A visit to New York by 100-year-old FAGE Yogurt convinced the major European food processor to set up its first U.S. investment in Upstate New York. Today, we are home to 39 yogurt plants with familiar names like Müller, HP Hood, Chobani, Alpina, and Krinos!
With almost five billion pounds of milk production concentrated in Central New York, we are a clear choice for foreign direct investment in dairy and food production. It’s not just cows; over 70 percent of New York’s land area is dedicated to a wide range of crops.
Agricultural production is a key component of the state economy. If New York were a European Union member, our $1.2 trillion gross domestic product would rank within the topfive EU countries. New York’s agricultural GDP exceeds $4.7 billion. Within the USA, New York ranks #5 in fresh vegetable production, #4 in dairy production, #3 in grapes grown, and #2 in apple and maple production.
One of our key assets is access to market. New York is the prime entry to the U.S. from Europe, and has the most diverse offerings for transport and product dispersion within the United States. Central New York is located in the densely populated portion of the U.S. and Canada — perhaps why European companies like Marquardt, BITZER Scroll, Bosch, and GLOBALFOUNDRIES are investing here.
When you think New York, think of tall buildings, Wall Street, cows, yogurt, and manufacturing. Most of all when you think of New York think of opportunity.
Director of Business Development
572 South Salina St.
Syracuse, NY 13202
Senior Vice President, Planning and Development
Mohawk Valley EDGE
584 Phoenix Drive
Rome, NY 13441