CEG AR.qxd - Center for Economic Growth

2008 ANNUAL REPORT
see VI•TAL
1.
2.
3.
VITAL
a: Existing as a manifestation of life.
b. Concerned with or necessary to the maintenance of life
Full of life and vigor
Center for Economic Growth (CEG)
The Center for Economic Growth, celebrating its 21st year in 2008, is vital to Tech Valley. A vigorous, visionary economic development partnership spanning an 11-county
region, CEG is a private, not-for-profit, membership-based business development organization. It focuses the energies, resources and hopes of its members and businesses
as well as the municipalities and organizations that support them.
PRESIDENT’S LETTER
Over the past
year, the Center
F. Michael Tucker
for Economic
President, CEO
Growth (CEG)
has advanced and implemented
many exciting initiatives in furtherance of our Grow, Attract, Prepare
agenda.
AMD’s commitment to build a
chipfab plant on the Luther Technology Campus in Saratoga County is
an excellent illustration of the power
of regional cooperation and CEG’s
commitment to partnering with the
business, government, and education
sectors to benefit the entire region.
The commitments by General
Electric, IBM, Momentive, and so
many other exciting announcements
during the past year clearly demonstrate that success creates
momentum, and each new project
or incremental expansion accelerates
the Capital Region’s and Tech Valley’s
identity as a global technology
powerhouse.
Our dedicated and active Board of
Directors, staff, and members, along
with our many partners, contribute
to energizing the region. As broad
economic indicators falter, our mission to grow regional companies,
attract outside investment, and
prepare communities for sustainable
growth is more relevant than ever.
CEG has proven vital in stimulating growth and in ensuring that the
region’s economic vitality and
quality of life are enhanced. As CEG
celebrates its success, we renew our
commitment to work together to
further advance transformational
growth.
CHAIRMAN’S LETTER
As president
of The College
R. Mark Sullivan, Ed.D.
of St. Rose, the
President,
collaborative
The College of St. Rose
and synergistic
work of the Center for Economic
Growth makes eminent sense to me.
Like any learning community,
CEG is a mechanism for the sharing –
of energies, leadership and resources.
It is a model for engaging fully the
businesses, agencies and institutions
that comprise, direct and empower it.
From the first, CEG has recognized
the importance of higher education
throughout Tech Valley. Our many
excellent colleges and universities
focus and develop the brainpower
that enables entrepreneurs to turn
their ideas into businesses and other
graduates to grow into leadership
positions in established companies.
Clearly, they serve as vital
economic engines in their own right.
This important role is partly traditional and partly innovative. It is
traditional in providing employment
to faculty and staff and interacting as
customers with the businesses that
surround our campuses. And it is
innovative – within the collaborative
CEG model – in partnering with
businesses, cultural, civic and professional organizations in ways that our
founders never dreamed would be
happening today on our campuses.
Consider our own Massry Center,
EMPAC at Rensselaer Polytechnic
Institute and the College of Nanoscale
Science and Engineering of the
University at Albany. And look to the
future, where new ideas developed on
campus will continue to leap off
campus into new and exciting
synergies to come – and support the
economic development of the region.
1.
2.
3.
GROW
To increase in size by a natural process.
a. To expand, gain
b. To increase in amount or degree, intensify.
CEG’s work to increase the vitality of Tech Valley by expanding
regional business growth through its Technical Services
Group, Watervliet Innovation Center, Venture Programs, CEN,
Tech Connex, Bioconnex and other initiatives.
Technical Services Group continued to help regional technology and manufacturing companies during 2008 to
create and retain jobs, increase sales and expand capital investment. Eureka!, Sandler, Lean, ISO, and Training
Within Industry (TWI) are among the offerings available to companies in the region.
Sponsored Eureka! Winning Ways
Beginning in October 2007 CEG brought this pioneering leadership development program – once offered only to such giants as Nike, American Express, Schlumberger, Procter & Gamble and Ford – to small
manufacturers in the region. Its impact has been staggering: Since January 2008, CEG has delivered Eureka! Winning Ways growth services to
10 Capital Region manufacturers and is a leading MEP Center among
its peers nationwide in adopting and ramping up this program.
