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Category Archives: Business News

AARP And Public Private Strategies Start Resource Center For 50+ Entrepreneurs

Posted onFebruary 18, 2021February 19, 2021

ARP and Public Private Strategies launched thefree Small Business Resource Center for the 50+ toprovide resources to aspiring entrepreneurs andestablished business owners. Older entrepreneurscan find support, resources and practical guidanceas they start, manage and grow their business.“Small businesses are vital to our nation’seconomy and many are started by Americans age 50and up,” said Susan Weinstock, AARP vice presidentof financial resiliency programming. “The impactof the pandemic on small businesses cannot beoverstated and it is crucial that business owners andaspiring entrepreneurs have practical guidance andinformation in this moment.”A significant majority of small business areowned by entrepreneurs who started their busi-nesses later in life. More than half (54 percent) ofAmerica’s small business owners are over 50 and in2019 they employed almost half (47.3 percent) ofthe U.S. private workforce.“Always, but particularly as we build back fromCOVID-19, small business owners and entrepre-neurs are constantly adapting and evolving basedon their market and customer needs,” said RhettButtle, founder and principal of Public PrivateStrategies.

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State Plans To Construct Two 20-Megawatt Solar Energy Projects In Fort Edward

Posted onFebruary 18, 2021February 19, 2021

FORT EDWARD —New York state has plans to construct two 20-megawatt solar energy projects in Fort Edward, part of an effort to reduce reliance on fossil fuels.
“As the world economy resets, and as change is a necessity, there is an opportunity to raise our efforts to the next level, and New York should seize this moment,” Gov. Andrew Cuomo said. “We can establish ourselves as the nation’s leader for renewable energy innovation and production. And we will secure the jobs of the future right here at home for New Yorkers.”
The plan includes four components, including identifying large-scale projects that would generate sufficient energy; creating manufacturing facilities needed to construct green infrastructure; increasing the state’s transmission supply so energy created elsewhere can flow to other parts of the state; and expanding education and job training in order to meet the workforce needs associated with green energy.

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Noble Gas Solutions Opens A Facility In South Glens Falls, Adding Warehouse Space, Offices

Posted onJanuary 15, 2021January 18, 2021
Noble Gas Solutions manufactures and sells dry ice, among other business services.

By Christine Graf
Albany-based Noble Gas Solutions is planning to open a third location at 15 Third St. in South Glens Falls.
The wholesale distributor of gasses and welding supplies also has a location in Kingston. Noble Gas was founded in 1940 as Albany Welding Supply Co. and owner J. David Mahoney worked there for 10 years before purchasing the business in 1986.
Approximately 60 percent of the company’s sales are generated from the gas arm of the business, he said. Noble Gas sells medical, specialty, industrial, and consumer gasses as well as gas and cryogenic packaging. Their packaging product line includes cylinders, tanks, manifolds, and liquid cryogenic dewars.
“We started by getting into selling specialty gasses for universities and for laboratories, and it just evolved. We sell so many different gasses. We sell helium to florists, gasses to veterinary clinics and pharmaceuticals. It’s very diverse,” said Mahoney.
Noble Gas also carries a full line of welding, metalworking, soldering, brazing, and fume elimination supplies.
The company sells, rents and repairs welding machines.

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Stec: State Must Help Businesses Hurt In Pandemic, Resist Temptation To Raise Taxes

Posted onJanuary 15, 2021January 18, 2021
Sen. Dan Stec’s 45th District includes Warren and Washington counties.
Courtesy Assemblyman Stec

By State Sen. Dan Stec
As the 2021 State Legislative session gets underway in Albany this month, the first order of business must be reestablishing its role as a co-equal branch of government.
Since March, Gov. Andrew Cuomo has exercised unprecedented authority to deal with the myriad challenges created by COVID-19. He was granted this authority by the Legislature at a time of great uncertainty and when there was a need to quickly respond to mitigate the spread of the illness and avoid our health care system becoming totally overwhelmed.
Fortunately, we have moved beyond that critical time. Remaining vigilant to prevent the virus from spreading is certainly still very important. But the coronavirus vaccine now offers great hope that we will be able to get back to ‘normal’ in the near future. As we begin a new session of a newly elected Legislature, it seems to me the time is right for lawmakers representing all regions of our state to discontinue the governor’s emergency power and fulfill their critical constitutional role.
We are all well aware of the financial challenges that lie ahead. While revenues for all levels of government are down, the real story is what our businesses, especially small employers and lower-wage workers, have been enduring. Small businesses drive our economy and their recovery must now be our priority.

