July 15 2022

Week in Review: July 11 – July 15, 2022

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:


Semiconductor vet LaMar Hill heads workforce nonprofit NY Design

“A semiconductor industry veteran is leading a new organization focused on workforce training and economic development in the Capital Region.

LaMar Hill is the executive director of NYDesign, a nonprofit focused on elevating the integrated circuit design field in the region.”

Albany Inno – Sinclair Schuller on the growth of his newest company, Nuvalence

“Sinclair Schuller took no time off in between his last company and his newest.

He and his co-founders incorporated Nuvalence in August 2018, the same month he sold the assets of the Troy-based Apprenda, and started working shortly after.”

Wylder Windham opens in the Catskills

“A longtime resort in the northern Catskills has reopened under new ownership and a big investment that upgraded the sprawling property in the town of Windham after more than 140 years of being controlled by generations of one family.

The former Thompson House Resort is now called Wylder Windham — the third property by Wylder Hotels of Los Angeles and its first in New York.”

Bonacio Construction Continues Busy Schedule, Eyes Major Project in Glens Falls

“Bonacio Construction Co. in Saratoga Springs  helped transform the Spa City with one large, multi-million-dollar project after another since its founding in 1988.

About a decade ago, the Saratoga Springs-based firm turned its attention to Glens Falls.”

RASP Inc., A Designer And Servicer Of Control Panels, Plans To Expand In Moreau

“RASP Inc., a company that designs and builds control panels, plans to add more warehouse and office space adjacent to its current buildings on a 30-acre campus in Moreau.

CEO Ron Richards said he sees the new construction as a plan for the future that will allow the company to hire additional people and seek more business.”

Funding Partners