Glens Falls Business Journal - October 2020

Page 1

PRSRT STD U.S. POSTAGE

GBJ P.O. Box 766 Saratoga Springs, NY 12866

VOL. 32 NO. 08

PAID

GLENS FALLS, NY 12801 PERMIT #600

HH The Business Newspaper of Warren and Washington Counties HH

www.glensfallsbusinessjournal.com

OCTOBER 2020

Report: Some Parts Of Region’s Job Sector Glens Falls Business Improvement District Slowly Rebounding Despite COVID-19 Helps Spruce Up Downtown Properties Since COVID-19-related job losses peaked in April, the education services, retail trade and other sectors in the Albany-Schenectady-Troy metropolitan statistical area (MSA) have slowly bounced back, according to a report from the Center for Economic Growth. However, as of July, hard-hit sectors such as leisure and hospitality, and healthcare and social assistance have been slow to reduce their yearover-year losses or even seen them widen, the report said. Data from the state Department of Labor shows signs of economic recovery in the AlbanySchenectady-Troy MSA that includes Saratoga County. The metro had 421,700 nonfarm employed workers as of last July. While that represented a 46,800 job, or 10 percent, loss from a year earlier, it was narrower than the 15.3 percent loss the metro had sustained in April. However, the economic recovery was slower in the Glens Falls MSA (Warren-Washington), the report said, where the year-over year nonfarm jobs loss only narrowed from 18.7 percent in April to 16.8 percent in July. By July, most Albany-Schenectady-Troy MSA sectors were still seeing year-over-year employment losses, CEG said. Transportation and warehousing was an exception, with flat job growth. Leisure and hospitality had led the region in year-over-year job losses in April, totaling 72,300. By July that loss had narrowed by 25,500 to 46,800. But that was only 35.1 percent fewer lost jobs from April’s peak. In contrast, retail trade, which had seen the metros second most job losses in April, had narrowed its year-over-year job losses from 10,300 in April to 4,300 in July, or 58.3 percent fewer lost jobs. The educational services sector actually had more jobs reported in July

than a year earlier, whereas it had experienced a 9.9 percent year-over-year decline in April. Regardless of this progress, several sectors had greater year-over-year job losses in July than in April. Healthcare and social assistance’s losses went from 7,700 to 7,900. Government’s losses likewise widened, from 2,600 to 5,300, said the report. Employers’ interest in hiring, as measured by regional job openings, has risen sharply since sinking to a low 2,330 openings in May, according to CEG. By August there were 5,411 job openings in the eight counties – a 132.2 percent increase. However, that marked an 18.9 percent decline when compared to a year earlier, according to data from the state Department of Labor’s JobsExpress database. While job opening growth was seen across all occupational categories from May to July, only four had seen year-over-year gains during that period. They were: • Healthcare support (up 268.2 percent since May and up 60.4 percent year to date). • Personal care, personal service and gaming (up 515.4 percent since May and up 21.2 percent year to date). • Installation, maintenance and repair (up 183.9 percent since May and up 1.3 percent year to date). • Building and grounds cleaning and maintenance (up 72.5 percent since May and up 11.4 percent year to date). In contrast, education, training and library had 1020 percent more openings since May but was down 44.6 percent over the year. Business and financial operations had the steepest yearover-year decline at 59.3 percent. Since COVID-19, CEG said it has stepped up its Continued On Page 4

This is the logo of the Glens Falls BID, formed to enhance the value of the property downtown and the experience of the people who work, shop and live there. Courtesy Glens Falls Bid

ANDREA HARWOOD PALMER The Glens Falls Business Improvement District organization has been around for awhile, but its membership feels it has been under the radar. A rebranding is taking place to improve that. “It became apparent over our last few months of strategic planning that we needed to make people more aware of the BID—what we’re doing, what our purpose is. We’ve been around for 15 years, and we’ve done a lot of projects, and we’ve been very quiet about it,” said Dan Burke, BID president. “The board said, ‘You know, it’s important that people know what we’re doing. We need to give them the opportunity to get excited, get

energized and join in.’ The rebranding launch made sense. It’s important that people know as a state and local entity, we’re spending money well,” Burke said. The BID began around 15 years ago. Burke has been there from the beginning. The city asked business people who were also property owners to look into forming a Business Improvement District and it became a reality. It began to form around the time Centennial Circle was being constructed in Downtown Glens Falls. “We started slow. Our budget wasn’t very big. Nonetheless, one thing led to another. We put in crosswalk signs, some trash cans, we did a Continued On Page 14

