New York is investing more than $43 million to prepare five upstate sites for new manufacturing and high-growth industries.
The latest round of FAST NY grants will fund infrastructure upgrades in Albany, Erie, Fulton, Herkimer, and Orange counties, aiming to make large sites ready for employers looking to build quickly.
What FAST NY does
FAST NY, short for Focused Attraction of Shovel-Ready Tracts New York, helps communities upgrade land so companies can move in without long delays. The program supports roads, water and sewer systems, power, and other infrastructure critical for advanced manufacturing.
Since the program launched, New York has awarded more than $326 million to 39 sites across upstate. The state also added another $100 million to FAST NY in the current budget year.
Where the money is going
The largest award, $25.48 million, will go to the Village of Maybrook in Orange County. The funding will help redevelop the long-vacant Maybrook Rail Yard into the Switchyard Terminal for Economic and Advanced Manufacturing, creating six rail-accessible building sites about 75 miles from New York City.
Fulton County will receive $8.99 million to revitalize Tryon Technology Park, a former state juvenile correctional facility in Perth. The upgrades will prepare a 220-acre site for multiple large manufacturing buildings, with a focus on agribusiness, food processing, and life sciences.
In Herkimer County, $7.9 million will support infrastructure upgrades at the Central New York Business Center in Frankfort. The project includes gas main upgrades, fire protection water storage, road improvements, and utility extensions to attract advanced manufacturers.
Albany County and Erie County will each receive $500,000 for pre-development work. In Albany County, the funding advances planning for the Al Tech Advanced Manufacturing Campus in Colonie. In Erie County, the money supports engineering and permitting for sewer and wastewater upgrades in the Town of Elma.
A statewide economic push
State officials say the grants aim to bring good-paying jobs back to regions that lost manufacturing decades ago. FAST NY sites target industries like semiconductors, clean energy, life sciences, agribusiness, and advanced manufacturing.
Companies already attracted through FAST NY-backed sites include fairlife, Chobani, Siemens Mobility, and Edwards Vacuum. Those projects are expected to bring more than $2.2 billion in private investment and nearly 3,000 jobs statewide.
Local leaders in the funded counties say the projects will help turn long-idle or underused land into engines for regional growth, while giving New York a competitive edge in attracting large employers.
FingerLakes1.com is the region’s leading all-digital news publication. The company was founded in 1998 and has been keeping residents informed for more than two decades. Have a lead? Send it to [email protected].