October 24 2025
News

CEG Economic Development Week in Review October 20 – October 24, 2025

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

Times Union: Letters: Albany must reform its inclusionary zoning law

NY.Gov: Governor Hochul Announces $40 Million Investment in New State-of-the-Art Facility for In-Demand Career Training 

 

REGIONAL ECONOMIC DEVELOPMENT NEWS

Metro-North to run first NYC-Albany trains amid Amtrak reductions

“As Amtrak cuts down on trips due to East River Tunnel repairs, the Metro-North Railroad will run its first-ever trains between Albany and New York City starting in the spring of 2026.

Announced in a Monday news conference by Gov. Kathy Hochul, the extended Metro-North service will begin with one daily round-trip between Albany-Rensselaer Station and Grand Central Terminal on the Hudson Line, which currently ends in Poughkeepsie. The expansion is intended to fill a gap in NYC-Albany service left by the cancellation or consolidation of three weekday Amtrak trips last May to accommodate long-delayed repairs to the East River Tunnels after damage done by Hurricane Sandy in 2012.”

Manufacturer to expand into $10 million development in Glenville

“Steel frames are in place for the construction of two new buildings located at Schenectady County’s Airport Business Park in Glenville.

Once finished, Schenectady-based manufacturer P1 Industries will lease the space in the two buildings located at 20 and 22 Airport Road — a 65,000-square-foot manufacturing plant and 25,000-square-foot headquarters, according to a news release.”

Tech, Manufacturing, And Small Business Growth Drive Warren And Saratoga County Development

“Interest in available Warren County shovel-ready sites is at its highest point in recent history. The key is matching prospective investors with the property they need.

Quite often, firms don’t have to be sold on features such as reliable infrastructure and high quality of life. They come because of prior familiarity with the area.”

HVCC to build new $64 million worker training center

“Hudson Valley Community College is building a new $64 million workforce training facility, a development on the campus that will be formally announced later Thursday morning.

Gov. Kathy Hochul said $40 million in state funding will go toward the project. The facility will house programs to train people for careers in building systems, automotive and transportation technologies, renewable energy, and semiconductor manufacturing.”

Funding Partners