To secure the final piece of funding necessary to keep Amphenol Corp. in Sidney, Sen. Charles Schumer, D-N.Y., recently asked the federal Economic Development Agency for assistance.
In a letter to Acting Assistant Secretary for Economic Development Matthew Erskine released Friday, Schumer asked the agency to award $3.8 million in federal disaster aid to the Delaware County Industrial Development Agency.
Amphenol employs 950 people in Sidney, manufacturing electrical connectors used in aerospace and other applications.
Following the second flood in five years that damaged the Sidney facility and the region in 2011, the company has agreed to stay in the village if the IDA can develop a new location with the help of local, state and federal funds.
The requested funds would be 80 percent of the county's share.
"After storms wreak havoc on our communities, it is the federal government's job to step in and do everything possible to help localities recover," Schumer wrote.
The state has announced a $28 million package, including $26 million in tax credits, to make it possible. The IDA will acquire the site and develop the 23-acre parcel for Amphenol to develop. As part of the plan, the company will sign a 20-year lease with the agency to remain in Sidney, Schumer said.
Local News
Schumer seeks disaster aid to keep Amphenol in Sidney
- Local News
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Ramsaran freed on $300,000 bail
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Area school budgets get voters' OK
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School budget voting results
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Tree-killing insect found near Unadilla
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Roxbury artist's portrait exhibit is a record-breaker
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Bruni to step down after 30 years
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State investigation seeks missing Bassett Rx pads
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Classes resume after threats at schools
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Survey: Town residents cool to merger
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Lawmakers: Farm bill has 'devastating' mandates
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Correction
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Copes Corner Park gets new lease on life
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School budget votes held today statewide|
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Blodgett plan review to continue at meeting
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Area life coach wins state recognition
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- Monday, May 20, 2013
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Fill each day, SUCO grads told
Two speakers at the State University College at Oneonta asked audiences to push the ``pause button'' on their lives Saturday.
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Community comes together to build playground
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Police to patrol schools after threats
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Ramsaran remains in jail
Ganesh Ramsaran, accused of murdering his wife, remained in Chenango County jail Sunday on bail, authorities said.
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Library, airport on council agenda
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Ramsaran freed on $300,000 bail
