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EDC On the Move - Among Some Recent Activities
EDC President Ed Bartholomew and VP John Wheatley gave a presentation to the board & staff of ANCA, Adirondack North Country Association at their meeting held at Crandall Library in Glens Falls on Friday, March 25th. The presentation featured an overview of projects & initiatives and an update on progress being made in the Warren County/Glens Falls region over the past several years. Of particular interest to the group was the connection between revitalization and job growth. Following the meeting the group was given a brief walking tour of the downtown Glens Falls area ending with a tour of JUST Water processing/packaging facility in the converted St Alphonsus Church on Broad Street.
Attention all EDC Members and Future Members: Renew your membership at EDC!
Membership materials were sent via mail to all current members. For membership information and to become a new member please click here or call EDC Offices today at 518-761-6007 and staff will gladly answer any questions about our membership program and benefits.
2 for 1 Thunder Tickets for EDC Members
The Thunder are home on April 1, 2, 3, 5 and 9 and we'd love to see you at the Civic Center. We're offering all EDC members a 2-for-1 special on best available tickets to any remaining Thunder home game for just $13 per ticket. Click here.Please call Sean Driscoll (518-480-3355 ext 319) with any questions.
Glens Falls to expand first-time home buyer program to all of Warren County to assist individuals and families anywhere in Warren County, not just Glens Falls.
Warren County Eyed for Movie Locations
At a recent EDC Regular Monthly Meeting of the Board of Directors Meeting producers of a "historical-based independent firm" are considering locations for filming in Warren County in 2-3 years after attending a conference in the area, said EDC Warren County Vice President John Wheatley. To help entice the producers to film locally, state Senator Elizabeth Little will introduce state legislation to add Warren and Washington to counties eligible for an enhanced state film industry tax credit, said EDC Warren County President Ed Bartholomew.
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IBM's Top Researcher: A Win for Computers Is a Win for Humans
Dr. John Kelly III, IBM Corp's Senior Vice President and head of fast evolving cognitive research initiatives authors a new article in Time discussing what he believes is the ultimate winner in new artificial intelligence innovations - humanity. Dr. Kelly is a part time resident of Warren County (Lake George) leading the way on the widely acclaimed Jefferson Project and is a two time keynote speaker at EDC's Annual Luncheon in recent years.
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Cuomo Announces $4.2M in Grants for Capital Region Affordable Housing
Glens Falls is one of the awarded communities!
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Sale of 1000 Acres Ranch Resort Expected this Month
EDC assisted the new owners with easements mentioned in this story.
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Update on Hacker Boat
Last Fall Hacker Boat Co. notified EDC that it has decided not to build a new production facility and showroom at Queensbury Business Park as planned due to estimated costs that exceed the budget by the company for the project at the site. EDC is working with Hacker Boat on alternative location options for the new facility which will consolidate its design, assembly, showroom, production, finishing/refinishing operations and material & boat storage as well as provide expanded production space for new lines of custom and standard boat lines it will be adding to its existing lineup. As part of the original contract of sale between EDC and Hacker for the three parcels purchased in QBP, EDC exercised its option to re-purchase the site at the same price that was paid since it will not be using the site for the new facility. EDC is commencing a marketing campaign to find other prospective users of the site and others at QBP that will create new jobs and investment for the region. EDC completed the repurchase in March 2016. Hacker Boat currently employs approximately 50 people and plans to add as many as 30 new jobs over the next several years.
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IDA Plans to Buy 19 Acres in Luther Forest Tech Campus
Saratoga County IDA moving ahead on plan to purchase and develop land site in Luther Forest as a means to seed interest.
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Dollar General Warehouse Could Get Montgomery County Tax Breaks
Dollar General decides against Saratoga County site and opts for Montgomery County shovel ready site for its new mega distribution center. Construction could begin early fall 2016.
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The Hyde Announces Museum Trips to NYC, Hyde Park, and The Berkshires
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For a report issued by a sportsmen advocacy group that gives economic impact of hunting, fishing for NYS click here.
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Trending Stock Review: CR Bard, Inc.
In the last month, CR Bard Inc. (NYSE:BCR) shares have moved up, giving investors a nice push. Shares of the company have been up 2.21% over the last month.
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Tribune Chief Discusses Transforming a Mature Media Company
Peter Liguori talked about the transformation of Tribune and the broarder media industry during a recent interview in his New York office.
