Category Archives: Business News

Citing Rapid Growth, Chazen Companies Moves Into Bigger Offices In Glens Falls

December 13, 2018December 14, 2018

The Chazen Companies has moved its North Country office to a new and larger location in Glens Falls.

Company officials said the move is a result of rapid company growth. The new office is located at the historic building that was once Clark Brothers Glove Factory, also known as The Mill, at 20 Elm St.

Chazen opened its North Country office in Glens Falls in 2000 and moved to Queensbury 13 years later in 2013. During its current period of growth and expansion, Chazen is returning to Glens Falls at a new location downtown to accommodate its increasing success, the company said.

Chazen’s new was created in 1920 and was once considered one of the largest glove-making facilities in upstate New York. The factory served as the largest employer in the city during the first half of the 20th century. It operated until 1968.

NYS Has $5M To Install Vehicle Charging Stations At Workplaces, Offices And More

December 13, 2018December 14, 2018

New York state has $5 million available as part of the first rebate designed specifically for the installation of electric vehicle charging stations at workplaces, office buildings, multi-family apartment buildings, and public locations such as theaters, malls, parks and retail locations.

The installation of charging stations for public use supports the state’s clean energy goal to reduce greenhouse gas emissions by 40 percent by 2030.

“New York continues to lead the nation in reducing our carbon footprint by aggressively investing in clean transportation methods,” Gov. Andrew Cuomo said. “By expanding public access to electric vehicle charging stations, this program will make it more affordable for New Yorkers to make the switch to an environmentally friendly electric vehicle, resulting in a cleaner, greener New York for all.”

TBC CPAs Creates An Alliance With FAZ

December 13, 2018December 14, 2018

Teal, Becker & Chiaramonte CPAs, PC, an accounting and advisory firm, and Ferraro, Amodio & Zarecki CPAs, a boutique forensic accounting firm at 18 Division St., Saratoga Springs, have announced a strategic alliance designed to provide their respective Capital Region clients and contacts with expanded service offerings.

TBC and FAZ will remain independent organizations as they pursue a set of agreed upon objectives to ensure a successful relationship, firm officials said.

“We are excited to join forces with FAZ to bring premier forensic accounting and fraud prevention services to our clients, COIs and referral sources,” TBC Managing Partner Jim Drislane said. “For decades, the FAZ team members have served as valued consultants and forensic experts for attorneys, insurance companies, corporate clients, not-for-profits and governmental entities. They have built a strong reputation specializing in forensics. Working with a well-established player like FAZ will only enhance our ability to serve clients.”

‘Hometown Holidays’ Events Scheduled For Nov. 30 And Dec. 1 In Downtown Glens Falls

November 15, 2018November 15, 2018

Downtown Glens Falls will be the scene of the next Hometown Holidays events on Nov. 30 and Dec. 1, starting with the annual tree lightingthat Friday in City Park.
Courtesy Glens Falls Collaborative

By Christine Graf

For the second year in a row, Nancy Turner is the chairperson of Glens Falls Collaborative Hometown Holidays celebration that will kick off on Friday, Nov. 30 in the downtown area.

“The turnout was excellent last year^. I think everybody really enjoyed themselves,” said Turner. “But this year, there will be so much more.”

Turner and her husband, Bill, are the owners of the Bell House Inn, located at 153 Bay St. in Glens Falls. For 12 years prior to relocating to Glens Falls to be closer to family, they were the proprietors of the Altamont Old Stone House Inn in Altamont.

This year, 12 downtown businesses will participate in a window display competition. The displays, in holiday or winter themes, will be unveiled on Thanksgiving Day. They will stay in place until Jan. 1. People can go online to vote for their favorite window at glensfallscollaborative.com.

The two-day Hometown Holiday event will kick off at 5 p.m. that Friday in City Park, with the annual tree lighting. DJ Mark DuBray will be playing music. The Glens Falls Symphony Children’s Choir will also sing Christmas carols. After Santa arrives, he and the mayor will light the city’s Christmas tree.

Finch Paper In Glens Falls Eyes Project That Would Allow High Yield From Its Wood Yard

November 15, 2018November 15, 2018

Finch Paper LLC is considering a $5 million
expansion of its wood yard in Glens Falls.

By Christine Graf

Finch Paper LLC in Glens Falls is considering a $5 million expansion of its wood yard. The upgrade would allow Finch, one of the largest privately owned pulp and paper companies in the United States, to process 16-foot logs.

It would position the company to purchase more pulpwood from area loggers.

Company Chief Financial Officer Alexander Rotolo said the capital project is in the planning stages.

“Hundreds of companies rely on Finch and make decisions based on Finch,” he said. “If they think we are going to 16-foot wood in the next six months, they may make decisions to do things like change equipment.”

