Three local entities are splitting $400,000 through the Northern New York Power Proceeds Act.
Canexsys Networks, a subsidiary of Comtest, will receive $200,000 toward machinery and equipment, furniture and fixtures, inventory and allow the company to train its 29 new employees to manufacture products, according to Gov. Andrew Cuomo’s office.
The cash will assist with the development of a manufacturing facility in Ogdensburg, where it would produce telephony equipment, like DSL splitters, and add plastic injection molding capabilities so that it can integrate molded and metal fabricated parts across the Comtest supply chain, Cuomo said.
The company is a Canadian manufacturer of products that allow high speed internet capability over existing coaxial and copper wire, enabling such service to be provided in underserved markets where the cost of installing fiber networks is prohibitive.
The North Country Children's Museum will get $140,000 in funding to assist with the purchase of a building in Potsdam to house the museum as well as to support exhibit design, construction and installation, building renovations and infrastructure upgrades.
The new museum offers science, technology, engineering, arts and math oriented educational programming to children aged 12 and under and their families, Cuomo’s office said.
Clarkson University is also receiving $60,000 to expand its business incubator program by completing the third and final phase of a $1.6 million effort to renovate the second and third floors of its Damon Hall. Clarkson plans to add premium mixed-use space in the building to house additional incubator businesses and provide food storage options, Cuomo’s office said.
"I want to thank Gov. Cuomo and NYPA for their efforts to launch the Northern New York Proceeds board. This funding will be supporting three quality projects that will help improve the North Country economy and will be an important tool for businesses and organizations looking to expand in the future,” Sen. Joseph Griffo, R-Rome, said in a prepared statement from Cuomo’s office.
"Economic Development is the lifeline of any community. This program and its first investment in St. Lawrence County—including Canexsys' development of a high-speed internet facility in Ogdensburg and educational programs—will not only help St. Lawrence County in the near future, but also ensure its continued growth for years to come. I would like to thank Governor Cuomo and the New York Power Authority for their support of Northern New York,” Sen. Patty Ritchie, R-Heuvelton, said in a prepared statement from Cuomo’s office.
"The announcement of funding for projects that will bring new jobs to Ogdensburg, expand an incubator space at Clarkson that is creating new employment opportunities and moving forward with a new cultural initiative is welcome news for the North Country. Our focus must remain on creating more jobs in the region, and the nny power proceeds allocation fund adds another important tool to our economic development toolbox,” Assemblywoman Addie Jenne, D-Theresa, said in a prepared statement from Cuomo’s office.