INVESTIGATIVE REPORT REVEALS POSTER CHILD FOR START-UP NY ISN'T MOVING TO NEW YORK

INVESTIGATIVE REPORT REVEALS POSTER CHILD FOR START-UP NY ISN'T MOVING TO NEW YORK

Valutek Still in Arizona With No Signs of Leaving

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Months-Late Status Report MIA; Head of Program Jumping Ship

 

New York--June 8, 2016...A new investigative reportrevealing the poster-child for Start-Up NY--Governor Cuomo's signature and much-maligned economic development program--shows no signs of moving from Arizona to New York five years after its heavily-touted announcement.

 

This revelation comes on the heels of a more than 60-day delay of the status report detailing how many jobs the dubious program has created and news that the director of the program, Leslie Whatley, is resigning from her position. The last report showed a paltry 76 jobs were created.

 

The announcement was made in 2011 that Valutek was relocating the "lionshare of its operations" including its headquarters from Phoenix, Arizona and its testing labs from China and Malaysia to New York under the Governor's Start-Up NY program. In 2013, Valutek CEO Greg Heiland was given the prestigious position of introducing the Governor at the annual State of the State address where he touted the relocation. In 2014, during the Governor's re-election campaign, he appeared in a torrent of Start-Up NY ads, to the tune of  $250 million in taxpayer dollars, primarily aired within New York's borders.

 

In his introduction of Governor Cuomo and in his appearance in the taxpayer-funded ads, Mr. Heiland flagrantly proclaimed--despite all evidence to the contrary--New York's notorious business climate had been reversed and it was the reason for his relocation. Mr. Heiland offered puzzling quotes like:  "I knew it's reputation as a high tax state, as an anti-business state...but New York is rapidly becoming the place to do business with new open-for-business policies. The conditions in New York are great for business...I tell people it's for the climate." All studies continue to show New York has the highest taxes, worst economic outlook and most worst business climate in the nation.

 

The CBS2 investigative report revealed that five years since the announcement, the company has still not relocated to New York and showed no signs of doing so in the near future. The state was forced to admit it does not have a contract with Valutek committing them to the move.

 

"Start-Up NY has been nothing more than the Governor's propaganda machine, which  unleashed a torrent of 'feel good' taxpayer-funded ads during his re-election campaign," said NYGOP Chairman Ed Cox. "These sham programs are collapsing like a house of cards, while New Yorkers are still suffering under a worst-in-the-nation business climate and $250 million tax dollars down the drain. The only encouraging news is voters are finally learning the truth and ready to elect a new governor."

 

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Date: 
Wednesday, June 8, 2016