
Courtesy SEDC
By R.J. DeLuke
The Saratoga Economic Development Corp. (SEDC) has been a driving force in the economic development in the area for more than four decades.
Functioning as an independent, nonprofit group, its purpose is to create jobs and diversify the tax base. It is always examining what business or industry might be a good fit for the community and how to entice them to the area.
To that end it has helped attract companies like QUAD/Graphics, SYSCO Food Service, Ball Metal Corp., the Ace Hardware and Target distribution centers, Arnoff Global Logistics, Greenfield Manufacturing, AgroChem and many more to the area.
It was also a key player in the development of the $200 million Luther Forest Technology Campus.
Business retention is also important. SEDC works with state and regional officials on economic development programs available to encourage continued growth of existing industries.
Funding from the organization comes from businesses who pay memberships and thereby help the SEDC continue to work for a stronger economy that benefits all businesses. It also receives some funding from Saratoga County (though SEDC remains politically neutral).
Those that pay the SEDC fees are called “stakeholders.” And to retain and grow those entities, having tangible benefits is important. Retaining stakeholders (and growing them) is on a par with keeping Saratoga County’s existing businesses within the thriving business community.







