September 3 2021
News

Week in Review: August 30, 2021 – September 3, 2021

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:

CEG IN THE NEWS

Register-Star: CEDC offers business course amid growth

Times Union: Craft beer and brewing programs continue to expand at SCCC

Saratogian: Local children’s museums join forces to expand regional impact and increase efficiency

 

REGIONAL ECONOMIC DEVELOPMENT NEWS

GE riding supercomputer to renewable energy future

“If the United States wants to reach its goals of zero-emissions energy production, it’s going to need to tap into some extreme computing power.

Luckily, two engineers at GE Research in Niskayuna who are working on renewable energy technologies just got their hands on the U.S. government’s most powerful supercomputer to aid them in their work. GE Research is the main research lab of General Electric Co.”

Kirsh Helmets to move HQ as sales of its motorcycle helmet increase nationwide

“After four years of presentations, fundraising and product development, the startup Kirsh Helmets is graduating from the New York BizLab accelerator and moving its headquarters to a facility in Scotia.

That means the company basically outgrew the accelerator as the startup expands its product sales online and across the country.”

Albany Med study finds tests can detect dead virus fragments

“A new study out of Albany Medical Center and Albany Medical College found that the standard test used to diagnose COVID-19 is sensitive enough to detect the coronavirus for days and even weeks after it’s no longer infectious.

The study, which looked at a small sample of 14 Albany Med patients being treated for COVID-19, set out to determine why some were still testing positive for the virus long after they had recovered from their infections. Doctors theorized that the standard test used to diagnose COVID-19 — a nucleic acid amplification test (NAAT) — was perhaps too sensitive and was picking up on leftover genetic material from the virus.”

Owner Of Area Napa Stores To Build Large $3.5 Million Wholesale Distribution Center

“Saratoga County will soon be home to one of the largest auto parts facilities in the area.

Napa Auto Parts retailer and distributor Jeff Shorr Jr. said a 15,600-square-foot retail and wholesale distribution center in Milton will be constructed for $3.5 million. It should be completed next year.”

Amazon last mile warehouse moves forward in Colonie

“An Amazon last-mile delivery hub off Route 9 moved through the second step of the planning process last week after about an hour-long discussion.

The plan would renovate the now vacant Precision Valve Automation building on Mustang Drive to accommodate the 24-7 Amazon delivery operation. It would see some 14 tractor trailers come to the site loaded with packages from regional distribution sites like the one recently built in Rensselaer County.”

Funding Partners