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Manufacturing Round Up for the Week of 12/18/2015


Albany Outpaces New York Metros In Manufacturing Job Growth

“Demand for computer chips and medication has fueled more manufacturing job growth in the Albany, New York, region over the last year than any other metropolitan area in the state. Hiring at the GlobalFoundries computer chip plant in Malta and the Regeneron Pharmaceutical drug development site in East Greenbush helped the Albany region gain 600 manufacturing jobs since November 2014.”

Read more here.

SolarCity Stock Jumps As Tax Credit Extension Receives Federal Backing

“Lawmakers have come to terms on a federal tax credit and funding package and one of the beneficiaries figures to be SolarCity Corp., which will be operating a new manufacturing plant in South Buffalo. The package was deemed as a “major victory” by Rep. Brian Higgins, D-Buffalo, who pushed for an extension on the solar Investment Tax Credit, or ITC.”
Read more here.

Crowdfunding, Microfinance Lender Launches In New York

“Last week, Kiva NYC, a local version of Kiva Zip’s community-lending platform that has partnered with New York institutions and donors, officially opened to business owners in the region after a four-year pilot in New York and 11 other cities. Now entrepreneurs have the singular opportunity to raise up to $10,000 interest-free.”
Read more here.

City Announces Big Plans For Port Of Rochester, Seeks Vendors

“The city is looking to boost the Port of Rochester, with an announcement Wednesday both seeking vendors and announcing more than $2 million to dredge the harbor in the next year.”
Read more here.

PVA Donates Robots To Increase Talent Pipeline At Albany Area Schools

“Shaker High School and Union College are among 13 Albany, New York area schools that will receive robotic equipment that Precision Valve & Automation is donating to create a bigger pipeline of skilled technical workers.”
Read more here.

What’s Driving Growth Of Automated Material Handling?

“In recent years, the demand for industrial robots has accelerated considerably due to a variety of factors, including the ongoing trend toward automation and the continued innovative technical improvements of industrial robots.”
Read more here.


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