Economic News for Ithaca and Tompkins County

October 2022

Micron Announces $100 Billion Move to Central NY

Micron Technology, one of the world’s largest semiconductor companies, announced plans to build the largest fabrication facility in U.S. history outside Syracuse. The move will create nearly 50,000 jobs, including 9,000 high-paying jobs at Micron, and draw workforce talent from across the entire Central New York region, including Tompkins County. Micron intends to invest up to $100 billion in the facility over the next 20+ years, with the first $20 billion phase planned by the end of this decade. See the Micron press release for more project details. IAED is already meeting with partners to identify opportunities to participate in workforce readiness and more!

Tompkins Community Recovery Fund Application Deadline – October 31st

The deadline to apply for the Tompkins Community Recovery Fund (TCRF) is Monday, October 31st. Tompkins County established the TCRF with funding from the federal American Rescue Plan Act, and has $6.53 million to help small businesses, municipalities, and other eligible organizations recover from the impacts of COVID-19, address unmet community needs, and build long-term capacity. For eligibility and program guidelines, visit the TCRF website.

NYS Announces $150 Million for Workforce Development Initiatives

Governor Kathy Hochul announced $150 million in workforce development grants intended to increase capacity among workforce training providers and position New Yorkers to fill high-quality, in-demand jobs. The $115 million Pay for Performance and $35 million Workforce Development Capital Grant programs will be administered by the newly created Office of Strategic Workforce Development within Empire State Development. The full program guidelines and links to the Consolidated Funding Applications are available here.

MADE Event Pairs Area Manufacturers, Students 

On Friday, October 7, TC3 hosted the fourth annual Manufacturing and Development (MADE) Expo. The event is scheduled to coincide with National Manufacturing Day and offers area manufacturers and students the opportunity to engage through interactive displays. This year, 18 manufacturers and 166 students from surrounding districts participated in the full day event featuring morning displays and an afternoon job fair for all community members. IAED was an event sponsor.

Students from Ithaca High School’s Engineering Design and Development program engage with Precision Filters, an Ithaca-based signal conditioning systems manufacturer. 

Transonic, a clinical and research measurement tool manufacturer based in Ithaca, prepares a display for students.

Tompkins Chamber Healthy Workforce On-the-Job Training Grant



Deadline: Rolling

Purpose: Support people in recovery by receiving education and training support, new job opportunities, and maintaining a recovery-friendly workplace and employer base.

For more information or to schedule an appointment to discuss OJT funding, contact Cloud Kelley, at ojt@tompkinschamber.org.