GlobalFoundries Acquires IBM Microchip Fabrication Business In $1.5 Billion Deal

November 5, 2014

IBM researcher Jerry Chow works on semiconductor materials at one of the plants acquired by GlobalFoundries in a move that strengthens the latter's presence in the Northeast
IBM and GlobalFoundries in late October announced an agreement under which GlobalFoundries plans to acquire IBM's global commercial semiconductor technology business, including intellectual property, technologists and technologies related to IBM Microelectronics, subject to completion of applicable regulatory reviews.

IBM is paying $1.5 billion to GlobalFoundries in order to get rid of its chip division.

GlobalFoundries will also become IBM's exclusive server processor semiconductor technology provider for 22 nanometer (nm), 14nm and 10nm semiconductors for the next 10 years, IBM officials said in a news release.
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Skidmore College Marks Completion Of Solar Array To Yield Cost-Effective Power

November 5, 2014

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These are some of the 6,950 ground-mounted solar panels on eight acres of land owned by Skidmore College that officials say will provide 12 percent of the school's energy needs
Washington Gas Energy Systems, Inc. and Skidmore College in October announced the completion of a solar project that will generate renewable energy at the school.

The held a ribbon cutting ceremony Oct. 7 to celebrate the completion of 2,085-kilowatt solar array.

At the ceremony, attended by U.S. Rep. Paul Tonko, state and local officials, members of the Skidmore College community, and representatives of NYSERDA and Washington Gas Energy Systems, Skidmore President Philip A. Glotzbach called the array "the next step forward in Skidmore's development of renewable energy initiatives."
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'Angels' Set To Honor Director Of CAPTAIN

November 5, 2014

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Sue Malinowski Catroppa will be honored at "An Evening For Children" fundraiser
The Chamber of Southern Saratoga and the Southern Saratoga Chamber Angels will hold their largest fundraising event for the year's holiday season, "An Evening for the Children," 5:30-8:30 p.m. on Thursday, Nov. 13, at the Mohawk River Country Club & Chateau in Rexford.

This year, it will be celebrated as the Chamber's 2nd Thursday evening mixer.

In addition, the Chamber Angels are honoring Sue Malinowski Catroppa, executive director, CAPTAIN Youth and Family Services, for her years of compassionate support of families and children in the Saratoga County community.
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Woman Turns Drawing, Doodling Hobby Into Product And Merchandising Brand

November 5, 2014

Samantha "Sam" McCullough owns and operates Stinky Dog boutique, 488 Broadway, where she sells a product line based on a character she created while living in Oregon

Broadway in Saratoga Springs became home to a new gift shop in October. Samantha "Sam" McCullough opened Stinky Dog boutique at 488 Broadway, a couple of doors down from City Hall.

Stinky offerings now include art, hats, greeting cards, jewelry, clothing and even Stinky soap and underwear. She said business thus far has been "amazing."

Stinky Dog is a one-woman operation, with support from McCullough's husband and sons. The products are fashioned according to the Stinky Dog theme that was developed in an odd fashion.
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Ballston Spa Delicatessen Owners Open Restaurant Featuring Local, Organic Foods

November 5, 2014

Chef Jeff Strom stands between the co-owners of the Next Door Kitchen & Bar in Ballston Spa, Chris Fignar, left, and Matt Hall. The duo also owns the Front Street Deli

A pair of delicatessen owners have opened a second business, this one a restaurant in Ballston Spa.

Matt Hall and Chris Fignar have owned Front Street Deli, 39 Front St., Ballston Spa, since 2005. Prior to that, both of them had worked in many dining establishments. When the restaurant two doors down from the deli recently became available, they seized on the opportunity to open the space as a dining establishment with a neighborhood feel.

The Next Door Kitchen & Bar, 51 Front St., opened in October. Chef Jeff Strom showcases locally and organically produced foods. Strom has over 15 years of cooking in restaurants in the Denver area.
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NYS Farmland Protection Program Will Impact Four Saratoga County Properties

November 5, 2014

New York state will supply $17.6 million to protect more than 6,400 acres of farmland, which will maintain the land's use for agricultural purposes and keep the land free from future development.

The funds, made available through the Farmland Protection Implementation Program, will help preserve 21 farms in 12 counties across the state, and bring the total acreage under the program to approximately 59,000 acres.

Included are four plots of land in three Saratoga County towns -- two in Clifton Park and one each in the towns of Stillwater and Ballston.
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Pilot Branding Program For NYS Spirits And Wines Includes Exit 9 Wines & Liquor

November 5, 2014

Taste NY promotional tags like these, identifying products as "Made in New York," were started in six liquor stores, including one in Halfmoon, and will roll out to others
Gov. Andrew M. Cuomo announced a Taste NY pilot marketing and branding program to maximize exposure for wines, spirits and ciders at liquor stores across the state.

Taste NY promotional materials identifying products as "Made in New York" are already on display in six liquor stores, and will soon be rolled out in dozens more across the state. One such location is Exit 9 Wine & Liquor Warehouse, 9 Halfmoon Crossing, Halfmoon.

"These new Taste NY displays will make it easier than ever for customers to spot some of the best wine, spirits and ciders in the world - all made right here in the Empire State," Cuomo said.
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Virgina-Based Atlantic Specialty Lines Opts To Open New Insurance Office In Saratoga

November 5, 2014

Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, professional, and personal lines coverages, opened its newest office located in Saratoga Springs.

The office will be led by Jim Woolford, a four-year veteran to the ASL underwriting team. As a producer at ASL, he has focused on property and casualty, commercial packages. Prior to joining ASL, he worked for a retail insurance agency in Richmond, Va., focusing on commercial lines placement.

"By combining a strong and stable base of premium with the opening of a physical location in Saratoga Springs, we will strengthen our already long-standing relationships with New York and surrounding agents," said Greg Provenzo, president of ASL Mid-Atlantic.
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Equitas Realty Celebrates Formal Launch As Independent Brokerage With Ribbon Cutting

November 5, 2014

Equitas Realty formally launched its new real estate brokerage at a ribbon-cutting event Oct. 9 at its offices, 38 High Rock Ave., Saratoga Springs.

Todd Shimkus, president of the Saratoga Chamber of Commerce, presided over the ceremony, with Janet Besheer, owner and broker; Justin White, managing director, and Equitas agents and staff.

Company officials said the launch represents its birth as an independent brokerage. Equitas Realty over the last five years was one of the leading brokerages in the greater Capital Region as a local branch of a national franchise.
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Gennaro's Pizza Parlor Is Scheduled For A December Opening In Fresh Market Plaza

November 5, 2014

Wayne Cherry, owner of Gennaro's Pizza Parlor, stands with his wife Kathy outside his new restaurant at 46 Marion Ave. in Saratoga Springs

"No frozen products; everything prepared in house," is the promise of Wayne Cherry, owner of Gennaro's Pizza Parlor at 46 Marion Ave. in Saratoga Springs. It will join other new businesses at the new Fresh Market Plaza.

Still under construction, "a little slower than I hoped for," the restaurant is scheduled for an early December opening," Cherry said.

The pizza oven is on the way and scheduled to arrive from Italy in November. He said it will be both gas- and wood-fueled, with a rotating back to keep the heat circulating. When it arrives, the oven will be set into a stone facade and be the first thing most patrons see as they enter Gennaro's.
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