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JUDY MCKINNEY CHERRY APPOINTED AS NEW CO-CHAIR OF SOUTHERN TIER REDC

McKinney Cherry Will Replace Corning Enterprises President Tom Tranter

The Southern Tier Regional Economic Development Council (STREDC) today announced that Judy McKinney Cherry, Executive Director, Schuyler County Partnership for Economic Development (SCOPED), has been appointed as Co-Chair of the Council, effective immediately. McKinney Cherry replaces Tom Tranter, President of Corning Enterprises, who served as the business Co-Chair since the council’s inception in 2011. McKinney Cherry joins academic Co-Chair Harvey Stenger, as the STREDC continues working to grow the economy in the eight county Southern Tier region which includes: Broome, Tioga, Chenango, Delaware, Chemung, Schuyler, Steuben, Tompkins counties.
 
“The Regional Economic Development Council process has invested in projects to revitalize communities, attract high-tech businesses, and improve the economy and quality of life in the Southern Tier,” said Lieutenant Governor Kathy Hochul, Chair of the statewide Regional Economic Development Councils. “With the appointment of Judy McKinney Cherry as the new co-chair of the Southern Tier REDC, the council will continue to work together with leaders in academia, business and nonprofits to ensure continued economic growth and success across the region.”
 
Judy McKinney Cherry, Executive Director SCOPED said, “I am honored and grateful to Governor Cuomo for this appointment to serve as co-chair of the Southern Tier Regional Economic Development Council.  I look forward to working with Harvey Stenger, and all of the team members who have done a fantastic job since the governor convened these councils in 2011.  I would also like to thank Tom Tranter for his incredible commitment to the council and to our community. We are all better off for his having worked on our behalf. We have important work ahead ensuring continued economic prosperity as the region continues to soar.”
 
STREDC Co-Chair, Binghamton University President Harvey Stenger said, “Tom Tranter’s leadership on behalf of our region has been extraordinary in its impact. For eight years, his dedication, vision, and drive have been at the heart of the STREDC.  Our success as a council has been grounded in his belief that the collaborations at and beyond our table are key to driving real, lasting economic opportunity in our community. On behalf of the entire council, I thank Tom for his exemplary service. I am also delighted to welcome Judy as the new STREDC co-chair.  Her commitment to Southern Tier economic development initiatives and optimism about our future will lead to our continued success.”
 
Tom Tranter, President of Corning Enterprises said, “It was an honor to serve as a co-chair for the STREDC for the last eight years. Governor Cuomo developed an excellent program for economic development and it has attracted many dedicated people working to make the Southern Tier stronger.  We have made significant headway on a number of projects, laying a solid foundation for the region. I believe that the future is bright.”
 
McKinney-Cherry, who has served as a member of the STREDC since 2015, currently is a member of the Council’s Executive Committee and serves as a Co-Chair for the Upstate Revitalization Initiative Innovation Cultures Committee. McKinney Cherry previously  served as the principal of New Growth Strategies (NGS), a boutique consulting firm specializing in innovative business strategies for private, public and not-for-profit sectors. Judy is a certified professional economic developer with over 20 years of experience in the combined areas of demography, information technology, Geographic Information Systems, economic development strategy & tactics, community-based services and health-related non-profit. Judy also previously served in the State of Delaware Governor’s Cabinet for six years as Director of Economic Development. For more about McKinney-Cherry, click here.
 
The REDC process has transformed New York State government’s approach economic development, creating a statewide framework for bottom-up, regional economic growth and streamlining the state funding application process. Through eight rounds of the REDC competition, the STREDC has delivered $613.3 million for 655 projects.
 
To learn more about the STREDC, visit https://regionalcouncils.ny.gov/southern-tier.
 
Accelerating Southern Tier Soaring 
 
Today’s announcement complements Southern Tier Soaring, the region’s comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $6.2 billion in the region since 2012 to lay for groundwork for the plan – attracting a talented workforce, growing business and driving innovation. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Binghamton, Johnson City and Corning as a destination in which to grow and invest. Now, the region is accelerating Southern Tier Soaring with a $500 million State investment through the Upstate Revitalization Initiative, announced by Governor Cuomo in December 2015. The State’s $500 million investment will incentivize private business to invest well over $2.5 billion – and the region’s plan, as submitted, projects up to 10,200 new jobs. More information is available here.
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