Week in Review: May 25 – 29, 2020
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CEG IN THE NEWS
Troy Record: CEN, CEG launch Capital Region manufacturing re-start program
Times Union: Report highlights Capital Region’s role in Covid-19 efforts
REGIONAL ECONOMIC DEVELOPMENT NEWS
GE Research team developing giant robotic earthworm
“Giant robotic earthworms.
This last item seems a most unlikely addition to the list of gadgets and technology General Electric engineers have developed or improved in the last century, but working prototypes of the wormlike robot have been burrowing through soil with increasing speed at the GE Research facility in Niskayuna.”
Schenectady County craft brewers struggle through shutdown and ponder the new normal
“So local craft brewers are left hoping that the pandemic shutdown, as disruptive as it has been, isn’t followed by a new normal that leaves a long-lasting crimp in their industry.
Crowded taprooms, comfort foods eaten elbow-to-elbow with the people on either side, sports on the big screen or live music on a small stage — all the things that bring people out to their local brewer instead of making a beer run to the local store read like a checklist of what not to do in the era of COVID-19.”
Local unemployment rate jumps to three-decade high
“The unemployment rate in the five-county Albany metropolitan area more than tripled in April to 12.5 percent of the workforce, the state Labor Department reported Wednesday. It was the highest figure for any month in records dating back three decades to 1990.
In April 2019, by comparison, the unemployment rate was just 3.3 percent. And in March of this year, it was 3.9 percent.”
Trump announces $60.9M for CDTA project
“It came in a tweet.
On Thursday evening, President Donald Trump announced that the federal government was providing $60.9 million to build the Purple Line bus rapid transit route from downtown Albany, along the Washington and Western avenue corridor, to the University at Albany, SUNY Polytechnic Institute and Crossgates Mall. It’s the third of three bus rapid transit routes planned by CDTA.”
‘Argyle Cheese Farmer’ Opens Storefront In Hudson Falls, Selling A Variety Of Products
“Argyle Cheese Farmer, the cheese manufacturing business on the farm of David and Marge Randles, has opened a storefront location at 2358 Burgoyne Ave. in Hudson Falls.
The Randles cheese farm location in Argyle is on a 225-acre family farmstead dating back to the 1860s. The storefront in Hudson Falls gives the owners another outlet where people can find and purchase their popular products.”