Written by Rob Lillpopp on October 3, 2011 – 6:39 am
Eric Anderson writes in the Times Unions - “Dimension Fabricators, which shapes steel rods and coils for use in construction and other applications, said it plans to increase its workforce to more than 70 employees from 60 currently after receiving new orders from the Toronto Transit Commission and the Three Nations Bridge at Cornwall, Ont.
To read more click here.
Written by Rob Lillpopp on September 29, 2011 – 6:24 am
With the Governor’s announcement this week of more than $4 Billion in new high-tech investment by private sector companies in New York, we thought it would be a good idea to provide you with some feedback on that announcement and to look at other business expansions and job creation.
Heather Briccetti, acting-president and CEO of The Business Council released the following statement on the new private sector investment being made in New York.
“By instilling confidence and collaborative innovation with industry leaders, Governor Cuomo is again demonstrating that New York is open for business.
This week’s announcement could not have occurred without a commitment to work with businesses and a sustained investment in intellectual capital. The investment of $4.4 Billion marks a significant dedication of resources by the world’s leading high technology manufacturers in New Yorkers.
Today, we have strengthened our competitive advantage and opened the door to new opportunities in the future. New York must continue to be vigilant in its efforts to spark new innovation, while reducing the barriers to additional investment, with the hope of securing a 450 mm chip fabrication facility.”
To read about other private sector investments in the news this week click on the links below.
More high-tech plants remain option if state keeps money tap open (AlbanyTimesUnion)
GE charges ahead with new battery plant (AlbanyTimesUnion)
Time Warner to bring operations center, jobs to Rochester (RochesterD&C)
Troy-based Paper Batter gets $1M NYSERDA grant (TroyRecord)
Time Warner to add 76 network-monitoring jobs at East Syracuse (SyracusePostStandard)
Most nano jobs planned within 2 years (UticaObserver)
Badger Technologies expanding in Farmington (RochesterD&C)
Written by Sonia Lindell on September 27, 2011 – 8:19 am
According to a press release from the Governor:
“Governor Andrew M. Cuomo today announced that New York State has entered into agreements providing for investments valued at a total of $4.4 billion over the next five years from five leading international companies to create the next generation of computer chip technology.
The five companies involved are Intel, IBM, GLOBALFOUNDRIES, TSMC and Samsung. New York State secured the investments in competition with countries in Europe, Asia and the Middle East.
The agreements mark an historic level of private investment in the nanotechnology sector in New York. Research and development facilities will be located in Albany, Canandaigua, Utica, East Fishkill and Yorktown Heights. In addition, Intel separately agreed to establish its 450mm East Coast Headquarters to support the overall project management in Albany.”
To read the full release click here.
Written by Rob Lillpopp on September 13, 2011 – 5:09 am
In response to the damage done to many local communities due to Hurricane Irene, the Federal Home Loan Bank of New York has committed to provide up to $500 million in disaster relief loans to begin the process of rebuilding communities designated by FEMA as disaster areas. Funding is issued through our Community Lending Program (CLP) for members to use as immediate gap financing while insurance settlements are being worked out.
Need more information?
To discuss the CLP disaster relief commitment or other funding strategies, contact a Calling Officer at (212) 441-6700.
Written by Rob Lillpopp on September 7, 2011 – 7:25 am
The Business Council of New York State, Inc. is pleased to announce the 2011 winners of the Platinum, Gold and Silver Chamber of the Year Awards honoring outstanding chamber organizations and leadership teams. Recipients of the awards, in random order, are: the Dutchess County Regional Chamber of Commerce; North Country Chamber of Commerce; and CenterState Corporation for Economic Opportunity/CenterState Chamber of Commerce.
These exceptional recipients will learn which award they have received during The Business Council’s Annual Meeting at 7 p.m. on Wednesday, Sept. 21.
