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Manufacturing & Engineering
New York manufacturing index hits highest level since December 2021
New orders and shipments rose significantly in November, sending the general business conditions index of the Empire State Manufacturing Survey to its highest level in almost three years — December 2021. The index jumped 43 points to 31.2 in November after falling 23 points to -11.9 in October. The general business conditions index is the […]
VIEWPOINT: Manufacturing Growth Needs Realistic Energy Approaches
Manufacturing is under-appreciated in New York state. Why is this? One of the main reasons is that there is a negative perception of manufacturing as an industry that is dirty, polluting, and low-skilled. This perception is blatantly false. Manufacturers are real innovators in protecting our environment and building sustainable facilities and they make meaningful progress
CenterState CEO recognizes regional businesses during Economic Champions event
SYRACUSE, N.Y. — CenterState CEO on Tuesday recognized the efforts of more than 300 regional businesses during its annual Economic Champions Celebration at the Nicholas J. Pirro Convention Cener at Oncenter. The event recognized 306 companies and organizations for “driving the region’s economy forward” through job creation; business expansions; investments in operations; new business openings;
Lowe to step down as Wolfspeed president and CEO
DURHAM, N.C. and MARCY, N.Y. — Gregg Lowe is out as president and CEO of Wolfspeed, Inc. (NYSE: WOLF), which operates a fabrication plant in
Port of Oswego awarded $11 million federal grant for climate-controlled warehouse
OSWEGO, N.Y. — The Port of Oswego will use more than $11 million in federal funding to build a new, climate-controlled warehouse for the region’s
New York manufacturing index soars to highest reading in three years in November
The Empire State Manufacturing Survey general business conditions index climbed 43 points to 31.2 in November, representing its highest reading in nearly three years. The index had dropped 23 points to -11.9 in October after rising 16 points to 11.5 in September (activity expanding for the first time since November 2023.) The general business conditions
ROME — Assured Information Security (AIS) now has 24 issued patents, with the issuing of two new patents in October by the U.S. Patent and Trademark Office, the company announced. “Expanding our patent portfolio is central to our mission of advancing cybersecurity solutions that can adapt to evolving threats,” AIS Chief Engineer Michael Seiffert said
Corning Inc.’s Canton plant to create up to 130 jobs
It comes after winning $32 million in CHIPS funding CANTON — More manufacturing jobs are on the way for the Canton plant of Corning Incorporated (NYSE: GLW). The company has reached an up to $32 million preliminary memorandum of terms (PMT) funding
Firm that recently expanded into Utica plans more growth
Just months after opening a satellite office in Utica, architecture and engineering-design firm CSArch has inked a new partnership deal that will fuel more growth at the Albany–based firm. CSArch finalized a partnership deal on Oct. 31 with Signal Hill Equity Partners, a Canadian middle-market private-equity firm that focuses on investing in regulated and essential-service
International Wire buys new equipment for Canastota plant using National Grid incentive
CANASTOTA — The Canastota plant of International Wire is using new equipment, thanks to an energy-efficiency incentive from National Grid (NYSE: NGG) that will help the firm save money in the long run on its energy costs. International Wire replaced a 25-year-old multiwire drawing machine at the plant with a new generation of equipment that
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