IBM Executive Speaks at EDC’s
Emerging Business Trends Lunch in September
At EDC Warren County’s first Emerging Business Trends event, leading technology executive Dr. John E. Kelly III, IBM Senior Vice President and Director of IBM Research, spoke about the “golden age of innovation” in New York.
During his EDC lunch presentation to over 250 people on September 5 at the Great Escape Lodge, Dr. Kelly noted that U.S. economy is at a critical juncture, as it addresses challenges in many sectors: housing, energy, climate change, healthcare, the war on terror, finance, and competition from the developing world. He noted that the U.S. is losing its technical competence, as our students’ performance in science and math drops in comparison to students in other countries, and as U.S. investment in engineering research and physical sciences declines.
Read more about Dr. Kelly's presentation and see lunch photos
EDC Introduces Umicore to Albany NanoTech
EDC recently set up a day of meetings
and facility tours at the College of Nanoscale Science and Engineering at the University of Albany for Umicore Technical Materials. Umicore is the local Glens Falls branch of a Belgium-based company that has expanded its operations rapidly since taking occupancy of its Pruyn Island facility in early 2007.
“EDC frequently acts as a facilitator for companies in Warren County who are interested in making business contacts in Tech Valley and beyond,” notes John Wheatley, EDC’s economic development specialist, who has been working with Umicore officials. “In this instance, we were able to set up a meeting between Umicore’s General Manager in Glens Falls, Tom Strain, and the Technical Director, Dr. Jens-Uwe Heitsch, as well as Umicore’s leading scientist who was visiting from Europe, with CNSE’s Economic Outreach Director, Michael Fancher. They explored possibilities for future joint R&D initiatives, while gaining a better understanding of the capabilities each player can contribute.”
Read more and see photos of Albany NanoTech's newest wing
Gore Mountain: Burnt Ridge Expansion On Track
Gore Mountain’s Burnt Ridge Expansion project is moving along on schedule, with the lift towers for the new quad chair installed by helicopter in early October. When it opens this winter, Burnt Ridge will include six new trails of intermediate and expert terrain (including glades), raising the mountain’s vertical drop from 2,100 feet to 2,300 feet, while increasing the length of its longest continuous run from 2.9 miles to 3.7 miles. Read more and see photos of lift installation
New Home for NBT Bank and Behan Communications
NBT Bank and Behan
Communications moved into 86 Glen Street in downtown Glens Falls earlier this fall, completing the transformation of that building by Peter and Suzanne Hoffman’s Glen Street Associates.
Now known as “NBT Bank Place,” the building houses approximately 35 professionals in the 15,000 square-foot building. EDC assisted Glen Street Associates in obtaining a $35,500 grant through National Grid’s Main Street economic development program.
Tribute for Glens Falls Mayor Roy Akins
Near the end of the summer, to honor Glens Falls’ late Mayor Roy Akins and celebrate his interest in the children and the future of the city, EDC made a donation to an important community development initiative, contributing $500 to the Glens Falls Area Youth Center.