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Press Release -- August 3rd, 2012
Source: Tech Valley Communications

Tech Valley Communications to expand, stay in Albany

ALBANY — Tech Valley Communications, a leading provider of data and high-speed Internet services in Upstate New York, will consolidate and expand its operations into new corporate headquarters in downtown Albany.

Lt. Gov. Robert Duffy joined with company and local elected officials Thursday to celebrate the expansion of this local business, which will create more than 60 new full-time jobs, retain 62 existing jobs in the downtown area and infuse more than $36.5 million in payroll into the local economy over the next five years, officials said.

“Under the leadership of Governor Cuomo, the state is working harder than ever to show companies like Tech Valley Communications that New York is the right place to invest and a great place for businesses to grow and expand,” said Duffy. “This is a home-grown company that has been extremely successful in the Capital Region and due to the efforts of the administration, Empire State Development, and Albany County, will remain in the city it belongs. Tech Valley had other options outside the state, however in a clear demonstration that the New New York Works for Business, the company is not only remaining, but expanding and creating jobs in downtown Albany.”

Tech Valley Communications owns and operates an extensive fiber optic network throughout Upstate New York’s “Tech Valley” and serves many of the region’s leading enterprises with it FirstLight® fiber-to-the-premise service. The company explored several options for its expansion plans, including moving operations out of state, but ultimately chose to remain in downtown Albany.

“With each fiber mile we build we are getting closer to our objective of constructing the leading fiber footprint in the Northeastern United States,” said Kevin O’Connor, CEO, Tech Valley Communications. “As a business we must grow to accommodate expansion of the fiber optic infrastructure. We value the workforce in downtown Albany and are glad to avail ourselves of its local talent. With help from the state, we’ll be able to grow our business even faster.”

Tech Valley Communications was founded in Albany in 1999.

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