Schenectady EV charger startup surpasses $10M in revenue
“The two partners moved into about 700 square feet of space in the basement of the Daily Gazette building in Schenectady in 2018. The company was up to 15 people in 2020, and it’s since expanded to more than 43 people in a total of roughly 9,000 square feet in the building.”
Small Business Survivors: New York City’s Caron Proschan talks beginnings of Simply Gum and expanding during COVID
“Simply Gum aims to create simple, high-quality confections that customers will love. The gum uses chicle, a tree sap found in Central America, as the base, and incorporates natural flavors into the gum such as peppermint, ginger, cinnamon and maple. The gum also contains organic cane sugar instead of aspartame as well as essential oils for some of the flavors.”
French yogurt, dessert maker bringing 135 jobs to upstate New York
“The company plans to invest $25.8 million in the project, which is expected to start operations by November 2023. La Fermière will build its plant at the Genesee Valley Agri-Business Park, a 250-acre greenfield development that New York touts as the “Dairy Processing Hub of the Northeast.”
Menlo Micro raises $150 million for chip fab
“The venture capital was raised to pay for a new factory that Menlo Micro wants to build to make its cutting-edge electronic switches, which are used in everything from electric vehicles and smart home devices to 5G cellular networks and aviation.”
Mayor Adams Announces New York Embroidery Studio Creating 500 Jobs at Brooklyn Army Terminal
“This expansion will create more than 500 on-site jobs, yielding an estimated $73 million in economic output for New York City. The full-service design manufacturer will take over nearly 80,000 square feet to create a state-of-the-art facility, where they will manufacture personal protective equipment (PPE) for frontline health-care workers across the country.”