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WYNIT buys Minnesota company for $15 million; nearly doubles sales
CICERO —– On July 9, WYNIT Distribution, LLC, headquartered at 5801 E. Taft Road in the town of Cicero, inked a deal to buy “substantially all of the assets” of the Navarre division of Speed Commerce, Inc. (NASDAQ: SPDC), a publicly held company headquartered in Minnesota. Craig–Hallum Capital Group acted as the investment banker for […]
OCC signs partnership agreement, offers manufacturing certificate
ONONDAGA — Onondaga Community College (OCC) and Cazenovia College on July 22 signed a “2+2” partnership agreement. The pact allows students at OCC who earn an associate degree to continue their education and pursuit of a bachelor’s degree at Cazenovia. OCC president Casey Crabill and Cazenovia College president Mark Tierno signed the agreement in a
N.Y. manufacturing index rises in July to highest mark in four years
The Federal Reserve Bank of New York reported July 15 that its Empire State Manufacturing Survey general business-conditions index climbed more than six points to 25.9 in July, its highest level in more than four years. In its news release, the New York Fed said business conditions “improved significantly” for a third consecutive month for
Army Corps to OK wetlands permit for Marcy computer-chip facility project
MARCY, N.Y. — The U.S. Army Corps of Engineers (USACE) will approve the federal wetlands permits necessary for development of a computer-chip manufacturing facility in
Cornell, Clarkson, Lockheed teams awarded funding for electric-grid research
Projects at two Upstate universities and one manufacturer will use state funding to develop technology that add “resiliency and efficiency” to New York’s electric grid.
Corasanti steps down as CEO of ConMed, firm appoints interim CEO
UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, today announced that Joseph (Joe) Corasanti has stepped down as CEO, president, and board
Syracuse ranks among the worst cities for weather, report says
SYRACUSE, N.Y. — Surprise, surprise: Syracuse has been ranked one of the worst cities in the United States for its weather, according to a new
OWEGO, N.Y. — The U.S. Senate’s Appropriations Committee has approved a bill that includes nearly $450 million for two helicopter programs for which Lockheed Martin’s
Corso’s Cookies poised for more growth
GEDDES — Walk down the aisle of any supermarket, and you will find kosher certification on products from Oreos to Coca-Cola. More than $150 billion of kosher-certified products are consumed annually and spending on kosher products is rising dramatically. Beware Oreos: On Mother’s Day, Corso’s Cookies received kosher certification from the Orthodox Union. This is just
State unemployment rate dips to 6.6 percent in June, CNY jobs picture is mixed
New York state’s unemployment rate declined to 6.6 percent in June from 6.7 percent in May, reaching its lowest level since November 2008. The Empire
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