Business Driven. People Focused.
STEG 2022 Annual Report

STEG's 2022 Annual Report is available. Use the link inserted or the image or CLICK HERE to view it online. For a recap of the years accomplishments and ongoing, or completed projects.

As always, we thank our investors for your continued support. This year we have taken great strides in implementing many of our ENGAGE 2026 strategies. As we head into 2023, we look forward to continuing our progress and providing you, our local business community with continued support and progress.
Affordable Housing Development
The buildings next to our office have been vacant for years. It’s so exciting to see the lights back on as construction progress thanks to Arbor Housing and Development.

This project preserves four historically significant buildings in the City of Elmira and will create 42 affordable housing units for families on this quiet side of town. We’re looking forward to neighbors and vibrancy!
STEG Engages Investors to Guide Marketing Efforts
During the STEG Annual Campaign ENGAGE 2026, STEG received feedback regarding community interaction and communication. As a result, STEG reached out to various leaders from local businesses that are leaders in our community to propose a representative to become a member of our committee.

The first STEG Marketing Committee Meeting took place on January 17th, 2023. Representatives from Wallin Insurance Agency, Labella Associates, Corning Community College, Hardinge, Incubator Works, TMT Gravel and Contracting Inc, Chemung Supply Corporation, Pyramid Brokerage, and Excellus were present.

This meeting was a first step into collaborating effectively with local like-minded business community members in an effort to further exemplify economic growth events happening right here in Chemung County.
Are you interested in viewing additional available properties in Chemung County?

Please visit the GIS Tool on our website.
Office Space Available
63,000sf call/data center was formerly occupied by Wayfair, which made significant renovations. Building features include: private secure lobby, open floor plans, hard offices, fitness area, numerous employee lounge areas, IT rooms, recreation room, cafeteria, conference rooms, natural lighting from numerous windows and large skylight.

It can be used for data/call center or for regular office space.

For additional information including the listing from Pyramid Brokerage Please:
New Energy New York
New Energy New York is a coalition funded by the Economic Development Administration to establish a national hub for battery innovation, manufacturing, and workforce development in Upstate New York.

The coalition, comprised of partners representing academia, non-profits, and government is starting up BATTERY-NY, a battery technology and manufacturing center to develop and enable the advanced manufacturing of battery technologies and establish a robust manufacturing infrastructure to support the battery industry and its supply chain.
The initiative includes the development of a Battery Technology and Manufacturing Center which will be located in Endicott and hosted by Binghamton University.

What does this mean for Chemung County? The impact is far reaching. Coalition members include Corning Community College and Incubator Works. The industry is expected to grow rapidly which will increase the demand for a qualified supply chain related to component manufacturing, storage, and battery recycling throughout the Southern Tier.
Employee Feature!
Check out this feature from Southern Finger Lakes featuring our own Benjamin Fleischman! Their relocation story is exciting, and we are thrilled to be a part of it. When we spoke with Ben about this, he stated " I hope that many read this and are inspired to relocate or remain in the Southern Tier as the area continues to develop and is a beautiful place to live!".

If you are not already, PLEASE follow Southern Finger Lakes for more fascinating relocation stories to the Southern Tier.

About Us:
Southern Tier Economic Growth (STEG) a private, not-for-profit organization that fosters prosperity and vitality in Chemung County through the planning, promotion and implementation of economic development programs. Its board of directors has over 65 members, over 75 percent are private business people working side-by-side with chief elected officials and education and community leaders to help create and retain jobs, sustaining a strong economy. It works with the Chemung County Industrial Development Agency (CCIDA), a Public Benefit Corporation of the State of New York that was formed in 1975. The Chemung County IDA consists of a seven-member Board of Directors and provides a variety of tax incentives, financing, and/or related benefits to a broad range of eligible projects that provide a positive economic impact within Chemung County.

400 E Church Street
Elmira, NY 14901
P: 607.733.6513