The Capital Region’s hottest ZIP code for net employer growth is the one covering Ballston Spa and Malta (12020), which includes GlobalFoundries’ Fab 8 chip fab. Other top employer-growing ZIP codes included Latham (12110), Rensselaer-East Greenbush (12144), Albany’s downtown and warehouse district (12207) and Queensbury-West Glens Falls (12804), according to
Among mid-sized metros, the manufacturing sector of Albany-Schenectady-Troy metropolitan statistical area (MSA) was the 10th strongest in the country for net job creation between 2015 and 2019 – and it was No. 1 in the Northeast, according to a Center for Economic Growth (CEG) analysis of new data from the
Forbes recently surveyed 16 experts on the tech trends they believe will dominate the tech industry in 2022. Several local companies and researchers are helping the Capital Region stay ahead of these trends. Below are examples. Automation Precision Valve & Automation recently moved its headquarters from Cohoes to Halfmoon,
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
Fifteen Capital Region small businesses received $15.5 million in federal seed funding grants for research and development in fiscal 2020. That included a record annual sum from the National Science Foundation (NSF), according to a Center for Economic Growth analysis of SBIR.gov data. SBIR/STTR The SBIR program helps stimulate small
Background Blasch Precision Ceramics is a manufacturer of net shape ceramic products and refractory components for chemical processing, mining, heavy industrial processing, power generation and other applications. Its high-performing materials are used for the containment, control and refinement of molten metal. The 42-year-old company employs about 125 in Menands, New
With Gov. Kathy Hochul on Sept. 6, 2021 designating COVID-19 an airborne disease under the New York Health and Essential Rights Act (NY HERO Act), employers are required to implement workforce safety plans. Employers were required to adopt an airborne infectious disease by Aug. 5, 2021 and to provide the
An easy-to-use and free tool available for entrepreneurs interested in demographic or market intelligence is the U.S. Census Bureau’s Census Business Builder (CBB). The CBB provides demographic data tailored to specific users: small business owners and regional analysts. The CBB pulls from data from the Census Bureau’s American Community Survey.
Albany Metro Exports Rebounded in 2020 Global demand for computer and electronic products helped Capital Region exports rebound during the pandemic in 2020. Stronger demand from Asia, Africa and South America also helped offset small export declines to the major regional trade partners in North America and Europe, according to
