September 4 2018

Economic Development Week in Review: August 27- August 31, 2018

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:



KeyBank leader to focus on ‘placemaking’

“KeyBank executive Ruth M. Mahoney will discuss how private-public partnerships can assist in “placemaking,” reimagining public spaces to create dynamic, diverse communities, Sept. 7 at The College of Saint Rose.

This 2018 Peter M. Tully Lecture begins at 7:30 a.m. with registration and networking at the Thelma P. Lally School of Education, 1009 Madison Ave., Albany. The one-hour talk begins at 8 a.m. The event is free and open to the public. Register at”

$40 million-plus apartments, offices approved in downtown Troy

“United Group of Cos. Inc. has received approval from city planners in Troy, New York, to build a $40 million-plus mixed-use development downtown.

The developer will now pursue tax exemptions from the city industrial development agency.”

New brewery opening in downtown Schenectady as part of $25 million development project

“A new brewery is coming to downtown Schenectady as part of a $25 million redevelopment project under construction on lower State Street.

JT Pollard of Re4orm Architecture is opening Frog Alley Brewing Co., named after the Schenectady baseball team that was arrested in 1903 for playing on a Sunday.”

Tire Conversion CEO has a strategy that could cut his material costs in half

“John Vogel is working with a team of engineers from Rensselaer Polytechnic Institute on technology that could cut his material costs in half.

The chief executive of Tire Conversion Technologies in Latham, New York, employs 37 people who use recycled tires to make a variety of products.”

Seminar to help veterans start up and grow businesses

“Arthur Coon retired from the Army National Guard after 32 years of service, but questioned what his next mission will be.

“Coming from the Army (and) Army National Guard, you’re always going 100 miles per hour,” he said. “It’s like, go out and recruit people, ride on helicopters and do all that cool stuff and then poof, you’re retired. Plus, you lose your identity. I was always Sgt. Coon. Now I am like, ‘Who am I?’”

Coon found and arranged a Boots to Business Reboot event, to be held at the Queensbury armory, 65 Stone Quarry Road, on Oct. 9.”

Veterans outreach center funded for another five years

“The Arsenal Business & Technology Partnership has been awarded a $5 million U.S. Small Business Administration grant to continue operating its Veterans Business Outreach Center for another five years. The center provides entrepreneurial training, mentoring and other services to veterans and military spouses interested in starting or growing a business.

‘These federal funds will give our veterans in the Capital Region and throughout New York State new opportunities to start businesses and create jobs,’ said U.S. Sen. Kirsten Gillibrand.”


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