SINCE 1886, SECURITY MUTUAL LIFE HAS BEEN AN INNOVATOR IN THE LIFE INSURANCE INDUSTRY FOCUSED ON HELPING PROTECT POLICYHOLDERS AGAINST LIFE'S UNCERTAINTIES TAKING PRIDE IN SUPPORTING LOCAL COMMUNITIES FOR 140 YEARS.

SECURITY MUTUAL LIFE, THE COMPANY THAT CARES.

HEALTH ISN'T JUST ABOUT GETTING YOU WELL WHEN YOU ARE SICK.

THAT'S WHY EXCELLUS BLUECROSS/BLUESHIELD IS HERE TO MAKE STAYING ON TRACK FOR A HEALTHY TOMORROW A LITTLE EASIER EVERY DAY.

COMING UP, WE HEAD DOWN TO BINGHAMTON TO LEARN ABOUT THE HISTORY OF MANUFACTURING IN BROOME COUNTY, THEN WE'LL EXPLORE THE REGION'S OPPORTUNITY TO BE A PART OF THE MICRON ECOSYSTEM.

AND FINALLY, DAVID CHANATRY TALKS ABOUT THEIR PREPARATIONS FOR ATTRACTING MICRON SUPPLY CHAIN.

YOU MAKE YOUR OWN WAY, YOU DEFINE YOUR OWN PATH.

AND WITH OUR BUSINESS TOOLS, WE WANT TO HELP YOU DO IT EVEN BETTER.

TO ALL THE SMALL BUSINESSES IN BROOME COUNTY, WE GOT YOU.

SUPPORT FOR THIS SPECIAL PROGRAMMING IS BROUGHT TO YOU BY VISIONS FEDERAL CREDIT UNION, SERVING MEMBERS THROUGHOUT THE REGION.

MORE INFORMATION IS AVAILABLE AT VISIONSFCU.ORG.

""ON THE MONEY" WITH LAIZA SEMIDEY AND DAVID CHANATRY IS BROUGHT TO YOU BY MEMBERS OF WCNY.

THANK YOU.

♪ ♪ ♪ ♪ >> WELCOME TO THEY SPECIAL REPORT OF ""ON THE MONEY."

WCNY'S PHENOMENON AND ECONOMIC DEVELOPMENT PROGRAM.

I'M YOUR HOST LAIZA SEMIDEY.

PREVIOUSLY IN THIS SERIES WE HAVE TALKED ABOUT THE SEMICONDUCTOR INDUSTRY COMING TO CENTRAL NEW YORK.

MICRON'S FACILITY IN CLAY WILL BE THE LARGEST SEMICONDUCTOR MANUFACTURERRING SITE IN THE UNITED STATES.

A FACILITY OF THIS MAGNITUDE WILL NOT ONLY AFFECT CLAY IN SYRACUSE, IT WOULD ALSO HAVE AN IMPACT UPON NEIGHBORING COMMUNITIES THAT SIT ALONG INTERSTATE 90 OR 81.

OUR REPORT BRINGS US TO BROOME COUNTY WHO FEELS POISED TO ATTRACT MICRON SUPPLY CHAIN AND MICRON EMPLOYEES.

BEFORE WE LOOK AT THE COUNTY'S PLAN TO BRING NEW PEOPLE AND BUSINESSES TO THE AREA, WE FIRST NEED TOE LOOK AT THE REGION'S HISTORY OF INNOVATION.

FROM 1850 TO 1950, BROOME COUNTY EXPERIENCED RAPID GROWTH WITH THE VARIETY OF INDUSTRIES CALLING THE AREA HOME.

CIGAR AND SHOE MANUFACTURING SPARKED THIS PROGRESS THAT WOULD LATER EVOLVE TO FILM, FLIGHT SIMULATORS AND COMPUTER PRODUCTION.

ALL OF THESE INDUSTRIES REQUIRED A SKILLED WORKFORCE THAT HAS BEEN RETAINED IN THE REGION OVER THE YEARS.

EVEN AFTER THE DEPARTURE OF I.B.M.

THE WORKFORCE RETENTION AND THE AREA'S CENTRAL LOCATION IS WHY BROOME COUNTY FEELS ADAPTING ONCE AGAIN IS WITHIN REACH.

>> WE ARE JUST THE RIGHT SIZE, YOU KNOW.

WE ARE NOT TOO SMALL, NOT TOO BIG, BUT IF YOU WANT TO ACCOMPLISH SOMETHING, YOU CAN.

WITHOUT THOSE, WE ARE SITTING IN THE MIDDLE OF NOTHING.

THERE IS NO WAY PEOPLE AND GOODS COULD GET HERE.

AND THE FIRST THING THAT HAPPENED WAS THE CRN-- THE CIGAR INDUSTRY STARTED.

FIRST OF ALL, PEOPLE WERE MAKING CIGARS IN THE EARLY 1800S.

IT WAS BEING GROWN.

ANY FLAT AREA ALONG THE SUSQUEHANNA RIVER WAS PRIMED FOR GROWING TOBACCO.

