Times Union By: Madison Iszler COLONIE — The newly appointed president of the state University at Albany said he plans to develop stronger relationships with the Capital Region community, increase access to higher education for young people and build on the university’s athletics program and research opportunities during his tenure
Daily Gazette By: John Cropley ‘This problem is going to persist for some time due to the baby boomers’ As economic developers work to attract, grow and retain employers in the Capital Region, they keep bumping into a problem: The region is barely adding people to take new jobs. Employers
Times Union By: Eric Anderson Region’s firms hope to fill vacancies in tech, manufacturing Colonie – Technology and manufacturing workers are in demand, and that’s pushed Capital Region wages for these occupations upward. Entry level salaries for engineering positions, for example, are in the $60,000 to $70,000 range locally, while
Saratoga Today By: Larry Goodwin SARATOGA SPRINGS – In the comfort of a shuttle bus that departed from a city hotel, and through informative personal visits, leaders of the Saratoga County Prosperity Partnership (SCPP) promoted both regional culture and local commercial sites this week to potential investors from as far
Albany Business Review By: Chelsea Diana Scott Stevens, president of Dimension Fabricators, spent $1.92 million to install about 100,000 square feet of solar panels across the roof of his factory in Glenville, New York. The price tag will go down to about $1.45 million with federal tax credits for solar,
For the Top Economic Development News of the Month, CEG selects news articles about projects or developments that promise to improve and/or transform the Capital Region’s economy, particularly those that related to manufacturing and initiatives outlined in Capital 20.20, a five-year, multi-pronged plan for bringing economic prosperity to the entire
The Capital Region’s economic performance in 2016 was on par with its peer metropolitan statistical areas (MSAs) nationwide and bested all other comparable metros in upstate. Among 14 MSAs with similar populations and economies, the Capital Region ranked in the middle of them (8th) when their 2016 economic performance was
The Capital Region is increasingly being recognized as a hot spot for millennials, and particularly those fresh out of college or starting their professional careers. Forbes in June ranked Albany the nation’s 21st best city for young professionals, tying Atlanta. That followed ValuePenguin’s ranking of the Albany-Schenectady-Troy metropolitan statistical area
Right: A programmable robot grasps a bearing to be pressed onto a wheel set. For 117 years, Simmons Machine Tool Corporation has been manufacturing specialized machine tools and automation systems that the railway industry uses for rail wheel set maintenance and production. The Albany company employs about 100 people at
Times Union By: Eric Anderson Officials cut the ribbon at Dimension Fabricators The nearly $2 million solar array consists of 3,300 panels and produces up to a million watts, enough electricity to supply as many as 120 homes, said Scott Stevens, Dimension Fabricators’ president. A number of officials attended, including
