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    << Return to news list “I felt it was necessary for our company to have a reset,” Clemmer said Tuesday, at the annual EDC Warren County lunch and membership meeting at Great Escape Lodge.

    The reinvestment, amounting to about 12 cents per share of stock, will be used for research, new product development, and workforce training. The company is launching a three-year plan to streamline manufacturing, develop new products and potentially buy other companies to insure the long-term sustainability of the operations in Glens Falls and Queensbury, which currently employ about 900 people.

    Click here for the story in the Post Star.

     

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333 Glen Street, Suite 101, Glens Falls, NY 12801   |   phone 518-761-6007   |   info@edcwc.org   |   © 2013 Economic Development Corporation, Warren County   |   Created by Atlas Advertising   |   © Powered by Community Systems   |   The creation of this web site was assisted with a grant from National Grid, through the NYS Public Service Commission approved Economic Development Plan   |   Landscape photo © Carl E. Heilman II / Wild Visions, Inc.