October 2 2020

Week in Review: September 28 – October 1, 2020

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:


Researchers at SUNY Poly and Wadsworth Center develop rapid test for Covid-19 antibodies

“Researchers in Albany have developed a Covid antibody test that can deliver results in 30 minutes and requires only a drop of blood from the patient.

Nate Cady, a professor of nanobioscience at SUNY Polytechnic Institute, led the research in collaboration with the state health department’s Wadsworth Center and Ciencia Inc., a Connecticut company that makes equipment for screening biological samples.”

With new buses, CDTA prepares for Blue Line launch

“The Capital District Transportation Authority has taken delivery of 15 of the planned 20 buses that will operate its latest Bus Rapid Transit service connecting Albany, Watervliet, Troy, Cohoes and Waterford.

Need for Albany Can Code classes ‘bigger than ever’ as people change careers during pandemic

“Albany Can Code will have software training scholarships covered for about a year with recent funding from the state. Annmarie Lanesey, founder and CEO of the nonprofit, said she is grateful for the funding because the need for financial support is “bigger than ever.”

Albany Can Code will receive up to $125,400 through a $9 million New York State Workforce Development Initiative. She said the scholarship should cover about 75 scholarships for low-income students who are unemployed or underemployed.”

Troy startup partners with Colombian firm to fight misinformation in Spanish

“Richard Zack’s startup, Our.News, which fights misinformation by fact-checking news articles online for readers, just won a $63,500 grant to translate their product into Spanish.

Our.News partnered with the fact-checking company ColombiaCheck and submitted a proposal to translate Our.News’ “newstrition label” into Spanish so it can be used by Spanish news readers.”

M.J. Engineering of Clifton Park wins $50 million federal contract

“M.J. Engineering and Land Surveying PC of Clifton Park beat out seven firms to win a $50 million architecture and engineering contract to modernize the 140-year-old Picatinny Arsenal in northern New Jersey.

The U.S. Department of Defense announced the award Tuesday. And work is expected to be completed by Sept. 25, 2025.”

Regeneron in East Greenbush reports promising results in tests of virus treatment

“Regeneron said Tuesday that its experimental COVID-19 treatment has shown positive results in trials, with viral levels and severity of symptoms both reduced in non-hospitalized patients.

The Westchester County-based pharmaceutical researcher/manufacturer is producing the treatment, called REGN-COV2, in its large East Greenbush production facility.”

Saratoga County schools continue to offer Farm to School Program

“While back to school looks different this fall, some Saratoga County schools are making every effort to continue offering the Farm to School Program, focusing on the importance of maintaining a healthy diet throughout the COVID-19 pandemic.

In 2018, Cornell Cooperative Extension of Saratoga County was awarded a first round funding for the New York State Farm to School Grant. The purpose of the grant was to educate and supply area schools with locally sourced produce as well as information on good nutrition.”

Fluor wins $1.12 billion defense contract, a boon for New York, Pennsylvania and Idaho factories

“Fluor Marine Propulsion has won a $1.12 billion contract with the U.S. Navy to make submarine powering nuclear propulsion systems, bringing hundreds of millions of dollars in work to the Knolls Atomic Power Laboratory in Niskayuna.

An estimated 42% of the contract will be manufactured at the 170-acre River Road complex and its 2,500-person staff by September 2021.”


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