AND IT WAS.

PEOPLE SMOKED CIGARS.

THEY WOULD ROLL THEM FOR PERSONAL USE.

ONE GUY HAD THE IDEA OF, HEY, LET'S DO THIS COMMERCIALLY.

HE WAS FOLLOWED BY A COUPLE OF OTHERS THAT DECIDED TO DO THE SAME THING, AND IT JUST GREW EXPONENTIALLY, EXTREMELY FAST.

♪ ♪ >> THE COMPANY GREW FAST.

THEY ADDED Mr.

BUILDINGS.

THEY HAD TO FIND NEW PROPERTY TO BUILD THE BUILDINGS.

SO THEY EXPANDED TO THE WEST.

THEY ACTUALLY BUILT TWO CITY AS ROUND THE PHAK-- FACTORIES, JOHNSON CITY AND ENDICOTT.

HE HAD WORKED HIS WAY THROUGH THE RANKS IN THAT BUSINESS.

SO HE KNEW WHAT HE WAS DOING.

AND HE KNEW WHAT IT WAS LIKE TO DO A JOB, YOU KNOW, 10 HOURS A DAY.

HOUSES WERE BUILT, HEALTHCARE WAS FREE.

JOHNSON HAD CHURCHES BUILT, PARKS BUILT ALL OVER THE PLACE.

HE SPARED NO EXPENSE FOR THE EMPLOYEES.

STARTING WITH BUNDY MANUFACTURING COMPANY, MADE TIME RECORDING CLOCKS AND THEY CAME DOWN AND SET UP A SHOP ON WASHINGTON STREET HERE IN BINGHAMTON.

AND IT STARTED DOING VERY WELL.

SO THEY BUILT A NEW BUILDING IN ENDICOTT, AND THEN MEANWHILE, TWO OTHER COMPANIES, ALL THREE COMPANIES ENDED UP MERGING TO FORM WHAT WOULD ULTIMATELY BECOME I.B.M.

THERE WERE A LOT OF SPINOFFS OF I.B.M.

A LOT OF ELECTRONICS COMPANIES, ELECTRONICS MANUFACTURING COMPANIES.

SUPPORT ORGANIZATIONS.

THAT STILL CONTINUED ON AFTER I.B.M.

WAS GONE.

I HAVE BEEN OPTIMISTIC ABOUT THIS PLACE SINCE I GOT HERE 27 YEARS AGO.

AND AT THAT TIME, IT WASN'T A VERY EXCITING PLACE TO BE.

AND OVER THE YEARS, I HAVE SEEN IT GETTING BETTER AND BETTER AND BETTER.

WE ARE MOVING IN THE RIGHT DIRECTION.

THE MORE SUCCESS STORIES WE CAN GET UNDER OUR BELT, THE EASIER IT WILL BE TO ATTRACT MORE COMPANIES AND MORE POTENTIAL EMPLOYEES.

>> THANK YOU, ROGER FOR TAKING THE TIME TO SHARE BROOME COUNTY'S HISTORY WITH US.

UP NEXT, FOR OUR COMMON SENSE SEGMENT WE WILL BE TALKING ABOUT THE REGION'S WORKFORCE DEVELOPMENT FOR THE SEMICONDUCTOR INDUSTRY WITH MATT SHEEHAN FROM BROOME COUNTY BOCES.

THANK YOU FOR JOINING US TODAY.

>> THANK YOU FOR HAVING ME TODAY.

>> TELL ME ABOUT THE PROGRAMS THAT PEOPLE CAN FIND AT BOCES OVER IN BROOM TIOGA COUNTY.

>> OUR BOCES OFFERS A RANGE OF PROGRAMS FROM COUGHS TOLL JI HVAC, JUNIORS AND SENIORS IN HIGH SCHOOL AND ADULTS AND P-TECH PROGRAMMING THAT LEADS TO COLLEGE ASSOCIATES DEGREES THAT ARE IN HIGH DEMAND FIELDS.

>> SO YOU TALKED A LITTLE BIT ABOUT YOUTH, HIGH SCHOOL, ADULT LEARNERS.

WHAT ARE SOME OF THE SKILLS THAT THE SEMICONDUCTOR INDUSTRY IS LOOKING FOR.

>> I THINK THE SKILLS THE SEMICONDUCTOR INDUSTRY IS LOOKING FOR IS GOING TO BE INTERESTING.

TEND OF THE DAY, ALL-- AT THE END OF THE DAY ALL INDUSTRIES ARE LOOKING FOR DURABLE SKILLS, PROBLEM SOLVERS, CULTURALLY RESPONSIVE PEOPLE, INNOVATIVE THAT CAN COMMUNICATE AND WHEN YOU GET INTO THE SEMICONDUCTOR YOU ARE GOING TO BE LOOKING FOR A LITTLE MORE TECHNICAL HANDS ON, THE ABILITY HIVE BUT OFTEN PEOPLE OVERLOOK CERTAIN CAREERS LIKE THE KIDS COME HERE FOR AUTO TECHNOLOGY, THEY MAKE GREAT AASSEMBLY BELIEVERS.

