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Home  »  Business Briefs  »  Business Briefs: June 2016
Business Briefs

Business Briefs: June 2016

Posted onJune 8, 2016November 8, 2017

The Saratoga Builders Association Inc. announced the recipient of its 2016 Student Scholarship Award is Brian McKeighan of Gansevoort.

McKeighan is a senior at South Glens Falls High School and a member of the National Honors Society. He will be attending SUNY Delhi to study construction management this coming fall.

The Saratoga Builders Association makes this $1000 student scholarship award available annually to high school seniors who are planning to pursue a construction industry education.

* * *

The TCT Federal Credit Union announced the recipients of its 2016 academic scholarships.

Four $750 scholarships were awarded to Lillian Snyder (Cambridge High School), Sydney Potter (Shenendehowa High School), Lynn Edwards (Queensbury High School) and Mara Bureau (Queensbury High School).

Each year, TCT awards scholarships to graduating high school seniors who are TCT members, have displayed outstanding academic and extracurricular achievements and demonstrated an awareness of the “people helping people” credit union philosophy. Applicants are judged by representatives of the New York Credit Union Association located in Albany.

Students interested in applying should look for 2017 scholarship applications to become available this fall at any of the TCT Federal Credit Union’s four branch locations located in: Ballston Spa, Cambridge, Clifton Park and Queensbury. For more information, visit a TCT branch or www.tctfcu.org.

* * *

Members of Sackatoga Stable LLC presented in May a $7,500 donation to Old Friends at Cabin Creek, a Saratoga County thoroughbred retirement home located in Greenfield Center.

The donation stems from the group’s belief that a passion for horse racing should be accompanied by a promise make sure horses have a safe and dignified home where they can live a full life off the track.

Formed in 2006 by Knowlton and co-founder Ed Mitzen, Sackatoga Stable LLC was created for investors who wish to enter a horse racing partnership. The group is dedicated to providing investors with an enjoyable racing experience and the potential for achieving financial success through purchasing quality horses, with the added commitment to contributing to nonprofit organizations that benefit all aspects of the sport.

* * *

In conjunction with the town of Waterford’s Canal Fest, Peebles Island State Park will be celebrating the town’s bicentennial by offering a variety of activities and events on Saturday, May 14 from noon to 4 p.m.

At noon, there will be a guided historic hike around the island. A representative of the Department of Environmental Conservation will have an exhibition of lizards, tortoises, snakes, and alligators. Crafts will include tie-dying a T-shirt and building a birdhouse to bring home.

The Division for Historic Preservation will offer tours of ongoing preservation at Peebles Island at noon and 2 p.m. Historic Preservation staff will also be available to discuss how to receive homeowner and commercial tax credits for historic rehabilitation projects.

For more information and to register for events, call Renee Ludwiczak at 268-2188. In the event of inclement weather, check www.nysparks.com.

* * *

The Ballston Spa Farmers’ Market is open through Oct. 8, held twice a week: Thursdays 3 -6 p.m. and Saturdays 9 a.m. to noon. The market is located in Wiswall Park, at the corner of Front Street and Low Street in the Village of Ballston Spa.

In addition to bringing 100 percent locally grown produce into the village, the market has a selection of other agricultural products including hanging baskets, perennial flowers, herbs and other plants. Vendors with baked goods, artisan products and locally made beer, wine and spirits also participate.

From June 23 through Aug. 25, the Thursday markets are followed by the Concerts in the Park series from 6-8 p.m. The Saturday markets feature live music in the gazebo by local musicians. The farmers’ market has also partnered with several organizations to provide children’s activities on most Saturday mornings.

For more information, contact the Ballston Spa Business and Professional Association at 885-2772 or visit www.ballston.org.

* * *

Saratoga Courage Distillery in Saratoga County was recently awarded a silver medal for their Pick Six Vodka at the San Francisco World Spirits Competition.

Owner Holly Shishik said the competition is the nation’s largest and most influential competition of its kind. Out of this year’s record breaking 1,899 entries, Pick Six Vodka was awarded a silver medal, distinguishing it as a finely crafted spirit, well above average.

The judging panel was comprised of 39 industry experts, including noted spirits writer and author David Wondrich, writer and photographer Richard Carleton Hacker, master mixologist Dale DeGroff, and Tony Abou-Ganim, aka the Modern Mixologist, serving as director of judging for his seventh year.

* * *

GlobalFoundries announced the signing of a memorandum of understanding to drive its next phase of growth in China. Through a joint venture with the government of Chongqing, the company plans to expand its global manufacturing footprint by establishing a 300mm fab in China.

GlobalFoundries is also investing in expanding design support capabilities to better serve customers across the country, the company said.

The initial plan of the project includes upgrading an existing semiconductor fab to accommodate the manufacturing of 300mm wafers using GlobalFoundries’ production-proven technologies from its Singapore site. The proposed joint venture will provide immediate access to a state-of-the-art facility, accelerating time-to-market with production planned for 2017.

The company said it continues to strengthen its sales, support, and design services offerings in China. The company’s current presence is anchored by world-class design centers in Beijing and Shanghai, which have extensive expertise in custom designs supporting a robust ASIC platform, coupled with foundry design capabilities for a variety of technology nodes. These capabilities are complemented by key regional partners in its design and IP ecosystem.

Previous Article SPAC Nearing Its $5M Capital Campaign Goal; Board Tabs Bonacio, Higgins As New Members
Next Article Personnel Briefs: June 2016
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