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STEG Gets Results for Business

In addition to enticing economic development packages, global and Fortune 500 companies choose to do business in Chemung County because STEG provides an easy, efficient and hassle-free experience.

Economic development is measured in private capital investment leveraged by programs. We believe our success as an economic development agency is best measured by our ability to leverage these capital investments.

Below is the cumulative private capital investment leveraged via economic development programs since 1995, along with some specific major projects during that time. To learn more about some of the custom solutions that STEG has provided for companies, read a few of our success stories. You’ll see just how committed, flexible and responsive we can be to your needs.

1995-2009

$609,600,000

CVS Rx Services, Inc.

$100,000,000

Toshiba Display Services

$56,000,000

Nucor Corporation

$50,000,000

Anchor Glass

$49,000,000

Arnot Ogden Medical Center

$45,800,000

Thomas and Betts

$39,000,000

Elmira College

$35,000,000

Schlumberger Technology Corporation

$30,000,000

F.M. Howell

$21,000,000

Sikorsky  Hawk Works

$21,000,000

ABB Traction

$18,000,000

St. Joseph’s Hospital

$14,000,000

First Arena

$12,000,000

Appleridge Adult Living

$12,000,000

Synthes

$12,000,000

Hilton Garden Inn

$8,000,000

Corning Consumer Products Co.

$7,000,000

Corning Financial Service Center

$7,000,000

CAF USA

$7,000,000

Country Inn and Suites

$7,000,000

X-Gen Pharmaceuticals

$7,000,000

CCC Academic and Workforce Development Center

$5,500,000

Hardinge

$5,000,000

Hilliard Corporation

$5,000,000

Pepsi Bottling Group

$5,000,000

Fortuna Energy

$4,500,000

Corning Community College

$4,000,000

General Revenue Corporation

$4,000,000

Chemung Performing Arts Center

$3,800,000

Imaging & Sensing Technology

$3,000,000

Holiday Inn

$3,000,000

Woodbrook Adult Home

$3,000,000

Swift Glass Company

$2,000,000

Travelers Insurance

$2,000,000

Cameron Manufacturing and design

$2,000,000

 

 Synthes USA     General Revenue     Vulcraft