Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
National manufacturing index rises to highest level in over two years
The Institute for Supply Management (ISM) today reported that its gauge of U.S. manufacturing activity increased to 55.7 in August from 55.4 in July.
ConMed keeps dividend at 15 cents a share
UTICA — ConMed Corp.’s (NASDAQ: CNMD) board of directors has declared a quarterly cash dividend of 15 cents a share, payable on Oct. 4 to
Anaren receives more than $9 million in orders for radar components
DeWITT — Anaren, Inc. (NASDAQ: ANEN) announced today that it has received orders of more than $9 million for components and assemblies for a ground-based
BAE Systems technology to power new rapid-transit buses in California
ENDICOTT — BAE Systems, Inc. today announced its hybrid-propulsion system will power a fleet of new rapid-transit buses for the Santa Clara Valley Transportation Authority
NY manufacturing conditions improve for a third month
Conditions for New York manufacturers improved “modestly” for a third consecutive month in July. That’s according to the August 2013 Empire State Manufacturing Survey that the Federal Reserve Bank of New York released Aug. 15. The survey’s benchmark indicator, the general business-conditions index, was “little changed” from last month at 8.2, according to
DiNapoli, NYBDC announce loan for Nirvana Water
FORESTPORT — New York State Comptroller Thomas DiNapoli and the New York Business Development Corp. (NYBDC) on Wednesday announced a loan of $3.2 million to Nirvana
Feldmeier Equipment to build new plant in Little Falls, create 80 new jobs
LITTLE FALLS —Feldmeier Equipment, Inc. of DeWitt, which specializes in the fabrication of stainless-steel storage and processing equipment, today began construction on a “significant” expansion of the company’s operations in Little Falls. Gov. Andrew Cuomo today announced the project in a news release. The expansion will result in the creation of 80 new
Survey: NY manufacturing conditions improve for a third month
Conditions for New York manufacturers improved “modestly” for a third consecutive month in July. That’s according to the August 2013 Empire State Manufacturing Survey
Schumer expresses support for preserving helicopter contracts at Lockheed’s Owego site
OWEGO — U.S. Senator Charles Schumer (D–NY) today offered his support for planned defense contracts between the Lockheed Martin-Sikorsky team and the U.S. military.
Hardinge declares quarterly cash dividend of 2 cents a share
ELMIRA — Hardinge, Inc. (NASDAQ: HDNG), a manufacturer of advanced metal-cutting tools, announced today that its board of directors has approved payment of a regular
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.