Why Central New York? |
There’s never been a better time to grow and expand your business in Central New York!
With its available workforce, market accessibility, natural advantages and quality of life, the region is a great place to relocate or extend your business services. CenterState CEO brings extensive economic development expertise and experience; strong knowledge of the local, county, and state landscape for everything from site selection to incentive opportunities; and a passion for growing the region to your site search. We are here to help.
IncentivesNew York state offers an array of incentives to encourage business investment and economic development within the Empire State. These incentives, which take the form of tax credits, deductions, or abatements, can reduce a company's overall tax expenditures and support their success here. CenterState CEO works with a range of public and private sources to help businesses secure financing, support their workforce needs, and access the right resources to advance their growth and expansion plans. Tax Incentives for Manufacturers
Excelsior Jobs ProgramThe New York State Excelsior Jobs Program provides job creation and investment incentives to qualified firms in targeted industries, in five fully refundable tax credits: Excelsior Investment Credit, Excelsior Jobs Tax Credit, Excelsior Research and Development Tax Credit, Excelsior Real Property Tax Credit, Excelsior Child Care Services Tax Credit. |
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WorkforceCentral New York has a Regional Labor Force of 388,0751, which includes:
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Clean Energy |
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Strategic LocationIdeally situated at the center of New York state, and home to the city of Syracuse, Central New York sits with a the broader 12-county region that is a prime location for business growth. Businesses choose to locate in the region for its market accessibility. It is an ideal location for firms - U.S. and abroad - that want to gain a competitive edge and grow.
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Resilient Climate, Abundant ResourcesWithout the climate extremes found in other areas of the country, and medium-to-low risk for all natural disasters, Central New York has been recognized as a climate haven, making this region an ideal location for business growth. Syracuse and the 12-county region are also home to abundant natural resources, including access to the largest freshwater system on Earth - The Great Lakes. Pictured: Oswego, New York marina, on the shores of Lake Ontario |
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Regional Recognitions & AdvantagesSyracuse and Central New York offer many unique advantages for businesses and residents alike, and those outside the area have taken notice. Accolades include:
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Advancing with Micron in CNY
Micron Technology is building a $100 billion semiconductor manufacturing plant in Central New York. It’s the largest capital investment project in New York State history and one of the largest in U.S. history. Micron is projected to generate significant economic growth for New York state.
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Micron by the Numbers
- 50,000+ new permanent jobs in New York State by 2055, 70% in Central New York.
- $9.6 billion annually in real GDP impact from 2025-2055.
- $17.2 billion in total New York State government revenue (2025-2055).
- $31 billion in Micron construction spending, with 5,600 related jobs on average at prevailing federal wage for the initial 20 years (2025-2044).
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Notable Accomplishments
- $27.7 Billion Annual Revenue
- #1 Largest Memory Chip Maker In The World
- 127 on 2022 Fortune 500
- 50,000 Patents Granted And Growing
- 45,000+ Team members worldwide
- Company giving in 2021 totaled $13M. Company-wide, volunteers worked 271,942 hours in 2021.
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Micron’s Awards and Recognitions
- America's Greatest Workplaces for Diversity 2023 (Newsweek)
- Best Diversity and Inclusion Strategy Award 2022
- Bloomberg Gender-Equality Index 2023
- VETS Indexes 3-Star Employer
- Best places to Work for Disability Inclusion
- America’s Most Just Companies CNBC 2022
