Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Meyda: America’s decorative lamplighter
YORKVILLE — Meyda Lighting, which says it’s the nation’s leading manufacturer of decorative and custom lighting, is celebrating its 40th anniversary in business. “We didn’t
Inficon plans $20M expansion of manufacturing operations in DeWitt
DeWITT — Inficon, Inc. plans to expand its manufacturing operations in DeWitt, creating 40 new “high-paying” jobs and retaining 240 existing positions. The company will
Advanced Motors & Drives to cut 72 jobs in DeWitt
DeWITT — Advanced Motors & Drives, a subsidiary of Nidec Corp. (NYSE: NJ), announced it will eliminate 72 jobs at its DeWitt plant in the
ConMed maintains dividend at 20 cents a share
UTICA — ConMed Corp.’s (NASDAQ: CNMD) board of directors has declared a quarterly cash dividend of 20 cents a share, payable on April 7 to
Servpro of Northern Onondaga County positions itself for growth
DeWITT — When natural disasters like Superstorm Sandy strike or the flooding that affected much of Central New York last summer occurs, businesses like Servpro
Private-equity firm Veritas Capital completes acquisition of Anaren
DeWITT — Veritas Capital, an affiliate of the New York City–based Veritas Capital Fund IV, L.P., has completed its acquisition of Anaren, Inc. (NASDAQ: ANEN)
Empire State Manufacturing Survey index slips to 4.5 in February
The Federal Reserve Bank of New York reported today that its Empire State Manufacturing Survey general business-conditions index fell to 4.5 in February from 12.5
ConMed profit dips in fourth quarter, but beats expectations
UTICA — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, today reported that its fourth quarter net income fell to $10.2 million, or 37 cents
Saab Sensis president Viggiano to retire in early March, Kaminski named successor
DeWITT — Marc Viggiano, president of Saab Sensis, today announced his retirement from the company, effective March 7. Upon Viggiano’s retirement, Ken Kaminski will assume
New leadership, products mark start of 2014 at Otis Technology
LYONS FALLS — Otis Technology, a Lewis County–based manufacturer of gun-cleaning kits, has started 2014 with a new CEO and several new products that it
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.