Economic Development Partners PDF Print E-mail
Principal Investors

CEG-logoCenter for Economic Growth (CEG)

www.ceg.org
The Center for Economic Growth (CEG) is a private, not-for-profit, membership based economic and business development organization committed to visionary, regional economic expansion throughout New York State's Capital Region and Tech Valley, a region of more than 1.1 million residents. CEG implements strategic initiatives to enhance the Region's competitiveness by attracting high-tech talent and companies through site location assistance while providing innovative services to grow local businesses and prepare regional communities for future growth. CEG's vision is to advance transformational regional growth opportunities through leadership, innovation and collaboration to preserve and enhance the regional quality of life.

National-Grid-logoNational Grid

www.nationalgridus.com
We are a wholly owned subsidiary of National Grid*, an international, London-based company. Our core business is the delivery of electricity and natural gas (visit our Energy Delivery and Transmission area to learn more about our core business). We are committed to serving customers well, delivering energy safely and reliably, and keeping costs low. Our values are to:

  • Make personal safety, the safety of co-workers, and the safety of the public paramount.
  • Continuously improve service quality and value.
  • Adhere to the highest ethical standards. Foster respect and teamwork.
  • Act in accord with our corporate, community, and social responsibilities.
  • Be a superior investment for shareholders.
  • Respect and celebrate the unique differences of all employees, stakeholders and customers.

Rensselaer-County-IDARensselaer County

www.rensco.com
Located in the heart of New York's new Tech Valley, a region JP Morgan cites as one of the fastest-growing metros in the state, Rensselaer County is energized by dynamics. Entrepreneurs and corporate executives. High-tech start-ups and global companies. World-class educational institutions and brimming apple orchards. Architectural skylines and wide-open spaces. Connected to everywhere, and still close-knit. It's all right for relocation.

Rifenburg-logoRifenburg Construction

www.rifenburg.com
Rifenburg is one of Upstate New York's oldest and largest family owned construction firms. Working across the Northeast, Rifenburg has become recognized as a leader in getting projects completed on-time and safely. In 2000, one of Rifenburg's largest projects was recognized by OSHA as a VPP site, one of only two such sites to get this distinction in the United States. With over 340 hardworking employees in the Northeast and our regional office in Raleigh, NC, Rifenburg can staff a project of any size. Specializing in earth moving and restoration of all kinds, Rifenburg makes quick work of landfill expansions and closures, site work, highway and bridge expansion and utility installations.

Troy Redevelopment Foundation

Troy Redevelopment Foundation is an economic development organization founded, funded and operated by the largest nonprofit entities in the City of Troy, NY. Comprised of Emma Willard, Northeast Health, Rensselaer Polytechnic Institute, Russell Sage College and Seton Health, the Foundation's mission is to invest financial and human resources into the revitalization of the city by working with leaders in the community, business, education and government to identify opportunities to promote economic development and contribute to Troy's bottom line.
Lead Investors

HSBC Bank USA, NA

www.us.hsbc.com
HSBC Bank USA, N.A. offers its 3 million customers access to global markets and services. The Bank provides a full range of commercial banking products and services to individuals, corporations, institutions and governments, through its personal financial services, private banking, commercial banking and corporate investment banking and markets segments. With 14,000 employees, HSBC has nearly 400 branches in New York State.

Key Bank

www.key.com
Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $105 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. Key Bank is also the largest financial institution in the Capital District of New York.

Nigro Companies

www.nigrocos.com
Representing over 50 years of commercial real estate development, Nigro Companies continues a very proud and successful tradition. Nigro Companies is built on the values of a family name - a name that has been synonymous with the accomplishment and understanding only a half-century of experience can provide. The Nigro family has been developing, financing, constructing and managing a wide range of commercial properties. Today, Nigro Companies owns and manages many commercial properties throughout northeastern New York, specializing in shopping centers, office buildings and warehousing.

Pioneer Bank

www.pioneersb.com
Pioneer Bank, where business is personal, is a local bank headquartered in Rensselaer County and committed exclusively to the Capital Region, providing full service banking to businesses, individuals, families, not-for-profit organizations and municipalities. For 20 consecutive years, Pioneer has received the highest financial strength rating by Bauer Financial, the nation's preeminent independent bank rating organization - a feat that less than 10% of all banks in the country can claim. From teller line to online, Pioneer offers banking products and services that are competitive and versatile. Pioneer proudly employs over 300 local residents and has 15 branch locations throughout Albany, Rensselaer, Saratoga, and Schenectady counties, most with extended hours of operation.

SEFCU

www.sefcu.com
At SEFCU, we are dedicated to providing you with the best products and services to meet your financial needs, so you can achieve your goals! Our Web site is one way we can help to keep you informed about the latest SEFCU products and services, as well as provide useful articles that can make your everyday financial life a little easier. SEFCU ranks as the largest credit union in the Capital Region-and is among the 70 largest in the country. We serve members in the Capital Region, Binghamton, Syracuse, and Buffalo with 30 branches, over 75 proprietary ATMs, and a staff of more than 500.

Tri City Rentals

www.tricityrentals.com
For more than forty years Tri City Rentals has owned and managed premier apartment communities throughout New York State. Our communities are centered in the three largest regions in upstate New York. With 23 communities in the Capital Region, which includes Albany, Troy, Schenectady, Saratoga and Warren counties, we are proud to be both the largest and most experienced in the apartment community industry.
Base InvestorsContributors
  • Hoosick Valley Contractors, Inc.
  • Pfeil and Company
  • Pierce Communications
  • Pryba, Tobin & Company, PC.
  • Walter Snyder Printer Inc.