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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.
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1995-2009 |
$609,600,000 |
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CVS Rx Services, Inc. |
$100,000,000 |
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Toshiba Display Services |
$56,000,000 |
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Nucor Corporation |
$50,000,000 |
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Anchor Glass |
$49,000,000 |
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Arnot Ogden Medical Center |
$45,800,000 |
|
Thomas and Betts |
$39,000,000 |
|
Elmira College |
$35,000,000 |
|
Schlumberger Technology Corporation |
$30,000,000 |
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F.M. Howell |
$21,000,000 |
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Sikorsky Hawk Works |
$21,000,000 |
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ABB Traction |
$18,000,000 |
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St. Joseph’s Hospital |
$14,000,000 |
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First Arena |
$12,000,000 |
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Appleridge Adult Living |
$12,000,000 |
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Synthes |
$12,000,000 |
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Hilton Garden Inn |
$8,000,000 |
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Corning Consumer Products Co. |
$7,000,000 |
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Corning Financial Service Center |
$7,000,000 |
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CAF USA |
$7,000,000 |
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Country Inn and Suites |
$7,000,000 |
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X-Gen Pharmaceuticals |
$7,000,000 |
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CCC Academic and Workforce Development Center |
$5,500,000 |
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Hardinge |
$5,000,000 |
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Hilliard Corporation |
$5,000,000 |
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Pepsi Bottling Group |
$5,000,000 |
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Fortuna Energy |
$4,500,000 |
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Corning Community College |
$4,000,000 |
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General Revenue Corporation |
$4,000,000 |
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Chemung Performing Arts Center |
$3,800,000 |
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Imaging & Sensing Technology |
$3,000,000 |
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Holiday Inn |
$3,000,000 |
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Woodbrook Adult Home |
$3,000,000 |
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Swift Glass Company |
$2,000,000 |
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Travelers Insurance |
$2,000,000 |
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Cameron Manufacturing and design |
$2,000,000 |
Synthes USA General Revenue Vulcraft
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