Category Archives: Business News

Nonprofit Brewers Association Says Small Breweries Continue To Find Market Success

January 16, 2019January 17, 2019

As 2018 drew to a close, the Brewers Association—a nonprofit trade association dedicated to small and independent American brewers—said that while the brewing landscape is shifting, small and independent breweries continue to find market success.

Julia Herz, craft beer program director for the Brewers Association which represents more than 4,800 U.S. breweries, said brewers are “finding ways to differentiate themselves in a competitive market, become pillars of communities, and embrace new experiences and occasions to connect with beer lovers.”

A report by the association covered a variety of topics as it looked back at 2018.

• Stable and Steady: The craft brewing industry continues to grow. The Brewers Association’s mid-year survey measured 5 percent growth by volume, and although there have been signs of slightly slower growth in the second half of the year, it is clear that craft beer sales will once again reach a new high in 2018.

Turning Leaf Counseling Services In Glens Falls Expands During First Year In Business

January 16, 2019January 17, 2019

Kristine Karig, LMHC, seated, and Krystal Gleason, LMHC, operate Turning Leaf Counseling Services, where people can get assistance with a variety of mental health issues.

By Jennifer Farnsworth

With the new year, many people are making resolutions to live a happier, healthier lifestyles. While that is often connected to physical health, the connection between physical wellness and mental health has come to the forefront.

Turning Leaf Counseling Services, at 5 Warren St., Suite 209, in Glens Falls is a place where people can go to seek assistance with everything from depression to Post Traumatic Stress Disorder (PTSD) to family counseling.

Located on Warren Street in Glens Falls, the practice is shared by partners Kristine Karig, LMHC, and Krystal Gleason, LMHC. Karig said the two met while attending graduate school at the College of St. Rose. They performed their internship and residency at the same agency, and later worked together at CWI Inc. as behavior specialists

Two Speakers Set For EDC Annual Economic Outlook Breakfast At The Queensbury Hotel

January 16, 2019January 17, 2019

Kenneth J. Entenmann, senior vice president at NBT Wealth Management.
Courtesy ARCC

EDC Warren County will hold its annual economic outlook breakfast on Thursday, Jan. 31, at the Queensbury Hotel, 88 Ridge St., Glens Falls.

The “Looking Forward 2019” event will be a review of economy with two regional experts. EDC said they will address issues such as: What will the new year bring for business and economic development in our area? Where are the opportunities and potential pitfalls?

Speakers will be Heather C. Briccetti, Esq., president and CEO of the Business Council Of New York State Inc.; and Kenneth J. Entenmann, CFA, senior vice president and chief investment officer of NBT Wealth Management.

Registration for the event will begin at 7:45 a.m. The breakfast will ensue at 8 a.m.

Seating is limited. The EDC is encouraging people to reserve seats by Jan. 23 at a cost of $20 per person.

High Peaks Hospice Moves To New Space On Glen Street, Citing Continued Growth

January 16, 2019January 17, 2019

Officials attended a recent ribbon cutting to mark the move of High Peaks Hospice, which relocated to 454 Glen St. in Glens Falls after outgrowing their space at 79 Glenwood Ave.
Courtesy ARCC

By Christine Graf

High Peaks Hospice has relocated to 454 Glen St. in Glens Falls after outgrowing their office at 79 Glenwood Ave.

“We were growing and are still growing,” said fundraising coordinator Marisa Multari. “That space on Glenwood became too small.”

The new location, once a private residence, has plenty of room for expansion, she said. In addition to the main building, there is a 900-square-foot carriage house on the property. Several offices, including Multari’s, are located in the carriage house.

High Peaks does not offer inpatient hospice care The location on Glen Street houses office and support personnel only.

Freight Train Company In Fort Edward Provides For Transport Of Goods In Region

January 16, 2019January 17, 2019

Grain is offloaded from this freight train at the SMS Rail Lines in the Fort Edward Industrial Park. From the large conveyor system, the grain is then loaded in trucks and transported where needed.

By Greg Hitchcock

SMS Rail Lines, a railroad freight company based in Bridgeport, N.J., has a busy hub where it loads and unloads railroad cars for shipping product to markets in the New York-Vermont borderlands.

The freight company took over the former G.E. watering site at the Fort Edward Industrial Park in 2017 and converted the site into a grain transfer station for dairy farmers.

