FAST NY Grant Awarded to Fulton County to Attract High-Tech Manufacturing Businesses to New York State

The Fulton County Center for Regional Growth has been awarded $434,700 to improve the Johnstown Commerce Park under the Focused Attraction of Shovel-Ready Tracts New York (FAST NY) grant program, administered by Empire State Development. First announced by the Governor in February 2022, FAST NY is designed to prepare and develop sites across the state to further New York’s shovel-readiness and increase its attractiveness to large employers and high-tech manufacturing companies. To date, FAST NY has awarded nearly $233 million to 32 sites, with locations in every region across Upstate New York, and Governor Hochul has proposed an additional $100 million for this proven program in her 2026 Executive Budget.

“FAST NY is a valuable tool that attracts strategic industries that invest in our communities and bring good paying jobs to New York State,” Governor Hochul said. “We have experienced first hand that shovel ready sites are an important factor when businesses are looking to expand and companies like Micron, Wolfspeed, Edwards Vacuum, and fairlife have chosen New York State because of our investments in site readiness. FAST NY is helping New York be a competitor on a global stage for the world’s best companies.”

Fulton County Center for Regional Growth FAST NY Grant Project

This pre-development project will induce the advancement of engineering fees and studies that will determine costs for the development of infrastructure at Johnstown Commerce Park, including roads, utilities, site analysis, and environmental investigation. This site is located directly across from the current Johnstown Industrial Park, which is currently at capacity. The site, which was previously awarded a FAST NY grant, expects to produce five major industrial development projects, resulting in the creation of approximately 200 jobs.

This year, Governor Hochul proposed $100 million for additional rounds of FAST NY in her FY26 Executive Budget. The program helps to diversify New York State’s economy while generating new investments for businesses, communities and job creation. Last year, Governor Hochul secured an additional $100 million in funding through the FY25 State Budget for the FAST NY program.

FAST NY grants are awarded for pre-development activities and infrastructure investments to develop sites that will attract many eligible industries —including high-tech manufacturing, semiconductors, clean-tech renewable energy, life sciences, agribusiness, optics, transportation equipment, materials processing, industrial machinery manufacturing and other advanced manufacturing. These sites can also be used for interstate distribution and logistics. For more information, or to apply for a FAST NY grant, visit esd.ny.gov/fast-ny.