Albany, New York, and its surrounding environs, known as “Tech Valley,” is a hub of growth and innovation. This region of upstate New York is the heart of many nanotech companies and tech-focused universities.
As we’re considered one of the key players in the Tech Valley, we’re proud to share the news that our branch in Malta gained recognition in the local market, ranking high in two categories of the recently unveiled “Book of Lists.” This annual publication by the Albany Business Review details commerce rooted in the local market.
For the list, “Largest Mechanical Contractors in the Albany area,” TFS ranked 2nd, based on its 2017 local mechanical contracting sales volume of $55.66 million. This is nearly double our 2016 volume. Additionally, we ranked 6th in Electrical Contractors in the market list, thanks to a 99% increase in overall revenue.
We attribute this growth in part to the location of the Malta branch, which is ideally situated to mobilize quickly and efficiently to support projects throughout the Northeast, such as pharmaceutical hubs in New England, semiconductor plants in New York and advanced technology manufacturers in the Great Lakes.
This branch, overseen by Jose Garcia, VP of the east region, and David Marshall, VP of U.S. electrical operations, comprises approximately 150 local employees and is a destination for job-seekers in the Albany area, thanks to exceptional career and internship opportunities. According to ZipRecruiter listings for tech jobs, project managers—one of TFS’ key positions—are among the most-sought-after slots to fill in the region. This is because local growth in the tech industry has increased by 161% since 2016.
With strong regional roots, combined with the growing demand in process-critical infrastructure within tech and tech-adjacent industries (semiconductor, life science, renewable energy and science & research installations), TFS looks forward to a bright future in Tech Valley.