Three Area Banks Are On Small Business Association’s List Of Top Performers In 2018

November 15, 2018November 15, 2018

The Small Business Association’s Syracuse District announced that Adirondack Trust Co., Saratoga National Bank and TD Bank were among the top performers in the Capital Region.

SBA Regional Director Bernard J. Paprocki released the fiscal year 2018 lending report, with 670 7(a) and 504 loan approvals valued at $177 million across the 34-county Syracuse district.

“Small businesses in Upstate New York are accessing the affordable capital they need to start and expand with SBA-backed loans,” he said.

Paprocki said Adirondack Trust and Saratoga National Bank had the highest number of 7(a) approvals in their respective categories based on asset size.

TD Bank was the top Capital Region large commercial lender, with 29 loans at a value of $7.5 million.

Cool Insuring Arena Box Office Branded With Sponsorship From Upstate Chevy Dealers

November 15, 2018November 15, 2018

Cool Insuring Arena has entered into a two-year agreement with Upstate Chevy Dealers to rebrand the box office to the Upstate Chevy Dealers Box Office at Cool Insuring Arena.

“We’re proud to partner with a great member of our community in the Upstate Chevy Dealers as we are able to name our box office for the first time in its 39-year history,” Cool Insuring Arena General Manager Jeff Mead said. “We have seen mutual success with our sponsorship deals throughout the arena and hope to continue that success with the new naming of our box office.”

Upstate Chevy Dealers becomes the first sponsor of the building’s ticketing center since its inception in 1979.

The two-year agreement will keep the dealership as the official sponsor of the box office through at least 2020. As part of its deal, Upstate Chevy has updated and rebranded the outside area of the box office.

Four Companies Honored At Washington County Business Awards Luncheon Event

November 15, 2018November 15, 2018

Representatives of Adirondack Studios, Broadway Upstate, Hunt Companies Inc. and Battle Hill Brewing Co. pose with their Washington County Business Award plaques.
Courtesy ARCC

The Washington County Local Development Corp. and the Adirondack Regional Chambers of Commerce honored the winners and nominees of the 2018 Washington County Business Awards at a luncheon on Thursday, Oct. 25, at the Whitehall Athletic Club in Whitehall.

With over 75 people in attendance, the ARCC and Washington County LDC presented slate-carved awards to the winners of the four categories

Adirondack Studios in Argyle won in the Professional Business of the Year category.

Other nominees in that category were Capital Tractor Inc., Golden Goal Sports Park, Irving Tissue and Morcon Tissue.

Broadway Upstate in Hudson Falls was the recipient of the Rookie Business of the Year ward.

Gift Basket Company Grows From At-Home Business To A New Storefront In Queensbury

November 15, 2018November 15, 2018

This is an example of a gift basket done by Sharp Presents for NBT Bank. Owner James Joseph says corporate and business-to-business work is a big portion of his business.
Courtesy Sharp Presents

By Jennifer Farnsworth

A gift store that has been operating online for the past 16 years now has a new storefront at 1088 Route 9, Queensbury.

Sharp Presents owner James Joseph credits his success to good timing, a great location and a knack for knowing what people want.

“Business has increased a fair amount since going from residential studio to storefront in September, but truth be told I had not been looking for a storefront or even had plans for a future storefront,” he said. “It all just sort of fell in my lap, right time, right location, right price.”

Sharp Presents was re-established in August of 2016 after Joseph spent the summer working with the Gideon Putnam resort on a multi-order design for their VIP clients.

Joseph said Sharp Presents is the “rebirth” of a similar business that he established in Michigan roughly 16 years ago.

Anne Saile Becomes First Recipient Of Legacy Award Bestowed By The Hyde Museum

November 15, 2018December 6, 2018

Anne Saile is the interim director of The Hyde Museum and the first Legacy Award Winner.
Courtesy The Hyde

Updated December 6, 2018

The Hyde Museum honored Interim Director Anne Saile with its inaugural Legacy Award for her contributions to furthering the museum’s mission of enriching lives with art at its annual gala.

The museum on Oct. 26 celebrated its past and started a new tradition at the event. The Hyde retraced the steps of museum founder Charlotte Pruyn Hyde and her husband, Louis, as they traveled the world to build their incredible art collection.

The gala included an exhibit of Hyde history, with travel mementoes, clothing, home furnishings, letters, and journals celebrating the Museum’s storied history.

Saile was recognized for her leadership through a transition period. During her tenure, The Hyde has thrived, with attendance on target to surpass that of 2017 by 25 percent, children’s programs flourishing, and increasingly innovative programming giving visitors new ways to experience art museum officials said.

The Legacy Award honors individuals who advance the legacy of the museum and inspire others with their leadership, passion, commitment, and creativity.

“I can think of no one more deserving of this special honor than our leader and friend, Anne Saile,” said David Howson, chairman of the museum’s board of trustees.