Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
New York manufacturing index declines in July, misses expectations
The Empire State Manufacturing Survey general business-conditions index fell more than 5 points to 0.6 in July on declines in new orders and shipments. The
U.S. Air Force’s Rome Lab awards PAR Technology subsidiary $5.1 million R&D contract
ROME, N.Y. — The U.S. Air Force has awarded PAR Government Systems Corp. a $5.1 million contract award for research and development. PAR Government is
Entergy in talks with Exelon on potential sale of FitzPatrick nuclear-power plant
SCRIBA, N.Y. — Entergy Corp. (NYSE: ETR) on Wednesday announced that it is in discussions with Exelon Corp. (NYSE: EXC) for the potential sale of
PAR Technology unit hires Mancuso as business development director
ROME, N.Y. — PAR Government Systems Corp., a subsidiary of PAR Technology Corp. (NYSE: PAR), announced it has hired John M. Mancuso as senior director
Binghamton’s Go Green Institute seeks to spark students’ interest in science
BINGHAMTON — Binghamton University, in partnership with the Binghamton City School District, is offering its 7th annual Go Green Institute summer science program from July 11-22. Go Green is designed to “excite” students about science, math, and engineering. The institute will bring together about 50 sixth graders and 15 high-school students for an “intensive, 10-day,
California firm moves most of its operations to Cicero in merger with sister company JADAK
CICERO — Photo Research, a firm that originated in California, has moved most of its operations to Cicero in a merger with technology supplier JADAK, LLC. Both companies have the same parent company, Novanta (NASDAQ: NOVT), a Bedford, Massachusetts–based business formerly called GSI Group, Inc. (NASDAQ: GSIG). Both entities are operating at JADAK’s headquarters at
New York Bakery leases warehouse space in Geddes
GEDDES — New York Bakery — which says it manufactures bread and rolls for restaurants, delis, and institutional uses — recently leased 17,800 square feet of warehouse space at 121 Dwight Park Circle in the town of Geddes. Mark Rupprecht of CBRE/Syracuse represented New York Bakery in the transaction, according to a news release from
National manufacturing index climbs in June
A key gauge of U.S. manufacturing activity rose in June to reach its highest level in 16 months, according to the latest Manufacturing ISM Report On Business, issued July 1 by the Institute for Supply Management (ISM). The ISM’s benchmark purchasing manager’s index (PMI) rose to 53.2 last month, from May’s reading of 51.3. An index
Schumer: ITC to place duties on firms exporting “cheap” steel to the U.S.
A North Carolina–based steel manufacturer, which operates two locations in Central New York, will benefit from a decision by the U.S. International Trade Commission’s (ITC) targeting certain steel imports. The ITC has voted to place duties on foreign companies that were exporting “unfairly subsidized and artificially cheap” steel to the U.S., products that hurt domestic steelmakers,
Annese & Associates moves into new locations in DeWitt, Utica
DeWITT — Information-technology firm Annese & Associates Inc. recently relocated its offices in Central New York and the Mohawk Valley. The Clifton Park, New York–based firm moved its Syracuse–area office to 5000 Campuswood Drive in DeWitt. It had previously operated at 100 Elwood Davis Road in Salina, a location where its operations continued for about
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.