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ConMed discloses effort to settle with Voce Capital over board-member nomination, Voce rejects
UTICA, N.Y. — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, today announced that a California–based investor rejected its offer regarding the board-member election at
Five businesses to expand or locate in Binghamton under START-UP NY program
BINGHAMTON, N.Y. — Five businesses will expand or locate in Binghamton through the START-UP NY program, the initiative that creates tax-free areas associated with colleges
Senators: Upstate steel jobs could benefit from DOC’s move against “unfairly” priced foreign imports
U.S. Customs and Border Protection is collecting cash deposits for estimated antidumping duties, making it costly for companies found dumping to export into the U.S.
Welch Allyn’s PediaVision acquisition could be SPOT-on
SKANEATELES FALLS — On June 3, Welch Allyn Inc., a global medical-diagnostic-device company headquartered in Skaneateles Falls, announced the acquisition of certain assets from PediaVision Holdings, LLC, based in Lake Mary, Fla. Most details regarding the price and assets purchased were not released, but the transaction included the corporate name, customer list, and a new
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
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