CEG Economic Development Week in Review December 18 – December 22, 2023
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CEG IN THE NEWS
Register-Star: Greene economic indicator fastest growing in NY
REGIONAL ECONOMIC DEVELOPMENT NEWS
Adirondack Beverages: Glenville Expansion & Job Creation
“Adirondack Beverages is again expanding its operations at the Glenville Business & Technology Park.
The company invested $4 million this year to construct a substation that will power a new $16 million production line which will bolster production at its Glenville facility. The Schenectady County Metroplex Development Authority board agreed to provide a $175,000 grant toward the purchase of new equipment at its meeting last week.”
NSH USA’s $11 million expansion on Broadway Menands is taking shape
“Machine-tool manufacturer NSH USA Corp. could begin construction of a new facility in Menands as soon as this summer, according to David Davis, the company’s president and chief operating officer.
NSH USA plans to build a 25,000- to 30,00-square-foot facility next to its existing factory on Broadway. The building, named the Niles Technical Application Center, will serve as a kind of demonstration and training center for the company’s multimillion-dollar machines, which it sells to customers in the rail, aerospace and defense industries.”
Comprehensive Strategic Promotional Planning Could Boost the Economy of Washington Co.
“Washington County has a great deal of untapped tourism potential that could boost the local economy with more comprehensive, strategic promotional planning.
That’s what officials told local business and civic leaders during a presentation hosted by the Adirondack Regional Chamber of Commerce at Sandy Hill Arts Center’s fifth-floor event space in Hudson Falls.”
Warren and Washington Counties Have Plans to Develop Industrial Park Near Canal Lock 8
“Armed with nearly $5.7 million in state and federal funds, Warren and Washington counties plan to develop an industrial park near Champlain Canal Lock 8 in Fort Edward.
General Electric Company used the 82-acre site as a dewatering facility for its massive Hudson River PCB dredging project.”