“We are proud to include 63 Chambers of Commerce as members of our organization,” said Heather Briccetti, acting-President & CEO of The Business Council of New York State, Inc. “The three we chose as winners of the Chamber of the Year Awards — out of an abundance of nominations — have demonstrated a tremendous commitment to improving the business climate in their communities and in the Empire State.”
To read more click here.
For more information about The Business Council’s Annual Meeting click here.
Written by Rob Lillpopp on September 7, 2011 – 7:16 am
The U.S. Chamber sent a letter to President Obama and the U.S. Congress urging their immediate action on six steps that can create millions of American jobs without increasing the deficit or expanding the government. The plan is covered in an exclusive story by the AP and further promoted by a Tom Donohue op-ed in today’s Columbus Dispatch.
To help spur bipartisan action, the Chamber is running full-page ads in leading national publications, such as the Wall Street Journal and USA Today, and inside the Beltway. The Chamber’s jobs program is also being widely disseminated through earned media, social media, and our federation of grassroots business activists. Our goal is to mobilize the business community and the American public in support of achievable and practical private sector solutions to our nation’s serious economic challenges.
Some 25 million Americans are currently unemployed, underemployed, or have simply given up looking for work. To create jobs, the President and Congress must act now to reduce regulatory uncertainty, open new trading markets, help draw more visitors to our country, allow industry to produce more domestic energy, pass tax incentives to unlock job-creating capital, and spur private investments in infrastructure while reaffirming the government’s essential role in this critical endeavor.
Please join us in sending this urgent message to our national leaders. We encourage you to visit and share these links of this week’s Tom Donohue column and video to your contacts.
Written by Rob Lillpopp on August 17, 2011 – 5:41 am
Brian Nearing reports in the Times Union - “Some people who live near the Lafarge cement plant have elevated levels of toxic mercury, but it’s not enough to cause health problems and isn’t coming from Lafarge, the state Department of Health said.
The health department reached the conclusions after it reviewed blood and hair test results taken by Harvard University researchers from 172 neighbors of the Route 9W plant, according to letters the health department mailed to some study subjects.”
To read more click here.
Written by Rob Lillpopp on August 16, 2011 – 5:17 am
Craig Wolf writes in the Poughkeepsie Journal - “ontinental Organics plans to build a large plant here and create about 120 full-time jobs, the company and Gov. Andrew Cuomo announced today.
Continental Organics has been housed at the Orange County Business Accelerator, also located here, where it developed its plans.
The company will specialize in organic produce, fish and fertilizer using aquaponics to grow food in a nutrient-rich solution rather than soil. The farm will also sell tilapia, a fish, and organic fertilizer. It will also lease an adjacent farm.
The state is awarding it a $6.2 million incentive package through the Empire State Development Corp.”
To read more click here.
Written by Rob Lillpopp on February 17, 2011 – 10:06 am
Export NY is a specialized training program designed to improve a company’s exporting skills. Conducted monthly over a six-month period, ExportNY brings together various resources to focus on issues ranging from international financing and strategic marketing plans to distributor contracts and differing business cultures. ExportNY includes formal training, guest lectures from international industry participants, networking on best practices, and guidance on the development of an international business plan. Classes will be held at the Albany Colonie Chamber of Commerce once a month on Fridays from 8am – 2pm. Advance registration and full payment of $600 per person is required. For more information contact Louise Aitcheson at 518-465-8975, x229 or louisea@ceg.org.
To fill out an application click here.
Written by Rob Lillpopp on February 10, 2011 – 6:10 am
“Upstate New York business leaders are more confident about the economy and their own prospects than at any time in the past four years, a new study shows. But businesses are still not ready to invest or borrow too much, and they have little faith in state government,” writes Jonathan D. Epstein in the Buffalo News about a new business survey from First Niagara Financial Group.
“More than one-third of 645 business executives across the state — 35 percent — expect economic conditions in the state to improve in 2011, according to First Niagara Financial Group’s fourth annual survey of upstate New York business leaders.”
To read more click here.