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Economic Outlook 2022: Rene A. Walrath

Posted onJanuary 17, 2022
Rene A. Walrath is the president of Walrath Recruiting Inc.
Courtesy Walrath Recruiting Inc.

By Rene A. Walrath

In 2022, hiring, recruiting, and retaining talent will continue to rapidly transform. The unemployment rates are continuing to rise and the Great Resignation will continue on in this upcoming year. This leads us to ask what will recruiting top talent look like this year?

The Great Resignation is caused by people quitting their jobs in large amounts due to low wages, poor benefits, a lack of work-life balance, and overall unhappiness at their current role. These employees are currently trying to find a job that is a better career fit for them and offers a better balance. 

Retaining talent and recruiting in 2022 will be centered around responding to these changes in the employee or candidate’s expectations due to the pandemic. 

The beginning of this pandemic forced many employees to work from home as offices shut down, which in turn caused the realization of how productive employees can be from home. Some of these employees enjoyed the remote work and the extra time that came with working from home. 

Employees now are pushing for hybrid and remote jobs where they have the ability to add flexibility into their schedule. Companies will continue to adapt to these candidate expectations in order to retain employees during a historic labor shortage by offering a workplace that fosters a better work life balance. 

COVID-19 revealed to employers how important mental health is for everyone. During a time where there is a global talent shortage—the Great Resignation—employers will continue to attract top quality candidates through increasing their workforce’s health and fostering a healthy work environment both physically and mentally. 

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Activities Abound At Lake George Winter Carnival On Feb. Weekends In The Village

Posted onJanuary 17, 2022
The Lake George Winter Carnival takes place the weekends of Feb. 5 -6, 12-13, 19-20 and 26 -27, featuring family friendly events, may of them free and open to tourists and area residents as well.

The Lake George Winter Carnival takes place each weekend throughout February, featuring family friendly events, may of them free and open to tourists and area residents as well.

 For 2022, the dates are the weekends of  Feb. 5 -6, 12-13, 19-20 and 26 -27.

Through the course of those weekends there are chowder, chili, BBQ, and chicken wing cook-offs. There are activities like outhouse races, ATV races, polar plunges, fireworks and more.

Events are coordinated by the Lake George Regional Chamber of Commerce.

Kids can participate in children’s activities like pony rides or  toast marshmallows on the beach. 

Although Lake George is usually frozen solid by February, there are some years when mild temperatures cause the ice to be unsafe for normal activities. If ice-dependent events need to be canceled or relocated, that information will be announced on the Winter Carnival’s Facebook page or website.

 There are plenty of places for tourists to stay overnight. 

For more information and schedules, visit www.lakegeorge.com/winter/carnival.

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Business Briefs: January 2022

Posted onJanuary 17, 2022

Glens Falls National Bank and Trust Co. has earned national Bank On certification for its new checking product, Smart Steps. 

The bank is one of just 166 in the country to earn this distinction from the Cities for Financial Empowerment Fund (CFE) to serve the unbanked and underbanked.

The CFE works directly with national and regional financial institutions to encourage the widespread availability of safe, low-cost, transactional products within their community. The Bank On certification provides account standards and a review process that ensures everyone has access to an affordable bank account.

Smart Steps is a checking account designed to help individuals who don’t have easy access to affordable banking services and have a goal of achieving economic independence and security. The account will be available throughout the bank’s service area in early 2022.

***

The Tri County United Way is offering free tax classes to potential volunteers joining the Volunteer Income Tax Assistance program.  

With the stimulus payments and recent changes to the Earned Income Credit, Child Tax Credit, and Dependent Care credit more local residents may be looking for assistance completing their tax returns during the 2022 filing season.

Volunteers become IRS certified tax preparers upon successful completion of this training.   They then work one or two days/evenings a week in the local communities assisting families and individuals free of charge with completing and e-filing their personal tax returns.  

The local VITA team prepares tax returns throughout Washington, Warren and Northern Saratoga counties during the tax filing season of January through April. Other volunteers are needed to answer phones, make the tax appointments, and serve as greeters at the tax sites.

To learn more and/or register for these free tax classes contact Joan at 518-746-2560 or via email at tcuwvita@gmail.com or visit the website at www.tricountyunitedway.org. 

***

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Vermont-Based Product Supplier To Convert Warehouse Into Storage And Assembly Plant

Posted onJanuary 17, 2022

By Christine Graf

Vermont-based electrical product supplier Green Mountain Electric Supply, which has a facility in Queensbury,  is moving forward with plans to convert a 64,000-square-foot warehouse at 823 Main St. in Clifton Park into a wire cutting, storage, and assembly plant. 

