Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Hardinge joins key index, highlighting its rebound
ELMIRA — Hardinge, Inc.’s recent inclusion in the Russell 2000 Index of U.S. stocks is not only a nice feather in the manufacturer’s cap, but
Plan & Print lays foundation for future with technology center
DeWITT — A technology center at Plan & Print Systems, Inc. is part of a blueprint the company is using to adapt to changing client demands. The firm, which is headquartered in a 15,000-square-foot building at 6160 Eastern Ave. in DeWitt, is finishing work on the new technology center, which will help it show hardware
Ithaca firm hopes GE research project leads to more wind-sector work
ITHACA — An Ithaca company worked with GE Global Research to develop new technology for inspecting wind-turbine blades. International Climbing Machines (ICM) of Ithaca worked on the project with GE Global Research, which serves as GE’s hub for technology development. GE Global Research is based in Niskayuna, near Schenectady. ICM’s remote-controlled climber can scale virtually
Matt Brewing begins anaerobic-digester project
UTICA — The F.X. Matt Brewing Co. is “greening” up its brewing process by installing an anaerobic-digester system at the Utica brewery that will use waste products from the brewing process to generate electricity. “We’ve been actively working on this and talking about it for three or four years,” says Nicholas Matt, chairman and CEO
ESD board approves grant for Novelis expansion
The Empire State Development (ESD) board of directors today approved a $5 million grant to support Novelis Corp.’s expansion in Oswego County. The aid was
Hardinge added to Russell 2000 Index
ELMIRA — Machine tool manufacturer Hardinge, Inc. (NASDAQ: HDNG) announced today the company’s stock was added to the Russell 2000 Index. The annual configuration of
Northern District of N.Y. adopts local patent rules
As patent cases have become more frequent in recent years, local judicial districts across the nation have been adopting their own rules to help courts handle the cases more efficiently. The federal U.S. District Court for the Northern District of New York is the latest to do so. The rules are an attempt to help
Latest funding round for Diffinity includes more CNY support
Diffinity Genomics, a biotechnology firm based in Rochester, closed a second round of funding in May that included support from the Allyn Family Capital Fund, LLC. Eric Allyn, a co-chairman of the board of directors at Skaneateles Falls–based Welch Allyn, has joined Diffinity’s board. It’s an important addition, Diffinity CEO Jeffrey Helfer says. “He brings a
June survey shows slowdown in state manufacturing growth
Growth for New York’s manufacturers downshifted in June, according to the latest Empire State Manufacturing Survey from the Federal Reserve Bank of New York. The general business conditions index in the survey, which was released June 15, plummeted 14.8 points to 2.3. The descent brought the index to its lowest reading since last November, when
Chobani founder Ulukaya wins entrepreneur award
NEW BERLIN — The Ernst & Young Entrepreneur of the Year Awards honored Chobani founder, President, and CEO Hamdi Ulukaya as the winner in the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.