Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Inficon profit up 3 percent in first quarter
DeWITT — Inficon (SIX Swiss Exchange: IFCN) earned $10.3 million in the first quarter, up slightly from $10 million a year earlier. Earnings per share
CICERO — Nonprofit research and development corporation SRC, Inc. will cut 35 jobs this week as a result of delays and reductions in government contracts.
ITHACA — E2e materials has taken another step toward establishing its new manufacturing facility in Geneva. The firm closed a $400,000 loan from the Ontario
Improvement in manufacturing conditions slows in April
Business conditions remained positive for New York manufacturers in April, although they improved at a slower rate than in recent months, according to a survey
Nirvana to boost production, add equipment and workers
BOONVILLE — A $4.3 million Small Business Administration (SBA)-backed loan for new equipment will help Nirvana, Inc. increase its production by 67 percent and boost
CABVI lands military procurement contract
UTICA — The Central Association for the Blind and Visually Impaired (CABVI) recently won a contract with the U.S. Army Security Assistance Command (USASAC) as a prime vendor for foreign military sales (FMS) programs. Under the contract, CABVI will provide troop-support equipment and clothing items in support of the Aberdeen Contracting Center Aberdeen Proving Ground.
Furniture store ramps up marketing efforts
RICHFIELD SPRINGS — During a recession, buying new furniture may be about the last thing on anyone’s mind, but now that the economy is showing signs of continued recovery, Jeffrey Sarafin is hoping to take advantage of that momentum and boost business at his furniture store. Sarafin established Jeff’s Handcrafted Amish Furniture four years ago
Morse Manufacturing’s new president focused on smooth transition
EAST SYRACUSE — When Nathan Andrews took over as president at Morse Manufacturing Co., Inc. at the beginning of the year, the transition didn’t drum up any problems, he says. “There are a lot of family businesses around, and a lot of them don’t go through very smooth transactions,” Andrews says. “We’ve been blessed in
SYRACUSE — Ephesus Technologies, LLC is rolling out its own, proprietary LED chip, which it says could help the firm create more than 1,000 jobs in the next 10 years. Ephesus developed the chip in partnership with Group4 Labs of Fremont, Calif. Group4 works in New York from the College of Nanoscale Science and Engineering
Giarrosso Sheetmetal hopes tin man will help business grow
SYRACUSE — One man working for Giarrosso Sheetmetal, Inc. spends all day in one spot. Yet the company hopes it can follow him down a road of expansion. The man isn’t a traditional employee. In fact, he’s made out of metal — he’s a tin man standing in front of Giarrosso Sheetmetal’s home at 120
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.