GRE Board Level Investors

The Greater Rochester, New York Region

R. Wayne LeChaseChairman of the Board of Directors

Dennis MullenInterim President and CEO

Bausch & Lomb, Inc.

Benderson DevelopmentCompany, LLC

Birds Eye Foods

Blue Cross & Blue Shield of the Rochester Area

City of Rochester

Coalition of Area Developers1

Coalition of Engineers andArchitectural Firms2

Democrat and Chronicle

Dixon Schwabl Advertising

Eastman Kodak Company

JADD Mgt, LLC; Conifer Realty,LLC; August, August, Lane

Jasco Cutting Tools

LeChase Construction

M&T Bank

Marie C. and Joseph C. Wilson Foundation

Monroe County

Nixon Peabody, LLP

Larry Peckham

Preferred Care

RGS Energy Group

Thomas S. Richards

Rochester Auto DealersAssociation

Rochester Business Alliance

Rochester Institute ofTechnology

Telecomp, Inc.

The Pike Company

UNICON

United Way of GreaterRochester

University ofRochester/University ofRochester Medical Center

Wendy's Restaurants ofRochester

Robert D. Wayland-Smith

Wayne County IDA3

Anne Whitman

Christine Whitman

Wilmorite, Inc.

Xerox Corporation

Aetna

Anonymous, (1)

Bank of America

Beh Industrial Park3

Bergmann Associates, P.C.2

Bob Murphy, MacedonExcavating3

The Bonadio Group

Boylan Brown Code Vigdor &Wilson, LLP

Buckingham Properties1

Alan & Nancy Cameros

Canandaigua National Bank

Clark Patterson Associates2

Clover Capital Management

Clyde Industrial DevelopmentCorp.3

Cohen Asset Management1

Davenport-Hatch Foundation

Digital Rochester

Erdman, Anthony & Associates,Inc.2

ESL Federal Credit Union

Family First Federal Credit Union

Fibertech Networks

Flaum Management1

FRA Engineering2

Gallina Development Corp.1

Gianniny Associates1

Haley & Aldrich of NY2

Harter Secrest & Emery, LLP

Home Properties of NY, LP

HSBC Bank, USA

IBC Engineering, P.C.2

Johnson Controls, Inc.

JP Morgan Chase

Klein Steel Service, Inc.

Germaine Knapp

Konar Properties1

LaBella Associates, P.C.2

Lacy Katzen, LLP

Landsman DevelopmentCorporation1

R.P. LeFrois Builders1

Livingston County IDA

Lyons Industrial DevelopmentCorp.3

Lyons National Bank3

M/E Engineering, P.C.2

Max Adler Foundation

MCA Group/TechniplexAssociates1

Mitchell Pierson, Jr. Realtors, Inc.

Moore Corporte Real Estate, Inc.1

MRB Group, P.C.2

NAI Pyramid Brokerage Companyof Rochester, NY1

D.J. Parrone & Associates, P.C.2

Passero Associates, P.C.2

Pathfinders Engineers, LLP2

Roberts Wesleyan College

Rochester Area CommunityFoundation

Geoffrey Rosenberger

Savannah Bank, N.A.3

Seabreeze Amusement Park

Seneca County IDA

Silver Hill Association3

Stantec2

SWBR Architects, P.C.2

The Realtors

Time Warner Cable

Town of Arcadia3

Town of Butler3

Town of Galen3

Town of Huron3

Town of Lyons3

Town of Ontario3

Town of Savannah3

Town of Sodus3

Town of Walworth3

Town of Williamson3

Town of Wolcott3

Trillium Group

Underberg & Kessler, LLP

Unity Health

Via Health

Village of Clyde3

Village of Newark3

Village of Palmyra3

Wayne County3

Wayne County Water & Sewer Authority3

Wayne Economic Development Corp.3

The West Group

Investor Partners

1 Member of the Coalition of Area Developers2 Member of the Coalition of Engineers and Architectural Firms3 Member of Wayne County IDA

100 Chestnut Street One HSBC Plaza Suite 1910 Rochester, NY 14604

NameCompanyAddressCity State Zip

G r e a t e r R o c h e s t e r E n t e r p r i s e J u n e 2 0 0 6

R O C H E S T E R , N Y. R E S O U R C E S F O R B U S I N E S S . R E M A R K A B L E Q U A L I T Y O F L I F E .

