August 10 2021
General, Manufacturing

Success Story: PVA Achieves Rapid Growth and Manages its Stresses with CEG’s Help

The Situation Precision Valve & Automation (PVA) is a manufacturer of fluid dispensing solutions and custom automation products. Its automated dispensing, coating, curing, board handling and printing systems are used by an array of industries, including from solar, semiconductor packaging, printed circuit board assembly, medical device manufacturing, and consumer electronics.

July 23 2021
Economic Analysis, Entrepreneurship, Regional/County Profiles

27 Capital Region Census Tracts with Indications of Broadband Need: NTIA

The National Telecommunications and Information Administration (NTIA) has identified 27 Census tracts in the Capital Region indicating a need for broadband due to their low Internet access and/or slow upload and download speeds, according to a Center for Economic Growth (CEG) analysis of the NTIA’s new Indicators of Broadband Need

July 23 2021
Economic Analysis, Employment/Workforce

Capital Region’s 2020 Wage Growth Was Strongest in NY, RensCo’s Strongest in Northeast

The Capital Region emerged as the only one of New York’s 10 economic development regions to see growth in total annual wages in 2020. The Capital Region also sustained the smallest percentage of job losses in the state last year. Even more, Rensselaer County’s wage growth was the strongest in

July 23 2021
Economic Analysis, Entrepreneurship, Regional/County Profiles

Capital Region Business Formation Increased through Pandemic

Business formation continued in the Capital Region throughout 2020 and despite the pandemic. Last year, 9,456 applications to form a business were filed in the eight-county Capital Region, up by 295 (3.2 percent) from the previous year, according to a Center for Economic Growth (CEG) analysis of new U.S. Census

June 23 2021
Clean Technology

Wind Energy R&D Concentrates in NY’s Capital Region

As the Capital Region emerges as a leading East Coast offshore wind (OSW) component manufacturing hub, the area is already at the forefront of wind energy R&D. In 2020, one in 12 wind energy patents awarded by the U.S. Patent and Trademark Office (PTO) listed an inventor from the Capital

June 23 2021
Regional/County Profiles

The Capital Region Gained and Lost the Most Wealth from These Counties

The Capital Region’s ability to attract higher-earning taxpayers helped offset a small contraction in its base of individual income tax filers in 2019, resulting in an annual net gain of wealth, as measured by adjusted gross income (AGI), according to a Center for Economic Growth analysis of new Internal Revenue

June 22 2021
Employment/Workforce, Regional/County Profiles

Green Island is NY’s Fastest-Growing Town and Village

Amid the pandemic and as a transformative redevelopment project neared completion on Starbuck Island, Green Island emerged as New York’s fastest-growing town and village in 2020. Three more towns and three more villages from the Capital Region also ranked among state state’s fastest-growing communities, according to a Center for Economic

June 22 2021
General

REDC Round XI CFA Process Open for Capital Region Businesses, Deadline Nears

Capital Region businesses have until July 30 to submit a consolidated funding application (CFA) for several state agency programs participating in Round XI of the Regional Economic Development Council (REDC) process. This year, the Capital Region Economic Development Council (CREDC) will be assessing CFA based on their project readiness, potential

June 21 2021
Research & Development

The Research Connection – May, 2021: Artificial Intelligence/Machine Learning Edition

Featured university R&D projects: The Rensselaer-IBM Artificial Intelligence Research Collaboration Combating Fake News with Artificial Intelligence Combining Neuroimaging and Artificial Intelligence to Help Veterans Applying AI Research to COVID reopening plans Empowering Health Care Facilities to Monetize Efficiency A New Tool to Detect Deepfakes AI-Guided Robots Potential Solution for Plastic

June 3 2021
Biotechnology/Life Sciences/Pharmaceuticals, News

Capital Region Cancer Research to Sponsor Precision Medicine Symposium on June 11

FOR IMMEDIATE RELEASE ALBANY, NEW YORK – The Capital Region Cancer Research group (CRCR) on June 11 will sponsor a symposium as part of their CRCR New Frontiers Series, entitled “Precision Medicine in Cancer Treatment and Prevention.” This virtual event will be held from 9 a.m. to 2:30 p.m. and

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