Saratoga National Bank and Trust Co. was recognized in September as a 5-Star Superior bank by BauerFinancial, Inc., a bank rating and research firm. Saratoga National has earned this designation for the past 30 consecutive quarters. The 5-Star rating...
National Grid Predicts Lower Bills For Natural Gas Due to Decrease In Wholesale Supply Cost
National Grid's winter heating season forecast calls for customers to see natural gas bills that are slightly lower than seen during typical upstate New York winters, thanks to a predicted small decrease in wholesale supply prices and continued flat...
Personnel Briefs: November 2016
Saratoga National Bank and Trust Co. expanded its business development team with the addition of John Marcantonio as assistant vice president and business development officer.
CEG Sets $6 Million Initiative For Economic Growth In The 11-County Region It Covers
At the 2016 annual meeting of the Center for Economic Growth in October, the business and economic development organization's new president and CEO, Andrew S. Kennedy, announced a $6 million, 11-county, Accelerate initiative to advance the economic growth of...
State Makes $10M Available For Incubator Projects That Help Clean Energy Companies
New York state has made a $10 million investment to support new and existing incubators that help early-stage and emerging clean energy companies across the state grow and succeed. The state-sponsored incubators assist startups by connecting them with investors,...
Commercial Real Estate Market In Saratoga County Said To Be Standing On Solid Ground
By Maureen Werther The commercial real estate market in and around Saratoga County is doing well, local real estate agents say. For the most part local trends are a reflection of what is going on in the national market,...
SUNY Adirondack Breaks Ground On $17M Building For Nursing, Science, Tech And Math
SUNY Adirondack officially began construction on the college’s NSTEM and Workforce Readiness Center projects in October, marked by a groundbreaking ceremony at the Queensbury campus.
The projects, which include a $17 million building for NSTEM (nursing, science, technology, engineering and math) and a $9.7 million Adirondack Regional Workforce Readiness Center, will be attached to the college’s existing science building.
County Consortium Gets Broadband Upgrade To Help Emergency Response Service
A $2.8 million project to upgrade broadband service for emergency call centers throughout the North Country, Capital Region and Mohawk Valley has been completed, state officials said on Nov. 1. The modernization effort provides 1 Gigabit service--with the potential...
Harness Racing Resumes At Saratoga Casino Hotel, Four Days A Week, Thursday To Sunday
Harness racing resumed in September and will be running four days a week through Dec. 18 at the harness track that is part of Saratoga Casino Hotel on Crescent Avenue.
Courtesy Saratoga Casino Hotel
Live harness racing resumed in September and will continue to be held four days a week through Dec. 18.
Thursdays will feature a 4 p.m. post time. Friday and Saturday racing begins at 6:45 p.m. and Sundays start at 12:15 p.m.
The racing season features eight New York Sire Stakes Consolation Finals, which will offer a combined $200,000 in purses. Other highlights include the Jim Derue Memorial Trotting Series and Gary Kamal Memorial Pacing Series, both kicking off their first legs on Oct. 10.
“We look forward to an exciting second half of our 2016 season,” said John Matarazzo, director of racing operations at Saratoga Casino Hotel. “We’ve already seen some tremendous moments thus far, and we wish all of our horsemen the best of luck as we look to cap out the year on a high note.”
GlobalFoundries Says Billions To Be Invested In Malta Plant To Produce New Microchips
GlobalFoundries will make an additional investment in its plant in Malta to enable development and production of its new cutting-edge 7 nanometer (7nm) technology.
Courtesy GlobalFoundries
GlobalFoundries plans to make an additional multi-billion dollar investment in Fab 8–its plant in Malta–to enable development and production of its new cutting-edge 7 nanometer (7nm) technology.
Company officials said the new technology is expected to deliver more than twice the logic density and a 30 percent performance boost compared to today’s 16/14 nanometer foundry FinFET offerings.
The platform is based on an industry-standard FinFET transistor architecture and optical lithography, with EUV compatibility at key levels. Officials said this approach will accelerate the production ramp through significant re-use of tools and processes from the company’s 14nm FinFET technology, which is currently in volume production in Malta.
The 7nm semiconductors are expected to complement the 14nm products, not replace them, Fab 8 Senior Vice President And General Manager Dr. Thomas Caulfield said in Malta on Sept. 15.
He said the technology is expected to be ready for customer product design in the second half of 2017 ramp to production in early 2018. The multi-billion dollar investment in Fab 8 will come before the production stage, to enable development and production.