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Business Report: Safeguard Profits: Key Holiday Insurance Strategies

Posted onSeptember 25, 2024
Melissa Davidson, CIC, Senior Sales Executive, Northern Insuring, Glens Falls.

By Melissa Davidson, CIC

The holiday season is a critical time for businesses, especially those in retail. With the surge in sales, there is also an increase in inventory to meet the demand. While this can lead to substantial profits, it also introduces significant risks. Business insurance for inventory during the holidays is essential to protect your investment and ensure your operations run smoothly. Here’s what you need to know.

Understanding the Risks: The holiday season presents unique challenges for businesses. Some of the most common risks include; theft & burglary, fire hazards, damages in transit, and natural disasters.

With the increased flow of customers and high-value inventory, the risk of theft and burglary rises. Seasonal hiring may also mean less experienced staff who may be less vigilant about security protocols. These temporary employees, while essential for handling the holiday rush, might not have the same level of training or loyalty as permanent staff, which can inadvertently increase the risk of internal theft.

Holiday decorations, increased electrical usage, and heating can elevate the risk of fire. Dry Christmas trees, decorative lights, and heating systems running at full capacity can contribute to potential fire hazards. The festive atmosphere often leads businesses to add extra lighting and decorations, which, if not properly managed, can become fire hazards. It’s crucial to regularly inspect all electrical decorations for frayed wires and to ensure that real Christmas trees are kept hydrated to prevent them from becoming fire risks.

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Benefit Shift

Posted onSeptember 25, 2024

The workforce is undergoing a generational shift. Job seekers’ expectations are evolving, and companies need to evolve with them. Numerous trends are cropping up for 2024-2025, yet three themes are continually emerging that appeal directly to the future workforce. First, offer employees a comprehensive health plan that goes beyond standard health insurance. Expand wellness...

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Spray Foam Is Considered Excellent Method Of Insulating Homes Against Heat Loss

Posted onSeptember 25, 2024

By Christine Graf

With locations in Warrensburg and Niskayuna, North East Spray Foam has been meeting the insulation needs of Capital Region customers for more than two decades. Owner Geoff Konis also operates North East Underlayment, a concrete repair company that has been in business for 40 years, conducting business in 30 states.

Konis got into the spray foam business after hiring a company to install the product in his late 1800s-era home in North Creek. 

“I hired someone to insulate my very old home with spray foam, and I was so impressed with the product and so disappointed in the customer service that I started to pursue the idea of starting the business,” he said.

“Polyurethane spray foam is one of the most efficient ways to insulate homes from heat and cold. It is very widely used in residential construction and commercial construction as well as in multi-family housing—apartments and condos. It can also be used to improve aging structures, making them more energy efficient,” he explained.

North East Spray Foam manufactures their product by combining chemicals in one of five mobile facilities, climate controlled trailers that are taken to job sites. Inside the trailers, chemicals are combined at the proper temperature and pressure using specialized equipment. Immediately after the foam is manufactured, it is transported down a high-pressure hose. An application gun located at the end of the hose is used to dispense the foam. 

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Water Conservation And Monetary Savings Are Possible With Use Of Low-Flow Fixtures

Posted onSeptember 25, 2024
The crew at Jack Hall Plumbing & Heating help clients conserve water and save money.
Courtesy of Jack Hall Plumbing & Heating

By Christine Graf

As water conservation becomes an increasingly critical concern across the country, many homeowners are discovering new ways to save on their water bills while helping the environment. From aerators that reduce faucet flow to high-efficiency toilets that use a fraction of the water, these innovations are quietly making waves in areas where every drop counts. Though such water-saving fixtures may not yet be household staples in regions like ours, experts believe it’s only a matter of time before they catch on.

“In this area, there’s still a sense that water is limitless,” said Ty Hall, co-founder and president of Jack Hall Plumbing and Heating in Glens Falls. “But that attitude might shift as people become more aware of the benefits—both environmentally and financially—of conserving water.”

With 40 years of experience, Jack Hall Plumbing and Heating is no stranger to helping homeowners save money through energy-efficient solutions. The company, founded by Hall and his father, Jack, offers much more than plumbing services. From heating and air conditioning to cutting-edge attic insulation, they’ve built a reputation for helping customers lower utility bills. Now, with water-saving fixtures gaining popularity, they’re ready to offer guidance on how small changes can lead to big savings.

For example, installing a simple faucet aerator can significantly reduce water usage, lowering flow from 2.2 gallons per minute to just 1.5—without compromising water pressure.

