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June 9, 2004: Treadwell Named Economic Developer of the Year

Submitted by NYSEDC

Albany, NY-- L. Michael Treadwell, executive director of Operation Oswego County (OOC) received the 2004 Economic Developer of the Year award from the New York State Economic Development Council (NYSEDC).

The awards were presented last week by NYSEDC at its annual meeting at the Otesaga Hotel in Cooperstown. NYSEDC is New York's principal organization representing economic development professionals.

The NYSEDC presents the Economic Developer of the Year each year to an economic-development professional who has shown an outstanding record of achievement in development, an unwavering commitment to the NYSEDC, and outstanding leadership in the profession.

"For two decades, Michael Treadwell has offered Oswego County an ideal mix of commitment and creativity," said Brian McMahon, NYSEDC executive director. "It's no wonder that his reputation as a leader in this field is not only statewide but also nationwide. Whether he is closing a major plant-location deal, loaning space to government agencies helping the county recover from an ice storm, or mentoring younger development professionals, Mike is a credit to this profession. NYSEDC is privileged to recognize his achievements.”

“Treadwell, a Georgia native, came to Oswego County more than 20 years ago to lead Operation Oswego County. He quickly earned a reputation for a pit-bull tenacity in pursuing and closing deals that was belied by a laid-back southern demeanor. Treadwell and his team at OOC worked tirelessly on deals to bring a chocolate manufacturer to the county after Nestle’s announcement last year that it was closing its Fulton plant. Treadwell worked long days and weekends in pursuit of this success,” McMahon added.

OOC offers a full range of development services including regional marketing, loans, site selection assistance, business incubators, industrial park development, Empire Zone and IDA administration, planning and technical assistance, and development of incentives and financial packaging.

For 50 years, OOC has tracked how those services have led to job creation success, and that record during Treadwell's tenure has been formidable: more than $2.3 billion in capital investments and more than 15,000 jobs created. In 2003 alone, OOC assisted on projects that created 1,493 new jobs and leveraged more than $125 million in new capital investments. This record received a rare honor in May when Site Selection magazine, a key national trade journal of the development profession, listed OOC among the nation's top 10 economic development offices in 2003.

Treadwell has long been active in NYSEDC, having served for years on its board and having been active in the organization's efforts to improve the marketing of New York State as a business location. He is also a tireless promoter of education and training in the economic development profession.

The New York State Economic Development Council's 900 members include the leadership of the industrial development agencies, local development corporations, commercial and investment banks, underwriters, bond counsels, utilities, chambers of commerce, and private corporations. The purpose of NYSEDC is to promote the economic development of the state and its communities, and to encourage sound practices in the conduct of regional and statewide development programs that enhance the professional development skills of NYSEDC members.

For more information about NYSEDC, visit www.nysedc.org.

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