Saratoga Casino and Hospitality Group, which purchased Ellis Park racetrack in Henderson, Ky., last summer is selling the park for $11 million.
The sale was started after Ellis Park received regulatory approval to offer thoroughbred racing and historical gaming. A subsidiary of Laguna Development Corp. of Albuquerque, N.M., is buying the facility.
Plug Power Inc., a provider of hydrogen engines and fueling solutions enabling e-mobility,has acquired EnergyOr’s technology, assets, and personnel.
EnergyOr is based in Montreal and involved in advanced lightweight and compact PEM hydrogen fuel cell (HFC) systems for robotics, small scale material handling and aerospace applications.
Plug Power is based in Latham and has a Clifton Park office.
A $1 million gift from a Saratoga Springs family and its family foundation to support The Massry Family Children’s Emergency Center at Albany Med, the region’s only pediatric emergency department, was announced by Albany Med President and CEO James J. Barba.
The donation from Dan and Jennifer Pickett and the Pickett Family Foundation underscores a guiding principle that has been in place since 1992, when the Pickett family launched nfrastructure, a small technology company, in the basement of a liquor store hospital officials said. Today, the company, Zones nfrastructure, is the services company of Zones, one of the largest private technology companies in the world.
American Natural Gas LLC in Saratoga Springs has added 20 natural gas fueling stations in eight states to its portfolio with the acquisition of ampCNG LLC of Chicago.
American Natural Gas (ANG) is a diversified holding company of HC2 Holdings Inc. AmpCNG, is a natural gas fuel provider. The acquisition cost $41 million. ANG is funding the acquisition through a combination of cash and the issuance of debt and preferred shares at the portfolio company level, officials said.
Registration is open for the Above & Beyond Challenge, presented by the Adirondack Trust Co., in which area hikers will help raise awareness and generate funds to support the Saratoga Community Health Center’s Addiction Medicine Program.
Nearly 18,000 children and adults in Saratoga County have been estimated to be struggling with substance use disorders and addiction, according to program officials.
By Jennifer Farnsworth
Wendy Waldron has taken her years of experience and success and created her own consulting firm that reaches clients from Albany to the Adirondack Mountains.
WaldronWorks officially launched in March of this year with a soft opening a few months prior. The firm took on their first client in December, providing operations leadership.
Originally from Queensbury, Waldron said family roots in the area that go back for generations is one reason she wanted to open up her business in the area that she loves, the Adirondacks.
“I love strengthening our community and local economy by supporting our entrepreneurs,” said Waldron.
She has been leading teams in transition for 25 years, including educators, volunteer groups and healthcare providers. She enjoys working with people and helping to guide them to through times of change and growth.
By Jill Nagy
When Win Supply, formerly Security Supply, cut the ribbon on its new building at 5 Finley St., it opened the curtain on a new business model, as well as a new name and a new, larger, building.
The plumbing and heating supply company is now part of a 600-company conglomerate, each doing business as Win Supply, ownership said.
Texas and West Virginia Have Biggest Number and Percent of Annual Job Gains as Louisiana Has Worst Losses; California and North Dakota Experience Largest One-Month Gains, While New York and West Virginia Lag
Thirty-nine states and the District of Columbia added construction jobs between May 2018 and May 2019, while construction employment increased in 31 states and D.C. from April to May, including New York state, according to an analysis by the Associated General Contractors of America.
The New York State Energy Research and Development Authority (NYSERDA) has launched of a new Investor Advisory Board to support its efforts to accelerate new technologies and provide broader exposure for emerging companies to the investment community.
The 10-member board came together in New York City for the first time and represents some of the most active and prestigious early-stage financial and corporate investors in the clean energy space.
Alicia Barton, president and CEO, NYSERDA, said, “The expertise of the Investor Advisory Board will ensure New York state is investing in innovative and game-changing technologies, products and services needed to help us reach Gov. Cuomo’s nation-leading clean energy and climate goals. New, disruptive technology is critical to hastening our clean energy future and aggressively fighting climate change, and we are proud of the role that NYSERDA plays in cultivating innovative clean energy solutions here in New York.”
The board features highly distinguished financial and corporate investors focused on early-stage clean energy companies. The board will assist NYSERDA in developing long-term strategic plans and increasing near-term programmatic impact to accelerate the pace of clean energy innovation in New York state. Board members will share best practices about due diligence, portfolio management and syndication of deals to help emerging companies develop and bring technology to the marketplace more quickly.
The Wesley Community has made three new appointments to the boards of The Wesley Foundation and The Wesley Community in Saratoga Springs.
Officials said Ray Martin, a longtime board member and current president of the board of directors of The Wesley Foundation, was appointed to the board of directors of The Wesley Community. He will be joined by Deborah Damm-O’Brien, who has also been appointed to the board of directors of The Wesley Community.
The Wesley Community also announced that Kevin Tully was appointed to The Wesley Foundation board of directors, which focuses on fundraising and giving initiatives to support the mission of The Wesley Community.
“The new additions to both of our boards bring extensive experience which will undoubtedly serve as a valuable asset to The Wesley Community as we continue to provide exceptional senior care to those in our community,” said J. Brian Nealon, CEO of The Wesley Community. “Each of their individual talents will surely benefit our residents and the entire board as we continue to grow and remain the provider of choice for aging adults in the Capital Region.”