THIS IDEA OF IT BEING IN THE ONE FIELD IS HARD.

WE HAVE LOOKED AT HIGH PURITY WELDING, THINGS OF THAT NATURE TO CHANGE WHAT WE ARE DOING HERE >> ANY CERTIFICATIONS THAT THAT OUR YOUNG PEOPLE OR ADULT LEARNERS SHOULD BE FOCUSED ON?

>> YEAH, I THINK THERE ARE LOTS OF CERTIFICATIONS WHEN YOU TALK ABOUT THAT AND CERTIFICATIONS AR A HUGE PIECE THEY SHOULD THINK ABOUT.

IT'S ONE THING TO SAY I'M A WELDER, ANOTHER THING TO SAY I'M AT THE AES STANDARD FOR WELDING OR ANOTHER THING TO SAY I'M AN OSHA 10 SAFETY OFFICER OR TO HAVE THE ACTUAL CERTIFICATION.

YOU CAN'T REPLICATE THOSE WITHOUT DOING THE SAME THINGS.

IT'S GOOD FOR OUR STUDENTS TO HAVE THOSE IN THE FUTURE.

>> WHAT CAN WE DO AS A REGION TO HELP SHEPHERD OUR YOUTH AND LOCAL TALENT TO ENTER THIS INDUSTRY?

>> I THINK THAT ONE OF THE THINGS PEOPLE ARE GOING TO MISS IN THIS IS THE ADJOINING INDUSTRIES.

SO DON'T GET ME WRONG.

YOU ARE GOING TO DO SOME OF THE THINGS I TALKED ABOUT, HIGH PURITY WELDING, SOLDERING, HOW CIRCUITS ARE PUT TOGETHER.

BUT I WANT TO CALL ATTENTION TO THE JOBS, THE THE ASSEMBLERS.

YOU ARE GOING TO NEED 5,000 TOUCH MANUFACTURERS AND ENGINEERS AND PEOPLE WHO SUPPORT THAT INDUSTRY WITHIN IT.

>> HUMAN RESOURCES, MAKING SURE PEOPLE ARE GETTING PAID, PAYROLL AND ALL THOSE GOOD THINGS.

MATT, I WANT TO THANK YOU FOR JOINING US TODAY AND GIVING US A SNIPPET INTO THE WORLD OF SEMICONDUCTOR AND WORKFORCE DEVELOPMENT IN OUR REGION.

THANKS AGAIN.

>> THANK YOU.

>> TODAY FOR OUR TECH BITE SEGMENT WE ARE TALKING ABOUT THE BROOME TECHNOLOGY PARK BEING DEVELOPED AS A RESPONSE OF DECLINE OF INDUSTRY OVER PAST FEW YEARS.

FORMER MANUFACTURING FACILITIES THAT ONCE POWERED THE LOCAL ECONOMY HAVE BEEN REPURPOSED TO MEET THE NEEDS OF TODAY.

LIKE BINGHAMTON'S OLD FIRST WARD POWER PLANT THAT WAS CONVERTED INTO A CLEAN ENERGY MANUFACTURING SITE THAT PRODUCES HIGH EFFICIENCY BUILDING PANELS.

BUT WITH THE COMING OF MICRON, BROOME COUNTY UNDERSTANDS THAT REPURPOSING OLD MANUFACTURING FACILITIES WILL NOT BE ENOUGH.

THE PROPOSED TECHNOLOGY PARK WILL PROPROVIDE SHOVEL READY SITES THAT ARE ADAPTABLE TO MEET THE NEEDS OF ADVANCED MANUFACTURERS.

A PROVEN PLAN THAT HAS WORKED PREVIOUSLY FOR SARATOGA COUNTY THAT ATTRACTED A SEMICONDUCTOR MANUFACTURER GLOBAL GLOBAL FOUNDRIES.

LET'S TAKE A LOOK.

>> THE LARGEST INDUSTRIAL INVESTMENT IN NEW YORK STATE HISTORY IS HAPPENING HERE IN SYRACUSE AND CENTRAL NEW YORK IN THE HEART OF THE STATE.

AND IT IS TO OUR COLLECTIVE ADVANTAGE TO HAVE OTHER PARTS OF NEW YORK STATE RISE ALONG WITH IT.

WE HAD THE LOCAL ORGANIZATION HERE WITH CEG, THE CENTER FOR ECONOMIC GROWTH.

THEIR LEADERSHIP DECIDED THEY WANTED TO CREATE A NANO TECHNOLOGY HUB HERE AND SO WE STARTED INVESTING IN OUR EDUCATOR, SO WE WOULD HIRE RESEARCHERS.

WE PUT PROGRAMS TOGETHER TO COMMERCIALIZE FROM STATE FUNDED COMMERCIALIZATION OF UNIVERSITY EFFORTS.

