hudson valley

3:45pm

Thu August 2, 2012
Business

Fiber optic company plans expansion in downtown Albany

"This region is hot. It's incredibly hot," said Lieutenant Governor Bob Duffy, touting the government's role in helping Tech Valley Communications expand and stay in Albany.
Marie Cusick WMHT

A telecommunications company that builds fiber optic networks throughout the Northeast is expanding its headquarters in Albany, despite offers to relocate out-of-state.

Tech Valley Communications (TVC) will nearly double its Albany workforce to more than 120 people over the next five years.

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11:51am

Thu July 26, 2012
Business

GlobalFoundries announces $2.3 billion expansion

The GlobalFoundries chip plant in Malta has announced a $2.3 billion expansion. It will soon be the size of six football fields.
Marie Cusick WMHT

The massive GlobalFoundries computer chip manufacturing plant outside of Albany will soon grow even larger.

The company announced an additional $2.3 billion investment at its Malta site earlier this week.

The plans call for an expansion of the cleanroom space where the company builds 300 millimeter computer chip wafers. The chips are used in everything from computers, to cell phones, and cars.

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3:39pm

Fri July 13, 2012
Batteries

GE unveils new battery plant in Schenectady

In our latest Innovation Trail report for New York NOW we visited GE's new battery plant in Schenectady.

The plant will employ 450 workers building GE's new Durathon batteries, which will be used as energy storage in the telecommunications industry and on utility grids.

Watch the full story here:

2:42pm

Fri June 22, 2012
Science

State awards $2.4 million for stem cell research center

Rensselaer Polytechnic Institute President Dr. Shirley Ann Jackson unveils the new Stem Cell Research Center.
Marie Cusick WMHT

Officials from the Rensselaer Polytechnic Institute (RPI) cut the ribbon today on a brand new Stem Cell Research Center.

It's paid for by a $2.45 million grant from the New York State Stem Cell Science Program (NYSTEM) - a state agency dedicated to funding this kind of research.

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7:59pm

Fri June 1, 2012
Energy

Q&A: Energy Secretary Steven Chu on powering NY and the nation

Just a few weeks after President Obama visited the Capital Region, an important member of his cabinet was also in town.

Energy Secretary, and Nobel Prize winner, Dr. Steven Chu was in the area to tour the GE Global Research center outside of Schenectady. He also received an honorary degree from the Rensselaer Polytechnic Institute.

During his visit, Chu sat down with New York NOW to talk about national energy policy, and some of the issues facing New York - like the future of hydrofracking and nuclear power.

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