FOR IMMEDIATE RELEASE: December 8, 2008
SCHUMER, MCNULTY WIN ARMY'S COMMITMENT TO TURN OVER WATERVLIET ARSENAL PROPERTY TO LOCAL DEVELOPMENT CORP. - SITE CAN NOW EXPAND INTO HUB FOR HIGH-TECH GROWTH ACROSS THE CAPITAL REGION
Over the Past Year, Schumer and McNulty Lobbied Army to Free Up 60+ Acres on Arsenal for High Tech Growth -Integrate Facilities with University of Albany's Nano-Tech and Region's High-Tech Corridor
Prompting Today's Action, the Congressional Leaders Met with Army Secretary Geren in April and Secured Visit of Watervliet Arsenal Campus in May
Victory Is Fitting Cap Stone to Congressman McNulty's Twenty Year Legacy Of Advocacy For The Watervliet Arsenal
In a huge victory for the Capital Region, U.S. Senator Charles E. Schumer and Congressman Michael McNulty today announced they had successfully won approval of an agreement from the United States Army to transform more than 6
After months of cooperative negotiation between the parties, today the Army announced that the Enhanced Use Lease (EUL) proposal by the Arsenal Business and Technology Partnership, has won the open competitive process to operate on over 6
“During these tough economic times winning such a major investment that will spur hundreds of new, good-paying jobs is just what the doctor ordered,” Schumer said. “Securing this lease for the local development corporation will allow the Capital Region to expand its high-tech growth and make sure we have a lean, mean core cannon mission.”
“I am so glad that this was able to get done before Congressman Mike McNulty retires. Mike has been a tireless advocate for the Arsenal for twenty years and he is truly deserving of such a proud victory for the region he has served so well. I think Mike first mentioned the Watervliet Arsenal to me when I was still a congressman from
“The Arsenal is about to enter a new era. New high tech companies and jobs are going to join the Arsenal’s cannon experts to create a great new enterprise. For the last five years, we have been working together with the Army to plan the best way to make this happen. Over the last eight months, the Partnership has reshaped our vision and won the Army’s vote of confidence. Now, the entire Army command and our entire community are jointly committed to a single blueprint for the future. The future looks great,” said Congressman Michael R. McNulty.
Just last week the Partnership, along with Assembly Majority Leader Ron Canestrari, Senator Schumer and Congressman McNulty announced the official opening of Vistec Lithography at the site. Vistec is a cutting edge nanotechnology equipment supplier, and they moved their global headquarters and manufacturing facilities from
This additional acreage under the EUL will allow the Partnership, for the first time, to construct new buildings on site, as well as renovate over 3
Schumer and McNulty met with Secretary Geren in
Both Schumer and McNulty praised Secretary Geren and his team for working with them and the local community to find a solution that meets the goals of both the military and the region.
“I have known Pete Geren for twenty years. In fact, we were in the same freshman class in the House of Representatives in 1989. He has always been an outstanding public servant and someone who really takes time and effort in solving tough problems. This was not easy to rectify, but he saw to it that everybody on his team listened to our case and ultimately found a solution that we all think will be a tremendous benefit,” said Congressman McNulty.
“Secretary Geren is an extremely talented administrator, but more than that, he is a stand up guy. I really appreciate his personal attention to the plight of the Watervliet Arsenal,” Schumer added.
Today, Schumer and McNulty joined Deputy Assistant Secretary of the Army William Birney, Enhanced Use Lease program director Robert Penn, Col. Scott N. Fletcher, Tony Gaetano, and Watervliet Mayor Mike Manning in announcing the Arsenal Business and Technology Partnership was awarded the Enhanced Use Lease by the Army, opening more than 6
“The Army’s selection of the Arsenal Business and Technology Partnership to run the EUL proves what we already knew, that Tony Gaetano and his team are a tremendously talented and visionary group. They have already created hundreds of jobs in limited space and are perfectly situated to tap into the high tech growth that we have seen throughout
Key highlights of the EUL include: