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The Rise of the Greek Yogurt Industry in Central New York - NADO.org

The Rise of the Greek Yogurt Industry in Central New York - NADO.org

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Image from NASA/courtesy <strong>of</strong> nasaimages.<strong>org</strong>. Data courtesy Marc Imh<strong>of</strong>f (NASA/GSFC) and Christopher Elvidge (NOAA/NGDC). Imageby Craig Mayhew (NASA/GSFC) and Robert Simmon (NASA/GSFC).14<strong>The</strong> region issituated betweentwo powerfuleconomic corridorsthat representupwards <strong>of</strong> 40percent <strong>of</strong> <strong>the</strong>Gross DomesticProduct <strong>in</strong> <strong>the</strong> U.S.and Canada.Location,Transportation& Logistics<strong>Central</strong> <strong>New</strong> <strong>York</strong>— Bl<strong>in</strong>ded by <strong>the</strong> LightIf “location, location, location” is <strong>the</strong> mantra <strong>of</strong> real estate, “location, transportation,and logistics” is <strong>the</strong> driv<strong>in</strong>g force <strong>in</strong> economic development. Bus<strong>in</strong>ess site location decisionstend to be shaped by proximity to markets and supply cha<strong>in</strong>s (raw materials,<strong>in</strong>termediate goods, labor accessibility, and services), and access to <strong>the</strong> transportationand logistics systems needed to move goods, services, and people <strong>in</strong> a timely and costeffectivemanner, smartly managed over different modes as needed.Most people would agree that <strong>the</strong> countryside <strong>of</strong> central and upstate <strong>New</strong> <strong>York</strong> ispicture postcard material. But, as <strong>the</strong> NASA photo graphically illustrates, <strong>the</strong> regionis rural, but far from remote. <strong>The</strong> region is situated between two powerful economiccorridors that represent upwards <strong>of</strong> 40 percent <strong>of</strong> <strong>the</strong> GDP <strong>in</strong> <strong>the</strong> U.S. and Canada:<strong>the</strong> Boston to Wash<strong>in</strong>gton (I-95) corridor to <strong>the</strong> south, and <strong>the</strong> Chicago to Quebeccorridor (St. Lawrence/Great Lakes) to <strong>the</strong> west. 55 If a company’s objective is nationalmarket penetration, <strong>the</strong>n this jump<strong>in</strong>g <strong>of</strong>f spot is a pretty good start, as central <strong>New</strong><strong>York</strong> is nestled between several major cities only a few hours away, <strong>in</strong>clud<strong>in</strong>g Boston,Montreal, Buffalo, Cleveland, Philadelphia, and, <strong>of</strong> course, <strong>the</strong> Big Apple: <strong>New</strong> <strong>York</strong> City.

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