Welcome to the Oneida County Industrial Development Agency
The Oneida County Industrial Development Agency is tirelessly working to fulfill its mission: To assist in the enhancement and diversity of the economy of Oneida County by acting in support of projects in Oneida County that create and/or retain jobs and promote private sector investment utilizing the statutory powers of the Agency as set forth under the provisions of the laws of the State of New York. OCIDA offers a variety of financial tools and tax incentives, including:
- Exemption from Real Property Taxes (Payment in Lieu of Taxes - PILOT)
- Taxable and Tax-Exempt Bonds
- Exemption from Mortgage Recording Tax
- Exemption from Sales Tax on Materials, Machinery, Equipment and Furnishings
Interested parties should check the policies of the IDA for more information on available benefits and eligible projects.
Matt Brewing
Matt Brewing Co. has continued its ongoing facility enhancement and product diversiļ¬cation projects during the past year. As part of its efforts to maintain its leadership position in the craft brewing and bottling industry in New York, Matt invested ove
McCraith Beverages
McCraith Beverages, Inc. commenced a 23,000 square foot, $3.7 million facility expansion in 2022. Based in New York Mills, McCraith is a wholesale distributor of beer, soda, water, snacks, wine, and spirits. The OCIDA and EDGE staff assisted with coordina
Wolfspeed
Wolfspeed has invested $1B in the Mohawk Valley through this project. The OCIDA's assistance in financial matters and material jumpstarted site construction that began in Spring 2020. Since its opening in April 2022, the brand-new, state of the art fabric
