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Bi-Weekly Development News for Warren County and the Region
Ed Bartholomew, President  |  Arleen Girard, Chair

JANUARY 12, 2018

INSIDE EDC
Annual March in Glens Falls this Sunday
Dr. Martin Luther King Jr. 

The annual celebration of Dr. Martin Luther King's birthday begins on this Sunday, January, 14th with a 3 p.m. gathering at Glens Falls City Hall which will continue at 3:30 p.m. with a march to Christ Church United Methodist at 54 Bay Street.

At Christ Church UMC  "Expressing the Dream through the Arts" celebration will start at 4 p.m. A  reception will follow the event.
 
Local high school choirs and a community choir will perform as well as short speeches by MLK scholarship winners, elected officials and poems written by local students. Art work celebrating MLK will be on display.

Economic Outlook 2018
Ed Bartholomew, President & CEO,
EDC Warren County

By Edward Bartholomew

The Warren County region is on a positive upward trend and by all indications it appears this trend will continue into 2018. A variety of factors have contributed to recent gains in new investments and jobs. A key turnaround factor has been the ability to diversify and grow a group of industries, rather than rely on one or two major industries.

Paper manufacturing (Finch Paper) and other "legacy" businesses such as cement manufacturing (Lehigh Hanson) while smaller in numbers are incorporating modernization and technology efficiencies that have stabilized the companies and made them more competitive. There have been gains in other key diverse sectors, such as medical device manufacturing, health care, financial, professional services, recreation/art/entertainment and destination tourism and hospitality.

This region is strategically located at the crossroads of the northern ridge of the prospering Capital Region and the Southern Adirondack basin-no better place to work, play and call home.

Read the article i n the Glens Falls Business Journal.
  
Governor Cuomo's 2018 State of the State Address

EDC attended Governor Cuomo's State of the State address given in Albany on Tuesday, January 3rd to members of the Legislature and invited state officials and dignitaries. There are many new proposals many of which have been reported on over the past week in the media. Included were specific proposals impacting economic development looking forward in 2018. Additional details on dollar amounts of proposed programs and initiatives will be forthcoming soon in the NYS Budget.
 
To see the SOS outline of proposals click here.
 
For full SOS Policy Book (PDF) click here.


Governor Cuomo's State of the State - January 3, 2018

Capital Region Presentation of the 2018 State of the State at Crandall Public Library

An overflow crowd was on hand Monday, January 8th at Crandall Library to hear NYS Deputy Commissioner of Motor Vehicles Theresa Egan give a presentation on Governor Cuomo's State of the State address given to members of the Legislature and other officials last week. EDC organized the event in Glens Falls- the only such presentation given north of Albany and Ed Bartholomew gave the opening welcome. Other speakers included recently elected Glens Falls Mayor Dan Hall, Senator Betty Little and Assemblyman Dan Stec. Highlights from presentation included a number of proposals from the Governor including another planned round of Consolidated Funding Application (CFA - Round 8). Further details on proposed dollar amounts for funding will be available over the next several weeks when the proposed budget is released. For coverage of the event click  here. 

Capital Region Presentation
January 8, 2018

2018 State of the State
 Crandall Public Library



Click here for a summary of the Capital Region Presentation of the 2018 State of the State in Maury Thompson's Warren County Watch extra - State of the State edition along with other Warren County economic development quality of life and business news.


Snowfall boosts ORDA revenues

The state authority that runs the Adirondack's Olympic sports venues is doing better financially thanks to generous snowfalls and a renewed state commitment to renovate some aging facilities. 
Wolfgang Kindl of Austria takes a curve during a Sprint World Cup luge event in Lake Placid, N.Y., on Saturday, Dec. 16, 2017. Kindl placed first in the event. (AP Photo/Peter Morgan)

Recently released financial statements from the Olympic Regional Development Authority show  operating revenue went up $7.3 million during the 2016-2017 winter season, most of which was made at Whiteface Mountain outside Lake Placid, Gore Mountain in North Creek and Belleayre Mountain in Ulster County. The ski centers were busier as snowfall in the Adirondacks topped 100 inches, which more than tripled the historic dry winter of 2015-2016.

Read the article  in the  Times Union.

Indoor football league plans to put expansion team in Portland

The fledgling National Arena League is in talks to bring the fast-moving sport to the Cross Insurance Arena next spring or in 2019.
 
Read the article  i n the  Portland Press Herald.

Nielsen Gracenote news

Article in Billboard detailing the launch of proprietary service tracking royalty fees for music streaming using Gracenote's MusicID.

Click here.

Center for Economic Growth (CEG) News:

Article by CEG detailing recent export activity in both Albany Schen Troy MSA and Glens Falls MSA. Glens Falls report shows positive growth by percentage in 2016.

Click here.

JUST News

JUST Brands CEO:  'It's not just about having a bottle made out of paper'

JUST Brands' CEO believes paper has untapped potential in the bottled water packaging market as it is growing at a faster rate than plastic bottles, which has spurred the sustainable consumer goods company to launch new SKUs in Q1 2018.

Click here.

New corporate jet hangars coming to airport

Read the article  in the Post-Star.
 




