ALBANY – The Aden Brook Business Park in Montgomery has secured a $462,000 FAST NY shovel-ready grant.
The funds are to be used for pre-development activities and infrastructure investments.
The business park, a 116-acre farm site, will include several buildings for advanced manufacturing uses like life sciences, microelectronic s, and clean tech.
Winning the grant “marks an exciting moment” for the county, said Orange County Partnership President Maureen Halahan. “This investment will unlock opportunities for advances manufacturing and help us attract innovative companies.
The Orange County Industrial Development Agency teamed up with the Partnership to submit an application that secured the grant, said Executive Director Bill Fioravanti. “These grant monies will help facilitate the development of our newest advanced manufacturing park, creating good paying jobs and delivering tax revenue to the residents of Orange County.
Montgomery Town Supervisor Steve Brescia said they have listened to the community and one thing was made clear: “Montgomery should focus on creating good-paying advanced technology, manufacturing, and agriculture jobs. This is a key first step toward realizing that vision.”