R o c h e s t e r B i z . c o m

READ MORE ABOUT

...... Ongoing CollaborationGRE is reaching out to its economic

development partners to promote

the Rochester Region's strengths

and assets.

READ MORE ABOUT

...... BIO 2006 Representatives from GRE, URMC,

Cornell Ag Park and three local

companies traveled to Chicago for the

largest biotechnology industry event.

READ MORE ABOUT

...... BARILLA AMERICAFind out why the world's

largest pasta-maker is building

its newest manufacturing facility

in Avon, Livingston County.

A MESSAGE FROM THE PRESIDENTIt has been my privilege to serve as the interim President and CEO of Greater Rochester Enterprise (GRE), a public-private partnership established to professionally market the Greater Rochester, New York Region as acompetitive, high-profile place for business location and growth.

This month, we are pleased to introduce the first edition of “Talk It Up Rochester” — a newsletter to facilitate thecommunication of GRE’s activities, as well as our partners’ efforts to bolster the economic landscape of this region.

We chose the name “Talk It Up Rochester” to serve as a rallying cry for each of us to remember that we must beambassadors for our region. Be proud of this region and the abundance of assets that make this a great place tolive, work and raise a family.

When I assumed my role at GRE, it became clear to me that in addition to serving as ambassadors, we all playcritical roles as matchmakers and rainmakers. As matchmakers, we connect businesses with resources to thrivein Rochester. As rainmakers, we lead initiatives to increase resources for businesses that call this region home.

We at GRE are also continually working to foster a true collaboration with our regional partners within government,business and community organizations to create a thriving environment for existing and new businesses.

To that end, GRE extends our appreciation to our New York State, Monroe County, Wayne County and City ofRochester partners who help make this collaborative approach possible:

• For Empire State Development, Jack Kinnicutt, Director, Finger Lakes Regional Office; and Kevin Hurley,Economic Development Specialist

• For Monroe County, Terry Slaybaugh, Director of Planning and Development; and Judy Seil, EconomicDevelopment Manager

• For Wayne County, Peg Churchill, Director, Wayne County Industrial Development Agency

• For the City of Rochester, Carl Carballada, Commissioner of Economic Development; and Paul Morrell, SeniorEconomic Development Specialist

GRE’s primary mission is to be accretive to the existing economic development process and pursue businessattraction opportunities that maximize the use of our regional assets — plant, property or human resources —to be an economic driver for the Rochester Region.

Our region is already starting to see success from the collective efforts of our regional economic developmentteam. But success would be impossible without true collaboration. GRE and our partners need each other tosucceed, and we, in turn, need the community’s help to grow our regional economy even more.

In short, we need you to help us “Talk It Up” as ambassadors, rainmakers and matchmakers for businessdevelopment and growth of the Greater Rochester, New York Region.

Interim President and CEOGreater Rochester Enterprise

Dennis Mullen is interimPresident and CEO of Greater Rochester Enterprise.

Talk It UpROCHESTER

CONTACT USThe Greater Rochester Enterprise team is here to help you grow your business in Rochester, NY.

Call us at 585-530-6200E-mail: Info@RochesterBiz.com

Greater Rochester Enterprise would like to thank our investors:

R o c h e s t e r B i z . c o m

Presorted StandardU.S. Postage

PAIDROCHESTER, NYPermit No. XX

BARILLA TO OPEN $96.2MPASTA PLANT IN AVON

The largest food manufacturer inItaly is cooking up somethingspecial in Rochester, New York.

