Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
ConMed’s third-quarter profit falls
UTICA — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, on Thursday reported that its third-quarter net income fell to $5.7 million, or 20 cents
Kionix CEO and co-founder Galvin resigns
ITHACA — Kionix, Inc., which manufactures inertial sensors used in a variety of applications, announced today the resignation of Gregory J. Galvin, the company’s CEO
OSHA cites Cicero manufacturer for 13 safety violations
CICERO — The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited EJ USA Inc., a metal-hatch manufacturer, for 13 “serious” violations
PAR Technology unit wins $85M Army contract, largest in company history
NEW HARTFORD — PAR Government Systems Corp., a unit of PAR Technology Corp. (NYSE: PAR), announced today that it has won an $85 million defense
U.S. Department of Energy awards Ithaca firm $3.2 million grant
ITHACA — The U.S. Department of Energy (DOE) has awarded Monolith Semiconductor, Inc. of Ithaca $3.2 million in funding to develop a next-generation power-conversion technology.
Southern Tier consortium seeks grant to promote wood-pellet fuels
ITHACA — A consortium of private companies and public agencies wants to promote the use of wood-pellet fuels produced within the eight counties of the
Cuomo signs bill allowing licenses for New York farm cideries
Gov. Andrew Cuomo on Thursday signed the Farm Cideries bill that establishes a new license for farm cideries similar to the licenses already available to
Harden Furniture plans technology upgrades
McCONNELLSVILLE — Harden Furniture recently landed a $600,000 New York State Economic Development Council grant that will help the company kick off a three-year, $6-million technology upgrade that expands upon technology innovations installed at the company’s McConnellsville furniture factory a year ago. Last November, Harden (www.harden.com) installed a new Holz-Her CNC machining center and replaced
New York manufacturing index slips in October
The Empire State Manufacturing Survey general business-conditions index fell 5 points to 1.5 in October, the Federal Reserve Bank of New York reported Oct. 15. Despite the dip, the result indicates that business conditions “held steady” for New York manufacturers in October, according to the New York Fed. That’s because the survey found roughly a
Lockheed Martin announces 600 more layoffs companywide
Defense contractor Lockheed Martin Corp. (NYSE: LMT) today announced it is cutting about 600 more jobs in its Mission Systems and Training business in the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.