Watervliet Innovation Center
fostered regional vitality. CEG
matched the resources of regional
companies with national security
needs, creating synergies with national academic, industry and
government stakeholders.
• Provided vital market visibility
and integration. CEG submitted a significant proposal to the New
York State Energy Research and Development Authority (NYSERDA)
to support early-stage renewable and clean energy technology ventures budgeting $1.5 million over four years. CEG continued to
monitor federal and state
opportunities for technology
business support services.
• Enabled shared knowledge
and resources by presenting
leading experts during 2008,
including:
The programs of this group generated
significant positive results. During the year
ending June 30, 2008, CEG ranked #4 in
New York State in the impacts of its
programs and #7 in the state for funding.
Total sales increased & retained $99 million
Total cost savings
$4.4 million
Total client capital investments $7.5 million
Total jobs created & retained
742 FTE
Total economic impact
$35.9 million
Total quantified impact
$146.7 million
Nick Viggiani, Innovation Center Director of Strategic Partnerships:
on the Federal Agency Landscape and Funding Calendar, helping
TRL1-8 companies understand the annual timeline for requirements
definition and R&D funding opportunities.
Glenn Welsh, Director of Contracts for Assured Information Security:
on government contracting from an insider’s perspective.
U.S. Rep. Kirsten Gillibrand: on support resources for business at
CEG’s Government Procurement Conference, as part of panel.
Frank Tabert, Deputy Director of the New York State Office of Homeland Security: on matching the capabilities of technology companies
to industry needs.
Bill Sumner
CEO
Arcadia Manufacturing Group, Inc.
Ian Phillips, Team Leader, NYS Airgas Emergency Response
Organization (AERO): on safe handling of compressed gases.
Members of the FBI InfraGard working group: on infrastructure
protection for technology companies.
“Over the past two years Arcadia has engaged CEG for
assistance in both growth services and process improvement services including: training in optimizing the
impact of trade shows, safety training, Visual Lean
training, supervisory training, OSHA safety training, Lean
Kaizen training, Eureka Winning Ways growth services
training, and assistance in development of defense
industry business. Thanks to this training Arcadia has
seen increased sales of $14.46 million and retained
sales of $19.63 million; in addition, Arcadia leveraged
CEG’s Lean expertise in the plant floor layout of its new
facility, among other things.”
NYS Assemblyman Bob Riley: on state government operations and
budget processes. Key state and federal support agencies on selling
to government with step-by-step Instructions to get started.
(Sponsored and hosted by Citizens Bank)
New York State Senator Vincent Leibell: on the homeland security
marketplace.
Empire State Development Corporation Match Maker event:
provided opportunities to meet with government customers, prime
integrators and small business support entities for business
acceleration.
Venture Programs continued to provide capital to regional technology companies during 2008, connecting
them to potential investors, reviewing business plans and expanding venture funding opportunities.
SmartStart Venture Forum
Impacts of first eight annual forums since 2001:
SmartStart Venture Program
• In eight years of vital activity, SmartStart UNYTECH has presented
140 high-quality companies from throughout the state and beyond
to the venture capital community. Of these, 52 (37%) have raised
more than $330 million in equity financing, $58 million directly
attributable to the forum.
Pre-Seed Workshop
• Brought “idea teams” from Rensselaer Polytechnic Institute, Union
College and the SUNY/Purchase, including 46 total participants, to
work on initial-stage business planning for technology-based firms
with guidance from Rennselaer, Union, UAlbany, and Albany Law
School business faculty, NYSERDA and other mentors.
VentureBplan Series
• Held monthly forums for start-up companies and hosted 11 French
companies involved in the Montpellier Agglomeration’s Business
Innovation Centre collaboration with the Rensselaer Polytechnic
Institute Incubator Program, fostering collaborations with their U.S.
counterparts, including Arclay Natural Technologies, iReminder VR
Surgeon, Audio Evolution Diagnostics and Acacian Emergency
Solutions.
