October 23 2026
News

CEG Economic Development Week in Review October 19 – October 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:

REGIONAL ECONOMIC DEVELOPMENT NEWS

GlobalFoundries has already started site work for new Malta chip factory

“Site clearing had already started before last week’s big announcement that GlobalFoundries will build a second computer chip factory at its campus in the Saratoga County town of Malta.

It just wasn’t publicized to the news media.”

Adirondack Mechanical Adds Shop Capacity As Industrial Service Business Expands

“A company that has provided high-quality industrial maintenance services to clients in the Capital Region and beyond for 30 years has expanded and relocated to Pruyns Island in Glens Falls.

Business partners Nicholas Waite and Davis Turner purchased Wilton-based Adirondack Mechanical Services in 2023 and operated at its Commerce Park Drive site until last May.”

Durham Valley Scenic Byway receives $93,600

“The Durham Valley Scenic Byway has been awarded $93,600 in federal funding to update its long-term management plan, helping position the byway for national designation and bringing greater recognition to one of Greene County’s most scenic routes.

The funding, announced by New York State Department of Transportation Commissioner Marie Therese Dominguez on Wednesday, comes through the Federal Highway Administration’s competitive National Scenic Byway Program.”

Plans revived for large warehouse near CSX Corp. rail yard in Bethlehem, New York

“Years-old plans to build a large warehouse in Bethlehem near the CSX Corp. rail yard are moving forward again after the property changed hands.

WY Industrial LLC, which owns a nearly 11-acre site at 200 West Yard Road in an area that includes industrial and logistics firms, is seeking municipal reapproval of a site plan that will allow it to build a 114,675-square-foot warehouse on the property.”

Funding Partners