CEG Economic Development Week in Review March 31 – April 4, 2025

Stay up-to-date on business and economic development happenings in the Capital Region with the CEG Economic Development Week in Review. Don’t miss out on the developments that are transforming the region by following us on:

CEG IN THE NEWS

WNYT News 13: Hoosick Falls Middle School wins manufacturing video competition

REGIONAL ECONOMIC DEVELOPMENT NEWS

Capital Region women business owner numbers grow | Business | dailygazette.com

“To celebrate women working at the Iron Roost in Ballston Spa, owner Linnaea DiNallo got purple shirts from nearby woman-owned Nourish Design and even promoted the village boutique by including information about the business with the gift.

‘That’s the kind of support and collaboration that goes on all the time,” said Nourish Design owner Betsy Seplowitz on Thursday.’”

Craig Child to lead NSTC’s Extreme Ultraviolet Accelerator in Albany – Albany Business Review

“Natcast, the nonprofit tasked with operating the CHIPS Act-backed National Semiconductor Technology Center, has named the first director of the research consortium’s Albany branch.

Craig Child will serve as Natcast’s top-ranking representative based at Albany Nanotech Complex, which last year was selected to host the NSTC’s Extreme Ultraviolet Accelerator.”

G&G Industrial Lighting unveils new $6M HQ in Malta, New York

“At its new headquarters in Malta, G&G Industrial Lighting has room to grow.

That gives CEO Jason Baright confidence that, following a series of northward moves over the years — from the Hudson Valley to Colonie to Clifton Park to, finally, NYSERDA’s Saratoga Technology + Energy Park — the manufacturer has found its long-term home.”

Fort Miller Group buys former Essity site in Greenwich, New York

“A local manufacturing group recently paid $4.5 million in cash for Swedish paper products giant Essity’s shuttered plant in Greenwich, according to Washington County records.

The Fort Miller Group, an employee-owned holding company based in nearby Easton, will use the 230,280-square-foot complex at 72 County Route 53 for several of its businesses, Rick Schumaker, a member of the board of directors, told the Business Review.”