160 companies have presented representTech Valley Angels Network (TVAN)
ing a total of $345MM of equity invest• Held monthly forums to present
ment (excluding grants & loans)
local companies to area angel
Includung $59MM of that $345MM investinvestors. Several have generated
ment was attributable to and resulted from
interest among these potential
their participation in the forum
investors, including SOMS TechSmartStart has grown from an Albany-cennologies, Flat World Knowledge,
tric event to a statewide forum showcasing
Chequed.com, Inc. Advanced
all research universities and all metro
areas of New York State.
Energy Conversion, inroad, Intellidemia, Travel Info, Bravo
Communications, and FountIt .
In addition to capital, these investors also provided industry expertise.
CEG Business Accelerator provided targeted services to promising,
growth-oriented companies to spur business growth.
CEG’s nine-month CEOconnex program linked technology leaders
with the region’s most successful corporate executives through the
Executive Roundtable CEO peer advisory group. Partners included
Lorraine Ferguson, President of Direct Impact Associates; Michael
Hickey, President of Pitney Bowes MapInfo; David Schultz, Founder
and President of Media Logic; Angelo Mazzone, President and CEO of
CEG, through Bioconnex, organized a meeting between a major pharmaceutical
company and 35 academic researchers from Albany Medical College, University at
Albany, Albany College of Pharmacy and Health Services and Wadsworth Laboratories.
Mazzone Management Group: and Philip Morris, CEO of Proctors
Theatre, all talking about leadership; and Walter Borisenok, President
of Fortitech, Inc.; Craig Skevington Flow Technologies; and Paul Burton, DynaBil.
Industry-focused Networks and Events fostered information and
resource sharing during 2008 for information technology,
biotechnology and manufacturing companies.
Chief Executives Network (CEN) provided a high-quality forum for
local manufacturing leaders on critical business issues.
Institute for Excellence in Manufacturing The Institute supports
training for manufacturing employees in skills critical to global
competitiveness. The Institute works; Arcadia Supply Inc., a precision
waterjet/laser cutting and contract manufacturing company, received
Lean Enterprise Initiative and Sandler Sales Training, growing from 18
employees in 2002 to more than 70 in 2008, increasing sales from $7
million in 2004 to more than $21 million in 2007, and planning a plant
expansion to add 15 or more jobs.
Bioconnex continued its vital activities in establishing Tech Valley as a
premier global focus for biotechnology research, education and industry.
• Held successful scientific and business events including: “Biotech
Leaders in Tech Valley” – with
CEOs from Angiodynamics, AMRI,
Regeneron and Taconic; and the
Cancer Genomics One-Day
Conference.
• Participated in the New York
Biotech Association panel on Economic Development.
• Represented the biotech community at the NY Bio pavilion at the
2008 BIO International show in San Diego
• Organized a meeting between a major pharmaceutical company and
35 academic researchers from Albany Medical College, University at
Albany, Albany College of Pharmacy and Health Services and
Wadsworth Laboratories.
• Communicated via a monthly e-newsletter and a web site news and
events of interest to the biotech.
The Technology Awards Luncheon honored the most innovative and growth-oriented companies and individuals in
Tech Valley in such vital technology industries as advanced materials, alternative energy, biotechnology,
information technology and nanotechnology.
TechConnex continued to build and support the technology community during 2008
through information and professional resource sharing.
• Held five successful events, including Secrets of the Serial Entrepreneur and
Opportunities in the Global Market Place.
• Partnered with UAlbany’s College of Computing and Information in the first
Innovation Forum: New Media and Politics.
• Partnered with D&D Consulting to hold ITrx for IT professionals and two CEO
summits.
The Technology Awards Luncheon honored the most innovative and growth-oriented
companies and individuals in Tech Valley in such vital technology industries as
advanced materials, alternative energy, biotechnology, information technology and
nanotechnology.
CEG presented keynote speaker Dr. John E. Kelly, IBM Senior Vice President and Director of IBM Research, which drew more than 460 business professionals, the highest
attendance since 2004, and honored distinguished winners: Rising Star - Agora Games;
Economic Winner - InfoEd International; Technology Entrepreneur - John Schneiter;
Technology Mentor - John Cavalier, Intern - John Hodges; Leaders of Tomorrow GenNEXT Council.
1.
2.
3.
ATTRACT
To cause to draw near or adhere by physical force.