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In Virus-Impacted Year, Winterfest Replaces Winter Carnival On Four February Weekends

Posted onJanuary 15, 2021January 18, 2021

A new event, WinterFest, is planned for the four weekends of February, replacing the Lake George Winter Carnival.
The new event, created because of the impact of COVID-19, entices visitors to attend socially distanced, safe outdoor events such as cross-country skiing, snowmobiling, winter “fat tire” mountain biking and dine in the Lake George area.
Participants will get a wristband, obtainable in advance online, that will serve as the ticket to horse-drawn carriage rides around Lake George and hot cocoa stations.
The website where wristbands will be on sale is www.lakegeorgewinterfest.com.
“WinterFest is the new way to get outside and really enjoy the wide variety of family-oriented socially-distanced recreational opportunities in the Lake George region of the Adirondacks,’’ said Christian Dutcher, who is organizing the event.

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Marc Monahan Leads The Adirondack Regional Chamber Of Commerce 2021 Board

Posted onJanuary 15, 2021January 18, 2021
Marc Monahan is the chairman of the ARCC board of directors for 2021.
Courtesy ARCC

The Adirondack Regional Chamber of Commerce (ARCC) announced that Marc Monahan, vice president and regional executive of NBT Bank, will again be chairman of its board of directors in 2021.
He replaced Eric Gilbert in 2020.
ARCC also announced the addition of four new board members for 2021.
“The past year certainly has been a challenge, but I believe we have a strong team at the ARCC and an outstanding group of board volunteers to help us make 2021 another successful year. Thank you to all of our members for their continued support of our 100 percent member funded and focused chamber,” said Monahan.
“As we enter into a new year, I am excited to welcome our newest board members and to show our gratitude to our outgoing members for their dedication to the ARCC.”
ARCC President & CEO Michael Bittel said, “We are blessed to have a board of directors who are all passionate about our region and our communities. Under Chairman Marc Monahan’s leadership, the Adirondack Regional Chamber of Commerce has continued to focus on our mission of loving and serving our entire community. Our four new board members will carry on their passion and legacy.”
Monahan joined NBT in 2010 as a member of the retail team. He has over 18 years of experience in banking in various roles within the retail and commercial divisions of NBT. Prior to coming to NBT he worked in the Capital Region as a member of the management team in KeyBank’s retail bank. Monahan started his career in the finance industry as a member of Citi Group.

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Stewart’s Shops Acquisition Of Red-Kap Adds Gasoline Distribution Services, A Few Stores

Posted onJanuary 15, 2021January 18, 2021
Red-Kap is a locally owned, family run business, has eight convenience stores, three car washes, a 75-plus dealer network and fuel distribution business.

Stewart’s Shops is announced it is expanding its fuel distribution business with the acquisition of Red-Kap, a locally owned, family run business.
Stewart’s officials said the company will acquire eight convenience stores, three car washes, a 75-plus dealer network and fuel distribution business.
Under the terms of the agreement, Stewart’s will maintain the branding of the Mobil, Citgo, and Sunoco stations and will convert a few of the Red-Kap locations into Stewart’s Shops.
“Stewart’s has always respected the business and our long personal relationship with the Kaplans and their team,” said Stewart’s Shops President Gary Dake. “Doing business with people who respect people is always a pleasure. Both organizations come from long local family histories that have helped form the communities where we live.
“The acquisition will add eight corporately run locations and a significant addition of gasoline supply and distribution to local stations. Stewart’s prides itself on vertical integration and support. In the age of COVID-19, with an ever-changing business climate, we look forward to extending this support to the distributor/dealer network.”
Red-Kap, based in Schenectady, owns eight convenience stores from Saratoga to Loudonville, Troy, East Greenbush, and as far west as the Syracuse suburb of Baldwinsville.

