After 200 years of serving as the economic engine for the village and surrounding region, the abandoned Waterbury Felt Mill might see life once again. The old River Street wool mill, which once employed more than 300 people in Oriskany, has been deteriorating since it abruptly closed about a year ago. The property was purchased… Read more »
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Crowds line up for tours of historic factory
ORISKANY — Local businessman James Kernan is spearheading the revival of the former felt mill on River Street, but first Kernan is spearheading a different sort of revival. On Saturday, dozens of visitors came to former Waterbury Felt Factory to tour the building and get a close-up view of some village history — that previously… Read more »
Businessman wants to breathe new life into old felt mill
ORISKANY — Businessman James Kernan wants to spearhead the revival of the former felt mill on River Street. He bought the complex earlier this year at a county tax foreclosure auction and is now proceeding with redevelopment plans. “We will retain the historic elements that make this a landmark property,” he said. “Such as the… Read more »
Solving Chronic Unemployment by Creating Minority Entrepreneurs
From Huffington Post The U.S. government is looking for solutions. It requires that a certain percentage of its contracts be awarded to minority firms, but this can create its own set of problems and often times doesn’t live up to its intention. Large public works projects, for example, require that 9 percent of the budget be awarded to… Read more »