To arouse or compel the interest, admiration or attention of.
CEG’s vital work to create opportunities for technology
investment and expansion in Tech Valley.
CEG’s sales calls, tradeshows and cultivation of business contacts continued a multi-year, cross-industry, strategic
global marketing program to increase the economic self-sufficiency and attractions of Tech Valley as a global
technology powerhouse.
New York Technology
• Collaborated with industry, government and academia in the NY Technology marketing and attraction initiative, supported since its inception by National Grid. It created an environment attractive to investment
by targeted industry sectors: Advanced Materials; Biotechnology/Life Sciences; Clean Tech/Renewable; Homeland Security/Defense; Information
Technology; Nanotechnology.
New York Nanotech
• Leveraged the successful NY Nanotech marketing initiative to develop
similar marketing programs for the other key industry sectors. Trade
shows/conferences, one-on-one targeted sales calls, extensive marketing
collateral and materials, prospect
generation and
management,
special events
drew many keydecision makers
to the region.
CEG Funding Partners
Susan Crossett
Vice President
Energy Solutions Services
National Grid
CEG would like to recognize Senator Joseph Bruno and Congressman Michael McNulty
for their unfaltering support of economic development in our region and wish them the
best in their future endeavors. We have benefited greatly from their visionary leadership,
dedication and commitment.
In addition to those specifically mentioned throughout this report, the
following individuals and agencies assisted CEG in securing projectspecific funding:
“Attracting new business and new jobs in a
globally competitive marketplace requires
the skills of a very creative economic
development team as well as an extremely
organized and steadfast effort. We have seen
significant accomplishments in Tech Valley
under the marketing leadership of CEG.
National Grid is both pleased and proud to
be major sponsor and strategic partner in
CEG’s industry attraction efforts.”
New York State Governor David A. Paterson
New York State Senate Majority Leader Joseph L. Bruno
New York State Assembly Majority Leader Ron Canestrari
U.S. Senator Hillary Rodham Clinton
U.S. Senator Charles E. Schumer
U.S. Congresswoman Kirsten Gillibrand
U.S. Congressman Michael R. McNulty
Bioconnex
Chief Executives Network for Manufacturing (CEN)
Empire State Development Corporation (ESDC)
New York State Energy Research and Development Authority (NYSERDA)
Workforce Investment Boards
CEG generated more than 20 high-potential “clean tech” projects through
two strategic 2008 “clean tech/renewable” events with NYSERDA, ESDC
and NYSTAR.
Events and Outreach built vital, coordinated marketing initiatives during 2008.
• Partnered with the ESDC to host business experts from China, Japan, Europe,
Canada, Israel, South America, Mexico and South Africa in meetings and a networking dinner with key regional stakeholders interested in exploring or enhancing
international opportunities.
The joint year-long NY Loves Nanotech/Semico study
of chip fab impacts in Upstate New York provided
stakeholders, including state officials, press and the
business community, a powerful projection of growth
through attraction, based on clear, practical assumptions. Vital findings included:
Anticipated direct & indirect jobs
(Direct & indirect jobs include fab
employment, support services and
additional jobs in the community)
5,514
New York State investment
$650 Million
Invested in years 1, 2, 3
$500 Million
Invested in years 4, 5, 6
$150 Million R&D
• Regularly coordinated with American Micro Devices (AMD) to advance development of the Luther Forest Technology Campus through joint communications.
Investment cost per job created
• Collaborated with Mohawk Valley EDGE, National Grid and NY Nanotech to present
the first ever “Excelsior Award” to Rick Hill, Chairman and CEO of Novellus, honoring
an industry leader who graduated from a New York State college or university.
Return on Investment (ROI)
- 5 years
- 10 years
- Breakeven
• Generated more than 20 high-potential “clean tech” projects through two strategic
2008 “clean tech/renewable” events with NYSERDA, ESDC and NYSTAR.
10-year state direct tax
revenue increase
$711,774,111
10-year county direct tax
revenue increase
$414,028,53
10-year additional GDP
from multiplier effect
$78,840,086
• Added more than 1,000 contacts/prospects to its nanotech and clean-tech marketing
databases and identified another 2,000 clean-tech industry contacts from the
American Council on Renewable Energy (ACORE) for prospecting and outreach.