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New Public Relations Company In Glens Falls Focuses On ‘Green’ Sustainability Markets

Posted onJanuary 15, 2021January 18, 2021
Tony DeFazio, founder Sustainable PR, a company positioned to support companies of varying sizes operating in B2B and B2C industries, such as green technology and renewable energy.
Courtesy Sustainable PR

Sustainable PR, a new public relations agency in Glens Falls, has opened with a focus on fostering “green” business success in the growing sustainability market.
After 30 years of media relations experience in Philadelphia, Tony DeFazio, founder and principal of the agency, started the company.
Sustainable PR is positioned to support companies of varying sizes operating in B2B and B2C industries such as green technology, renewable energy, eco product manufacturing, sustainable investment products and organic food and beverage, according to the company.
Sustainable PR offers a range of services, including message development, media relations, influencer relations, coalition building and thought leadership.
The agency launched with its first client Soho Waterworks, a Brooklyn-based start-up water distributor aiming to redefine the standards of drinking water and help regional bottlers of fine waters access broader markets.
DeFazio said the inspiration for the agency can be traced back to a hike in Philadelphia’s Wissahickon Park at the outset of the COVID-19 pandemic, when a friend asked him how he wanted to spend his next 10 years. After a lifetime of volunteering and advocating for environmental and sustainable causes, DeFazio decided to put his skills to work to both pursue his passion and meet what he describes as a growing market need.
“I reached a point where I could really take a step back and evaluate where I wanted to head next,” DeFazio said. “After building a strong reputation and an extensive network of contacts, I was ready for a new challenge.”

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The Jefferson Project In Lake George Heads Collaborative Effort To Stem Harmful Algae

Posted onJanuary 15, 2021January 18, 2021

The state Department of Environmental Conservation (DEC) in November discovered Lake George’s first harmful algal bloom (HAB) in Harris Bay.
The Jefferson Project at Lake George, a collaboration between RPI, IBM Research, and the nonprofit FUND for Lake George, immediately deployed resources to examine the situation.
More than 20 researchers collected water samples from across the lake for sophisticated chemical, biological, and computer modeling analyses. They also deployed advanced sensors around the lake (including Harris Bay), officials said.
The algal bloom was first observed in Harris Bay on Nov. 7 and dissipated that same day, according to the FUND for Lake George. Additional blooms appeared on Monday, Nov. 9, in Harris Bay, Sandy Bay, Warner Bay, and near shore waters off of Lake George Village, all of which dissipated within 24 hours.
It was verified that the threshold of cyanobacteria concentrations in excess of 25 micrograms per liter were present. IBM and RPI supercomputers and researchers began computationally modeling recent weather and water circulation at all levels of the lake.
All of this effort, officials said, is aimed at answering three critical questions.
“The first question is: Was this a natural event or is this an early warning sign of human activities impacting the lake, due to factors like increasing nutrients or global climate change? Our rapid response to the recent HAB event in Lake George and similar occurrences in lakes across New York state puts us in a unique position to answer those questions and provide insights to decision makers,” said Dr. Rick Relyea, director of The Jefferson Project and a professor of biological sciences at RPI.

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Adirondack Trust Community Fund Gives Out Grants To Region’s Nonprofit Agencies

Posted onJanuary 15, 2021January 18, 2021

The Adirondack Trust Co. Community Fund has awarded Lend-A-Hand Grants to 37 local nonprofit organizations.
Since 2012, Lend-A-Hand Grants have been awarded annually using community funds from ATCCF’s annual Autumn of Giving Match Campaign.
Officials said because of the economic stresses COVID-19 has placed on businesses and individuals, the Adirondack Trust Co. fully funded this year’s grant efforts, donating $77,000 in lieu of the typical match campaign.
“In a year full of challenges and difficult decisions, the Community Fund is grateful that Adirondack Trust quickly stepped up to fund the 2020 Lend-A-Hand Grants,” said ATCCF Advisory Committee Chair Brian Straughter. “We are so grateful for our community partnerships like this one.”
“There was absolutely no question when it came to funding this year’s grants,” said Adirondack Trust President and CEO Charles V. Wait, Jr. “Ensuring the Community Fund’s perpetuation and its ability to assist so many incredible nonprofits was a top priority, but the best part is that, even though the community didn’t have to donate this year, so many did.”
Lend-A-Hand Grants help local nonprofits throughout Saratoga, Warren, and Washington counties obtain critical funding for a diverse spectrum of needs: combatting food insecurity, improving living conditions, providing medical supplies and personal protective equipment, and so much more.
Grant awards were provided to the following organizations:

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