News

October 24, 2014
Leaders focus on growing economy

The Saratogian By Lauren Halligan Growing a regional economy isn’t a simple feat, but hundreds of top business and organization leaders from the Capital Region gathered this week at an annual meeting focused on that goal. The Center for Economic Growth (CEG) held its 2014 Annual Member Meeting Thursday evening at GlobalFoundries in Malta. CEG […]


GloFo’s future feted at center’s annual meeting

The Daily Gazette By Stephen Williams IBM deal positions company for further growth GlobalFoundries’ pending acquisition of two IBM factories makes sense as part of the chipmaker’s aggressive growth strategy, the company’s senior vice president said Thursday.


October 23, 2014
CEG, GlobalFoundries celebrate Fab 8

Times Union By Larry Rulison Center for Economic Growth, Fab 8 celebrate anniversary, future growth Tom Caulfield was the man of the hour Thursday night in the town of Malta. Caulfield, the general manager of Fab 8, the massive computer chip factory built byGlobalFoundries in this once sleepy Saratoga County town, was the keynote speaker […]


GlobalFoundries general manager addresses Albany business community

Albany Business Review By Megan Rogers Thomas Caulfield, the top Albany, New York area executive at GlobalFoundries, describes the computer chip manufacturing company as the “little guy getting bigger.” Caulfield, a former IBM executive who took over GlobalFoundries’ $10 billion complex in Malta, New York in May, addressed a crowd of more than 300 Albany […]


Center for Economic Growth stays focused on education, entrepreneurship and infrastructure in 2015

Albany Business Review By Megan Rogers F. Michael Tucker, CEO of the Center for Economic Growth, says the economic development organization will focus on education and workforce development, entrepreneurship and infrastructure in 2015. “Investing for the next couple of years in these projects will allow us to build the capacity to truly leverage the tremendous […]


October 3, 2014
Annual meeting at Fab 8 on Oct. 23

Times Union Larry Rulison The Center for Economic Growth in Albany will hold its 2014 annual meeting on Oct. 23 at the GlobalFoundries Fab 8 computer chip factory. The keynote speaker for the event will be Thomas Caulfield, Fab 8′s general manager. The CEG annual meeting is typically the biggest local business gathering of the year.


August 25, 2014
Venturing record gains

Times Union by Larry Rulison Early-stage firms, start-ups bring ideas, capital to upstate Venture capital is once again flowing into upstate New York. Although the total amount of money coming to early-stage companies and start-ups isn’t anywhere near the levels of 2000 — or even those reached just before the 2008 recession — the number of […]


August 21, 2014
Does the Northway need another exit?

Times Union by Eric Anderson Will Northway Exit 11A be built? Will local roads be expanded? Might alternatives to commuting by car be needed? These are some of the questions a $500,000 study of traffic in Saratoga County, funded by National Grid, Saratoga County, the Towns of Malta and Stillwater, the Saratoga County Industrial Development […]


National Grid, Center for Economic Growth, GlobalFoundries, Saratoga County and Others Announce $500,000 Traffic Study for Saratoga County

Effective collaboration between private sector and local government will provide the community with useful data for long-term planning and sustainable development Malta, NY – Based upon a unique partnership between National Grid, regional business leaders and government officials, the Center for Economic Growth (CEG) announced that a $500,000 traffic study has been funded in an […]


August 19, 2014
Does the Northway need another exit to accommodate GlobalFoundries?

Albany Business Review by Megan Rogers Creighton Manning Engineering will conduct a $500,000 traffic study to determine if an additional exit off the Northway is needed to accommodate growth that GlobalFoundries has spurred in Saratoga County, New York. GlobalFoundries, a computer chip manufacturer with more than 2,200 employees in Malta in Saratoga County, is National […]


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