Governor Andrew M. Cuomo announced that the Hudson Valley Economic Development Corporation (HVEDC), in partnership with Taste NY, held its first regional Beer, Wine & Spirits Summit at the Culinary Institute of America to support the regional beverage industry and promote locally-produced beer, wine, cider and spirits sales and tourism. The event drew more than 200 industry representatives from throughout Hudson Valley. The HVEDC’s Food & Beverage Alliance organized a roundtable discussion focusing on the challenges and growth opportunities available in the industry specific to the Hudson Valley region following Governor Cuomo’s statewide summit held last October.
State officials, economic development leaders and industry representatives in attendance provided information on the Taste NY initiative, expanding beverage trails, the state’s new One-Stop Shop and an update on state liquor regulations as well as the local wine industry.
The Hudson Valley Economic Development Corporations’ Food & Beverage Alliance hosted the summit to discuss ways to grow the already prosperous beverage industry into an even greater sector for the Hudson Valley. The event addressed a variety of topics, including exploring business-to-business needs, industry policies at the state and federal levels, workforce training and education initiatives including funding opportunities, access to capital through loan and grant programs, and networking.
New York is now home to nearly 520 wineries, breweries, distilleries, and cideries. Producers account for more than $22 billion in annual total economic impact in the state and support tens of thousands of jobs statewide. The state ranks third in the nation in wine and grape production, has the second-most distilleries, and three of the top-producing 20 brewers in the United States are located in New York.