Saratoga.com logo
Saratoga.com logo
  • Places to Stay
  • Things To Do
  • Food & Drink
  • Events
  • Businesses
  • Travel Guides
Saratoga Business Journal
  • Home
  • New Businesses
  • Business News
  • Business Reports
  • Business Briefs
  • Business Registrations
  • Personnel Briefs
  • Contact Us

Month: January 2016

Economic Outlook 2016 – Mark Shaw

Posted onJanuary 8, 2016November 8, 2017
mark shaw.jpg
Mark Shaw, president and CEO of Stored Technology Solutions Inc. (StoredTech).

BY MARK SHAW

The year 2016 will be the year of security.
Physical, virtual or cyber, it’s all about security.
2016 will be the year that security takes the stage
in a major way.

After all the breaches of last year, companies
big and small are being pushed to consider who
has access to their data and how do they protect
it. It will also be the year that organizations start
to consider how they consume technology services
and will demand the model bends to how
they desire to use them. The IT service model will
change from providing a set service list to one of
al la` carte services. Clients will want it their way
with a selection of services that meet their needs.

As small and large organizations alike continue
to expand the use of technology, the cloud
and the buzz word “internet of things” (or IoT),
they are starting to consider the security implications
of their decisions. Security is no longer
the ability to provide a penetration test of the
environment, list the items wrong and remedy
them. That is old thinking in a new world.

Businesses will want a macro-level view of
their security needs. They will want to know that
their data and access to their networks are constantly
monitored and any leak of information
is not just detected but qualified and quantified.
This holds true in both the physical and virtual
world.

Read More

Economic Outlook 2016 – Deanna Derway

Posted onJanuary 8, 2016November 8, 2017
deanna derway c.jpg
Deanna Derway, president, Washington County Local Development Corp.

BY DEANNA DERWAY

As 2015 drew to a close, we once again reflected
upon the past year and optimistically look ahead
to the opportunities and challenges that will
shape the overall economy in the coming year.

The Washington County LDC has once again
experienced a steady increase in loan requests
as the health and optimism of small businesses
strengthens. In 2015, 10 new loans totaling over
$1 million dollars were added to our portfolio
in a variety of sectors. The improving economy
seems to have led to more spending, and increased
investments in equipment that has in
turn spurred production and produced healthy
economic growth.

We believe that this optimistic trend will continue
to grow into 2016 with this steady growth
as a welcome sign that the economy continues to
head in the right direction.

The New Year delivers new opportunity and
trends are looking positive for the economic
climate in our region. Some positive economic
signals we have seen include employment growth,
low unemployment rates, lower energy costs, and
increased business investment.

Read More

Economic Outlook 2016 – Pete Bardunias

Posted onJanuary 8, 2016November 8, 2017
peter bardunias c.jpg
Pete Bardunias, president/CEO, Chamber of Southern Saratoga County.

BY PETE BARDUNIAS

The year 2016 is likely to be one of growth for
southern Saratoga County and the surrounding
area.

Various initiatives are taking hold throughout
the region and some of the plans which have been
in the works for awhile are coming to fruition.
From the perspective of this community, here
are some thoughts on what will make this a
very special year in the land just north of the
Kosciuszko Bridge’s twin spans.

The “word of the year” should be “workforce.”
Business leaders and elected officials should be
considering ways to positively impact the ready
workforce and workforce development situation
in the Capital Region. Businesses large and
small have open positions and are clamoring for
employees with relatively minimal training but
a strong work ethic and willingness to adapt to a
challenging work environment.

The number-one question I get asked is “where
can I find people who want to work?”

Read More

Economic Outlook 2016 – Martin Vanags

Posted onJanuary 8, 2016November 8, 2017
marty vanags c.jpg
Martin Vanags, president, Saratoga Prosperity Partnership.

BY MARTY VANAGS

There is old joke about economists that says
you could lay all the economists in the world
down end-to-end and they would still never
reach a conclusion.

So it goes with economic forecasts; there
is ample material and information, but predicting
how the local economy will behave in
relation to regional, national and international
activities, all of which have a bearing on our
local economy, is daunting at best. Instead of
forecasting, let’s look at opportunities surrounding
the key industry sectors in Saratoga
County: advanced manufacturing, agriculture,
financial business process outsourcing,
research and development, and specialized
distribution.

