In the Albany Region, Moving in the Right Direction

The Albany Times-Union newspaper in New York reports on the keynote speech by Emily DeRocco at the Center for Economic Growth’s 14th annual Technology Awards luncheon Wednesday. From “High-end products key to future“:

“In Washington, we see this region as wrapped in manufacturing, not just technology,” said DeRocco, the president of the Manufacturing Institute in Washington. She heads the research and education affiliate of the National Association of Manufacturers.
DeRocco said she was most impressed that the Albany area has focused its efforts on attracting “advanced manufacturing” such as the semiconductor industry, since much of the lower-end manufacturing such as appliances and electronic devices in the world has leapt to Asia over the past several decades.

But the United States can regain its manufacturing edge focusing on high-end production, she said Wednesday.

“This focus on value and quality has kept the U.S. producing about 22 percent of goods worldwide,” DeRocco said. “This move up the value chain makes manufacturing just as important as it has been.”

The Troy Record also covered the luncheon, leading with the local news, “Wacholder among awardees at Economic Growth event,” Michael Wachholder being the first director of Rensselaer Polytechnic Institute’s business incubator program.

Congratulations to all the winners, listed in the extended entry below:

Rising Star: Apprenda, Inc.
A high-growth start-up company whose venture is showing long-term promise
Economic Winner: Fortitech, Inc.
A company that exhibits substantial and sustained growth in sales and profitability, contributing to the overall regional economy and employment
Technology Entrepreneur: Carl H. Rosner
An individual who has contributed to the development of the Technology economy through the formation of new businesses, generation of wealth and exemplifying the risk-taking entrepreneurial spirit
Technology Mentor: Michael Wacholder
An individual who has shaped the technology community through championing the vision of Tech Valley as well as by offering their time, expertise and knowledge networks in support of individual technology companies
Technology in Production: Momentive Performance Materials
A company that has developed or utilized new technology to significantly improve its product production processes
Leaders of Tomorrow: Stakeholders, Inc.
A company or individual making a significant contribution to the attraction and retention of recent graduates and young professionals in the Region.
Intern of the Year: Michael Fil, Extreme Molding & Casey Rogers, SEMATECH
A student intern who has made a significant contribution to his or her company

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