CEG Economic Development Week in Review March 2 – March 6, 2026

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:

REGIONAL ECONOMIC DEVELOPMENT NEWS

A high-tech powerhouse is on the rise in Albany. Here’s a look inside

“Over the past two years, a new building has been on the rise at Albany NanoTech. Later this year, the shining behemoth will become a beacon in the computer chip industry.

It’s called NanoFab Reflection. It’s expected to cost $614 million to build as part of a $10 billion computer chip research center plan announced by Gov. Kathy Hochul in December 2023.”

Albany International Airport flights, passengers rise in 2025

“Despite going through a few years of post-Covid turbulence, Albany International Airport saw the number of flights and passengers rise once again last year.

This week’s List is the Largest Air Carriers at Albany International Airport, and covers data through November of last year for 2025 flights and passenger departures.”

Fred the Butcher plans expansion in New Scotland

“Local butcher shop Fred the Butcher appeared before the New Scotland Planning Board Tuesday to present its much-anticipated expansion plans at its second location.

The business — which also has a location in Halfmoon — hinted on social media last summer about its plans for the shop at 386 Maple Road (Route 85A), just outside the hamlet of Slingerlands.”

Pacemaker Audio transforms Ballston Lake home into pro studio

“Surrounded by guitars, amplifiers, effect pedals, and a multitude of professional recording equipment, Tyler Krupsky speaks passionately about a local band’s new recording as he plays back an unmixed version of their next single. He’s in the control room of his Pacemaker Audio recording studio, which once served as his home’s dining room.”