CEG Economic Development Week in Review – December 4 – December 8, 2017
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CEG IN THE NEWS
REGIONAL ECONOMIC DEVELOPMENT NEWS
“Three dozen companies have donated $3.1 million to help Hudson Valley Community College build a new advanced manufacturing center on its campus in Troy, New York.
The two-year school will seek bids early next year to construct a $14.5 million training center, positioning Hudson Valley to prepare more students for careers as machinists, lathe operators and technical sales and marketing executives.”
“Eric Sheffer can trace his family farm’s roots back to 1774.
To keep it financially viable, he recently transitioned the operation from a conventional dairy to full-fledged organic milk production, which yields higher prices and profit margins.”
“The North Country has an abundant supply of timber to support the region’s forest products industry.
The key is developing a trained, well-equipped workforce of loggers that employers such as Finch Paper, LLC, depend on for their livelihood, a company official said Tuesday.”
“Plug Power CEO Andy Marsh says the Latham, New York, manufacturer could have more than 60,000 of its fuel cell units at more than 500 sites across the world by 2022.
As the cost of making the fuel cells decreases, and the global market for fuel cells expands, Marsh said Plug could have annual deployments of $500 million in the next five years compared to $180 million today.”
“Dandelion, a geothermal energy startup based in Albany, New York, that started on Google’s campus, has hired two new executives as the company looks to expand next year.
Ryan Hunter has been hired as vice president of operations. Hunter most recently served as the senior vice president of installation operations at Sungevity, a solar electricity company based in Oakland, California, that filed for bankruptcy earlier this year. Hunter was previously at SolarCity and Meridian Solar.”