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Wellsville wins $4.5M to reinvigorate downtown district

The Allegany County village was awarded $4.5 million in NY Forward funding designed to reinvigorate Wellsville s downtown district. ....

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Air & Gas Compressor Market will surpass USD 45.5 billion by 2030 at a CAGR of 4% till 2030 : GreyViews

The market has been studied for the below mentioned-segmentation and regional analysis for North America, Europe, Asia, South America, and the Middle East and ....

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The biggest oil and gas company takeovers in 2015

The biggest oil and gas company takeovers in 2015
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What's next for new Alstom rail car facility?

Start with moving a whole lot of earth, both above the ground and below.
The City of Hornell Industrial Development Agency this week continued to set the foundation for a new 135,000 square foot rail car manufacturing facility on Shawmut Drive, applying for a $4.5 million grant from the U.S. Economic Development Administration (EDA) to offset some costs associated with the project.
The IDA previously secured a $689,000 loan from the Regional Economic Development and Energy Corporation (REDEC) to make the land in the Shawmut Industrial Park “site ready” for development. The IDA took on the project anticipating Alstom would be awarded a contract by Metra to supply a new fleet of rail cars for the Chicago metropolitan area. That foresight was rewarded earlier this year when Alstom won the contract and moved forward with plans for a new car shell manufacturing facility based in Hornell. ....

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Siemens/Dresser-Rand plant in Wellsville finds new life as county's first industrial park

Siemens/Dresser-Rand plant in Wellsville finds new life as county s first industrial park
The complex has a network of buildings that includes the 386,000-square-foot plant, at 37 Coats St., and an adjoining 40,000-square-foot office building.
Author: James Fink
Updated: 10:07 AM EST January 7, 2021
WELLSVILLE, N.Y. As the last of the Siemens AG/Dresser-Rand plant workers left the 100-acre complex in April, Craig Clark admitted he was concerned about the fate of the sprawling Allegany County industrial complex.
It was a big concern, said Clark, executive director, Allegany County Industrial Development Agency. It kept me up at night.
Then Rochester investors Alan Knauf and Joseph Meindl provided what Clark believes is the answer. Through their Wellsville Business Park LLC affiliate, the two bought the plant and will transform it into Allegany County s first industrial park. The deal closed in December. You can read th ....

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