“Aerators are a quick, inexpensive fix,” said Hall. “You don’t need to replace your whole faucet. You just swap out the aerator, and you’ll see savings right away. Plus, you’ll still get a decent stream of water, so it doesn’t feel like a downgrade.”

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Ongoing Advances In Efficiency Of Windows Provide More Comfort And Energy Savings

Posted onSeptember 25, 2024
Curtis Lumber showcases energy-efficient window solutions that offer long-term savings and comfort for both residential and commercial projects.
Courtesy of Curtis Lumber

By Susan Elise Campbell

As window manufacturers make strides in energy efficiency, consumers may find that even though it costs more to purchase the higher Energy Star® standard, the benefits of the investment are worth it. These may include the comfort they feel in their home or business, long-term savings on heating and air-conditioning, and protection of the environment, according to www.energystar.gov.

Ian Young is director of commercial sales for Curtis Lumber Company. While he works out of the Ballston Spa location at 885 Route 67, he oversees the commercial sales process for the company’s 21 stores in New York and the two in Vermont. Along with the company’s on-staff architectural engineer, he advises commercial builders on the best choices for windows, doors and skylights for their projects.

Young explained what makes newer windows increasingly energy efficient.

“It comes down to the glass as well as some modifications to the window frame,” said Young. 

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Arrow Financial Corp Unifies Glens Falls And Saratoga National Banks Into Single Entity

Posted onAugust 19, 2024
Glens Falls National Bank, formed in 1851, will increase its presence in the communities it serves following the rebranding under the Arrow Financial Corporation banner.

By Susan Ellse Campbell

Arrow Financial Corporation has finalized plans to unify its two banking subsidiaries and is soon to reveal a new logo and signage under which the two financial institutions are being rebranded, announced parent company president and CEO David S. DeMarco. 

The 37 branches of Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company will be named Arrow Bank going forward, he said. 

DeMarco said the change was years in the making.

“What we are doing is different from an ordinary bank merger, as Arrow Financial already owned these two community banks,” he said.

DeMarco explained that since the two banks have different back offices, the systems behind their operations have to become one to achieve the efficiencies the parent company is seeking.

“Sharing the same ‘back room’ is more efficient than two banks doing the same functions independently,” said DeMarco. “This will free up resources to enhance our strategic growth opportunities and provide unparalleled customer service.”

Glens Falls National Bank was formed in 1851 and, like Saratoga National Bank, has a strong presence in the communities it serves. The latter was formed in 1988 and has been a subsidiary of Arrow Financial since its beginning. But the two banks have different charters. 

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Legislators And Community Members Resist Closing Great Meadow Correctional Facility

Posted onAugust 19, 2024
New York State Representative Carrie Woerner (2nd from left) stands with members of the Public Employees Federation at a rally to keep Great Meadow Correctional Facility open.

By Christine Graf

Local lawmakers and citizens are asking state officials to reconsider the decision to close Great Meadow Correctional Facility, a maximum-security prison in Comstock. The prison is slated for closure as part of the state’s effort to adapt to a shrinking inmate population and a shortage of corrections officers. 

According to New York’s Department of Corrections and Community Supervision (DOCCS), Great Meadow Correctional Facility and Sullivan Correctional Facility in Sullivan County will be closed by November 6. DOCCS has reported that employees at both prisons will be offered positions at other facilities within the state. 

With approximately 650 employees, Great Meadow is the largest employer in Washington County. The prison’s closure is expected to have a significant economic impact on the county. 

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New Owners Bring Fresh Energy To A South Glens Falls Dining Institution

Posted onAugust 19, 2024
Chris and Jenny Dore stand in the newly acquired The Pappermill Family Restaurant.

By Ann Donnelly

A local culinary power couple has taken the reins of a beloved South Glens Falls eatery, injecting new life into a decades-old establishment. Jenny and Chris Dore recently acquired The Peppermill Family Restaurant, a popular diner with a solid local following.

The Dores brings a wealth of experience to their new venture. Chris, a Saratoga native, is a seasoned chef with a background in fine dining and restaurant management eager to put his culinary stamp on the menu while preserving the restaurant’s classic charm. Jenny, a nutritionist from Queensbury with a passion for wellness, plans to infuse the business with a health-conscious approach without compromising taste.