Article mentions Gracenote.
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Rozell Industries Completes Work for JUST Beverages |
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Saratoga & North Creek Railway
Summer & Fall Excursions - - tickets now on sale for the 2016 season!
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Having a 'sweet' time is easy during Maple Days in Thurman, NY. For three consecutive weekends in March and April, Thurman celebrates all things maple and you won't want to miss it!
Four maple farms participate in Thurman Maple Days:
- Adirondack Gold Maple Farm, 74 Bear Pond Road, Athol, NY
- Valley Road Maple Farm, 190 Valley Road, Thurman, NY
- Hidden Hollow Maple Farm, 312 Dippikill Road, Warrensburg, NY
- Toad Hill Maple Farm, 151 Charles Olds Road, Athol, NY
Watch sap being gathered and boiled and see how a Certified Tree Farm makes maximum use of the wood from all types of trees. Learn what's involved in this industry, have some old fashioned family fun, and take home some of the best maple syrup in the country.
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The Great Upstate Boat Show
Adirondack Sports Complex
326 Sherman Ave. Queensbury, NY 12804
Show Hours- Fri, April 1: 11am-8pm
- Sat, April 2: 10am-7pm
- Sun, April 3: 10am-5pm
Directions
Adirondack Sports Complex
326 Sherman Ave.
Queensbury, NY 12804
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Boat Upstate NY: Eastern New York Marine Trades Association, is launching Boat Upstate NY at the Great Upstate Boat Show next weekend. Boat Upstate NY is a year-round effort to consistently promote boating and related activities in Upstate New York. The new brand initiative will also be the source for information that the boating public and media can depend on to find relevant information on key subjects such as invasive species inspection and decontamination sites.
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ECONOMIC DEVELOPMENT & REGIONAL NEWS
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Orasure Technologies Has Appointed a New Board Member: Eamonn P. Hobbs
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Amazon Leases 20 Jets to Build out Logistics Network
Amazon is getting into the logistics business. Just announced leases on 20 jets to fulfill customer orders in a trend that supplements the one-day distribution business model and enhanced turnaround times. Trend is likely to expand to other major online companies and will place additional pressure on air traffic network.
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Should Economic Development Focus on People or Places?
Great article on the balancing act between place based economic development vs. people based and the challenges to both approaches.
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States, Feds See High-Speed Data Infrastructure Key to Economic Growth
The White House recently announced the ConnectAll Initiative, an effort to reform federal communications programs to focus on bringing more Americans online. The focus of this effort will be on lower-income families who often lack access to affordable service and the devices to make use of them. Under the proposed plan, low-income families could be eligible for a monthly broadband subsidy. Getting more people online is vital to the future of the American economy and to shared prosperity, according to the report released by the Federal Communications Commission (FCC) in tandem with the White House announcement. Seeing the potential economic benefits, a number of states, including New York and Alabama, have recently made their own investments in Internet accessibility.
New York is now accepting applications for the $500 million first phase of its effort to provide universal broadband access by the end of 2018. The New NY Broadband Program uses bank settlement funds to incentivize private sector expansion into underserved areas of the state. Program awards will be given through a "reverse auction" system in each of the state's Regional Economic Development Council areas, with funding going to the bidder that provides the largest connectivity return on the lowest level of state investment. Priority is given for projects focused on the least-served regions, libraries and schools. A 50 percent match is required from private sources.
EDC continues to work with county officials, businesses and residents on this program.
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March - April
March 28 - May 16
The Microenterprise Assistance Program
Mondays 6 p.m. to 8 p.m.
SUNY Adirondack Queensbury campus
Hartford Central School District
Salem Central School District
PRE-REGISTRATION REQUIRED
Call 518-743-2238, email conted@sunyacc.edu
April - July
Adirondack Thunder vs. Norfolk Admirals
7:00 p.m., Civic Center
Saturday, April 2
Adirondack Thunder vs. Brampton Beast
7:00 p.m., Civic Center
Tuesday, April 19
EDC Regular Monthly Meeting of the Board of Directors
8:00 a.m. - EDC Offices, 234 Glen Street, Glens Falls
SAVE THE DATE
NYSEDC'S 2016 Annual Meeting
May 25 - 27, 2016
The Otesaga Hotel
Cooperstown, NY
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For member information on how to join EDC, go to edcwc.org
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