futures rather then Albany telling Long Island what to do," Cuomo said.

There was perhaps one unwelcome economic issue that followed the governor to Long Island.

Fracking, the natural gas-drilling practice that is a potential boon for upstate, is one controversial development issue currently on hold.

"We'll have the Department of Health do the review but with the assistance of the best minds to do the most comprehensive public health review ever done before," the governor said.

So for now, economic development is dedicated elsewhere.

Gov. Cuomo will visit projects from all of the regional economic development councils. Later this year, they'll announce a second round of winners. Those winners will then split $762 million.

10.11.12.248 ClientIP: 54.80.12.147, 23.62.6.63 UserAgent: CCBot/2.0 (http://commoncrawl.org/faq/) Profile: TWCSAMLSP