The couple met when Chris worked in the kitchen at Druthers in Saratoga, and Jenny worked “front of the house.” Chris’s culinary training started in childhood, “we used to make tortellini, ravioli, and fresh pasta in our kitchen.” His journey then brought him to wash dishes in local restaurants, toss pizzas, and then two years at the Culinary Institute of America. After Druthers, he helped with the opening of Max London’s and became Executive Chef at The Gideon Putnam Hotel. He strengthened his management skills as Culinary Director of Wheatfields, including the restaurants in Saratoga, Clifton Park, BWP (Beer, Wine, Pizza), and 2 West Bar and Grill both in Saratoga. 

“All that has led to owning our own business, says Chris. “All the prerequisites of being an owner were checked off. This is a natural next step.”

Previous owners John and Vicky Osakowicz, who opened The Peppermill 33 years ago, can now retire knowing their beloved restaurant and loyal customers are in good hands. 

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The Alpha Win Annual Lake George Triathlon Is Scheduled For Labor Day Weekend

Posted onAugust 19, 2024
The biking leg of the triathlon attracts athletes from throughout the region.

Alpha Win’s 18th Annual Lake George Triathlon – a weekend of endurance and fun – is returning to the shores, bikeways, and streets of Lake George over Labor Day weekend, Saturday August 31 – Sunday, September 1.  

Standing by the motto, “A Distance For Everyone®,” the Alpha Win Lake George Triathlon features Sprint, Olympic and Long Course triathlon distances, coupled with aquabike and duathlon options. The competition is set to be fierce with the Northeastern Collegiate Triathlon Conference in attendance, bringing together some of the most prominent collegiate tri-athletes in the region. This event joins Alpha Win’s extensive calendar of New York offerings, including the Saugerties Triathlon, Hudson Valley Triathlon, and Hudson Valley Marathon.

The races begin on Saturday morning at 7 a.m. sharp at Million Dollar Beach with the Long Course wave start. The Alpha Long Course is a 1.2-mile swim, 56-mile bike, and 13.1-mile run.  After Saturday’s races, participants and supporters are invited to enjoy an exclusive dinner aboard Lake George Steamboat Company’s Mohican, at 6:15 p.m. This excursion can be purchased during race registration.

The races continue Sunday morning, with the Alpha Sprint kicking off at 6:30 a.m. This is a 750-meter swim, 12.4-mile bike, and 3.1-mile run. Awards for this race will be handed out at 9:00 a.m. The final race, the Alpha Olympic, will start at 7:10 a.m. This is a 1,500-meter swim, 24.8-mile bike, and a 6.2-mile run. 

Race Director Tommy Struzzeri believes the endurance industry is primed for a company like Alpha that will help people of all abilities get into racing.  

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Personnel Briefs: August 2024

Posted onAugust 19, 2024

Tri-County United Way has announced the promotion of Laura Jensen to the position of director of community engagement.

Ms. Jensen’s promotion reflects her commitment to Tri-County United Way’s mission and her proven ability to advance the organization’s goals of creating lasting, positive impact. Ms. Jensen looks forward to continuing to bring her expertise to Tri-County United Way to help drive the organization’s mission of strengthening communities its service area. 

A resident of Queensbury, Ms. Jensen holds a master’s degree from Marist College and a bachelor’s degree from SUNY New Paltz.

*      *     *

Maria College, a private, co-educational Catholic college founded by the Sisters of Mercy, has announced the appointment of four new members to its board of trustees.

The new trustees — Sister Jude Kapp, RSM (Rensselaer); Helen Figge, Ph.D. (Slingerlands); Angela C. Dominelli, Ph.D. (Schenectady); and, Karen McKenna, RN, BSN — will each serve three three-year terms. They will guide the college’s direction, expand course offerings, build corporate partnerships, and enhance resources to strengthen the student experience.

Since August 2011, Sister Kapp, RSM, has served as a pastoral associate at Blessed Sacrament Parish in Albany, managing the food pantry, visiting the elderly and sick, and overseeing RCIA and adult confirmation programs. Previously, she was math department chair at Catholic Central High School in Troy and Notre Dame High School in Elmira.

Ms.Figge, BS, PharmD, MBA, CPHIMS, FHIMSS, FACHT, and Certified Six Sigma Black Belt, is a prominent healthcare leader and futurist. Dr. Figge has held roles on various national healthcare IT boards, including the Healthcare Information and Management Systems Society and National Association of Health Data Organizations. She has received the FedHealthIT 100 Award and other accolades. Dr. Figge is currently the chief strategy officer at MedicaSoft and an executive in residence at Massachusetts College of Pharmacy and Health Sciences.

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