January 2016 Cover Story: Economic Outlook

Slow and steady
growth wins the race

OUTLOOK 2016 / MILITARY: A soldier salutes during the presentation of the colors last year in an activation ceremony for the 10th Mountain Division Divarty. As the post avoided major cuts in 2015, Fort Drum officials remain positive that 2016 will be a healthy year for one of region’s top economic sectors. Photo by Amanda Morrison, NNY Business.

OUTLOOK 2016 / MILITARY: A soldier salutes during the presentation of the colors last year in an activation ceremony for the 10th Mountain Division Divarty. As the post avoided major cuts in 2015, Fort Drum officials remain positive that 2016 will be a healthy year for one of region’s top economic sectors. Photo by Amanda Morrison, NNY Business.

Despite a few challenges, experts say the region is on pace for a positive year in 2016. Six sectors of the north country’s economy are ripe with opportunities for growth.

By Karee Magee, NNY Business

A grim fate cast a pall over the north country in early 2015, as federal budget sequestration threatened to cut up to 16,000 personnel from Fort Drum in an effort by the army to trim its active duty force from 490,000 to 450,000 by fiscal year 2017. [Read more…]

Business Briefcase – October 2012

High Peaks Winery opens tasting room

Back row, from left, Craig Chevalier, Chris and Shelia Whalen, Lyle Newman, and Jeremy Johnston. Front row, from left, Tara Johnston, Dave Crowell, Matt Whalen, Jessica McPherson, Tracy Tuttle, Carrie Sequin and Cheryl Lattimer.

High Peaks Winery, 2422 State Highway 72, between Parishville and Hopkinton, held a ribbon-cutting ceremony for its new tasting room on Sept. 22, hosted by the Potsdam Chamber of Commerce.

The tasting room is open from 3 to 6 p.m. on Saturdays and 1 to 5 p.m. on Sundays. In addition to High Peaks Wine, the tasting rooms sells wine racks, bottle stoppers and bottle openers surrounded by works from artist Marion Bradish of Riverflow Studio. Visit www.highpeakswinery.com to learn more.

[Read more…]