New Loan Fund of $500,000
Launched October 2017

  • $250,000 From NYS ESD
  • $250,000 From Local Private Banks
  • Small & Medium Sized Businesses
  • Bridge Gaps, New Equipment, Capital, Expansions


Joseph Girard III practices at Glens Falls High School Thursday, July 6, 2017. (Ed Burke photo - Special to the Times Union)
Glens Falls' Joseph Girard Section II's leading scorer

Junior sets career mark with 50-point effort against Schuylerville

Before a packed gym in Schuylerville, Joseph Girard III became the all-time leading scorer in Section II boys' basketball on Thursday.

Behind an early barrage of 3-pointers from Girard, Glens Falls built a double-digit lead and cruised to an 81-64 Foothills Council win over Schuylerville. Girard made 12 3-pointers and finished with 50 points for the third straight game.

Read the article in the Times Union.





Ski and ride 9 sides of 4 unique peaks!


For tickets, passes and special events information click here.

West Mountain 

Ski, Ride and Tube Day and Night

West Mountain is open for the season for skiing and riding and tubing!

For hours of operation, tickets and passes click

Click here for an article in the Saratogian about upgrades at West Mountain.





About the Artist

Charles E. Hawley, 1923-2010, spent the last 30 years of his life capturing the wild beauty that is the Adirondacks - its landscapes, people, and architecture.  Working exclusively in oils, he conveyed the inherent feel and beauty of the area through color, light, texture and space.

A graduate of the College of Fine Arts at Carnegie Institute, Chuck dedicated his life to preserving Lake George through his art and leadership.  He served on the Lake George Park Commission for nearly 30 years, nine as chairman.  He also served as councilman and supervisor of the Town of Lake George, chairman of the steering committee for the Lake George Park management plan, chairman of the Lake Champlain-Lake George regional planning board and adviser to the study commission for the future of Adirondack Park.

To view his full collection of paintings by appointment contact Sally Hawley at  sallyhawley@gmail.com


Tannery Pond Center is dedicated to bringing the best possible performances and art gallery shows to the Gore Mountain Region in the Adirondacks.  The organization sponsors and produces numerous concerts and gallery showings throughout the year.  The public is welcome and encouraged to attend any and all events
SAVE THE DATE:  

Enjoy The 2018 Lake George Winter Carnival

Weekends In February Are Winter Carnival Time!

Lake George Village offers a month-long celebration of winter during this annual family-friendly festival! The Winter Carnival takes place each weekend throughout February (Saturdays and Sundays from 2/3/2018-2/25/2018), so mark your calendar now and get ready to take part in the fun.


Click here for more information and schedule.


SAVE THE DATE:  Your're Invited to the 30th Annual Job Discovery 2018

Wednesday, March 14, 2018
12:00 PM - 4:00 PM
SUNY Adirondack Gymnasium
640 Bay Road, Queensbury, NY  12804



Organized and facilitated by a committee comprised of local employers and volunteers,  Job Discovery is the region's premier job fair and business expo.  Don't miss this cost-effective method of recruiting and promoting your products and services! It's also a great opportunity to network with other employers.

Click here for more information and to register.


Don't Miss the next Warren County Watch with Maury Thompson 
Coming Soon!


Maury Thompson is a former newspaper reporter, who retired from The Post-Star after 21 years covering the region.
 
He keeps his finger on the pulse of economic development, business and quality of life in Warren County by writing a twice-a-month column for EDC Warren County.

WARREN COUNTY HAPPENINGS
Snow Train ready to roll from Spa City to North Creek

Saratoga and North Creek Railway will run its Snow Train on Saturdays from January through March. 

Click here.
Glacier Ice Bar & Lounge at The Sagamore


When:  The  weekends of January 19-21, 2018 & January 26-28, 2018 until 5 p.m.
Where: The Sagamore Resort, 110 Sagamore Road, Bolton Landing, NY
Cost:   FREE ADMISSION

Click  here.

ECONOMIC DEVELOPMENT & REGIONAL NEWS
Tax changes for general aviation

The recently enacted tax reform bill has tax implications for new and prospective new owners of private planes and jets that allow for immediate expense treatment for both new and used aircraft according to AOPA article. The law does away with 1031 like-kind exchanges however.

Read the article in AOPA.

PNC Corporate & Institutional

The Case for Business Aviation

Article detailing why business aviation and assets are important component of regional economic development strategy.

Click here.


Restaurant workers protest Cuomo plan to replace tips with higher minimum wage

Area restaurant workers gathered in Glens Falls on Monday to protest Gov. Andrew Cuomo's plan to increase their minimum wage, which would reduce the tips they earn.

Read the article  in the Saratogian.

UPCOMING EVENTS

January

January 16, 2018
8:00 a.m.
Community Room, 333 Glen Street,  Glens Falls, NY 

January 22, 2018
Albany Capital Center

January 31- February 1
NYSEDC 2018 Economic Developer Conference
Albany Capital Center

SAVE THE DATE:
March 23-25
NYS Federation High School Boys' and Girls' Basketball Tournament
Cool Insuring Arena, Glens Falls - Info - 798-0202


CONTACT EDC 
For member information on how to join EDC, go to edcwc.org

To share your news, submit to info@edcwc.org

STAY CONNECTED:
EDC Warren County  |  www.edcwc.org  |  518-761-6007