CEG Economic Development Week in Review September 30 – October 3, 2025

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CEG IN THE NEWS

Federal shutdown stokes fears, uncertainty in local economy

REGIONAL ECONOMIC DEVELOPMENT NEWS

Sowinski Steel relocates from Mechanicville to Cohoes

“A maker of structural steel and other metal products has relocated from Mechanicville to a larger facility in Cohoes.

The 7,500-square-foot complex at 39 Ontario St., near the 112th Street Bridge that links Cohoes to Troy, is nearly double the size of Sowinski Steel’s previous home in Saratoga County, according to owner David Sowinski, who founded the subcontracting business about seven years ago.”

Catemer Inc.’s plans for Latham building to receive Albany County support

“An accomplished scientist’s efforts to overhaul an office/warehouse in Latham for a consortium of semiconductor-industry suppliers has teed up significant support from Albany County’s economic development arms.

Advanced materials company Catemer Inc., led by chemist and entrepreneur Barry Arkles, was awarded a $1 million low-interest loan last month from the Albany County Business Development Corp. for the Latham project.”

RPI to host Manufacturing Day on Friday

“Rensselaer Polytechnic Institute will host 175 high school students on campus on Friday as part of its annual Manufacturing Day.

This will be the 15th year that RPI has hosted the event, which will include a panel discussion by RPI students and graduates about their experiences in the manufacturing fields. RPI has long specialized in preparing students for engineering and advanced manufacturing jobs.”

As summer ends, pool maker Latham Group still growing revenue

“Summer temperatures may be fading in the Capital Region, making a dip in the pool less of a treat than when it’s scorching hot outside.

But that’s not impacting revenue at Latham Group, the pool manufacturer based in Colonie near the airport, which reported nearly $173 million in second-quarter revenue earlier last month. “