$117,884
466%
609%
Within year #1
Study sponsors: National Grid and Mohawk Valley EDGE
AMD/The Foundry Company move forward with Luther Forest project and committed to building a $4.6 Billion leading-edge manufacturing facility in the Capital Region employing over 1,400 and creating over
5,000 indirect jobs. CEG hosted a welcome breakfast for Doug Grose, CEO of The Foundry Company in October.
CEG’s Attract Program
• Delivered the Tech Valley marketing message to more than 200 high-potential global prospects
via one-on-one contacts, targeting nanotechnology, clean-tech and bio companies.
• Responded to more than 30 high-potential Request for Information (RFIs) projects for Tech
Valley, encouraged consideration of sites to prospects and worked with communities on site
preparation, pre-permitting and development of localized community education programs.
• Attended five strategic tradeshows across the bio, nanoelectronics and clean-tech industries.
Through its NY Nanotech, NY Clean Tech and Bioconnex marketing brands, CEG supported more than 70 New York State industry, government and academic organizations in
more than 1,000 direct interactions with key site-location decision makers, expediting more
than 100 qualified leads to partner companies and reaping significant revenue increases.
Shows included SEMICON Europa and West, Bio International, POWER-GEN Renewable
Energy & Fuels and The Washington International Renewable Energy Conference (WIREC).
• Attracted more than 150 attendees to two panel discussions promoting clean-tech and
nanotechnology assets across the state; the panels were ; “New York: Accelerating the Nanoelectronics Industry” and “Creating an Enabled New York to Support Clean Tech Innovation.”
Negotiated a Memorandum of Understanding with the AEPI - Grenoble-Isere, France Economic Development Agency
to facilitate strategic initiatives between regions and organizations with similar objectives and cluster development
activity. Gave presentation on opportunities in upstate New York’s innovation economy to over 150 researchers and
companies at the Minatec/LETI facility in Grenoble, France (Europe’s #1 campus for Micro and Nanotechnologies).
• Attended or sponsored more than 20 global strategic industry events
with key decision-makers, advancing the Tech Valley message and
gaining strategic industry insights. For the seventh consecutive year
CEG’s NY Nanotech and National Grid sponsored the Semiconductor Industry Association (SIA) Dinner where 10 representatives
from New York State met with hundreds of industry CEOs. CEG also
participated in the ISS, Clean Tech Investing Forum, Nanotech Investing Forum, SEMI New England Breakfast Forums, SEMI President’s reception at SEMICON West, Fab Owners Association (FOA),
CIRCA 2008 and others.
• Collaborated with the Albany-Colonie Regional Chamber of
Commerce, Albany Convention and Visitors Bureau and Workforce
Consortium for Emerging Technologies (WCET) on a Tech Valley,
NY exhibit at the 2008 Semiconductors, Automated Manufacturing,
Electronics Training and Education Conference (SAME-TEC) in
Austin, Texas, as preparation to bring this event to Tech Valley. More
than 25 representatives of New York-based organizations were
among the 300 attending.
• Received 2008 American Marketing Association Award for the
global marketing initiative campaign, along with partners.
1.
2.
3.
PREPARE
To make ready beforehand for a specific purpose, as for an
event or occasion.
To put together or to make by combining various elements
or ingredients.
CEG’s vital work to preserve and promote Tech Valley’s
outstanding quality of life while helping each
community achieve desired economic growth.
Expanded outreach efforts at the local, county and state levels
to expand service sharing among municipalities by identifying
ways to eliminate duplication and streamline services.
Local Government Council co-chaired by Albany Mayor Gerald Jennings and
Renssalaer County Executive Kathleen Jimino, provided unparalleled networking
and organizational vitality during 2008, expanding activities and impacts.
Kathy Jimino
Rensselaer County
Executive
• Increased participation by inviting more than 125 elected officials
from the region.
• Outreach efforts at the local, county and state levels to expand service
sharing among municipalities by identifying ways to eliminate duplication and
streamline services at all levels of government.
• Continue to facilitate discussions on the advantages of shared services
• Used Fiscal Impact and Benchmarking studies to educate and prepare
communities for growth.
