April 17 2017

Week in Review: April 8-April 15, 2017

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:


Colonie startup innovating how we heat and cool

CEG’s Kennedy talks to the Business Review about consolidated $150M Wadsworth Center labs


Ride-hailing services upstate, free college tuition in New York state $153.1 billion budget deal

“The $153.1 billion New York state budget has been passed by the Assembly and Senate and now awaits Gov. Andrew Cuomo’s signature.

The budget includes allowing ride-hailing services like Uber and Lyft to begin operating upstate, as well as providing free tuition for some public college students.”

Where are Rivers Casino employees coming from?

“In order to work at Rivers Casino, or any licensed gambling facility in the state, an employee who has been hired by the business must then apply for a license from the state Gaming Commission.

As of April 3, the Gaming Commission had received 1,211 applications from Rivers Casino since it opened on Feb. 8. That includes people who were hired, fired, quit, had their applications denied or were still being processed.”

Land Remediation opens Waterford headquarters

“The environmental remediation company Land Remediation Inc. recently completed its new, $1.8 million headquarters and operations facility at 74 Hudson River Road and plans a grand opening Friday.

The company, which received $188,000 in tax incentives from the Saratoga County Industrial Development Agency with assistance from the Saratoga County Prosperity Partnership, has 29 employees and plans to add another 12 full-time workers over the next three years, with an average salary of $60,000.”

Demand for health care jobs to grow

“As baby boomers reach their golden years, the demand for jobs in the health care field is expected to grow in the next decade.

At a career fair for students at Columbia-Greene Community College on Tuesday, traffic was heavy at the tables of health care providers, hospitals and retirement communities.”

Athletic wear maker is a homegrown enterprise  

Nestled atop a gym in Ballston Spa, sewing machines and sergers are moving constantly. 

Synthetic fabrics are continually cut and the pieces pinned to patterns and will eventually be sewn into yoga pants and other athletic wear.

Funding Partners