The Capital Region again was state’s second-fastest growing region in 2018. Four Capital Region counties experienced population gains, with Saratoga County leading them at 0.5 percent, or 1,061, according to a Center for Economic Growth analysis of new U.S. Census Bureau data.
CEG said the eight-county region last year had a population of 1,084,941, up 248 from the previous year. The only region with stronger year-over-year growth was the Mid-Hudson Region at 0.1 percent.
Empire State College Has Master Of Science In Information Technology Degree This Fall
SUNY Empire State College’s School for Graduate Studies is offering this fall an online Master of Science in Information Technology (MSIT) degree.
“Today, cyber security is our country’s first line of defense and we must meet the increasing demand for skilled professionals from our nation’s Armed Forces, the private sector, as well as from federal, state and even local government,” said Officer in Charge Mitchell S. Nesler. “At the same time, web technology represents an ever-larger component of our economy, another critical need SUNY Empire can meet through our online master’s programs.”
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Personnel Briefs
The Adirondack Trust Co. has promoted Eric Navarra to assistant vice president/retail banking development officer.
Navarra joined Adirondack Trust in 2016 as assistant treasurer/branch manager of the Ballston Spa branch, and was promoted to assistant treasurer/small business development officer, a role that required collaboration with other branch managers to develop, retain and expand relationships with new and existing business customers.
Woman With Extensive Design Experience Opens A Shop In Saratoga On Congress St.
©2019 Saratoga Photographer.com
By Jill Nagy
Staci Snider has returned to Saratoga Springs and opened a women’s clothing shop at 18 Congress St., featuring her clothing designs.
In back of the shop is an atelier, or design studio, with a seamstress on duty.
The store, called Snider Fashion, stocks several dozen variations on the little black dress, most of them with an easy fit and a somewhat edgy look—a lot of crooked hemlines, but not much decolletage. She also sells jackets, skirts, pants, tops and jumpsuits, and some color, mainly bright primary colors, and some white, even an occasional print fabric.
Sky Zone Trampoline Park To Be Built In Clifton Park Center; August Opening Eyed
by Christine Graf
Sky Zone Trampoline Park, currently under construction at Clifton Park Center, is scheduled to open in August. It will occupy 23,000 square feet of mall space, situated between Regal Cinemas and Boscov’s.
Owner Rusty Saunders is investing $1.5 million in the new facility.
Saunders owns several other businesses including R.S. Masonry in Fort Edward, Action Equipment and Supply in Glens Falls and Sky Zone Trampoline Park in Queensbury.
CEG To Expand Services In Merger With The Upstate Alliance For Creative Economy
The Center for Economic Growth (CEG) is merging with the Upstate Alliance for Creative Economy (ACE) in an effort to expand on the economic development endeavors of both organizations.
ACE was founded in 2016 to advocate and help grow the “creative industries,” which have now become the fourth largest employment sector in the Capital Region, generating over $1.4 billion in earnings in 2017, according to development officials.
GlobalFoundries To Sell Chip Design Branch Avera Technology To Marvell For $740M
GlobalFoundries is selling its chip design business Avera Semiconductor to Marvell Technology Group Ltd. in a deal valued at up to $740 million.
Officials said Marvell will pay $650 million in cash for Avera at the deal’s closing, plus another $90 million in cash if certain business goals are met within the first 15 months. The acquisition includes most of Avera’s revenue base, design agreements with several large OEMs, and a new supply agreement between Marvell and GlobalFoundries.
Pioneer Bank Acquires Employee Benefits Group And HR Consultants Jaeger & Flynn
Pioneer Bank plans to acquire Jaeger & Flynn Associates, an employee benefits brokerage, insurance, third-party administrative services, and human resources consultant which has offices in Saratoga Springs, Clifton Park and Glens Falls.
New Co-Working Space, Palette Cafe, Also Offers Coffee, Baked Goods And Other Snacks
©2019 Saratoga Photographer.com
by Andrea Palmer
Catherine Hover, owner of Saratoga Paint & Sip, has opened a new cafe and shared workspace in the heart of downtown Saratoga Springs.
The Palette Cafe, at 493 Broadway, features co-working space. It serves kru coffee, alcohol beverages, snacks, desserts, meat and cheese plates and the New Orleans specialty doberge cake. The cafe carries specialty doughnuts by Darling Doughnuts.
U.S. Small Business Association Gives Award To Berkshire Bank At Annual Lenders Meeting
The U.S. Small Business Administration’s Office of International Trade has honored Berkshire Bank for its entrepreneurial approach, customer relations and distinctive culture.
44 Business Capital, a division of Berkshire Bank, as named as the 2019 SBA Export Lenders of the Year at the 12th annual SBA Export Lenders’ Roundtable. During the event, both lenders were recognized for their efforts to increase access to capital for U.S. companies providing international trade financing to small businesses.