Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Lockheed to cut 4,000 jobs and close four plants, but not Syracuse-area site
Lockheed Martin Corp. (NYSE: LMT) announced today that it will close four plants across the U.S., cutting 4,000 jobs, by mid-2015, in response to continued
Anaren to go private with $381 million sale to Veritas
DeWITT — Anaren, Inc. (NASDAQ: ANEN) will become a private company with its planned sale to a New York City private-equity firm, and Anaren leaders
Hardinge profit declines 63 percent in third quarter
ELMIRA — Hardinge, Inc. (NASDAQ: HDNG), an international manufacturer of advanced metal-cutting tools, reported that its profit fell 63 percent in the third quarter as
Lockheed Martin lays off 80 in Salina, 65 in Owego
Defense contractor Lockheed Martin Corp. (NYSE: LMT) on Wednesday announced plans to lay off 80 employees from its site in Salina and 65 employees from its location
Ephesus Lighting installs LED system at URI’s Ryan Center
SYRACUSE — Ephesus Lighting, Inc. of Syracuse today announced it installed a new LED (light-emitting diode) lighting system at the Thomas M. Ryan Center in
Private-equity firm Veritas Capital to acquire Anaren for about $381M
DeWITT — Veritas Capital, an affiliate of the New York City–based Veritas Capital Fund IV, L.P., is acquiring Anaren, Inc. (NASDAQ: ANEN) of DeWitt in
Lockheed Martin: operations in Salina will continue ‘for at least the next year’
SALINA — Lockheed Martin Corp. (NYSE: LMT) says it “will not consider” any plans that would impact the future of its site in Salina “for
PAR Technology Q3 profit, sales decline
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) today announced net income of $445,000, or 3 cents per diluted share, during the third quarter that
Electronic devices cause overuse injuries, Rome therapist says
ROME — Today’s workers, especially the young, often seem tethered to smartphones, tablets, and laptops. When combined with use of video-gaming devices at home this
Delta Engineers maps out growth plans
ENDWELL — Over the past five years, Delta Engineers, Architects & Land Surveyors, P.C. has expanded its staff, added new technology, and is looking to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.