Thursday, 22 June 2017

Major Employers


According to 2009 Census Bureau business data, the Town of Ticonderoga has 150 business establishments. The majority of these firms (76.7%) employ nine or fewer individuals.

International Paper is the Town and county’s largest employer. The company employed roughly 700 people at the Ticonderoga Mill as of 2005; these permanent and provisional employees and contractual workforce represented about 50% of the Town of Ticonderoga’s total jobs. In 2011, the firm indicated that total employment at the Mill was closer to 580 positions. Jobs with the firm tend to be high quality: the average wage earned by employed individuals in Ticonderoga exceeds the County average by about $10,000, thanks largely to the pay scale at IP.

In 2003, IP’s annual payroll was $38.7 million. More recent news reports place this figure at close to $40 million. Regardless of the precise value, this figure represents a large chunk of the Town’s total 2009 payroll of $85.7 million. In 2003, the total assessed value of IP property and lands constituted 22% of the town’s assessed property value, making IP the largest single contributor to the Town’s property and school tax rolls.

Retail trade accounts for a large proportion of Ticonderoga’s jobs and economic activity. As of 2009, there were 35 retail establishments based in Ticonderoga. Total retail receipts were just under $8.8 million annually, as of the 2007 Economic Census. The largest employer is the Wal-Mart Supercenter, which employs more than 100 individuals. In October 2011, a 25,000 sf Tractor Supply store opened in Ticonderoga.

As discussed above, the health care and social assistance sector also employs a large number of Ticonderogans. The Town has 16 different health care and social assistance establishments, the largest of which, The Moses-Ludington Hospital, employs more than 100 individuals.

The Ticonderoga Central School District and the Town are the Town’s other major employers.

The Town benefits from a large local population base in both New York and Vermont. The trade market maps below indicate the number of people who live within five, 10, 15, 20, and 25 miles of Ticonderoga’s Town Hall. See full report here.

The Ticonderoga Revitalization Alliance is a not-for-profit local development corporation whose mission is to help restore economic prosperity in the Ticonderoga region by serving as a catalyst for public-private partnerships and investment opportunities.

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