“Great expectations” is the operative term
when it comes to the enormous investment
in advanced manufacturing–specifically the
semiconductor industry–in Saratoga County.
In 2015, worldwide spending on equipment
in semiconductor fabrication facilities or
“fabs” fell flat to 0.5 percent or about $35.8
billion. Fab equipment spending is predicted
to grow by 2.6 percent or $26.7 billion in 2016
according to the industry association SEMI’s
quarterly update. Leading industry market
groups predicted growth in the industry in the
upper single digits; they are now forecasting
1.3 percent growth.

What does this mean for GlobalFoundries,
our hometown fab? We are confident that their
$15 billion footprint and over 3,000 employees
will continue to have a positive impact on
our community. Success for our county will
hinge on our collective efforts to leverage this
investment.

Read More

Economic Outlook 2016 – Todd Shimkus

Posted onJanuary 8, 2016November 8, 2017
toddshimkus-hsc.jpg
Todd Shimkus, president, Saratoga County
Chamber of Commerce.

BY TODD SHIMKUS

Last year in this column, I said there were
four trends that the Saratoga County Chamber
of Commerce believed would drive our
economy forward. So how’d we do in our prognostications?

1. We said small business growth would
continue to drive our economy. In 2014, we
had hosted 80 ribbon cuttings. We added 60 in
2015. The talented volunteers from our SCORE
program saw record-breaking numbers of local
entrepreneurs and business owners seeking out
their free and confidential advice. These two
facts combine to tell us that there are many
people among us willing to create jobs and
invest in Saratoga County.

2. We said that the supply of available hotel
rooms would continue to increase. We added
that the appropriation of even more money for
our tourism promotion effort by the Saratoga
County Board of Supervisors would help to
drive up demand to fill many of these new
rooms.

Read More

Business Report: Put Your Financial 'Puzzle' Together

Posted onJanuary 8, 2016November 8, 2017

BY ROB SNELL

Jan. 29 is National Puzzle Day, with puzzle celebrations
and events taking place at museums, libraries
and other venues across the country.
Why this date was chosen–or why National
Puzzle Day even exists–is something of a mystery.
But as an investor, you can find value in the concept
of a puzzle, specifically, in putting together the pieces
of your financial puzzle.

What are these pieces? Here are the essential ones:

Growth

At different times in your life, you will have
various goals – purchasing a first or second home,
sending your children to college, enjoying a comfortable
retirement, and so on. While these goals
are diverse, they all have one thing in common: To
achieve them, you’ll need some growth potential in
your investment portfolio. The nature and the extent
of the growth-oriented vehicles, such as stocks and
stock-based instruments, in your holdings will depend
on your specific goals, risk tolerance and time
horizon – but growth opportunities you must have.

Read More

Dining Guide: January 2016

Posted onJanuary 8, 2016August 17, 2023

Tucked away in the village of Round Lake, Lake Ridge is less than 15 minutes from both Albany and Saratoga Springs, just a half mile from the Northway and even less from route 9. Lake Ridge is a fine dining...

Read More

Nurture Green Salon And Spa Owner Aspires In Business And Life To Promote 'Green' Ideals

Posted onJanuary 8, 2016November 8, 2017
nature green-hc.jpg

Lisa Liptak, owner of Nurture Green Salon and Spa at 182 South Broadway in Saratoga Springs,
is environmentally conscious from the products she uses to materials used to build her studio.

BY LIZ WITBECK

For Lisa Liptak, being conscious about the
environment is not just her career. It is something
she integrates into her daily life. When
she opened Nurture Green Salon and Spa, she
thought about ways she could make her facility
a better place for the earth.

Nurture Green Salon and Spa, at 182 South
Broadway in Saratoga Springs, had its grand
opening ceremony in November. Liptak was
interested in creating a salon and spa that promoted
a green atmosphere.

“Hair salons are very toxic places,” said Liptak.
“I want to show people that you can pamper yourself
and take care of the earth at the same time.”