• Encouraged local community participation in the Governor’s Commission on
Local Government Efficiency and Competitiveness.
• Presented to municipalities facing common challenges, bringing in experts
from the New York State Governor’s office, the New York State Office of
Small Cities, the Rockefeller Center for Government, the New York State
Department of State Division of Local Government, New York State
Department of Transportation, New York State Department of
Environmental Conservation and National Grid.
“The Local Government Council gives
elected officials the forum to field ideas
about programs to benefit the region as a
whole, by working to bring services,
businesses and jobs to our area.”
Member strategy increased the vitality of CEG by incorporating the ideas
and energies of regional leaders in business, government and academia.
Membership Goals
$1,000,000
$800,000
Regional Development Strategy facilitates
growth through intergovernmental cooperation,
public/private partnerships, technical assistance
and support for significant regional projects.
Using industry-specific economic models and
planning tools, each community can plan for its
best future and see how their choices fit into a
broad regional vision.
• Provided industry-specific economic models and planning tools to support communities in
planning their fit within the Tech Valley regional vision.
$600,000
$400,000
$200,000
$0
2008
2009
2010
Membership Represents 17% of CEG
funding in 2008, 21% in 2009 and
25% in 2010.
• Fostered the Regional Development Compact (RDC) to ensure that communities meet
“business-ready” economic development criteria to market themselves effectively.
• Used Fiscal Impact and Benchmarking studies to prepare communities for growth.
• Continued its vital role of coordinating with key economic development executives in Albany, Saratoga, Schenectady
and Rensselaer counties.
Membership Matters
Focused member strategy increased the vitality of CEG by incorporating the ideas and energies of regional leaders in
business, government and academia. Dollars raised support regional economic development and visionary projects.
Networking, visibility and market intelligence are key member benefits.
CEG Membership*
1st Playable
6N Systems
74 State Street
Absolute Promotions
Accent Commercial Furniture
ADAK Systems
Adirondack Community College
Adirondack Trust
Advantage Capital Partners
Affinity Group, The
Agora Studios
Airgas East
Albany College of Pharmacy and Health Sciences
Albany County
Albany County Convention & Visitors Bureau
Albany Information Technology Group
Albany International Airport
Albany International Corp.
Albany Law School
Albany Medical Center
Albany Realty Group
Albany Valve & Fitting Company
Albany-Colonie Regional Chamber of Commerce
Albany Port Commission
Alchar Printing Group
AMRI
Amsterdam-Florida-Glen Economic Development Zone
Amsterdam Industrial Development Agency
Anchor Agency
Anderson Group, The
Arcadia Manufacturing Group, Inc.
Arsenal Business & Technology Partnership
Austin & Company
Bank of America
Beacon Institute for Rivers and Estuaries
BBL Construction Service
Berkshire Bank
Bethlehem Chamber of Commerce
Bishop House Consulting
Blasch Precision Ceramics
Blass Communications
Bollam Sheedy Torani & Company
Bolton-St.Johns
Bonacio Construction
Bonadio Group
Bond Schoeneck & King
Boston Scientific Corporation
British American Development Corporation
Business Review, The
C.T. Male Associates
Cambridge Valley Machining
Capital Bank & Trust
Capital District Physicians’ Health Plan
Capital District Transportation Authority
Capital District YMCA
Capital Repertory Theatre
Capovani Brothers
Capstone
CB Richard Ellis
CBS6 – TV
Chamber of Schenectady County, The
Chamber of Southern Saratoga County, The
Chief Executives Network for Manufacturing
Citizens Bank
City of Albany
City of Amsterdam
City of Cohoes
City of Glens Falls
City of Saratoga
City of Schenectady
City of Troy
City of Watervliet
Clough Harbor & Associates
CMI Communications
College of Saint Rose, The
Comfortex Window Fashions
CommSoft
CSArch
DEPFA First Albany Securities
Deloitte & Touche
Design & Disaster Consulting
Desmond Hotel & Conference Center
DeVito Enterprises/Hudson Valley Corporate
Digital Imaging Technologies
Documentation Strategies
DynaBil Industries
Dynamic Systems
Economic Development Corporation, Warren County
Empire State Development Corporation
Eric Mower and Associates
Evident Technologies
Einhorn Yaffee Prescott Architecture and Engineering PC
FALA Technologies
Fenimore Asset Management & FAM Funds
First Columbia
First Niagara Bank
First Nano, Div CVD Equipment Corporation
Fortitech, Inc.
