Highlights Albany-area port exports of high-tech machinery totaled $134.3 million in 2025. Annual high-tech machinery exports were up 135% — highest level in six years. Major export destinations included Saudi Arabia, Brazil, South Korea, and Australia. Export growth followed GE Vernova’s $170M+ in Schenectady County investments. Schenectady County
Living up to its claim as being the “birthplace of innovation,” Schenectady County ranks second in the nation for utility patenting intensity over the past two decades. And throughout the Capital Region, inventors are especially productive when it comes to generating patents for semiconductor and environmental technologies , according to
Funding for Multi-Craft Apprenticeship Preparation Program will create a more inclusive workforce and provide opportunities for workers to develop skills needed for well-paying union construction jobs. Albany, N.Y. – August 10, 2022 – Today, alongside New York Lieutenant Governor Antonio Delgado and state economic and labor leaders, Sunrise Wind
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:
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
ALBANY, NEW YORK – The Center for Economic Growth (CEG) on Tuesday will join several regional partners to launch its biggest in-person industry attraction initiative to attract offshore wind (OSW) development to the Capital Region and beyond in New York State. From Tuesday through Thursday (August 24-26), CEG will promote
As the Capital Region emerges as a leading East Coast offshore wind (OSW) component manufacturing hub, the area is already at the forefront of wind energy R&D. In 2020, one in 12 wind energy patents awarded by the U.S. Patent and Trademark Office (PTO) listed an inventor from the Capital
The Center for Economic Growth’s Capital Region Offshore Wind Summit on April 13 blew away expectations, with more than 225 attendees from industry, manufacturers, the community and workforce. The event, sponsored by Couch White, further elevated the Capital Region’s status as an emerging major East Coast manufacturing hub for the
With Gov. Andrew Cuomo announcing last month the Port of Albany would host the nation’s first offshore wind (OSW) tower manufacturing facility, it was another sign of how the Capital Region is poised to become a major supply chain hub for the OSW industry. But one local company is already
