June 21 2024

CEG Economic Development Week in Review June 17-June 21, 2024

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:



WNYT News 13: Capital Region ranks 3rd in most housing units added in NY



NY CREATES to partner with South Korean version of Albany NanoTech

“NY CREATES has signed a joint development agreement with the National Nanofab Center, a South Korean-version of the Albany NanoTech complex.

Officials from NY CREATES, a state-affiliated nonprofit that operates Albany NanoTech, traveled to South Korea last month to meet with industry leaders there and also to attend a 20th-anniversary celebration of the National Nanofab Center.”

HVCC opens Aviation Maintenance Technician School at Albany airport

“There’s nothing cooler than repairing helicopters, said Torre Tamez.

What’s also cool: She’ll be able to get her aviation mechanic certification near home, at the Albany International Airport.

Hudson Valley Community College is starting the 12-month certification program this fall, in a hangar at the airport that has been dubbed HVCC West. Its official name is the Aeronautical Technology Institute.”

GlobalFoundries joins effort to get women into construction jobs

“GlobalFoundries has joined a U.S. Commerce Department program designed to expand the number of women in construction within the semiconductor industry just as the chipmaker is embarking on $12.1 billion in expansion projects at its manufacturing facilities in Malta and Essex Junction, Vt.

Pradheepa Raman, GlobalFoundries’ chief people officer, announced that GlobalFoundries would commit to a set of five principles known as the CHIPS Women in Construction Framework, the idea for which was revealed at a Tuesday White House roundtable event that Raman participated in.”

Certified Brewmasters Will Produce Custom-Brewed Beverages At Bandstand Brew Works

“The outside of the building will be different from anything else in Warrensburg; inside, it will be industrial with a touch of the Adirondacks.

That is how Adam Langworthy, co-owner of Bandstand Brew Works, under construction at 3922 Main Street and scheduled to open this summer, describes the brewpub.”

Funding Partners