April 16 2021

Week in Review: April 12 – April 16, 2021

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:


Capital Region grows as an exporter of semiconductors and electronics

City & State: The 2021 Upstate Power 100: 51-100

Times Union: Capital Region has cause for celebration

Times Union: Denmark points the way for Albany’s wind power dreams

ABC News 10: New York’s offshore wind farms: jobs, green energy, and future economic potential


Flach Development moves ahead with Coxsackie hotel and events center plans

“Plans for a $15 million hotel, events center and other improvements to dilapidated buildings in the village of Coxsackie are moving forward after some delays due to the pandemic.

“We definitely had to really think about whether or not this was going to work based on everything happening,” said Aaron Flach of Flach Development and Realty Inc.”

Many fled NYC, some moved to Capital Region, address-change data show

“The anecdotal evidence was there all along: People left COVID hot spots for the relative safety of the Capital Region in 2020.

There were more out-of-state license plates in parking lots; driveways with more cars in them; new faces out for a walk in the neighborhood; downstate residents buying Capital Region houses.”

Vyv partners with HANYS on reducing hospital-acquired infections

“Even before the pandemic, the Healthcare Association of New York State had been exploring ways to minimize the rate of hospital-acquired infections.

HANYS has been actively seeking out partnerships that can aid in that goal, especially in the past 18 months around quality and infection control, said Courtney Burke, chief operating and innovation officer, HANYS.”

Green Island looks for development project

“A century after auto tycoon Henry Ford began building a power plant to drive his factory, the village Industrial Development Agency is seeking proposals to develop the northern 30 acres of the Ford Motor Company parcel.

The 30 acres is the largest bank of land left for development in the village, accounting for 6.7 percent of the community’s acreage.  This land plus 14.1 acres to its immediate south are what’s let of the original 160-acre Ford site.”

Bethlehem Central Middle School student earns top honors in global game design competition

“In the world’s first international game-making challenge for kids ages 10-18, a young video game developer from Bethlehem Central Middle School has been named a top winner.

He is Ezra Cotton, a seventh-grader who recently earned a $2,000 grand prize with a video game that challenges players to put their gaming skills and their environmental awareness to the test. His game design was one of only 16 winners chosen from more than 800 entries from 70 countries around the world as part of the “Code Games Challenge.”

CEDC launches first Columbia-Greene Career Jam

“— The first Columbia-Greene Career Jam was launched Wednesday.

The virtual event runs through May 27 and highlights a variety of career opportunities for local students.”

The Desmond hotel gets $16 million renovation, new Crowne Plaza Albany name

“The Desmond Hotel in Colonie finished a nearly $16 million renovation that includes a new name, upgrades and modern features to replace a design meant to evoke the Colonial era.

Located near the Albany International Airport, the 322-room hotel, one of the largest in the region, is now called Crowne Plaza Albany – The Desmond Hotel.”

Proctors to restart touring Broadway shows in Schenectady later this year

“The show will go on — in December.

Proctors has announced the planned restart for its series of touring Broadway shows.”

With economy reviving, Capital Region employers scramble to find workers

“Six Flags Great Escape theme park is holding its first-ever contact-free drive-through job fair as it races to fill 1,500 jobs before its May 1 opening.

With travel ticking up, Albany International Airport is in a similar race. It will hold its first-ever airport-wide job fair, with everyone from the Transportation Security Administration to the operators of Wolfgang Puck looking to hire.”

Machine sensors business brings industry to former coffeehouse location in Glens Falls

“When Michael Howard began designing and building sensors to monitor industrial equipment out of his South Glens Falls home six years ago, he had hoped his business venture would flourish.

Today, Erbessd Instruments and Vibro-Lasers helps more than 2,000 clients around the world monitor the condition of vital equipment, saving companies — from the likes of Google to the U.S. Navy — millions of dollars in costly repairs and lengthy shutdowns.”


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