Oswego County IDA Awarded $8.1 Million FAST NY Grant to Advance Industrial Park Infrastructure

Posted On
August 19, 2025

Image
Gov. Hochul Shovel Ready Podium
Credit: Office of the Governor

Empire State Development announced an $8.1 million award through the FAST NY Shovel Ready Grant Program to the Oswego County Industrial Development Agency (IDA) to advance key infrastructure upgrades at the L. Michael Treadwell Oswego County Industrial Park in the Town of Schroeppel. The FAST NY funds will be used to construct a new electrical substation to serve the industrial park, along with new power, gas, and telecommunications infrastructure. The project will also expand the park’s entrance to accommodate hundreds of additional vehicle trips per day, improving access for current and future tenants.

"Our region is preparing for a significant growth curve in the semiconductor and advanced manufacturing industries. This investment through FAST NY will help ensure that Oswego County benefits from that progress,” said Ben Sio, acting president of CenterState CEO. “With a new electrical substation, improved site infrastructure, and an expanded entrance, the L. Michael Treadwell Oswego County Industrial Park will be ready to welcome these new and growing regional employers."

Read more on Oswego County Today.

Other
Media Coverage

Image
Micron White Pine Construction Site
Media Coverage | 10/08/2026

Meet the Major Construction Companies Working on Micron Project in CNY

Global construction firms are moving to Central New York to support the Micron project.

Image
ON RAMP CNY site Sears Building
Media Coverage | 10/08/2026

CenterState CEO Selects VIP Development Associates for Redevelopment of 1300 South Salina St.

VIP will oversee planning for the redevelopment of the 1300 S. Salina St. site.

Image
Rob Simpson on Bloomberg TV Wall St Week
Media Coverage | 09/27/2026

BloombergTV Talks with CenterState CEO on Micron's Central New York Investment

Central New York is gaining national attention. This week, Bloomberg TV featured the region’s transformation in a segment examining manufacturing’s resurgence in former Rust Belt communities and what Micron’s investment could mean for…

Image
New Housing construction
Media Coverage | 08/26/2026

CenterState CEO Shares Insight On Bottlenecks In the Housing Market

CenterState's Jared Shepard spoke Central Current about the policy challenges impacting housing production in the region.

Image
Saab Inc Aspen Park Ribbon Cutting
Media Coverage | 08/19/2026

Saab, Inc. Opens New Facility in East Syracuse

Saab's new facility is a 50,000 square foot expansion of its Syracuse headquarters.

Image
Rob Simpson Gov. Kathy Hochul Roundtable Data Centers
Media Coverage | 07/16/2026

Rob Simpson Takes Part in Gov. Kathy Hochul's Roundtable on Data Center Development

CenterState CEO's Rob Simpson participates in State-held roundtable discussion on data center development.

Image
NewsChannel 9 Data Center Interview
Media Coverage | 07/14/2026

CEO Rob Simpson Speaks With NewsChannel9 About Data Center Development in New York State

CenterState CEO's Rob Simpson sat down with NewsChannel 9 to discuss his recent opinion article and a framework for data center development in New York state.

Image
localsyr housing screenshot
Media Coverage | 06/11/2026

CenterState CEO Shares Housing Insights on LocalSYR

LocalSYR spoke with CenterState CEO President Ben Sio in a recent segment on the need for more housing in Central New York.

Image
Group on stage at Innovation Night
Media Coverage | 05/08/2026

GENIUS NY Names Grand Prize Winner for Round 9

Flox Intelligence wins GENIUS NY's $1 million grand prize.