Pasta-maker Barilla America Inc. and businesspartner Jacobson Warehouse Company Inc. have announced they will open their newestU.S. pasta facility on a 49-acre site in Avon,Livingston County.

Barilla America—part of the Barilla Group, theworld’s largest pasta manufacturer—willinvest $87.7 million in the facility; Jacobsonwill invest $8.5 million. The project, which isscheduled to break ground in summer 2006,is expected to start production in summer2007 and create 121 jobs.

“Parma, Italy has been our home for almost125 years, ever since Pietro Barilla opened hissmall pasta shop,” said Barilla America

President Kirk Trofholz. “We were looking for acommunity that would provide the samehometown feel and have the right mix ofbenefits. We found all of that in Avon.”

Patrick Rountree, managing director of theLivingston County Development Group, praisedthe team that worked together to attract Barillato Avon. “This astonishing accomplishment isthe result of the hard work and dedication ofmany partners, including Empire StateDevelopment, National Grid, and GRE.”

“GRE works in a concerted effort to attractbusinesses to the Rochester Region,” saidDennis Mullen, interim President and CEO of GRE. “I’m pleased that Barilla Americarecognized our Region’s skilled workforce,quality of life, and accessibility to its Northeast customers—and extend mycongratulations to Pat Rountree and theLivingston County team.”

GLEASON WORKS TO INVEST$18.7M IN ROCHESTER PLANT

Gear manufacturer Gleason Workshas announced it will invest $18.7million to upgrade its UniversityAvenue facility, retaining 625 jobs.

Established in 1865, Gleason Works is one ofthe area’s oldest manufacturing companies.

“I’m very pleased that Gleason Works hasrenewed its commitment to the City ofRochester,” Gov. George Pataki said. “We knowthat when we give New York’s skilled anddedicated workforce a chance to compete, theyout-compete any place in the world.

“Whether it's our successful Empire ZoneProgram, cutting taxes, or reducing Stateregulations, we remain committed to the pro-growth, pro-job policies that work to create jobs

and help Upstate companies, like GleasonWorks, achieve success,” Pataki added.

The company considered several strategicoptions, including relocating some or all of its Rochester operations to facilities in othercountries. The $18.7 million investmentrepresents one of the largest singleinvestments Gleason has ever made.

Numerous public and private partners,including Empire State Development and GRE,worked to keep Gleason Works in Rochester.

“We very much appreciate the assistance weare receiving so that we can retain a significantpresence in Rochester, ” said Gleason Presidentand CEO John J. Perrotti. “We were impressedwith the professionalism and collaboration ofall those involved.”

ASHLEY FURNITURE HOMESTORES TO EXPAND, CREATE 72 JOBS

Wellsville Carpet Town Inc., doing business asAshley Furniture HomeStore, announced in Aprilthat it plans to construct a 75,000-square-footassembly and distribution center in Batavia,Genesee County. The project is expected to create 72 new jobs and retain 36 existing jobs.

Wellsville Carpet Town is a licensee of AshleyFurniture HomeStores. All retail outlets, includ-ing the facility in Batavia, are independentlyowned and operated.

Wellsville Carpet Town, Inc. will invest $3.8 millionin the project and locate the facility in a new Build Now NY site.

The company considered locations outside of New York State, “but after considering the benefits

of a Batavia location, the tremendous workforce available in the area, and the incentives providedby Empire State Development, the Governor'sOffice For Small Cities and the Genesee CountyEconomic Development Center, the decisionbecame an easy one to make,” said Tim Quinn,Vice President of Operations at Wellsville Carpet Town, Inc.

“Thanks go out to all who have helped make this project a reality."

“Congratulations to Buffalo Niagara Enterpriseand GCEDC for spearheading this important project for Western New York,” said DennisMullen, interim President and CEO of GRE.

