At its Sept. 26, 2023 meeting, the County of Chautauqua Industrial Development Agency (CCIDA) Board of Directors approved a $1 million loan to support the purchase of Weber-Knapp Co. Inc. by Rhonda Johnson, President of Weber-Knapp, and Wayne Rishell, CFO of Weber-Knapp. The facilities are located on Chandler St. in Jamestown, NY and Allen St. in Falconer, NY and are comprised of 243,000 square feet of space. Weber-Knapp has been operating in Jamestown for 114 years, when the company started as a manufacturer of hardware for the furniture industry. Throughout the years the company continuously adapted in response to changing market dynamics and opportunities.
The County of Chautauqua Industrial Development Agency (CCIDA) will once again continue to accept applications to provide low-interest loans to both businesses and non-profit organizations as a means to respond to economic injury resulting from the COVID-19 pandemic. This new round of funding starts immediately.
The County of Chautauqua Industrial Development Agency (CCIDA), Chautauqua County Chamber of Commerce (CCCC), the Small Business Development Center at Jamestown Community College (SBDC), and Insyte Consulting have partnered to offer grant funding to small businesses of 50 employees or less to help them with their marketing efforts.
The CCIDA Board of Directors recently approved incentives to support redevelopment of the former Welch Administration Building in the Village and Town of Westfield.
President Trump has now signed the COVID-19 relief package that was approved by Congress last week. An overview of important points for the local business community is provided.
At their December 15, 2020 Board Meeting, the CCIDA approved a $382,000 AL Tech Loan to assist Premier Precision Machining, LLC (aka KGPHJ, LLC) in a $953,837 project to expand their footprint and operations.
On December 3, 2020, business professionals from across Chautauqua County, New York, met to discuss talent-attraction marketing and company culture. The event started with opening comments made by County Executive […]
At its meeting today, the County of Chautauqua Industrial Development Agency (CCIDA) Board of Directors approved financial assistance to Hanover PV, LLC, including Payment in Lieu of Tax (PILOT) agreement providing real property tax abatement, sales tax abatement, and mortgage recording tax abatement for a new community solar farm planned there.
The CCIDA Board approved funding for 28 businesses and non-profit entities in the following sectors: manufacturing/warehousing; not-for-profits; retail/commercial/agriculture; small business; and tourism/hospitality. All said, $5,736,293 in funding was approved by the Board of Directors after a thorough review by the Loan Committee, which will, in addition to retaining hundreds of jobs, create upwards of 100 new jobs.
The U.S. Economic Development Administration (EDA) officially announced on September 9th that the County of Chautauqua Industrial Development Agency (CCIDA) has been selected as the recipient of a $10.5 million grant through the CARES Act, which will enable the agency to establish a new Revolving Loan Fund (RLF). The RLF will provide capital in the form of low-interest loans to both businesses and non-profit organizations as a means to respond to economic injury resulting from the COVID-19 pandemic.