Liptak has been a hair stylist for 17 years. She
got her degree from BOCES.

Read More

Saratoga County Chamber Of Commerce Sets Its Second Annual Health & Wellness Week

Posted onJanuary 8, 2016November 29, 2017

The Saratoga County Chamber of Commerce’s
second annual Health & Wellness
Week features a series of free events in January,
open to anyone interested in meeting up
with local wellness professionals and exploring
how they might achieve their wellness
goals in 2016.

Chamber officials said each of the Health
& Wellness Week events includes the chance
to meet with a variety of experts in one place
while also sampling various activities as well
as healthy food, water and juice, wine, and
perhaps even a beer.

Attendees are advised to dress comfortably
to take part in the voluntary activities and to
bring a friend to join them. Besides a range
of activities, participants will also be able to
find a time to chat with health and wellness
experts one-on-one.

Pre-registration is encouraged at
www.saratoga.org/pages/healthy-saratoga.

Read More

Ballston Spa Business & Professional Association To Sponsor Networking Breakfast

Posted onJanuary 7, 2016November 8, 2017

The Ballston Spa Business & Professional Association will sponsor a networking breakfast 7:30-8:30 a.m. Tuesday, Jan. 19 at H&R Block, 3021 Doubleday Ave. (Route 50) in Ballston Spa. Heather Thompson and the H&R staff at the Ballston Spa office will...

Read More

Posts navigation

Previous 1 2 3 4 Next
Subscribe to Our Newsletter View the Latest Virtual Edition

Categories

  • 50-Plus
  • Banking
  • Banking / Asset Managment
  • Building Trades
  • Business Briefs
  • Business News
  • Business Registrations
  • Business Reports
  • Commercial / Residential Real Estate
  • Community Services
  • Construction
  • Construction Planning
  • Corporate Tax / Business Planning
  • Cyber / Tech
  • Dining Guide
  • Economic Development
  • Economic Outlook 2016
  • Economic Outlook 2017
  • Economic Outlook 2018
  • Economic Outlook 2019
  • Economic Outlook 2020
  • Economic Outlook 2022
  • Economic Outlook 2023
  • Economic Outlook 2024
  • Economic Outlook 2025
  • Education/ Training/ Personal Development
  • Entrepreneurial Women
  • Entrepreneurship
  • Environment / Development
  • Financial Planning / Investments
  • Fitness / Nutrition
  • Health / Community Services
  • Health & Fitness
  • Health & Wellness
  • Healthcare
  • Holiday Guide
  • Holiday Shopping
  • Home / Energy
  • Home / Insurance
  • Home & Real Esate
  • Insurance / Employee Benefits
  • Insurance / Medical Services
  • Legal / Accounting
  • Meet The Chef
  • New Businesses
  • Non-Profit
  • Office / Computer / New Media
  • Office / HR / Employment
  • Office/ Technology/ E-Commerce
  • Outlook 2021
  • Personnel Briefs
  • Retirement Planning
  • Senior Living / Retirement
  • Summer Construction
  • Uncategorized
  • Wellness
  • Women In Business
  • Workplace / Security / Legal
  • Year-End Tax Planning

Archives

  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
Show More
Connect With Us

Follow, like and subscribe to Saratoga.com on social media

Account Sign In Submit An Event
Saratoga.com logo
  • Home
  • Places To Stay
  • Things To Do
  • Food & Drink
  • Events
  • Real Estate
  • Businesses
  • Guides
  • Contact Us
  • Blogs
  • Sweepstakes
  • Advertising
Visit Saratoga.com For Everything Saratoga
Full-Service Internet Marketing: Search Engine Optimization, Website Design and Development by Mannix Marketing, Inc.
Mannix Marketing, Inc. is headquartered near Saratoga Springs in Glens Falls, New York
Saratoga.com All Rights Reserved © 2025
Disclaimer & Privacy Policy / Terms of Use / Copyright Policies
[uc-privacysettings]

We strive to insure accuracy on Saratoga.com however accuracy cannot be guaranteed. Information is subject to change.
Please alert us if there is any inaccurate information here.

Having trouble using this site? Accessibility is our goal, please contact us with site improvements.