Jim Pierce, Gleason's director of manufacturing operations,right, and Nancy Malin-Peck, the company's director ofcontinuous improvement,second from left, join Vicki Prattfrom GRE and Kevin Hurley from Empire State Developmentin celebrating Gleason's recent announcement.

Barilla America President and CEO Kirk Trofholzannounces his company's decision to locate amanufacturing facility in Avon, LivingstonCounty, outside of Rochester, New York.

BIO 2006Greater Rochester Enterprisetraveled to Chicago in April toattend Bio 2006, the leadingbiotechnology trade show thatattracts more than 18,000scientists, investors, company

executives and government officials from more than 60nations and all 50 states.

Representatives from GRE partnered with the University ofRochester Medical Center, the Cornell Agriculture & FoodTechnology Park, and local companies to showcase thestrengths of our region in vision science; medical device andinstrumentation; and agricultural biotechnology.

GRE also invited representatives from Logical Images, ThermalGradient and VirtualScopics to be our guests at this event tohighlight these emerging biotech companies as examples ofthe innovation and success occurring in our region.

Business development• Representatives from GRE recently traveled to New Jersey

to meet with Johnson & Johnson’s senior management teamas part of our pro-active business development efforts.

• GRE met with representatives from the Cornell Agriculture &Food Technology Park—the “Cornell Tech Farm”—in Genevato discuss ways to leverage our collective assets to attractbusiness to the region and promote this importantagricultural biotechnology resource.

INVESTOR SPOTLIGHT

SPREADING THE WORD ABOUT

ROCHESTER

• GRE worked in collaboration with Empire State Development andNational Grid on a new print ad touting our recent success inattracting Barilla America to the Rochester Region. At the same time,we reinforced our key regional assets in the print ad, includingshovel-ready sites, an exceptional workforce, and proximity to keymarkets—all of which make our region an attractive location forbusiness expansion.

The ad appeared in key economic development publicationstargeted at site selectors and corporate real estate brokers, such as Site Selection and Business Facilities.

• GRE also collaborated with the Genesee County EconomicDevelopment Center on a promotional flyer highlighting our region’ssuccess in attracting a new furniture assembly and distributioncenter for Wellsville Carpet Town, a licensee of Ashley FurnitureHomeStores. The ad promoted our top-choice tax incentives, highlyeducated workforce and business-friendly attitude—all reasonswhy Wellsville chose to expand in our region.

• The Rochester Region was well represented at a recent meeting of the Industrial Asset Management Council (IAMC) in San Diego. The IAMC is a leading association of industrial asset management andcorporate real estate executives, their suppliers, service providers andeconomic developers. While at the IAMC event, representatives fromGRE met with four site selectors — the people who influence corporatelocation decisions.

• Representatives from GRE, the City of Rochester, Monroe County andNew York State attended the CoreNet Global Summit in Philadelphia.CoreNet is the world’s leading professional association for corporatereal estate executives. Its 7,500 members manage $1.2 trillion ofoffice, industrial and other space. While in Philadelphia, GRE met with seven leading site selectors to discuss potential economicdevelopment opportunities and corporate expansion projects.

INDUSTRY SPOTLIGHT

Benderson Development

GRE is pleased to shine this month’sinvestor spotlight on BendersonDevelopment Co. Inc., one of ourearliest investors and owner ofHSBC Plaza, where GRE is located.Donald Robinson, senior vice

president of Benderson, says the formation of GRE was one ofthe most significant initiatives Rochester has ever undertaken. GRE’s future is critical for the continued financial well-being ofthe community, Robinson says. “It has to succeed,” he said.Benderson is one of the largest shopping center owners in theU.S. The company manages 250 properties with more than 25 million square feet of retail space in 35 states.Locally, Benderson oversees 18 properties encompassing 2 million square feet. Those properties include EastgateSquare in Victor and a proposed development in Henriettacalled Market Square, in addition to HSBC Plaza.Robinson is proud to support GRE. “We’re delighted to be partof it and will continue to be part of it,” he said.