Saratoga.com logo
Saratoga.com logo
  • Places to Stay
  • Things To Do
  • Food & Drink
  • Events
  • Businesses
  • Travel Guides
Saratoga Business Journal
  • Home
  • New Businesses
  • Business News
  • Business Reports
  • Business Briefs
  • Business Registrations
  • Personnel Briefs
  • Contact Us
Home  »  Outlook 2021  »  Outlook 2021 – Dennis Brobston
Outlook 2021

Outlook 2021 – Dennis Brobston

Posted onJanuary 15, 2021January 18, 2021
Dennis Brobston, president, Saratoga Economic Development Corp.
Courtesy Saratoga Economic Development Corp.

By Dennis Brobston
Here we are again at the start of a new year, but nothing was like last year, right? 2020 is over and while it was a strange and upsetting year, it did present many businesses with opportunities.
We were thrust into unknowns and our businesses proved responsive with resilience to quickly regroup and rebound beyond their own expectations of abilities. Many SEDC members provided vital supplies to other industries to keep their workforce and worksites safe.
For Saratoga Economic Development Corporation (SEDC), it was the busiest year since the days of 2009.
Why 2009? That was when GlobalFoundries broke ground and our attraction efforts were immersed in the semiconductor industry! And since 2009, in addition to GlobalFoundries and the industry awakening in our region, an additional 15,000 jobs of all types were created in Saratoga County.
Saratoga County has to experience continued business and job growth in order to raise the finances to support the services our residents have come to rely upon and deserve. The successful past efforts of the Saratoga County Board of Supervisors, our cities, towns and villages have paid dividends in keeping our county the lowest taxed in New York state.
Our continued partnership with the Saratoga County, Clifton Park and Mechanicville-Stillwater IDAs provides the local support to entice retention and the creation of jobs. In our 43 year existence, SEDC helped over 300 companies grow here in Saratoga County.
SEDC’s efforts in 2020 produced more investment for Saratoga County than the previous four years combined! $121.3 million of investment retained 447 jobs and enabled the creation of 698 new jobs. The new payroll added to Saratoga County will amount to over $26.7 million per year (since 2009 Saratoga County’s total industry wages grew from $2.9 billion to $4.8 billion EOY 2019).
The new year brings new opportunities and challenges as we continue to experience shutdowns and slowdowns due to COVID-19. Whether we like it or not, we have to embrace the changes this pandemic has created. All of us also have to aggressively make adjustments or fix problems that are exacerbated by this pandemic.
We use this time to engage with our members, community leaders, elected officials and beyond to be best informed, share vital information, connect companies for supplies, workforce, programs, etc. Simultaneously, we will stay in constant contact with site selectors, corporation leaders, realtors etc. to showcase various properties available, including SEDC’s SEE Saratoga site listings.
Advanced technologies and materials continue to look to the Northeast United States for locations to grow. Our marketing efforts and demographics always get us into the attraction game. A highly educated workforce, adequately zoned sites and local incentives are reasons we receive many inquiries and site visits.
Our energy infrastructure continues to be troublesome in Saratoga County. Supply of natural gas and limits on electric capacity hinders our efforts, not only in attraction but also expansion and retention of existing companies.
COVID-19 has slowed the process dramatically but we don’t give up easily. In lieu of over 30 companies coming to Saratoga in July 2020, we held a three-day virtual conference, comprised of regional and statewide partners, to showcase Saratoga County and New York state.
This proved as effective as having the delegation here, as we had over 100 business leaders from across Ireland and New York City learn how easy it is to locate here and how welcoming and capable our stakeholders are to assist.
Currently, we have over 10 businesses interested in visiting our area as soon as the travel restrictions are lifted. Furthermore, we are currently working with over 16 Ireland based businesses, in various stages of expansion/product launches.
The U.S. and Irish embassies, along with proven organizations mentioned above, are partners in progressing this program. In 2021, these efforts will continue, albeit via phone or zoom meetings, to secure Saratoga County as a final consideration for Ireland investments in life sciences, equine, advanced materials and food and beverage processing expansions coming to the U.S.
We will virtually be showcasing sites, connecting to professional partners and connecting many of the management services for market launches.
Our clients are getting smarter as they look to grow. The internet, with all its videos, digitized brochures, audio files and plethora of information educates them. They want answers fast and get impatient when answers to their inquiries take too long.
The world is automating faster than we can understand. SEDC works very hard to be a part of this fast-moving, knowledge-based world to perform our mission: to create jobs and diversify the tax base while improving the quality of life for the residents of Saratoga County.

Previous Article Outlook 2021 – Pete Bardunias
Next Article Outlook 2021 – Darryl Leggieri
Subscribe to Our Newsletter
View the Latest Virtual Edition

Categories

  • 50-Plus
  • Banking
  • Banking / Asset Managment
  • Building Trades
  • Business Briefs
  • Business News
  • Business Registrations
  • Business Reports
  • Commercial / Residential Real Estate
  • Community Services
  • Construction
  • Construction Planning
  • Corporate Tax / Business Planning
  • Cyber / Tech
  • Dining Guide
  • Economic Development
  • Economic Outlook 2016
  • Economic Outlook 2017
  • Economic Outlook 2018
  • Economic Outlook 2019
  • Economic Outlook 2020
  • Economic Outlook 2022
  • Education/ Training/ Personal Development
  • Entrepreneurial Women
  • Entrepreneurship
  • Environment / Development
  • Financial Planning / Investments
  • Fitness / Nutrition
  • Health / Community Services
  • Health & Fitness
  • Health & Wellness
  • Healthcare
  • Holiday Guide
  • Holiday Shopping
  • Home / Energy
  • Home / Insurance
  • Home & Real Esate
  • Insurance / Employee Benefits
  • Insurance / Medical Services
  • Legal / Accounting
  • Meet The Chef
  • New Businesses
  • Non-Profit
  • Office / Computer / New Media
  • Office / HR / Employment
  • Office/ Technology/ E-Commerce
  • Outlook 2021
  • Personnel Briefs
  • Retirement Planning
  • Senior Living / Retirement
  • Summer Construction
  • Uncategorized
  • Wellness
  • Women In Business
  • Workplace / Security / Legal
  • Year-End Tax Planning

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
Connect With Us

Follow, like and subscribe to Saratoga.com on social media

Account Sign In Submit An Event
Saratoga.com logo
  • Home
  • Places To Stay
  • Things To Do
  • Food & Drink
  • Events
  • Real Estate
  • Businesses
  • Guides
  • Contact Us
  • Blogs
  • Sweepstakes
  • Advertising
Visit Saratoga.com For Everything Saratoga
Full-Service Internet Marketing: Search Engine Optimization, Website Design and Development by Mannix Marketing, Inc.
Mannix Marketing, Inc. is headquartered near Saratoga Springs in Glens Falls, New York
Saratoga.com All Rights Reserved © 2022
Disclaimer & Privacy Policy / Terms of Use / Copyright Policies

We strive to insure accuracy on Saratoga.com however accuracy cannot be guaranteed. Information is subject to change.
Please alert us if there is any inaccurate information here.

Having trouble using this site? Accessibility is our goal, please contact or email us with site improvements.