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Manufacturing & Engineering
PAR Technology unit secures data-synchronization patent license
NEW HARTFORD — ParTech, Inc., a subsidiary of PAR Technology Corp. (NYSE: PAR), has inked a deal to license a patented web and wireless-data synchronization
Lockheed makes $500K gift to vets institute
SYRACUSE — The Institute For Veterans and Military Families at Syracuse University (SU) will use a $500,000 gift from Lockheed Martin to help its efforts
CXtec plans to open sales office in Rochester
Company also expects to boost hiring in Syracuse area SALINA — CXtec is set to open a sales office in Rochester later this year to tap into the talent base in that market. CXtec, which sells new and used data networking and voice equipment and its own line of cabling, expects the Rochester office
Mohawk Valley fiber-optics firm goes solar
KIRKLAND — Legacy Fiberoptics, Inc., a small business that manufactures and repairs fiber-optic test equipment, is banking on solar power to reduce its energy costs. Legacy Fiberoptics, headquartered in a 7,500-square-foot building at 7930 Limberblost Road in the town of Kirkland, recently had a solar-panel system installed that it expects to provide all its electricity.
DeWITT — Profit rose to $3.5 million, or 27 cents a share, in the fiscal second quarter at Anaren, Inc. (NASDAQ: ANEN) from $1.2 million, or 8 cents a share, a year earlier. The DeWitt–based company released its second quarter results Jan. 22. Net sales increased 6.3 percent to $38 million for the period. Anaren
Welcome to the 2013 edition of The Central New York Business Journal’s Works In Progress feature. Every year we yield the floor to the businesses and nonprofit organizations we cover in order to obtain a snapshot of the local business scene. The information listed here was compiled and edited from forms that companies and nonprofits completed to showcase
Herkimer ARC focuses on new revenues through HI division
HERKIMER — “Not-for-profit is a tax status, not a business strategy,” quotes Kevin Crosley, the president and CEO of the Herkimer ARC, a 501(c)(3) corporation established in 1969 to enable people with disabilities in Herkimer County to achieve full potential and enriched lives. Crosley is a pragmatist who understands that necessity is the handmaiden of
Burrows Paper expands international reach
LITTLE FALLS — “On Dec. 3, 2012, Burrows Paper Corp. completed the acquisition of the remaining 75 percent equity interest in a joint-venture it had established with Innopak Hong Kong, Ltd. in 2008. The deal transferred total ownership of Innopak Heshan — an operating company that converts specialty paper and board-based, foodservice packaging products —
Profit, sales increase at Anaren
DeWITT — Profit rose to $3.5 million, or 27 cents a share, in the fiscal second quarter at Anaren, Inc. (NASDAQ: ANEN) from $1.2 million,
FDA approves Welch Allyn foray into iPhone imaging
SKANEATELES FALLS — Medical-device maker Welch Allyn is ready to push iPhones as eye scanners after the U.S. Food and Drug Administration (FDA) approved one
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