Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Exelis Rome location to perform work on new cyber contract
ROME — Defense contractor ITT Exelis (NYSE: XLS) won a contract from the U.S. Air Force to work on cyber technology for the military. The
Sherrill Manufacturing wraps up tool auction as “important first step” in restructuring
SHERRILL — Sherrill Manufacturing, Inc. auctioned off a lot of unused equipment Thursday July 19 in a move designed to bring an influx of cash
Patent activity increases in Syracuse area
Patent applications and the number of patents issued in the Syracuse area rose in the second quarter to record high levels, according to an analysis
Chobani opens yogurt bar in SoHo
NEW BERLIN — The latest project for the Greek yogurt maker Chobani is Chobani SoHo, a yogurt bar that opened July 25 in New York
Sales, earnings increase at ConMed
UTICA — Sales grew 3.5 percent in the second quarter at ConMed Corp. (NASDAQ: CNMD), driving a nearly $2 million increase in net income at
New York manufacturing activity rises in July
Manufacturing activity in New York picked up some speed in July after a deceleration in the previous month, according to the Federal Reserve Bank of New York’s Empire State Manufacturing Survey. The general business conditions index in the survey, which was released July 16, jumped 5.1 points to 7.4. That marked a reversal in course
Business conditions pick up for New York manufacturers in July
New York’s manufacturing sector bounced back from an early summer slowdown in July, according to a survey released this morning by the Federal Reserve Bank
Bauer plans expanded Clay production for Cascade
CLAY — Bauer Performance Sports Ltd. (TSX: BAU) will take a shot at expanding manufacturing in the Syracuse area after completing a lacrosse power play and acquiring a Clay–based helmet maker. Exeter, N.H.–based Bauer paid $64 million for Cascade Helmets Holdings, Inc. in a deal that closed June 29. The transaction allows Bauer to jump
New General Super Plating owners see bright future
DeWITT — The new owners of General Super Plating Co., Inc. intend to help their company shine again. “We want to grow it and get it back to maybe where it was 15 to 20 years ago,” says J.T. Jacus, a Rochester–based investor who acquired the firm May 30 along with a partner, Mark Watson.
D&W Diesel opens N.J. location
AUBURN — Auburn–based D&W Diesel, Inc., which opened a location in Binghamton earlier this year, purchased the assets of Fleetsource Company in Cliffwood, N.J., making
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.