Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Gear Motions acquires Buffalo firm
SOLVAY — Gear Motions, Inc., a Solvay–based gear manufacturer, recently announced its acquisition of Niagara Gear Corp. in Buffalo. Gear Motions didn’t disclose any financial
Rheonix expands for manufacturing, prepares product launch
ITHACA — Rheonix, Inc., an Ithaca–area-based developer of automated molecular-testing products, is working to complete a manufacturing build-out and preparing to launch its first commercial
Wolken: Cuomo’s tax-relief plan for manufacturers ‘significant’
DeWITT — The proposed state tax breaks for upstate manufacturers send a message that New York “is trying to turn the corner at being a
i3 Electronics lays off 28 employees
ENDICOTT — i3 Electronics, Inc., the firm that acquired the former Endicott Interconnect Technologies last October, has announced the layoff of 28 employees. “This reduction
Otis Technology founder Garrett steps down from top job, Puzzuoli named new CEO
LYONS FALLS — Otis Technology, a Lewis County–based manufacturer of gun-cleaning kits, on Wednesday announced the appointment of Leonard Puzzuoli as CEO, effective Jan. 1.
Hardinge sells Swiss workholding business for nearly $6M
ELMIRA — Hardinge Inc. (NASDAQ: HDNG), a global manufacturer of metal-cutting tools, announced Thursday it has sold its Swiss Forkardt workholding operations for about $5.9 million,
Klein Steel Service names Zyra as president
Klein Steel Service Inc. — a Rochester–based steel-service center with a network of warehouses throughout upstate New York, including the Syracuse area — has named
Rheonix raises $14M for manufacturing and 2014 product launch
ITHACA — Rheonix, Inc., an Ithaca–based developer of automated molecular-testing products, today announced it has raised $14 million to complete a manufacturing build-out and to
Novelis to build new $120M production line at Oswego plant, add 90 jobs
OSWEGO — Novelis, a manufacturer of rolled aluminum and the world’s largest aluminum recycler, today announced it will invest about $120 million to install a
PAR Springer-Miller rolls out new suite of mobile hospitality apps
NEW HARTFORD — PAR Springer-Miller Systems, Inc., a unit of PAR Technology Corp. (NYSE: PAR) and provider of hospitality management systems, today announced it has
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.