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Left:
Andy
Spano, County Executive.
Right: Sal Carrera, Director
of Economic Development & Real Estate.
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PRAISE
FOR WESTCHESTER'S ECONOMY
JP Morgan Chase's
Financial Digest May newsletter praised the Westchester economy
for its many strengths. According to Marc Goloven, analyst for
JP Morgan Chase, "The sturdy stand of the Westchester economy
over the past two years provides a pleasant contrast with the
calamity of the early 1990's. In its first major recessionary
test, Westchester's reconfigured services economy gets a solid
passing grade." Goloven praised Westchester County's new
strategy of helping small- and mid-sized businesses at a time
when corporations downsized and manufacturing moved away, and
noted that the diverse nature of Westchester's workforce protects
against recessionary pressures. To read the full report, click
here. |
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ENDURANCE
RE-INSURANCE EXPANDS FROM BERMUDA
It is not often
that a business moves from the pink sands of Bermuda to the
sands of the Westchester shoreline, but Endurance Re-insurance
is doing just that with the assistance of the Westchester County
Industrial Development Agency. Endurance is leasing 21,000 square
feet of space at 333 Westchester Avenue in White Plains and
growing its employment from 10 to 80. Endurance will be spending
up to $1.5 million in renovations and computer equipment.
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COMFORTABLE
COMMUTATIONS--THE “SMART
COMMUTE”
www.westchestergov.com/smartcommute/
The Westchester County Department of Transportation (WCDOT)
can offer a business individualized transit assistance and tax
incentives for commutation that can benefit the employer and
employee. The “Smart Commute” program works with individuals
on available transit options as an alternative to driving. The
“Commute N Save” program provides tax incentives for
employers and employees who use public transportation. Please
contact Tony Offurum with WCDOT at 914-813-6006 or at TVO1@westchestergov.com.
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THE WESTCHESTER WAY 2003 TOURISM GUIDE
www.westchestergov.com/tourism
Tourism is an important economic resource, pumping $1.7
billion into our local economy, employing 31,000 people
and generating over $47 million in tax revenues for Westchester.
The 2003 Westchester Way Guide provides a comprehensive
directory of fun events, restaurants, museums, galleries,
fairs and tours as well as information on Playland and
Westchester’s numerous parks. Individual or bulk
copies are available by calling 914-995-2988 or email:
tmm5@westchestergov.com. |
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ACCESSING
RESOURCES FOR YOUR BUSINESS
Services and Incentives for Westchester Businesses
For information about tax benefits, business assistance programs,
workforce and transportation services, low-cost energy and
statistical data please visit http://economic.westchester.gov/home/
or contact Terry Masterson at 914-995-2988 or email tmm5@westchestergov.com.
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