FOR IMMEDIATE RELEASE: May 10, 2006

Schumer Urges Bristol-Myers To Build New Drug Facility In Syracuse

With Decision Expected In The Next Few Weeks, Schumer Connects Bristol Leadership With Other Top Science Employers In Region

In his latest effort to lure Bristol-Myers Squibb to build their new drug facility in Syracuse, U.S. Senator Charles E. Schumer connected the Bristol leadership with other top science employers in Central New York. Schumer compiled and distributed detailed data on the recruitment and retention employee efforts of Lockheed Martin, the Sensis Corporation, Syracuse University, Welch Allyn and the Syracuse Research Corporation. He also touted the regions top-notch talent pool and high quality of life.

“Syracuse is the ideal place for Bristol-Myers’ new drug facility, and our local business leaders can play a role in convincing them,” Schumer said. “Central New York offers outstanding schools and high quality affordable living, with a wide array of summer and winter recreation, close proximity to Boston and New York City and is a wonderful place to live and raise a family. Bristol-Myers will have no problem recruiting and retaining talented employees with outstanding results, and their employees will work side by side with experienced professionals in industries ranging from aeronautics to academic research.”

In the past month, Schumer has made several calls to both Peter R. Dolan, Chief Executive Officer, and James D. Robinson III, Chairman of the Board of Directors, of Bristol-Myer Squibb Company to discuss Bristol-Myers’ search for a location for their new drug facility. Schumer has coordinated his efforts to bring them to Syracuse with local economic development offices. A few weeks ago, Schumer met with Dolan in New York City to promote Syracuse as their location and find out what further information they required to make a final decision. Bristol-Myers plans to make their final decision within the next 30 days, and have narrowed their search to Syracuse, New York and a site in North Carolina.

In a personal letter to Dolan and Robinson, Schumer wrote, “In the last few years, five major companies from the Central New York region have hired several hundred new employees from outside the region. Top representatives of each of these organizations would be happy to describe, in great detail, the process by which they were able to recruit a number of highly skilled and trained employees to Central New York.”

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