BY BUILDING THAT ECOSYSTEM, THAT STRUCTURE, UNDERLYING INFRASTRUCTURE, THE TOOLS WERE HERE BECAUSE YOU ARE BRINGING IN ONE OF THE MOST ADVANCED TECHNOLOGIES IN THE WORLD AND ENABLING TECHNOLOGY THAT BASICALLY ENABLES EVERYTHING THAT WE HAVE THAT'S ELECTRONIC.

YOU CAN'T JUST DROP THAT IN.

WE HAD TO KNOW HOW TO BUILD IT, WE HAD TO KNOW HOW PEOPLE WERE EDUCATING AND FRANKLY, THE COMMUNITY ITSELF, YOU HAVE TO REALLY UNDERSTAND THE PEOPLE THAT ARE COMING HERE.

A LOT OF THIS STUFF IS ALREADY IN BINGHAMTON BECAUSE OF THE RESEARCH THAT IS DONE AT SUNY BINGHAMTON.

YOU HAVE TO THE MACHINES.

SO TO BUILD ONE OF THESE MACHINES, THESE MACHINES ARE HUNDREDS OF MILLIONS OF DOLLARS.

AND WHAT HAPPENS IS WHEN THEY ARE BUILT, THEY HAVE A TEAM.

THAT SAME TEAM GOES WITH THAT MACHINE WHEN IT IS SHIPPED OVER HERE.

THAT TEAM STAYS OVER HERE AS LONG AS THAT MACHINE IS HERE BECAUSE THEY'RE THE ONES WHO HAVE TO MAINTAIN AND OPERATE IT.

IT HAS TO BE CALIBRATED AND MAINTAINED ON A DAILY BASIS.

SO EVERY ONE MACHINE THAT COMES IN-- AND THERE ARE MULTIPLE MACHINES-- YOU GET A TEAM OF PEOPLE THAT COME IN WITH THAT.

>> BROOME TIOGA BOCES IS DOING A FANTASTIC JOB TRAINING PEOPLE FOR THE BASIC MANUFACTURING JOBS OF THE 21st CENTURY.

JUST OPERATING THE MACHINE IS NOT ENOUGH.

HAVE YOU TO BE TRAINED IN SOFTWARE, PROBABLY TRAINED IN A.I.

HAVE A VARIETY OF SKILLS; A LOT OF WHICH DO NOT REQUIRE A COLLEGE DEGREE.

I THINK THE OTHER THING THAT WE ARE DOING IS WE ARE TALKING TO MANUFACTURING COMPANIES ABOUT A PREEMPLOYMENT TRAINING.

SO IT HELPS THEM WEED OUT MAYBE AND FIND THE BEST EMPLOYEES.

BUT THEN IT ALSO CREATES A HUGE POPULATION OF BASICALLY TRAINED MANUFACTURING PROFESSIONALS.

AND IT ALSO MAKES US MORE COMPETITIVE WHEN THE NEXT MANUFACTURER DECIDES WHERE ARE WE GOING TO SEAT OUR BUSINESS?

IT'S GOING TO BE THE BINGHAMTON REGION BECAUSE THEY HAVE THE WORKFORCE THAT IS TRAINED.

>> THE WAY ECONOMIC DEVELOPMENT WORKS IN THE COUNTRY RIGHT NOW, WE DIDN'T WRITE THE RULES BUT THE WAY THAT IT WORKS, STATE INCENTIVES PLAY TREMENDOUS ROLE IN BRINGING THE SUPPLIER HERE.

THEY'RE GOING TO CHOOSE THE RIGHT SITE FOR THEM.

BUT THE COUNTY AND THE STATE, THEY HAVE THE MONEY.

AND UNFORTUNATELY THE WAY THE GAME WORKS RIGHT NOW IS WHO IS GOING TO GIVE US THE BIG BIGGEST AMOUNT OF INCENTIVES WHERE WE ARE GOING TO PUT THE SITE.

YOU HAVE TO HAVE A GREAT LOCAL STORY AND THAT IS YOU HAVE THE HOSPITALS, YOU HAVE THE SCHOOL SYSTEMS, YOU HAVE THE CULTURAL INSTITUTIONS AND THE CULTURAL DIVERSITY SO WHEN SOMEONE COMES IN IN CHINA OR SOMEONE COMES IN FROM GERMANY, THEY WANT TO FIND LIKE PEOPLE.

THEY WANT TO KNOW THEY CAN EAT.

THEY WANT TO KNOW IF THEY CAN PUT THEIR KIDS IN SCHOOL INTO THE SCHOOL SYSTEM.

AND SO THAT WAS A BIG DEAL AROUND HERE, TOO, IS REALLY FINDING THE SENSE OF COMMUNITY FOR THE WORKERS AND THE FOLLOW ALONG FAMILIES AND BINGHAMTON HAS THAT FOR SURE.

>> FOR OUR BY THE NUMBERS SEGMENT TODAY WE WILL BE TAKING A CLOSER LOOK AT THE BROOME TECHNOLOGY PARK.

THE BROOME TECHNOLOGY PARK IS A PROPOSED 500 PLUS ACRE MIXED USE DEVELOPMENT RIGHT IN BETWEEN AIRPORT ROAD AND EAST MAIN ROAD.

