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12-17-2007

Clarkson University Recognized for Economic Development Initiatives by St. Lawrence County Industrial Development Agency

Clarkson University and its president, Tony Collins, were honored last week by the St. Lawrence County Industrial Development Agency (IDA) at its annual recognition banquet.

We are fortunate to have Clarkson's intellectual, academic and research and development assets, said IDA Chief Executive Officer Raymond H. Fountain, "and we are grateful that Dr. Collins and the University have a vision and a passion for Clarkson being a driving force for economic development in St. Lawrence County."

The resolution went on to say that the collaborative economic development projects and initiatives between Clarkson University and the Agency were "a direct result of Clarkson's interest and commitment in utilizing their academic, intellectual, research and development assets to partner with the Agency to retain, develop and attract individuals and companies that are helping to diversity and grow the local economy."

Clarkson and the IDA have a long history of working together to improve the economy of St. Lawrence County, said IDA Chairman Brian W. Staples. "In the past 25 years we have issued numerous bonds on Clarkson's behalf, representing over $58 million in investments by the University. We've partnered on the reuse of their downtown campus, and we routinely share leads and work together developing prospects."

The resolution also acknowledged "the leadership role that President Tony Collins has undertaken in initiating and sustaining these efforts." Collins became president in 2004 with a commitment that the University would play an increasing role in the economic development of the North Country. Utilizing collaborations with government, private industry and with other universities, that goal is being realized.

The St. Lawrence County Industrial Development Agency is a public benefit corporation created by New York State legislation to promote, encourage, attract and develop job opportunities and economically sound commerce and industry in St. Lawrence County.

Clarkson University, located in Potsdam, New York, is a private, nationally ranked university with a reputation for developing innovative leaders in engineering, business, the sciences, health sciences and the humanities. At Clarkson, 3,000 high-ability students excel in an environment where learning is not only positive, friendly and supportive but spans the boundaries of traditional disciplines and knowledge. Faculty members achieve international recognition for their research and scholarship and connect students to their leadership potential in the marketplace through dynamic, real-world problem solving.

[News directors and editors: For more information, contact Michael P. Griffin, director of News & Digital Content Services, at 315-268-6716 or mgriffin@clarkson.edu.]

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