The Saratoga Economic Development Corp. assisted the company in applying for tax incentives which have been awarded in the amount of $338,329. In addition to a $33,000 mortgage tax exemption, the company was awarded a $57,400 sales tax exemption and a payment-in-lieu-of-taxes agreement that will amount to $247,929 over 10 years, officials said.

Green Mountain Electric Supply, a third-generation family-owned company, has been in business since 1953. Since that time, it has grown to include 20 locations throughout Vermont, New Hampshire, and New York, and 280 employees. 

“We distribute electrical products meaning that we buy material from manufacturers or rep agencies and sell it mostly to commercial contractors,” said Luc Choquette, vice president of operations.

Among its products are large reels of copper wire that are cut and repackaged on smaller reels.

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Foothills Builders Planning To Construct 77 Townhouses On Former Garden Center Plot

Posted onJanuary 17, 2022

By Christine Graf

Foothill Builders, a family owned residential construction company, is pursuing plans to build 77 townhouses on Ridge Road in Queensbury. 

The property was the former home of Mead’s Nursery and Garden Center. The garden center closed in 2019 after 70 years in business.

Joe Leuci and his father, Joe, established Foothill Builders in 2013. Since that time, they have built close to 100 homes including two subdivisions in Queensbury and numerous homes in Corinth and Moreau. 

The Ridge Road property is currently zoned commercial. Leuci and real estate lawyer Jeffrey Meyer recently appeared before the town Planning Board to present a rezoning proposal. During the meeting, town officials raised concerns related to traffic on Quaker Road but were told that main access roads for the townhouses would be on Ridge Road and Meadowbrook Road. 

“It’s located in kind of a buffer area between the heavy commercial area on Quaker Road and the neighborhoods on the other side of the property,” said Leuci. “We view this as a nice transitional project between the commercial and the residential areas and we feel the town understands our concept. No one wants the commercial aspect to be developed there.”

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Granville Community Foundation Reaches $1 Million Fundraising Goal For 2021

Posted onJanuary 17, 2022

The Granville Community Foundation announced that it has met its $1 million fundraising goal for 2021.    

 “It’s been an incredible first year,” said Michael Freed, chair of the Granville Community Foundation (GCF). “We’ve created a mission to invest in the future of Granville, a vision to raise $5 million toward that investment by 2030 and a brand summary to assist in an expanded awareness of who we are.  

“We’ve done all this while soliciting donations from a lot of people with ties to Granville and preparing for our first grant awards in 2022.  On behalf of my fellow board members, I’d like to thank everyone who has donated in some way to the Granville Community Foundation this year.  It’s impossible to thank each of them, adequately, for what they’ve enabled us to do. However, their commitment in helping us achieve this first milestone is something we all will never forget.”

He said the foundation looks forward to building on those relationships, and forming new ones, as it develops a plan for raising $5 million for the GCF by the end of the decade.   

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Several Area Arts Organizations Get Funds From New York State Council On The Arts

Posted onJanuary 17, 2022

Gov. Kathy Hochul announced $45 million in grant awards through the New York State Council on the Arts (NYSCA), including several local projects.

 Grants administered by NYSCA this year will provide critical aid to bolster nonprofit arts and culture organizations and artists as they embark on a dynamic multi-year recovery process.

In June 2021, NYSCA rolled out a reimagined grantmaking process to increase access to state funds through expanded eligibility that embraced a vast range of artmaking in New York State, and led to a nearly 40 percent increase in applications for FY2022 to date. Following a streamlined application process, the agency will continue to support those severely impacted by the ongoing effects of COVID-19 through flexible funding accommodations.

“The arts have long been a critical sector in our economy, and as we continue to rebuild a stronger New York, it’s essential we do all we can help this industry thrive once again,” Hochul said. “These awardees represent the best of what New York’s vibrant communities have to offer and with this funding in hand, they will be able to not only continue their creative and inspiring work, but help spur revitalization in their own backyard as well.”

NYSCA’s Round Three grants include Support for Organizations, Support for Artists, Special Opportunities, and Recovery Grants. All four categories of funding provide organizations and artists with vital dollars to boost their recovery process in response to the devastating economic impact of the last year and a half. More than 60 percent of NYSCA’s FY2022 grantees have organizational budgets of $1 million or less.