THE PROJECT HAS RECEIVED FUNDING FROM EMPIRE STATE DEVELOPMENT WHERE THEY ARE GOING TO FOCUS ON MAKING SURE THAT THE SITE IS SHOVEL READY FOR MANUFACTURING AND THE FUNDS ARE ALSO GOING TO COVER SOME POWER AND WASTE WATER INFRASTRUCTURE NEEDS THAT THE TECH PARK MAY NEED.

ADDITIONALLY, ABOUT 385 ACRES OF THIS SITE WILL BE FOCUSED ON JUST GREEN SPACE.

NOW, LET'S TALK A LITTLE BIT ABOUT SOME OF THE INDUSTRIES THAT THEY'RE TRYING TO ATTRACT.

THE FIRST IS SEMICONDUCTOR PACKAGING, WHICH MAKES A LOT OF SENSE.

ADVANCED ELECTRONICS, AND LIFE SCIENCES.

THE GOAL OF THIS SITE IS TO ATTRACT SUPPLIERS TO BROOME COUNTY MUCH THE DATA POINT THAT I LOVE MOST ABOUT THIS IS THAT THEORIES MATING ABOUT 7,000 JOBS IN THE AREA, WHICH IS ROUGHLY ABOUT $2.3 BILLION OF ECONOMIC ACTIVITY AT FULL BUILDOUT.

THOSE ARE YOUR NUMBERS FOR TODAY.

WE CONTINUE WITH OUR SPOTLIGHT SERIES WITH DAVID CHANATRY.

THE SERIES HIGHLIGHTS BUSINESSES AND PEEP DOING SOMETHING SPECIAL IN OUR AREA.

MICRON'S ARRIVAL IN CENTRAL NEW YORK IS GETTING CLOSER.

WITH IT COMES INCREASING EXCITEMENT FROM NEIGHBORING COMMUNITIES ACROSS THE STATE WHO UNDERSTAND THE TRICKLE DOWN POSSIBILITIES THAT WILL COME WITH THE FAB FACILITY.

BROOME COUNTY EXECUTIVE JASON GARNER AND EXECUTIVE DIRECTOR OF OBAMA COUNTY'S EXECUTIVE DEMENTIA AGENCY STACY DUNCAN BOTH BELIEVE THAT THIS IS THE OPPORTUNITY FOR BROOME COUNTY TO RIDES UP ONCE AGAIN INVESTING THE REGION'S WORKFORCE DEVELOPMENT AND MANUFACTURING FACILITIES TO HELP ATTRACT NEW ADVANCED MANUFACTURERS THAT COULD SUPPORT MICRON BUT THERE ARE STILL SOME OBSTACLES THAT JASON AND STACY NEED TO OVERCOME IN ORDER TO FULLY SEIZE THIS MOMENT.

OUR DAVID CHANATRY STAT DOWN WITH JASON AND ASSISTS TOE DISCUSS THESE INVESTMENTS, THEIR CHALLENGES AND WHY THEY FEEL BROOME COUNTY WILL ATTRACT AND RETAIN ADVANCED MANUFACTURERS, ALONG WITH SOME MICRON EMPLOYEES, TOO.

>> SO MICRON IS TRANSFORMATIVE, PRESUMABLY FOR, YOU KNOW, NOT JUST SYRACUSE BUT BEYOND.

HOW CAN THIS REGION SORT OF SEIZE THAT MOMENT?

>> INVESTMENTS LIKE THAT CAN'T HAPPEN IN A BUBBLE OR IN A VACUUM.

MICRON IS GOING TO NEED A ROBUST ECOSYSTEM AROUND IT TO MAKE IT SUCCESSFUL.

SO, YOU KNOW, FOR US IN THE SOUTHERN TIER AND IN BROOME COUNTY, IT'S A TREMENDOUS OPPORTUNITY TO WORK QUICKLY AND INTENTIONALLY TO BUILD OUT THE PROPER SITES, INFRASTRUCTURE, TO BE READY FOR THAT INVESTMENT BECAUSE THEY'RE GOING TO NEED SUPPLY CHAIN.

THEY'RE GOING TO NEED WORKFORCE, THEY'RE GOING TO NEED HOUSING.

THEY'RE TRULY GOING TO NEED EVERYTHING, AND OUR PROXIMITY MAKES US VERY WELL POSITIONED TO SUPPORT THAT.

>> SO, JASON, THEN, WHAT SPECIFICALLY DO YOU NEED TO DO?

OR WHAT ARE YOU ALREADY DOING TO BE PREPARED FOR WHAT IS ONLY A COUPLE YEARS AWAY?

>> THE BIGGEST THING WE ARE DOING IS WE ARE DEVELOPING A TECHNOLOGY PARK THAT CAN TAKE ADVANTAGE OF ALL THE SUPPLY CHAINS THAT WANT TO COME HERE.

