November 16 2022
Manufacturing, News, Success Story

Success Story: GlobalFoundries Trains More Maintenance Techs with Nationally Unique Apprenticeship Program Sponsored by CEG

The Overview GlobalFoundries is one of the world’s leading computer chip manufacturers. It has more than 3,000 employees at its most advanced semiconductor facility, dubbed Fab 8, in Malta, New York. Crucial to the 24-7 operation of this 300mm, leading-edge semiconductor manufacturing facility are maintenance technicians, whose duties include monitoring,

November 16 2022
Employment/Workforce

Capital Region Health Insurance Market Rebounds from COVID, Reaches Record Employment

The Capital Region’s health insurance industry last year realized its second largest annual gain in jobs in more than two decades and grew to record employment. Even more, the area’s health insurance industry now stands as the 11th largest in the country by employment and the third most concentrated, according

November 16 2022
Employment/Workforce, Trade/Transportation

Capital Region Warehousing and Storage Industry Grows to 9th Largest in Northeast

Since the start of the pandemic, employment in the Capital Region’s warehousing and storage has increased by 75 percent and has grown to the ninth largest industry in the Northeast, according to a Center for Economic Growth (CEG) analysis of data from the New York State Department of Labor and

November 16 2022
Manufacturing

CEG In The News: October 2022

See the below articles from the past month for news about CEG: CEG Announcements/Op-eds/Media Mentions Post Standard: Micron would change Syracuse area for decades to come. Are we up to the challenge? Post Standard: Micron would change Syracuse area for decades to come. Are we up to the challenge? Siena

November 11 2022
News

Week in Review: November 7, 2022-November 11, 2022

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: Sere you Seen at the Center for Economic Growth’s

November 4 2022
News

Week in Review: October 31, 2022 – November 4 28, 2022

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 WNYT: Federal government increases AI investment in Capital Region   REGIONAL

October 24 2022
General

Week in Review: October 17, 2022-October 21, 2022

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 Spotlight News: SCRI survey: Young people want to move TAlbany Business

October 17 2022
News

CEG In The News: September 2022

See the below articles from the past month for news about CEG:   CEG Announcements/Op-eds/Media Mentions Yahoo! Finance: Sunrise Wind Invests $300,000 To Train Capital Region Workers for Union Construction Careers in Clean Energy Times Union: Commentary: CHIPS Act’s success depends on sound energy policy Times Union: GE Research lab,

October 17 2022
Regional/County Profiles

Albany Metro’s Work from Home Rate Tripled in 2021, Compared to Pre-Pandemic

Between 2019 and 2021, the number of people working from home (WFH) in the Albany-Schenectady-Troy metropolitan statistical area (MSA) more than tripled, though its WFH rate only rose to the 16th highest level in Northeast, according to a Center for Economic Growth (CEG) of new U.S. Census Bureau one-year estimates

October 17 2022
Software/Gaming/IT

AI-Related Federal Spending Doubles in Capital Region, Driven by UAlbany R&D

The federal government last fiscal year nearly doubled the amount of prime contract and grant funding it awarded for artificial intelligence (AI)-related research performed in the Capital Region, according to a Center for Economic Growth (CEG) analysis of data on USASpending.gov. This influx of federal funding comes amid a rapid

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