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Manufacturing & Engineering
N.Y. manufacturing index dips further into negative territory in July
The Empire State Manufacturing Survey general business-conditions index slipped less than a point to -6.6 in July. The general business-conditions index is the monthly gauge on New York’s manufacturing sector. Based on firms responding to the survey, the July reading indicates business activity “declined modestly” in New York State, the Federal Reserve Bank of New […]
Ashley McGraw expands into Boston area with acquisition
SYRACUSE — Syracuse–based Ashley McGraw Architects, D.P.C. has expanded its footprint into the New England region, acquiring studioMLA Architects of Brookline, Massachusetts, near Boston. Founded in 2006, studioMLA Architects — a 15-person architecture and landscape design firm — focuses on the design of early-education facilities along with nature-inspired playscapes for young children. The acquisition closed
Project to protect Oswego’s Camp Hollis from future flooding is now complete
OSWEGO, N.Y. — A construction project to protect Camp Hollis in the town of Oswego from future flooding and high-water events is now complete. Camp Hollis is a summer camp for children, providing recreational opportunities to more than 2,000 at-risk youth per year, as well as a location for private events. The completed resiliency project
MACNY wins $6 million federal grant for advanced-manufacturing apprenticeships
DeWITT, N.Y. — MACNY, the Manufacturers Association will use a $6 million federal grant to expand registered apprenticeships for advanced-manufacturing jobs, including those in the semiconductor industry. The U.S. Department of Labor awarded the funding, the office of U.S. Senate Majority Leader Chuck Schumer (D–N.Y.) announced. The new program is expected to help more than
HUD awards $50 million to help redevelop Syracuse public housing near I-81
SYRACUSE, N.Y. — The Syracuse Housing Authority (SHA) and the City of Syracuse will use a $50 million federal grant to improve the East Adams neighborhood near Interstate 81 (I-81) in the City’s 15th Ward. This funding comes through the U.S. Department of Housing and Urban Development’s (HUD) Choice Neighborhoods Initiative program, U.S. Senate Majority
Lockheed Martin to pay Q3 dividend of $3.15 per share in late September
Lockheed Martin Corp. (NYSE: LMT) announced that its board of directors has authorized a third-quarter, 2024 dividend of $3.15 a share. The dividend is payable on Sept. 27, to holders of record as of the close of business on Sept. 3, according to a June 27 company news release. At Lockheed’s current stock price, the
CNY Community Engagement Committee details Micron investment fund priorities
SYRACUSE — It’s a group that’s been working for more several months to identify community priorities and “create a framework for directing investments” for a multi-million-dollar fund that’s connected to Micron’s deal with New York State government. The Central New York Community Engagement Committee (CEC) on June 27 released a document with ideas for using
Upstate’s Air Upstate drone team conduct first BVLOS flight
SYRACUSE — In May, Upstate Medical University says it completed a key test flight for its drone program that advances the health system’s goal of
New Launch NY investments include startups in Ithaca, Rochester, Buffalo
BUFFALO — A fledgling Ithaca business is among the Upstate companies in which Launch NY has invested. Caretech Human in Ithaca is one of three companies that will use $175,000 from Launch NY. It also invested in TelosAir in Rochester and Edenesque in Buffalo. Caretech has developed a small device that users can install above
Revere Copper expands with North Carolina plant
ROME — The electrification of America is benefiting Revere Copper Products of Rome. Demand for copper and increased business led to the company opening a new manufacturing plant in North Carolina to meet the growing demand. After more than a year of getting ready, Revere cut the ribbon April 10 on its plant in Mebane,
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