GLEN - The Mohawk Valley Economic Development Council is proposing a facility to raise fish and other aquatic life be built in Montgomery County.
The proposed project in the Glen Canal View Business Park could attract $170 million in private investment and create more than 175 jobs, according to the council.
The indoor aquaculture facility would be constructed on about 175 acres in the park. The project would involve the acquisition of 130 acres of land and the construction of an estimated 840,000-square-foot building housing tanks and other equipment to produce more than 17 million pounds of fish annually, according to the project proposal.
The facility, referred to as Project Aqua, would be built by TechMar NY LLC, according to the council.
Project Aqua is among 32 priority projects endorsed by the council in a competition for state funding.
Projects in the council's 2012 Action Plan have the potential to create 1,190 jobs and retain more than 3,000 existing positions, according to the council.
"The [aquaculture] project will have a transformational impact in Montgomery County," the council's report states.
The report said $2.5 million would be provided by an Empire State Development Grant, $4 million in Excelsior Tax Credits, and $100,000 in unemployed and new-hire worker training. This is in addition to private-owner equity and loans that could total more than $170 million.
Montgomery County Industrial Development Director Ken Rose said the proposed site is still being tested to see if it would provide the resources needed.
He said the site's use would be contingent on the environment. Drilling at the park began last month to test the area for sources of underground water. Rose said a final report is due in October.
The IDA and the state are working with TechMar to come to the county, Rose said.
Glen Supervisor Lawrence Coddington said that while he does not know about the specifics, the project would benefit the area.
"From what I heard, it's a very clean operation," Coddington said.
Currently, the Glenview Park has Diam Logistics, American Ornamental and L&S Veneer.
Among other projects proposed by the Mohawk Valley Economic Development Council:
A $4.5 million expansion of the Gloversville-Johnstown sewer plant to better deal with pretreatment of whey from its largest customer, yogurt maker Fage USA. The company is going through a $120 million expansion at the Johnstown Industrial Park.
Improvements to the sewer plant would include construction of sewer piping, an equalization tank, process tanks, pumps and other items designed to treat wastewater, according to the report.
Equipment purchases for Mohawk Fabrics in Amsterdam. The company is seeking $200,000 in grants. The company would buy knitting machines, a solar energy system and warping equipment. With the improvements, the company could hire 30 employees over five years, the report stated.
Construction of an outpatient pavilion at St. Mary's Healthcare in Amsterdam. The 34,000-square-foot pavilion would be built at the Memorial Campus on Route 30. The project would improve operations and provide convenient outpatient care, the report stated. The project, which seeks a $1 million grant, would retain and create new health-care jobs, according to the report.
Last fall, the council submitted a plan that garnered $60.2 million in state support for 59 projects across the region through Gov. Andrew Cuomo's Regional Council initiative and Consolidated Funding Application process. The Mohawk Valley region includes Fulton, Herkimer, Montgomery, Oneida, Otsego and Schoharie counties.
Arthur Cleveland can be reached at firstname.lastname@example.org.