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EDC says Angio retention averts larger job loss; Queensbury partnership, craft beverage growth noted
Summary
Economic development staff reported May 22 that Angio will retain roughly 150 employees locally, producing an estimated $10 million in payroll and about $20 million in local economic impact; staff also described strengthened services to Queensbury, rising interest in the county's business park and growth in the craft beverage sector.
An Economic Development representative told the Warren County Economic Growth and Development Committee on May 22 that Angio — a long-standing local employer — would continue operations in the area and retain about 150 employees, creating a substantial local economic effect.
"There is no commitment for how long they will be here, but there is also no plan for them to leave," the EDC representative said. The office estimated the company's payroll at nearly $10,000,000 and described a broader economic impact of roughly $20,000,000 when multiplier effects are…
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