BUT ALSO TO SUPPORT THAT TECHNOLOGY PARK, IF WE ARE GOING TO HAVE THOUSANDS OF PEOPLE WORKING AT THE TECHNOLOGY PARK TO SUPPLY MICRON, WE ARE GOING TO NEED THOUSANDS OF MORE HOMES.

SO RIGHT NOW WE ARE UNDER CONSTRUCTION ABOUT 2,000 UNITS OF HOMES.

>> YOU ARE DOING THAT PROSPECTIVELY IN THE HOPES THAT THOSE SUPPLY CHAIN COMPANIES DO ACTUALLY COME AND PEOPLE ARE GOING TO WANT THOSE HOMES?

>> NO?

>> HOW DOES THAT WORK?

WHERE DOES THE MONEY COME FROM?

>> WE DID A STUDY A COUPLE YEARS AGO AND WE NEED 6,000 MORE UNITS OF HOUSING LIKE TODAY.

RIGHT NOW.

AND TO ANSWER YOUR QUESTION WHERE THE MONEY COMES, WHEREVER WE CAN GET IT.

A LOT OF OUR MONEY COMES FROM RECENT INVESTMENTS THAT HAVE BEEN MADE BY THE STATE OF NEW YORK IN HOUSING, TAKING ADVANTAGE OF A LOT OF DOLLARS TO BE ABLE TO DO THAT.

THE COUNTY CREATED ITS OWN HOUSING FUND TO BE ABLE TO LEVERAGE MORE DOLLARS THAN JUST HAVING CONVERSATIONS WITH STACY AND OTHER DEVELOPERS AND SEEING THE OPPORTUNITY THAT THEY HAVE TO BUILD HAS CERTAINLY HELPED US AS WELL.

>> OKAY, SO, STACY, HOW IS BROOME COUNTY POSITIONED?

>> VERY STRONGLY.

WE ARE THE GATEWAY TO INTERSTATE 81 WHEN YOU ARE COMING INTO NEW YORK STATE.

THAT IS SOMETHING THAT SUPPLY CHAIN COMPANIES ARE GOING TO LOOK AT VERY CLOSELY.

BUT ALSO WHEN WE ARE LOOKING AT OTHER ASSETS THAT POSITION US WELL, AGAIN THAT CLUSTER DEVELOPMENT, THE COMPANIES WANT THE ACCESS TO HIGHER EDUCATION, RESEARCH AND DEVELOPMENT.

BINGHAMTON UNIVERSITY IS THE STATE CENTER OF EXCELLENCE FOR RESEARCH AND DEVELOPMENT IN ADVANCED ELECTRONICS.

>> WHAT ARE YOU ACTUALLY DOING TO RECRUIT COMPANIES RIGHT NOW?

>> SO, WE ARE WORKING, YOU KNOW, AS THE COUNTY EXECUTIVE MENTIONED, ONE OF THE FIRST THINGS HAVE YOU TO HAVE ARE GOOD SITES FOR THEM TO COME TO.

THAT'S ONE THING WE HAVE TRAVELED TO DIFFERENT INDUSTRY CLUSTERS IN THE NORTHEAST AND TO CANADA, INTO GERMANY WHERE THERE IS A STRONG SUPPLY CHAIN ECOSYSTEM.

BUT WE ARE ALSO WORKING CONCURRENTLY TO BRING, YOU KNOW, BRING TO BEAR EXISTING SITES.

WE ARE DOING A FULL RANGE MASTER PLAN FOR THE FORMER I.B.M., THE HUMAN RESOURCE HURON CAMPUS.

HOW DO WE MAKE AN INDUSTRIAL SITE LIKE THAT READY FOR THE OPPORTUNITIES.

SO WE ARE LOOKING AT THE MAYBE THE SHORT-TERM, IF YOU WILL, THE IMMEDIATE NEEDS WITH LONG-TERM HOW DO YOU BUILD OUT INTO THE NEXT SEVERAL DECADES TO SUPPORT THAT?

>> AND TO ADD ON TO THAT, THERE ARE OTHER WAYS TO RECRUIT THAT COMPANIES ARE LOOKING AT.

SO ONE OF THE THINGS WE TALKED ABOUT IS HOUSING.

HAVING THINGS FOR PEOPLE TO DO, HAVING A LOT OF BEAUTIFUL PARKS, MAKING INVESTMENTS IN PARKS, LIKE WE'VE JUST DONE RECENTLY HAVING A PROFESSIONAL HOCKEY TEAM THAT JUST WON THEIR THIRD STRAIGHT CHAMPIONSHIP.

WE HAVE A NUMBER OF THEATER VENUES.

SO HAVING THINGS TO DO AND HAVING ATTRACTIVE AREA FOR PEOPLE TO WANT TO COME TO BUY A HOUSE AND, YOU KNOW, LAY DOWN ROOTS AND, YOU KNOW, FOLLOW A COMPANY THAT IS BUILDING OUT IS REALLY IMPORTANT AS WELL.

>> THAT ALL SOUNDS GREAT.

WHAT ARE SOME OF THE ROAD BLOCKS THAT YOU ARE CONCERNED ABOUT?

