Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
CCMR names latest JumpStart companies
ITHACA — Three companies will participate in the latest round of the JumpStart program from the Cornell Center for Materials Research. Empire State Development’s Division
Sikorsky to shutter Horseheads plant
HORSEHEADS — Sikorsky Aircraft Corp. will close its plant at 1250 Schweizer Road, leaving 570 employees without a job by year’s end. “Due to declining
Centro wheeling out new buses in Syracuse
SYRACUSE — Centro is taking 56 new buses to the streets of Syracuse. The new vehicles use compressed natural gas (CNG) for power and are
ConMed moves forward with Viking deal
UTICA — ConMed Corp. (NASDAQ: CNMD) successfully completed its tender offer for all outstanding shares of Viking Systems, Inc. (OTCBB: VKNG) common stock at a
NY’s manufacturing conditions continue swoon, survey finds
Difficulties continued for New York’s manufacturers in September, a monthly survey from the Federal Reserve Bank of New York found. The New York Fed’s Empire
Raymond Corp. too busy growing to celebrate 90th anniversary
GREENE — Most companies celebrate major anniversaries with champagne and balloons. Raymond Corp. doesn’t have time to celebrate its 90th birthday. The business has doubled its production since 2009 and has added 500 employees in its U.S. operations since 2010 just to keep up with demand. With headquarters in Greene, Raymond says it’s the North
Conditions continue crumbling for New York manufacturers
New York’s manufacturers couldn’t put together much positive news about September, according to a monthly survey conducted by the Federal Reserve Bank of New York. The New York Fed’s Empire State Manufacturing Survey released Sept. 17 showed business conditions deteriorating, as its general business conditions index languished below zero for a second consecutive month. A
Tryon Boys and Girls Center starts transition to business park
The shuttered Tryon Boys and Girls Center in Fulton County is a step closer to becoming an industrial and commercial business park. Empire State Development’s
Lockheed wins $36M radar contract
SALINA — Lockheed Martin’s Salina plant will work on a new $36 million radar contract the defense contractor won. The U.S. Air Force awarded the
Welch Allyn restructuring to cost 45 jobs in CNY
SKANEATELES FALLS — Welch Allyn will eliminate 45 jobs over three years at its Skaneateles Falls headquarters as it carries out a companywide restructuring, but the location will not bear the brunt of the corporation’s planned employment cuts. The medical-device manufacturer announced on Sept. 10 that it will reduce its work force by 10 percent
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.