October 3 2019
Manufacturing, News

MFG Day 2019: Capital Region Manufacturers Have Much to Celebrate

When the Capital Region celebrates Manufacturing Day this Oct 4, it will do so with an expanding manufacturing sector. Over the past five years the sector has grown by 8.1 percent, according to a Center for Economic Growth (CEG) analysis of data from the New York State Department of Labor. Fastest-Growing Industries In 2018, there

September 16 2019
Biotechnology/Life Sciences/Pharmaceuticals, Manufacturing

Capital Region Manufacturing Evolution

Area’s Drug Manufacturing Industry Becomes One of the Nation’s Largest The Capital Region’s pharmaceutical and medicine manufacturing industry is rapidly becoming the one of the nation’s largest. In the past five years, the five-county Albany-Schenectady-Troy metropolitan statistical area’s national ranking for jobs in this industry has climbed to 13th from 20th. Even more, the MSA’s

April 4 2019
General, Manufacturing

Nearly 12% increase in Federal Defense Spending in the Capital Region

Department of Defense (DoD) spending for work primarily performed in the Capital Region rose  over the year by 12.2 percent in fiscal 2017. In fiscal 2017, the amount the federal government owed1 for unclassified contract and grant award transactions was $151.1 million for work primarily performed in the eight-county region2, according to a Center for

December 5 2018
Clean Technology, Employment/Workforce, Manufacturing

NY’s Offshore Wind Push Could Boost Capital Region Ports and Manufacturers

With New York State pursuing one of the nation’s most ambitious plans for generating offshore wind (OSW), the Center for Economic Growth (CEG) is working to position the Capital Region’s two water ports as facilities for the manufacturing and fabrication of OSW components. In January 2018, New York State released an Offshore Wind Master Plan

November 12 2018
Employment/Workforce, Manufacturing

Manufacturing Careers in the Capital Region

The Capital Region’s manufacturing sector employed more than 34,000 workers in 2017 and is projected to add nearly 2,800 over the next 10 years. That 7 percent increase in manufacturing employment far outpaces projections for the nation (0 percent) and state (-5 percent), according to estimates from Economic Modeling Specialists Int. (EMSI). Hot Local Manufacturing

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