Foundation for Healthy Living
Frank Murken Products
Fulton-Montgomery Community College
Fusco Personnel
Galesi Group
Garnet River
GE Energy
GE Global Research Center
Gilbane Building Company
GlobalSpec
Gracey Communications Group
Greater Capital Regional Association of Realtors
Green & Seifter
Greene County IDA
Greene County Planning & Economic Development
Greno Industries, Inc.
GTM Payroll Services
Guilderland Chamber of Commerce
H & V Collision Center
Hampton Inn & Suites Albany Downtown
Hannay Reels
Harriman Research & Technology Development Corp.
Harris Beach
Heslin Rothenberg Farley & Mesiti
High Peaks Venture Partners
Hinman Straub
Hiscock & Barclay
Hoffman Warnick
Howard Group, The
HP Critical Facilities Services
HSBC Bank USA
Hudson Valley Community College
IBM Corporation
Industries for Amsterdam
Informz
ITT Technical Institute
Janitronics
JP Morgan Chase Bank
Karp, Ackerman, Skabowski & Hogan
Keeler Automotive
KeyBank
KPMG
Legacy Banks
Lingualinx Language Solutions
Logical NET Corporation
LogosPrint.com
M & T Bank
Macaran Printed Products
Mainfreight International
Manpower Professional
Marshall & Sterling Upstate
Mazzone Management Group
Media Logic
MetLife Insurance Company
Michaels Group, The
MicroKnowledge
Midhudsonmedia
MLB Construction Services
M.M. Hayes Company
Modern Press
Mohawk Valley EDGE
Montgomery County
Montgomery County Chamber of Commerce
Montgomery County Industrial Development Agency
Morgan Stanley
Morgan State House
MVP Health Care
National Grid
NBT Bank
New York Business Development Corporation
New York State Assembly
New York State Museum Institute
New York State Senate
NextRidge
nfrastructure Technologies
Nielsen Direct
Nigro Companies
Nixon Peabody
Nolan & Heller
Northeast Parent & Child Society
NYSERDA
Omni Development Company
Palace Theatre
Pallets, Inc.
Phillips Lytle
Picotte Companies
Pioneer Savings Bank
Pitney Bowes Mapinfo Services
Plattsburgh North Country Chamber of Commerce
Plug Power
Post Star, The
Preferred Group, The
Premiere Transportation Group
PricewaterhouseCoopers
Proctors Theatre
Proliant Consulting Group
Prudential Blake - Atlantic, Commercial Services
R.F. Peck Company
Racemark International
Realty USA
Renaissance Corporation of Albany
Rensselaer County
Rensselaer County Economic Development & Planning
Rensselaer County Regional Chamber of Commerce
Rensselaer Polytechnic Institute
Roland Schmitt Consulting
Rotterdam IDA
SABIC Innovative Plastics
Sage Colleges, The
Sage Computer Associates
Sam Goldstein Productions
Sandler Training
Saratoga County Chamber of Commerce
Saratoga Economic Development Corporation
Saratoga Hilton, The
Saturn Industries
Schenectady County Legislature
Schenectady Metroplex Development Authority
Schenectady Museum, The
Schmeiser, Olsen & Watts
SEFCU
SEKO Worldwide
Shorey Public Relations
Siemens Power Transmission & Distribution, Inc.
Siena College
Signature Stones
Smith & Jones
Smith Barney
Specialty Silicone Products
Spiral Design Studio
Springwood Group, The
Stone Management
Summer Street Capital Partners
SUNY Cobleskill
Superpower
Sweerts & Vaas
Swyer Companies
Taconic, Ltd.
