Capital Region, Expansions and Contractions
Business Expansions
February 2011
| Company | County | # Jobs | Comments |
|---|---|---|---|
| DNS Electronics | Saratoga | 22 | DNS Electronics LLC, a semiconductor equipment supplier, will open an office in Malta, NY. The company, a GlobalFoundries supplier, will hire at least 22 workers to open the facility. Employment will grow as equipment is installed at the chip fab. |
| General Electric Co. | Schenectady | 350 | GE has begun recruiting workers for its $100 million battery plant in Schenectady. The company expects to have 50 new hires by June, 130 by the end of the year and 350 when the plant is fully staffed. |
| GlobalFoundries | Saratoga | 450 | GlobalFoundries, currently building a $4.6 billion chip fab in Malta (Saratoga County), announced that it will be adding a new 221,000-square-foot administration building next to the factory. Admin 2 will initially employ 450 workers, but it will have room for 1,500. |
| Group4 Labs Inc. | Albany | 10 | Group4 Labs Inc., based in California, will open a manufacturing facility at the UAlbany College of Nanoscale Science and Engineering. The semiconductor materials manufacturer will start with 10 employees, with as many as 50 workers by 2015. |
| Sematech | Albany | 125 | Sematech, a consortium of computer-chip makers and suppliers, completed its move from Texas to Albany in February. This doubled the local work force to 250 engineers and scientists. |
Business Expansions
September 2010 to January 2011
| Company | County | # Jobs | Comments |
|---|---|---|---|
| Hannaford | Columbia | 65 | Hannaford Supermarkets will build a new store in New Lebanon (Columbia County) and create 65 new jobs. |
| Kitware | Saratoga | 32 | Kitware, a computer software developer, is looking to hire 32 workers over the next 12 months to handle explosive demand for the company's product. |
| MAXIMUS Inc. | Albany | 300(Est.) | MAXIMUS Inc. will open a new call center in early 2011; to run an enrollment center for the State's health insurance programs for the poor and needy. The call center will employ up to 300 workers. |
Business Contractions
February 2011
| Company | County | # Jobs | Comments |
|---|---|---|---|
| C.R. Bard | Warren | 200 | C. R. Bard, a disposable medical catheter manufacturer in Warren County, is cutting 20 percent of its local workforce -- about 200 jobs. About 60 of these workers are temporary employees. The company is adjusting staffing levels to reflect sales activity. |
| Vicarious Visions | Albany | 50(Est.) | Vicarious Visions, a video game developer, let go an estimated 50 workers at its Menands site. The layoffs were due to the cancellation of the Guitar Hero video game series. |
Business Contractions
September 2010 to January 2011
| Company | County | # Jobs | Comments |
|---|---|---|---|
| Albany International | Albany | 10 | Albany International will relocate senior management to Rochester, New Hampshire. This will result in the loss of about 10 local jobs. Over 150 workers will remain at the Menands facility. |
| Colwell & Salmon | Warren | 65 | Colwell & Salmon, part of an India-based telecommunications company, suddenly closed its doors at two New York locations (Glens Falls and Albany) and eliminated 65 jobs. |
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