November 15 2021
Economic Analysis, Regional/County Profiles

A Reenvisioning of the Capital Region’s Rural Areas

An Urban Institute “Reenvisioning of Rural America” is honing in on the strengths and potential of the Capital Region’s rural communities while also concentrating the size of its rural footprint. Whereas the federal government has traditionally negatively defined rural areas as any non-urban areas, a new Urban Institute study instead

November 15 2021
Economic Analysis, Regional/County Profiles

These are the Capital Regions hottest ZIP Codes for Employer Growth

The Capital Region’s hottest ZIP code for net employer growth is the one covering Ballston Spa and Malta (12020), which includes GlobalFoundries’ Fab 8 chip fab. Other top employer-growing ZIP codes included Latham (12110), Rensselaer-East Greenbush (12144), Albany’s downtown and warehouse district (12207) and Queensbury-West Glens Falls (12804), according to

November 15 2021
Employment/Workforce, Manufacturing

Albany’s MFG Sector Has 10th Strongest Net Job Creation among Mid-Sized Metros

Among mid-sized metros, the manufacturing sector of Albany-Schenectady-Troy metropolitan statistical area (MSA) was the 10th strongest in the country for net job creation between 2015 and 2019 – and it was No. 1 in the Northeast, according to a Center for Economic Growth (CEG) analysis of new data from the

November 15 2021
News

CEG in the News: October, 2021

See the below articles from the past month for news about CEG:  CEG Announcements/Op-eds/Media Mentions Spotlight News: Bethlehem Community Celebrates National Manufacturing Day Saratogian: Capital Region P-TECH students participate in paid IBM internships Albany Business Review: New York offshore wind leads to new $86 million investment at Port of Coeymans

November 12 2021
News

Week in Review: November 8 – November 12, 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 Daily Gazette: Frog Alley brewery becomes classroom for SUNY Schenectady brewing

October 18 2021
Advanced Materials, Biotechnology/Life Sciences/Pharmaceuticals, Clean Technology, Employment/Workforce, General, Manufacturing, Nanotechnology, Research & Development, Software/Gaming/IT

Capital Region Industry Fliers – 2021

See CEG’s latest industry profiles below. These new promotional materials provide business leaders and talent with insights into the strength of the regional economy and why they should relocate or expand here. Select the link on each image to download the flyer. The following industry fliers are available for download:

October 15 2021
News

Week in Review: October 11 – October 15, 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 Albany Business Review: New York offshore wind leads to new $86

October 15 2021
Clean Technology, Research & Development

NY and US Renewable Energy R&D Funding Nearly Doubles for Capital Region Businesses

Offshore wind (OSW) and hydrogen fuel cells sent state- and federally funded renewable energy research and development by Capital Region businesses into overdrive in 2020. Last year, the U.S. Department of Energy (DOE) and New York State Energy Research and Development Authority (NYSERDA) awarded $18.6 million in renewable energy R&D

October 15 2021
Entrepreneurship, Research & Development

Capital Region Firms Netted $15.5M in SBIR & STTR Funds in 2020

Fifteen Capital Region small businesses received $15.5 million in federal seed funding grants for research and development in fiscal 2020. That included a record annual sum from the National Science Foundation (NSF), according to a Center for Economic Growth analysis of SBIR.gov data. SBIR/STTR The SBIR program helps stimulate small

October 15 2021
Employment/Workforce, Manufacturing

Success Story: Blasch Precision Ceramics Skills up Staff with BGS Support

Background Blasch Precision Ceramics is a manufacturer of net shape ceramic products and refractory components for chemical processing, mining, heavy industrial processing, power generation and other applications. Its high-performing materials are used for the containment, control and refinement of molten metal. The 42-year-old company employs about 125 in Menands, New

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