Tech Valley Communications
Temper Companies
Ten Eyck Group
Time Warner Cable
Times Union
TL Metzger & Associates
Town of Bethlehem
Town of Clifton Park
Town of Colonie
Town of East Greenbush
Town of Rotterdam
Town of Stillwater
Trans World Entertainment Corporation
Turner Construction
UHY Advisors
Union College
Union Graduate College
United Group of Companies, The
United States Congress
United States Senate
United Way of Greater Capital Region
University at Albany
Valogix
Vandervort Group, The
Verizon
VersaTrans Solutions, Division of Tyler Technologies
Vicarious Visions
Village of Green Island
Village of Menands
Wadsworth Center/HRI
WB Mason
Whiteman, Osterman & Hanna
Whitney Young Jr., Health Services
WMHT - TV
WNYT News Channel 13
X-Ray Optical Systems
Your Logo Here
Zone 5
*at time of printing
CEG Board of Directors
Chair of the Board
R. Mark Sullivan, Ed.D.
The College of Saint Rose
Kenneth B. Colloton
RBS Citizens Bank, N.A.
Shaun P. Mahoney
NextRidge, Inc.
Susan M. Crossett
National Grid
Andrew J. Matonak, Ed.D.
Hudson Valley Community College
Robert M. Curley
RBS Citizens Bank, N.A.
Angelo M. Mazzone
Mazzone Management Group
Kenneth F. Deon, CPA
KPMG, LLP
Bela L. Musits
High Peaks Venture Partners
Hon. John C. Egan
NYS Office of General Services
John J. Nigro
Nigro Companies
Steven L. Einhorn
EYP Mission Critical Facilities, Inc.
George M. Philip, Esq.
University at Albany
Frank S. Falatyn
FALA Technologies, Inc.
Jeffrey Rothenberg, Esq.
Heslin Rothenberg Farley & Mesiti PC
William M. Flynn, Esq.
Harris Beach, PLLC
Pamela Sawchuk Brown
Eric Mower & Associates
Mark T. Frost
Albany Molecular Research, Inc.
John M. Scarchilli
Pioneer Bank
Alan P. Goldberg
DEPFA First Albany Securities
David M. Schultz
Media Logic
Maureen O. Helmer, Esq.
Green & Seifter Attorneys, PLLC
Hon. Charles E. Schumer
United States Senate
Hon. Gerald D. Jennings
City of Albany
Charles P. Steiner
The Chamber of Schenectady County
James F. Johans, Ph.D.
Northeast Parent & Child Society
Jeffrey D. Stone
KeyBank, N.A.
Amy M. Johnson
Capstone, Inc.
I. David Swawite
Omni Development Company, Inc.
Kenneth L. Blass
Blass Communications
Alain E. Kaloyeros, Ph.D.
College of Nanoscale Science &
Engineering, University at Albany
Michael J. Uccellini
United Group of Companies
Hon. Joseph L. Bruno
NY State Senate
Stephen P. LaFleche
IBM Corporation
Robert G. Callendar
NYSERDA
Richard E. Leckerling, Esq.
Whiteman Osterman & Hanna, LLP
Hon. Ronald Canestrari
NY State Assembly
William P. Leitch, III
The Beacon Institute for Rivers and Estuaries
Upper Hudson Research Center at Troy
Executive Vice Chair
David M. Buicko
The Galesi Group
63 State Street
Albany, NY 12207
www.ceg.org
518.465.8975
Secretary
Robert E. Blackman
Realty USA
Treasurer
Mark E. Aldam
Times Union
Past Chair
Thomas J. Marusak
Comfortex Corporation
General Counsel
Richard E. Honen, Esq.
Phillips Lytle, LLP
President & CEO
F. Michael Tucker, Esq.
Center for Economic Growth
Executive Vice President
Jeffrey A. Lawrence
Center for Economic Growth
Thomas L. Amell
First Niagara Bank
Gary Balfour
Solid Sealing Technology, Inc.
James J. Barba
Albany Medical Center
Charles F. Carletta, J.D.
Rensselaer Polytechnic Institute
Design by Zone 5
Printing by Alchar Printing
John C. Cavalier
Retired
Jennifer L. MacPhee
Bank of America
Thomas J. Valentine
Mainfreight International
John W. Vandervort
The Vandervort Group, LLC
Peter Wohl
Empire State Development Corporation