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Saratoga Eagle Expands By Acquiring Distributorships In Oneonta And Elmira

Posted onJanuary 17, 2022
Jeff Vukelic is president of Saratoga Eagle Sales & Service.
©2022 Saratoga Photographer.com

By Susan Elise Campbell

Saratoga Eagle Sales & Service is in the process of acquiring two companies that will expand its reach distributing beer, wine, soft drinks and water to an additional eight counties upstate, according to president and chief operating officer Jeff Vukelic. 

With roots stretching back to Buffalo in 1928 with parent company Try-It Distributing, what started as a beverage bottling business by the late Stephen Vukelic is now a multi-generational family company. With the most recent acquisitions the company will hold exclusive distribution rights to such brands as Budweiser, Rolling Rock and Michelob in a total of 21 counties in upstate New York. 

According to Vukelic, the new acquisitions are Northern Eagle Beverages Inc. out of Oneonta and Seneca Beverage Corp. of Elmira, both Anheuser-Busch distributors. Both will operate under the Saratoga Eagle name.

Saratoga Eagle has been in a growth-through-acquisition model since 2004-2005. This is the time frame when Try-It expanded into the Saratoga and Glens Falls areas with a new distribution hub subsidiary out of Saratoga Springs and grandson Jeff Vukelic took on the role of COO.

“Typically we are purchasing the rights to distribute beverages in the territories of the companies we acquire,” said Vukelic. “Occasionally we acquire a brick and mortar facility, but it is more typical to lease the space where the trucks are loaded for delivery to customers.”

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Hoffman Car Wash Sells Its Jiffy Lube Stores, Will Continue To Expand Rest Of Operations

Posted onJanuary 17, 2022
The Hoffman chain of car washes has sold its Jiffy Lube stores to Premium Velocity Auto LLC based in Pennsylvania. Tom Hoffman plans more expansion of his car wash operation.

by Jill Nagy

Premium Velocity Auto LLC has purchased nine Jiffy Lube franchises that were part of the  the Hoffman Car Wash chain. The sale closed Dec. 15. 

This is the first venture into New York state for the purchaser, which operates 55 Jiffy Lube franchises in 10 other states.

The car wash chain decided to get out of the Jiffy Lube  business and concentrate on expanding the car wash side of thingss, according to owner Tom Hoffman Jr. His last new Jiffy Lube franchise opened in 2004. Meanwhile, other companies were aggressively expanding their Jiffy Lube portfolios.

Hoffman recently opened a 23rd car wash in Yorkville, a suburb of Utica. Plans for 2022 include outlets in Rome, Gloversville, Cohoes, and Queensbury. When Hoffman opens a new car wash in Oneonta, they will be joined by a Premium Velocity Jiffy Lube franchise.

The newly purchased Jiffy Lube franchises “fit our network,” said Don Hill, president of Premium Velocity. The new owner purchased all of the assets of the Hoffman Car Wash Jiffy Lube outlets and plans to continue operating all of them. Seven of the nine franchises are in buildings  owned by Hoffman. The new owners will lease the buildings from Hoffman. 

“So, we are now landlords,”  Hoffman said. 

All 145 employees will keep their jobs and benefits. 

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Wallie’s Of Greenwich Is Open For Business Again Following A Complete Restoration

Posted onJanuary 17, 2022
Wallie’s of Greenwich owner Ted Bearor said the restaurant and pub has gone through a complete restoration on both the interior and exterior of the building at 52-54 Main St.

By Jennifer Farnsworth

After decades of sitting vacant, Wallie’s of Greenwich is once again open for business.

Owner Ted Bearor said the restaurant and pub has gone through a complete restoration on both the interior and exterior of the building at 52-54 Main St., while still maintaining the charm for which it was once known.

Bearor said renovating and re-establishing the business was something he felt confident in taking on because of his industry related background. Taking his experience in the restaurant business, Bearor said, and opening up his own place with a silent partner, felt risky at times, but it was well worth the wait.

“I have been director of food and beverage at the Whiteface Lodge in Lake Placid as well as the director of operations at the Lodge at Six Flags.  Following my hotel work, my business partner and I have been involved in other area restaurants, notably the iconic George’s in Lake George from 2013 to 2020, and finally opening Wallie’s.  We have been challenged, along with many other businesses, during this time due to the pandemic, however we have been fortunate to have great staff and community support,” said Bearor.

First-floor renovations included taking out apartments to make room for what is now the pub area. He said during the demolition phase, the building was discovered to have had five to six additions over the past century or so. Other renovations included replacing the roof, kitchen, bathrooms, ventilation equipment, along with adding in a separate walk-in cooler that can hold up to 12 kegs

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