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Courtesy Capital Region Chamber
BY PETE BARDUNIAS
Business in Saratoga County and beyond has faced unprecedented challenges and, fortunately, some opportunities in the past couple of years. The combination of the COVID-19 crisis, fluctuations in the economy, supply chain disruptions, soaring energy prices, capricious consumer demand, the outflux of state population versus a steady local one, workforce and education questions, agriculture needs, environmental concerns, and the desire to create a more inclusive community and culture have really impacted the way Saratoga County, and the Capital Region at large, does business.
At a recent meeting of the Burnt Hills-Ballston Lake Business and Professional Association, nearly every business owner stated that their most pressing issue was the supply chain shortages, something we had heard much about in manufacturing but not at the local business level. From the car dealership lot to convenience store coffee cups, the disruptions were visible all over the country and our region was not immune.
They have been caused by numerous factors, from COVID quarantines, lack of workers to the backup of ships at coastal ports. While solutions to these issues may materialize slowly, it is vital that the business community recognize the magnitude of this problem and advocate for ways to address it.
One company that has been working to ease the supply chain shortage is GlobalFoundries. A partnership with Ford Motor Co. should produce much needed chips for automotive computers, and perhaps more importantly, an America-based supplier for improved, up to date systems in future cars. The auto industry has lagged behind others in development and utilization of cutting-edge technology, apparently a big reason for the recent shortages. It’s time for a systems upgrade, and Saratoga County industry is once again leading the way.
The Capital Region Chamber has found new and meaningful ways to support local businesses. The value of our regional approach with local affiliates in Albany, Schenectady and southern Saratoga counties was on display in 2021, and the biggest impact was a financial one.