CEG Economic Development Week in Review January 19-January 23, 2026
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
University at Albany: Engineering, Life Sciences Lead R&D Growth at UAlbany
REGIONAL ECONOMIC DEVELOPMENT NEWS
Amazon buys land for distribution center in Montgomery County
“Amazon bought 143 acres in rural Montgomery County for a $621 million, 3.2 million-square-foot distribution center that will rise nearly five stories high.
The online retailer paid $13.5 million for the land along Route 5S in the town of Florida less than 2 miles from Exit 27 of the Thruway, according to the listing broker, JLL.”
Albany tech firms see employment rise in 2025
“Big names in tech, from Amazon to Tesla, have announced thousands of layoffs in recent years as the unemployment rate in the industry has nearly doubled since the start of 2024.
But data from the newest Tech Services Companies List — available to subscribers in full, below — shows that the largest firms in our region have been less caught up in the churn than places like Silicon Valley and Austin.”
Despite Its Size, Glens Falls MSA Places In Top Tier Of U.S. Economic Strength
“When I first came to this area more than a decade ago, I was struck by the sense that this was a place that punched way above its weight. It had assets that communities many times its size were lacking like a 400 bed hospital, a professional hockey team and arena, a SUNY college campus, a world-class art collection…I could go on as you know with many more attributes. I tell people who haven’t been here that we are the gateway to the Adirondack Park and the bridge to the Capital Region all at the same time.”
Economic Outlook 2026: Strong Economic Signals Point To Growth In 2026
“Building on the economic development investments, job creation, and job retention successes achieved in 2025, Saratoga Economic Development Corporation is positioned to expand that momentum in 2026. Saratoga County offers a strong product to market and promote and is recognized across the region, state, nation, and world for its blend of history, thriving communities, one of the lowest tax structures in the state, and a collaborative, cooperative environment among government, business, and community development stakeholders.”
