November 13 2020
General, Manufacturing, Software/Gaming/IT

Success Story: QTH 54 Software Brings Efficiencies to Simmons Machine Tool Corporation

Last year Timothy M. Williamson began working with two partners to resolve a problem that had been running up costs and hurting efficiency at a high tech production facility. The problems consisted of hold ups, labor costs and down production due to the unavailability of parts and operations manuals for

October 22 2020
General, News

Katie Newcombe Selected as CEG’s Chief Economic Development Officer

FOR IMMEDIATE RELEASE ALBANY, NEW YORK – The Center for Economic Growth (CEG) is pleased to announce that Katie Newcombe has been named its new Chief Economic Development Officer. She comes to CEG with more than a decade of experience in economic development, spanning multiple states and public, private and

October 13 2020
Economic Analysis, Employment/Workforce, General

The Capital Region is the Nation’s 4th Leading Destination for Relocating NYC Workers

ALBANY, NEW YORK – New U.S. Census Bureau data reveals the Albany-Schenectady-Troy metropolitan statistical area (MSA) is the nation’s fourth biggest attractor of greater New York City metro area workers who relocate for jobs, according to a Center for Economic Growth (CEG) analysis of U.S. Census Bureau Job-to-Job Flows Explorer

September 16 2020
COVID-19, Economic Analysis, Employment/Workforce, General

The Capital Region Sectors and Occupations that Are Bouncing Back from COVID-19

Since COVID-19-related job losses peaked in April, the education services, retail trade and other sectors in the Albany-Schenectady-Troy metropolitan statistical area (MSA) have slowly bounced back. However, as of July, hard-hit sectors such as leisure and hospitality and healthcare and social assistance have been slow to reduce their year-over-year losses

August 17 2020

Capital Region Tech Firms Receive $11M in Federal Seed Funding, 3 Startups Get First Awards

Several local startups received their first infusions of federal seed funding in fiscal 2019, pushing the Capital Region’s annual award total to $11.3 million, according to a Center for Economic Growth (CEG) analysis of U.S. Small Business Administration data. In 2019, 13 Capital Region small businesses received a total of

August 11 2020
Biotechnology/Life Sciences/Pharmaceuticals, General, Research & Development

The Research Connection – August 2020: Cancer Research Edition

Featured R&D projects: Transfer RNAs in Cancer Improving Targeted Therapies against Solid Tumors Targeting the Chaperone of Kidney Cancer Choice of anesthesia may affect breast metastases New inhibitor shows promise against metastatic prostate cancer A Tumor Model that More Closely Mimics the Body Protein Linked to Cancer Acts as a

July 16 2020
General, Regional/County Profiles

Saratoga County Is One of NY’s Most Resilient Communities to Disasters

Saratoga County is one of the state’s most resilient counties to weather-related disasters and disease outbreaks, based on its sizeable individual and household groups within the community that have the capacity and resources to overcome such hazardous events, according to a Center for Economic Growth analysis of new U.S. Census

July 16 2020
Advanced Materials, Biotechnology/Life Sciences/Pharmaceuticals, Clean Technology, Creative/Agriculture/Food, Economic Analysis, Employment/Workforce, General, Manufacturing, Nanotechnology, Regional/County Profiles, Software/Gaming/IT, Tourism, Trade/Transportation

Industry Assets & Economic Profiles

See CEG’s latest industry attraction promotional reports on key industry clusters and regional/county profiles. Between 2015 and 2019, CEG promoted the Capital Region at 78 industry attraction events in 41 cities worldwide. While the coronavirus pandemic has temporarily halted CEG’s travel to conferences, we continue to represent the region at

June 18 2020

Success Story: Talent Connect Helps Newcomer from South Korea Find Her Calling

In August 2018, Sonya Kim moved to the Capital Region from South Korea after her husband, a chemical engineer, was transferred from Momentive Performance Materials’ R&D center in Seoul to its headquarters in Waterford. She didn’t know anyone in the area, and, with two young children, the elementary school system

June 17 2020
COVID-19, General

President’s Message: June, 2020

As we enter the summer and Phase 3 of the reopening of the Capital Region’s economy, we are starting to see glimmers of the “normal” way of life we knew before the coronavirus pandemic. People are at restaurants and beaches. We are getting haircuts and shopping at stores. At the

Funding Partners