>> SO ONE EFFORT THINGS I MENTIONED WAS POWER.

IT'S INCREDIBLY DIFFICULT FOR ME TO JUST SNAP MY HANDS AND SAY OKAY I NEED 300 MEGAWATTS TOMORROW.

IT REQUIRES A LOT OF CONVERSATIONS WITH THE FEDERAL AND STATE GOVERNMENT, WITH STACY AND HER PARTNERS, MAKING SOME INVESTMENTS AS WELL.

ADVOCATING FOR IT AND PLANNING FOR IT PROBABLY MOST IMPORTANTLY >> SO, I MEAN, IS THE POWER COMING?

HAVE YOU SUCCEEDED IN STREAMLINING THINGS TO GET-- >> YOU KNOW, IT'S A WORK IN PROGRESS FOR SURE.

I MEAN WE ARE WORKING VERY DILIGENTLY IN THE SUPPORTING ALL OF THE APPROVE APPROACH-- ALL OF THE ABOVE APPROACH.

WE ARE IN THE MIDDLE OF A NEW YORK STATE INDEPENDENT SYSTEMS OPERATOR HOW TO GET MAXIMUM POWER AT THE BROOME TECH PARK WHICH ALSO THE INFRASTRUCTURE THERE FEEDS OTHER SITES IN OUR COMMUNITY.

SO DOING THE COMPREHENSIVE AND INTENTIONAL STUDIES AND WORK TO DO THAT IS GOING TO BEAR FRUIT IN THE LONG-TERM.

>> SO WHY HERE?

WHY NOT THE SITE IN MARCY WHICH IS ALREADY BUILT OUT?

OR SOMETHING IN ROCHESTER WHICH HAS THE TECHNOLOGY HISTORY AS WELL?

>> BECAUSE WE HAVE A HISTORY AND LEGACY OF ADVANCED ELECTRONICS.

I MEAN OUR COMMUNITY WAS BUILT IN KNOW-HOW AND INNOVATION IN ADVANCED ELECTRONICS.

WE STILL HAVE A LOT OF THE LEGACY WORKFORCE AND BUILDING A NEW WORKFORCE THROUGH BINGHAMTON BINGHAMTON UNIVERSITY.

WE HAVE THE INNOVATION MIND SET HERE.

TO THE COUNTY EXECUTIVE'S POINT ON THE OVERALL QUALITY OF LIFE AND THE INDUSTRY KNOW HOW, IS GOING TO POSITION US WELL FOR THAT.

>> I JUST WANT TO RETURN FOR A MOMENT TO SUPPLY CHAIN.

WHAT IS IT SPECIFICALLY THAT YOU ARE HOPING TO OR WHO IS IT, WHAT ARE YOU HOPING WILL COME HERE TO SUPPLY MICRON UP THERE.

>> THE EQUIPMENT COMPANIES THEY NEED PROXIMITY TO.

ADVANCED PACKAGING AN AREA OF REALLY UNIQUE OPPORTUNITY.

AGAIN BINGHAMTON UNIVERSITY, WHO IS THE STATE CENTER OF EXCELLENCE IN PACKAGING, SO WE HAVE THE KNOW-HOW AND INNOVATION TO BE LOCATED NEAR THAT AS WELL.

SO NEW TECHNOLOGIES CAN BE TESTED HERE AND WHEN WE ARE LOOKING AT THE OVERALL ECOSYSTEM, THAT'S A REALLY STRONG AREA.

>> SO AT THE END OF THE DAY, WHAT DOES SUCCESS LOOK LIKE?

>> YEAH YOU KNOW, I THINK SEEING OUR LARGER ECONOMIC DEVELOPMENT SITES, SEEING THEM READY AND YOU KNOW, HAVING COMPANIES COME AND INVEST AND HAVING COMPANIES THAT ARE HERE ALREADY EXPAND AND GROW.

WE HAVE A COMPANY LIKE UNIVERSAL INSTRUMENTS HERE THAT SUPPORTS THE SEMICONDUCTOR ECOSYSTEM.

SEEING THEIR GROWTH INTERNALLY IS ANOTHER MEASURE OF SUCCESS.

SO I THINK SEEING THE INVESTMENT COME TO THIS AREA, COUPLED WITH THE WORK THAT WE ARE DOING TO BUILD HOMES AND PROVIDE FUTURES FOR PEOPLE.

>> EVEN THOUGH I'M A DATA PERSON, WHAT I WOULD LIKE TO HAVE IS A COMMUNITY WHERE YOUR KID CAN MAKE A LIVING HERE NO MATTER WHAT THEY WANT TO DO.

THEY DON'T HAVE TO GO SOMEWHERE ELSE TO GET A JOB.

THEY HAVE EVERY OPPORTUNITY TO HAVE A GREAT JOB, HAVE A NICE HOUSE, YOU KNOW, HOW HAVE A-- HAVE A NICE LIVING HERE IN BROOME COUNTY.

>> WILL WE SEE THAT?

