Schumer Reveals New Bill That Would Invest Millions In Manufacturing Site Preparation
Posted on June 26, 2023
With Micron’s historic investment driving interest for supply chains in Central NY, Senate Majority Leader Charles E. Schumer revealed the ONSHORE Act, bipartisan legislation to create critical federal investment to breathe new life into industrial sites across Upstate New York and bring good-paying manufacturing jobs back from overseas.
Schumer said that this new bipartisan bill will help provide much-needed federal support with major site-readiness and workforce development that can boost sites like Harbor Lights Business Park in Madison County, White Pine Commerce Park in Onondaga County, and Marcy Nanocenter in Oneida County.
"The tides of globalization that once stripped our country and the Central New York region of its proud manufacturing history have changed. We see dramatic shifts in the return of manufacturing to our shores driven by market and geo-political forces,” CenterState CEO President Rob Simpson said. “This region and others like it are poised to help lead this reshoring, but we must ensure that the pace of change isn't inhibited by a dearth of development-ready sites. The ONSHORE Act of 2023's dedicated funding for critical supply chain site development will fuel this opportunity and drive growth in areas that need it most. We thank Senator Schumer for his visionary leadership and investments in our communities so that this new wave of progress can be fully realized."
Specifically, the new federal legislation would provide $100 million per year for 5 years in dedicated funding for a Critical Supply Chain Site Development Grant Program within the Economic Development Administration (EDA). Through this program, EDA would provide assistance for site and utility readiness, workforce development, distribution, and logistics, to prepare strategic mega sites and regionally impactful sites across places like Upstate NY for new industrial investment.
More coverage of Schumer's visit to Madison County:
Schumer proposal would mean federal investment for Upstate industrial sites (Central New York Business Journal)
Photo Credit: Senator Chuck Schumer's Office