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Manufacturing & Engineering
ConMed to acquire Viking to expand surgical-video offerings
UTICA — ConMed Corp. (NASDAQ: CNMD) announced Aug. 14 it will acquire Westborough, Mass.–based Viking Systems, Inc. (OTCBB: VKNG) for about $22.5 million in a
North Country manufacturer’s 110 years of growth, change hasn’t yet hit a Climax
In January 1902, Michigan played Stanford at the Rose Bowl in Pasadena, Calif. It was the first college bowl game. In April, Leon Serpollet set a new car land-speed record of 75.06 miles-per-hour. In August, Teddy Roosevelt was the first U.S. president to ride in an automobile. That same year, Samuel L. Hirschey founded the
New York manufacturing index plunges below zero in August
Business conditions for New York manufacturers fell apart in August, according to a monthly survey from the Federal Reserve Bank of New York. The general business conditions index in the New York Fed’s Empire State Manufacturing Survey, which was released Aug. 15, plummeted 13.2 points to -5.9. It is the first time the index dropped
Medical-device firms prepare for new tax
Sound bites erupted with such force after the Supreme Court’s decision on the national health-care reform law that it might have been easy to overlook a new challenge for a local industry. The law includes a 2.3 percent tax on the sale price of medical devices as part of its funding stream. Economic developers have
Prices on construction materials drop in July
The cost of some key construction materials fell in July for the third month in a row, according to a new analysis from the Associated
Comptroller calls for Thruway to examine other options before hiking tolls
State Comptroller Thomas DiNapoli is urging the New York State Thruway Authority to evaluate all of its options before implementing a toll increase on commercial
Survey: Conditions soured for New York manufacturers in August
New York manufacturers reported tough conditions in August in a survey the Federal Reserve Bank of New York released this morning. The general business conditions
ConMed to acquire Viking Systems
UTICA — ConMed Corp. (NASDAQ: CNMD) announced today it will acquire Westborough, Mass.–based Viking Systems, Inc. (OTCBB: VKNG) in a $22.5 million deal. Viking develops
Chobani founder discusses company’s growth on CNBC
Chobani founder Hamdi Ulukaya took a break from watching the Olympics in London to appear live Friday morning on CNBC’s “Squawk on the Street” show
DeWITT — Inficon (SIX Swiss Exchange: IFCN) earned $9.1 million in the second quarter, down from $10.7 million a year earlier. Earnings per share for
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