>> YES.

>> YOU KEEP REFERRING TO THE SITE DEVELOPMENT.

WHEN WILL THOSE SITES BE READY FOR THESE TECH COMPANIES OR MANUFACTURING COMPANIES TO COME IN AND SUPPLY MICRON?

>> WELL, WE HAVE-- WHEN WE ARE TALKING ABOUT THE HURON CAMPUS, WE HAVE A SITE READY.

IT'S A QUESTION OF WHAT DOES THE COMPANY NEED AND HOW DO WE MAKE SURE THAT ADDITIONAL INVESTMENT IS THERE?

AND WE DO THAT BY WORKING WITH NEW YORK STATE, WITH EMPIRE STATE DEVELOPMENT, WITH OUR FEDERAL PARTNERS.

SO WE DO HAVE A LEGACY INDUSTRIAL SITE THAT HAS SPACE AND OPPORTUNITY TO SUPPORT NOW.

AND THEN WHEN WE LOOK INTO THE FUTURE WITH THE BROOME TECHNOLOGY PARK, WE'VE JUST COMPLETED A MAJOR MILESTONE, WHICH IS A TWO-YEAR ENVIRONMENTAL IMPACT STUDY.

SO OUR GOAL IS TO DO ALL THAT WORK ON THE FRONT END SO THAT TWO YEARS FROM NOW, WHEN WE WANT TO START PUTTING THE INFRASTRUCTURE IN, THERE IS PREDICTABILITY FOR THE LOCAL GOVERNMENTS, FOR DEVELOPERS, THEY KNOW EXACTLY WHAT, YOU KNOW, WHAT HAS BEEN DONE AND HOW THEY NEED TO BUILD AND FOR THE COMMUNITY AS A WHOLE.

>> IS THAT TOO LATE?

>> NO, I DON'T THINK SO.

I THINK THE MICRON PROJECT IS GOING TO TAKE YEARS TO BUILD.

I THINK, YOU KNOW, ONCE THOSE SHOVELS-- ONCE BUILDING AND STEEL IS UP, THEN THINGS ARE GOING TO BE MOVING QUICKLY BUT I THINK WE ARE WELL TIMED TO BE READY FOR THEM.

>> I THINK AS STACY SAID, AT THE FORMER I.B.M.

SITE, WE JUST DEMOLISHED ALMOST ALL THE OLD I.B.M.

BUILDINGS, THE TO PAVE WAY FOR A NICE CLEAN SITE.

SO WE ARE READY TO TAKE COMPANIES THAT ARE READY TO COME IN RIGHT NOW.

WE ARE BUILDING FOR THAT FUTURE, THE TWO, THREE, FOUR YEARS OUT THAT CERTAINLY MICRON IS GOING TO BRING IN THAT OPPORTUNITY THERE.

>> JASON GARNER, STACY DUNCAN, THANK YOU VERY MUCH.

>> THANK YOU.

>> THANK YOU.

>> BIG THANKS TO JASON GARNER AND STACY DUNCAN FOR TAKE TAKING THE TIME TO TALK WITH US.

THAT CONCLUDES OUR SPECIAL REPORT FOR TODAY ON MICRON'S RIPPLE EFFECTS IN BROOME COUNTY.

IF YOU WOULD LIKE TO VIEW PAST EPISODES OF THE SERIES OR WATCH THE ROUNDTABLE DISCUSSION WITH BROOME COUNTY LEADERS ABOUT MICRON'S IMPACT, VISIT OUR WEBSITE WCNY.ORG/"ON THE MONEY."

I'M LAIZA SEMIDEY.

THANKS AGAIN FOR WATCHING.

YOU MAKE YOUR OWN WAY, YOU DEFINE YOUR OWN PATH.

AND WITH OUR BUSINESS COOLS, TOOLS WE WANT TO HELP YOU DO IT EVEN BETTER.

TO ALL THE SMALL BUSINESSES IN BROOME COUNTY, WE GOT YOU.

SUPPORT FOR THIS SPECIAL PROGRAMMING IS BROUGHT TO YOU BY VISIONS FEDERAL CREDIT UNION, SERVING MEMBERS THROUGHOUT THE REGION.

MORE INFORMATION IS AVAILABLE AT VISIONSFCU.ORG.

SINCE 1886, SECURITY MUTUAL LIFE HAS BEEN AN INNOVATOR IN THE LIFE INSURANCE INDUSTRY, FOCUSED ON HELPING PROTECT POLICYHOLDERS AGAINST LIFE'S UNCERTAINTIES, TAKING PRIDE IN SUPPORTING LOCAL COMMUNITIES FOR 140 YEARS.

SECURITY MUTUAL LIFE, THE COMPANY THAT CARES.

HEALTH ISN'T JUST ABOUT GETTING YOU WELL WHEN YOU ARE SICK.

THAT'S WHY EXCELLUS BLUECROSS/BLUESHIELD IS HERE TO MAKE STAYING ON TRACK FOR A HEALTHY TOMORROW A LITTLE EASIER EVERY DAY.