53rd Edition: February 10 - February 14, 2025

Building From the Ground Up: Supporting Local Manufacturers and Expanding Orange County's Economic Future


Economic development is not solely about attracting high-profile projects or making headlines—it’s also about fostering business expansion and engagement. Just like in baseball, success isn’t always about hitting home runs; singles and doubles win the game. In our local industrial market, businesses with 25 to 100 employees serve as the foundation of our economy, playing a crucial role in job creation and community stability.

 

Over the past few months, we have conducted site visits with several key local manufacturers, including Popcorners/PepsiCo. and President Container in the Town of Wallkill/Middletown. These visits go beyond understanding production processes—they allow us to gain valuable insight into the needs, challenges, and opportunities facing our existing businesses. By proactively identifying potential retention concerns and providing direct support, we help companies navigate workforce development, expansion opportunities, and operational challenges.


While our attraction efforts remain a priority—responding to tailored RFIs, spearheading site development initiatives like FAST NY, and building strategic relationships at industry conferences—we are equally committed to supporting the growth of existing businesses. Touring industrial facilities and offering expansion services will continue to be a central focus in our efforts to foster economic vitality in Orange County. If you know of a company that could benefit from the Partnership’s assistance, we’d love to hear from you!

 

Currently, we are working on four expansion projects that could result in the absorption and development of approximately 300,000 square feet of industrial space, the creation of over 250 jobs, and the retention of many more. Our commitment to grassroots economic development remains steadfast, as we recognize that these companies are not only major tax revenue generators but also key employers that drive economic activity throughout our communities. Supporting business means supporting the long-term prosperity of Orange County, and we will continue to champion the industries that sustain our region’s economic growth.



My very best,


Maureen Halahan

President & CEO

President Container Executives cutting the ribbon on January 13th in the Town of Wallkill.

Maureen Halahan, President & CEO of the Orange County Partnership, addressing the audience at the President Container Ribbon Cutting on January 13th.

President Container's third Mitsubishi Evol Flexo Folder Gluer at its "super-plant" on Ballard Road.

President Container Cuts Ribbon on Major Installation at Town of Wallkill Plant

Since its relocation to Orange County 15 years ago, President Container Group has continually expanded and invested in its operations in the Town of Wallkill. Last month, the firm, owned by the Grossbard family, held a ribbon-cutting ceremony for its third Mitsubishi Evol Flexo Folder Gluer at its “super-plant” on Ballard Road.

 

Officials with the corrugated products manufacturer were joined by more than 50 employees, customers and guests at the ceremony held on Jan. 13. Its latest investment is tied to its goal of producing 3 billion square feet of corrugated products a year. According to industry publication Board Converting News, the firm produced 2.1 billion square feet of product, besting 2023’s production of 1.9 billion square feet. Company officials stated the introduction of its latest equipment will help it achieve its lofty goal, which has been achieved by very few manufacturing operations in the United States.

 

“I am proud of everything you have accomplished, Matt (Grossbard, plant manager), and everything we have accomplished together,” said PCG’s co-owner and president, Larry Grossbard.

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Central Hudson's $2.6 Billion Economic Impact: A Catalyst for Orange County's Economic Growth

Central Hudson Gas & Electric's recent Annual Economic Impact Report reveals a substantial $2.6 billion infusion into the Hudson Valley economy. This significant contribution encompasses wages, taxes, and capital expenditures, underscoring Central Hudson's pivotal role in regional economic vitality.

 

The report highlights that Central Hudson's operations support a total of 5,324 jobs—1,839 direct positions within the company and an additional 3,485 indirect jobs generated through economic activities. This employment structure results in a combined payroll of $456 million, reflecting the company's commitment to job creation and economic stability in the region. Click here to view the full report: 

https://www.cenhud.com/en/about-us/annual-economic-impact/

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New York Gov. Kathy Hochul presented the Fiscal Year 2026 Executive Budget in the Red Room at the State Capital on January 21st.

Gov. Hochul's Economic Development Proposals Center on Industries, Initiatives Advanced by OC Partnership

While the specifics of her 2026 Executive Budget are now being debated in Albany, New York Gov. Kathy Hochul’s economic development-related proposals, if enacted, would provide significant funding assistance to such key sectors as semiconductor manufacturing and supply chain, as well as cleantech and green economy projects that the Orange County Partnership is currently hoping to convince to invest and bring high-paying jobs to Orange County.

 

While her speech given on Jan. 21 covered a host of hot-button issues, such as the housing crisis and affordability, it was her economic development proposals contained in the $252-billion 2026 Executive Budget that drew praise and support from officials with the Orange County Partnership.

 

Tops on the list are two programs geared specifically to promoting the development of shovel-ready sites.


The governor is proposing to fund $300 million to create power-ready sites for advanced manufacturing through the Promote Opportunity with Electric Readiness for Underdeveloped Properties (POWER UP) Fund.


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Despite Some Headwinds, U.S. Industrial Real Estate Market is Poised for More Balance and Stability in 2025

A number of commercial brokerage firms recently released reports on the U.S. industrial markets in the fourth quarter of 2024 and their respective outlooks for the sector in 2025. They seem to be in agreement that despite a downturn in new development to more normal levels, the industrial real estate market appears to be headed toward growth in 2025.

 

Both Cushman & Wakefield and Colliers in separate market reports on the dynamics of the fourth quarter 2024 industrial real estate market, predict new construction to continue to decelerate, vacancy rates to stabilize and asking rent increases to slow down as the industry sees the once inflated new development pipeline continue to thin out in 2025.


Cushman & Wakefield noted that despite the specter of high interest rates, inflation, labor disputes and economic uncertainties in 2024, “the U.S. industrial market remained resilient, with modest growth persisting.”

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CREDIT: CUSHMAN & WAKEFIELD

Welcoming our New Investors to

"The Orange County Partnership Circle of Success Investor Program"

February 2025

2025 RENEWED INVESTORS:

"Back in the Circle Where Renewed Investors Thrive"

The Business Navigator is a guide designed to help employers understand their employees' child care needs and connect them with relevant tax credits, employee benefits, HR services, and other child care resources.


  • Employer-sponsored child care is an investment in the workforce that yields significant returns. There are an array of options for employers.
  • The Business Navigator includes essential resources, case studies, and regional contacts to begin the process or augment a plan already in place.

 

If this information is important to you as a business, please check out The Business Navigator Employers Guide to Child Care Solutions in New York State here https://bit.ly/4gzxzTO

 

Contact Allison Wojciechowski, Business Support Specialist at The Child Care Council of Orange County at 845-294-4012 x239 or allison@childcarecounciloc.org with any questions or to set up a meeting to discuss further.



Click Here to View the Guide

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