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Manufacturing & Engineering
New York dairy farmers get higher prices for milk in May
Dairy farmers in the Empire State received an average of $20.60 per hundredweight of milk sold during May, up 10 cents from April and $3.30
Sovena captures U.S. olive-oil lead
ROME — Our Neolithic ancestors enjoyed olives 10,000 years ago. After the deluge, a dove returned to Noah’s ark with an olive branch, a symbol of life. The Israelites, during their 40-year sojourn in the desert, used pure olive oil in the mishkan (portable-tabernacle) service and later both in the Temple service and in anointing
Giotto Enterprises continues to expand
ORISKANY — Frank Giotto is an irrepressible entrepreneur. “I expect to close on a new 7,000-[square-] foot building [soon],” says Frank Giotto, 64, the founder of Giotto Enterprises. Headquarters is located at 161 Clear Road in Oriskany. “I’m considering two new markets. The first is in metal-bending … I’m projecting manufacturing 5,000 communication cabinets
Ultralife closes on new $20M revolving-credit facility with PNC Bank
NEWARK — Ultralife Corp. (Nasdaq: ULBI), a battery maker based in Wayne County, announced today that it has closed on a four-year, $20 million senior
New wine and cider business opens in Ithaca
ITHACA — Cellar d’Or Wine Boutique has started operations at 136 The Commons in Ithaca. The Downtown Ithaca Alliance and the city of Ithaca plan
Oneonta firm to research ultracapacitors
ONEONTA — Most people don’t think about capacitors, unless they’re talking about the flux capacitor in the DeLorean time machine in the 1985 movie “Back to the Future,” but capacitors help make our modern world go around. Capacitors, which are energy-storage devices, are in just about everything from our cars to our cellphones, according to
Raymond Corp., Binghamton University students team up on electric go-kart project
GREENE — Students from Binghamton University’s engineering school and engineers from the Raymond Corp. recently teamed up on a project to convert a gas-powered go-kart
PAR Technology wins $9.5 million subcontract award
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) today announced that BAE Systems, has awarded PAR subsidiary, Rome Research Corp. (RRC), a $9.5 million subcontract
Anaren shares slip after committee rejects purchase offer
DeWITT — Anaren, Inc.’s (NASDAQ: ANEN) stock price fell modestly today after Thursday’s announcement that its independent committee had rejected a $23 a share purchase
New York manufacturing conditions dip in May
Conditions for New York manufacturers declined “marginally,” according to the Empire State Manufacturing Survey that the Federal Reserve Bank of New York released today. After
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