Since acquiring the Fort Edward Industrial Park site, SMS Rail has steadily built up the transfer station as a nexus for offloading commodities to market.

Associates Of Glens Falls Insurance Company Expands; Anticipates More Future Growth

January 16, 2019January 17, 2019

Chuck Gohn, president of the insurance company Associates of Glens Falls, stands in front of the company’s newly aquaired building at 220 Glen St. The company is expanding into this space.

By Greg Hitchcock

Associates of Glens Falls, an insurance company, recently acquired property at 220 Glen St. in Glens Falls and plans to expand.

The business, located at 228 Glen St., is experiencing a run of activity, one in which their current building is not sufficient enough to sustain.

“We were running out of space to grow into,” said Chuck Gohn, president.

Hudson Headwaters’ Community Health Centers Added To Aetna Insurance Network

January 16, 2019January 17, 2019

Hudson Headwaters Health Network and Aetna have entered an agreement that adds Hudson Headwaters’ system of 17 community health centers in the Adirondacks, North Country and Glens Falls region to Aetna’s New York network.

Hudson Headwaters provides primary care to residents in all of Warren County and parts of Clinton, Essex, Hamilton, Saratoga and Washington counties. It also delivers urgent care at its health centers in Glens Falls and Warrensburg.

Aetna’s New York members enrolled in commercial and Medicare Advantage health plans will be covered at the in-network level of benefits, effective Jan. 1.

Developer Plans To Build Workforce Housing Project On Broad Street In Glens Falls Have Strong Economic Impact

December 13, 2018December 14, 2018

This is a rendering of a four-story workforce development complex with 72 energy-efficient apartment units that Reagan Development plans to build in Glens Falls.
Courtesy Reagan Development

By Susan E. Campbell

Regan Development in Albany has contracted to purchase 182-186 Broad St. in Glens Falls and plans to construct a new, four-story workforce development complex featuring 72 affordable, energy-efficient apartment units.

Broad Street Commons will sit on 4.1 acres of prime downtown property that is close to Glens Falls Hospital, public transportation, banks, markets, and all the amenities of a city in the midst of revitalization. In addition, the complex itself will have 6,000 square feet of commercial space at street level, according to the company.

“A workforce development complex offers rents that will attract nurses, aides and families with incomes lower than the median,” said Larry Regan, president of the family-run business that has done dozens of similar projects throughout New York state, such as Lion Heart Residences in Cohoes, and in neighboring states.

Study: Cool Insuring Arena Continues To Run In The Black,

December 13, 2018December 14, 2018

Direct and indirect spending from events at Cool Insuring Arena rose roughly $2.6 million from $10.6 million to $13.2 million the past three years, a new study says.
Courtesy Camoin Associates

By R.J. DeLuke

The latest economic impact study regarding Cool Insuring Arena in downtown Glens Falls shows revenue numbers are increasing and effort by its owners—the Adirondack Civic Center Coalition—continue to be successful for keeping the facility in the black.

At a news conference in November, Camoin Associates, a research group based in Saratoga Springs, unveiled its latest study that showed that revenue and attendance continue to grow.

In 2016, Camoin Associates was commissioned by the Coalition to conduct an economic and fiscal impact analysis of the arena through July 2016. The new report is an update to that study and analyzes the impacts of the arena for the two subsequent years: August 2016 to July 2017, and August 2017 to July 2018.

The arena is home to the Adirondack Thunder hockey team, but hosts other events like concerts, sporting events and more that bring in revenue.

Direct and indirect spending from events rose roughly $2.6 million from $10.6 million to $13.2 million the past three years, the study said.

Kmart Building In Queensbury To Be Acquired By U-Haul; Storage Facility Planned

December 13, 2018December 14, 2018

This Kmart in Queensbury is closing and will be acquired by U-Haul International.

By Susan E. Campbell

The building at 308 Dix Ave. in Queensbury, home of Kmart for many years, is slated to become a self-storage facility and retail shop for U-Haul once bankruptcy court filings for Sears Holding Corp. open the way for acquisition of the property.

The purchase would allow U-Haul to significantly expand its business located now at 112 Main St. in Queensbury, the company said.

The store remains open thru the Christmas holiday season.

“It has been a pleasure working with the Sears real estate and legal teams to get to this point,” said Sebastien Reyes, vice president of communications for U-Haul International. “We look forward to continue working with them in hopes of getting approval from the bankruptcy court for this transaction.”