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SRC Ventures appoints Hartnett as president of SRCTec
CICERO, N.Y. — SRC Ventures, Inc. has named Mary Pat Hartnett president of SRCTec, LLC. Hartnett succeeds Drew James, who is now senior VP of
Syracuse to host 2017 World Canals Conference
SYRACUSE, N.Y. — Syracuse will host the 2017 World Canals Conference (WCC), an event that organizers say could have a more than $2 million “indirect”
CVT bets big on continued growth
SHERBURNE — The 1967 movie “The Graduate” alerted the public to the coming plastics revolution when Dustin Hoffman, playing Benjamin Braddock, had a conversation with his father’s business partner, Mr. McGuire. “I want to say one word to you,” says McGuire … “Just one word — plastics. There’s a great future in plastics.” The ubiquity
U.S. Navy awards Lockheed Martin $149M contract to upgrade shipboard electronic-warfare system
SALINA, N.Y. — The U.S. Navy has awarded Lockheed Martin Corp. (NYSE: LMT) an initial contract of $149 million for its shipboard electronic-warfare system. Under
Young & Franklin’s $260M sale to Ohio firm to close in Q4
SALINA — An Ohio company will be the new owner of Young & Franklin Inc. (YF) and its subsidiaries, including Tactair Fluid Controls Inc., before the end of the year. Cleveland, Ohio–based TransDigm Group Inc. (NYSE: TDG) on Sept. 6 announced that it’s acquiring the companies for $260 million. The acquisition price includes about $73
State Department of Labor offers more training funding for Climax Manufacturing workers
LOWVILLE — The New York State Department of Labor has announced that up to $125,000 of discretionary employment and training funding has been awarded to the Jefferson-Lewis Local Workforce Development Board. This award will further assist workers affected by this spring’s plant shutdown at Climax Manufacturing Co. in Lowville, according to a Department of Labor
New York manufacturing activity remains in decline in September
Despite a small measure of improvement, declines in new orders, shipments, unfilled orders, and inventories dragged down New York’s manufacturing activity in September. The Empire State Manufacturing Survey general business-conditions index inched up 2 points but remained below zero at -2.0 in September. The results of the September survey indicate that business activity “edged lower”
MacKenzie-Childs to open retail store inside del Lago Resort & Casino
TYRE, N.Y. — MacKenzie-Childs, a luxury home-furnishings company, will open a 2,000-square-foot store in the upcoming del Lago Resort & Casino in Tyre in Seneca
Saab Defense and Security to add 50 jobs after winning $38.1 million Navy contract
DeWITT, N.Y. — Saab Defense and Security USA LLC said it plans to add 50 new jobs at its DeWitt site in the coming months
Lockheed Martin opens bioenergy facility at Owego plant
OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) on Tuesday formally opened a new bioenergy facility at its location in Owego. The system uses Concord
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