Burch Bottle & Packaging Purchases Tourism Officials in Lake George Region Web Graphics Building In Queensbury Launch Effort To Bring More People To Area BY CHRISTINE GRAF Waterford-based Burch Bottle & Packaging, Inc. has purchased the former Web Graphics building in Queensbury. The 12-acre property was purchased for $2.5 million and includes a 76,000-square-foot warehouse with five loading docks. It is located at 428 Corinth Road, approximately one mile west of Northway Exit 18 . According to Burch Bottle vice president George Ide IV, it was the property’s proximity to the Northway that was one of its major selling points. “We had been looking for a new location for about two years,” said Ide. “We were looking for more space. It’s not an easy thing to find an existing space, and we didn’t want to build. This is a great area—a growing area—with a good shipping lane.” The company is currently headquartered in a 50,000-square-foot leased facility located on Hudson River Road in Waterford. Burch Bottle has been in business for over 35 years and is a leading supplier of glass and plastic containers and metal packaging components. They distribute products to customers in many industries including food and beverage, pharmaceutical, health and wellness, personal care, and chemical and industrial. The company also offers custom mold design. Burch Bottle has about 24 employees and plans to hire additional employees after relocating to Queensbury. Renovations of the building are underway, and the company hopes to occupy the space by the end of the year. “We’re doing substantial upgrades, but it’s basic stuff like carpeting and landscaping—sprucing up

Burch Bottle & Packaging purchased this former Web Graphics building in Queensbury. the building,” said Ides. “In the future, we may be looking to expand the building or putting up a new building in the back.” Ide said business has been growing steadily over the past several years but was impacted by the COVID-19 pandemic. The company is currently dealing with supply chain shortages. “Different customers have been impacted in different ways, and we had some of our food and beverage customers that haven’t been able to make it,” he said. “Our business is back up, but at the beginning it was rough sailing for everyone.”

In the Lake George region, officials have undertaken an effort to make it easier for people to have custom-made fall fun and discover less crowded places. Leading hospitality organizations in the region have teamed up to provide rich travel and outdoor experiences for visitors and help local people discover what’s in their backyard while staying safe. “A demanding daylong hike on trails less traveled in the Adirondacks? Biking in rugged terrain? Or antiquing followed by a gourmet dinner? It’s all available in the Lake George region this fall,” said a release from Warren County Tourism, LakeGeorge. com, Look Media and Lake George Regional Chamber of Commerce announcing the initiative. The groups are working together to produce customized weekend itineraries to help visitors make the most of “summer’s second act,” the release said. The itineraries will be distributed via email blasts from the different organizations and promoted through social media on a weekly basis this fall. The first itinerary was the 12 Best Towns for Fall Foliage, developed by the Warren County Tourism Department. This piece provides maps and easy directions to help people discover all that is available in the 12 towns in Warren County. The second is “An Autumn Weekend Getaway in Lake George: 48 Hours of FallFilled Fun!” which was developed by Mannix Marketing’s LakeGeorge.com.

Hospitality organizations in the Lake George region are promoting safe activities. Courtesy Lake George Chamber of Commerce

“Summer soaks up the spotlight, but fall is the Lake George region’s best-kept secret, with all the fun of hiking, biking and boating plus spectacular foliage by day and crackling wood fires at night,” said Warren County Tourism Director Joanne Conley. “Lake George is the close-to-home escape to fresh air, wide-open space, backwoods, and beautiful back roads,” said Sara Mannix, president of Mannix Marketing, which owns LakeGeorge.com. “We hope to help visitors Continued On Page 3


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Glens Falls Business Journal - October 2020 by Saratoga & Glens Falls Business Journal - Issuu