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Manufacturing & Engineering
New York manufacturing conditions keep rising in January
Business conditions for New York Manufacturers continued to swing upward in January, according to the Federal Reserve Bank of New York’s monthly Empire State Manufacturing
O’Brien & Gere acquires S.C. firm
SYRACUSE – Syracuse-based O’Brien & Gere has acquired the remaining 55 percent ownership of the architecture and engineering firm Lindbergh & Associates of North Charleston,
Malvaso to retire from Toyota Material Handling North America
GREENE — James J. Malvaso, president and CEO of Toyota Material Handling North America (TMHNA), the parent company of The Raymond Corp., will retire effective
Bristol-Myers Squibb to acquire Georgia drug developer
NEW YORK — The biopharmaceutical maker Bristol-Myers Squibb Co. has reached an agreement to acquire clinical-stage biopharmaceutical company Inhibitex, Inc. Bristol-Myers (NYSE: BMY), based in
SRC, Lockheed, Le Moyne develop new certificate program
SRC, Lockheed Martin, and Le Moyne College in Syracuse have partnered to develop a new certificate in government systems management. The program will introduce students
Finger Lakes Technologies pushes into new territory
Finger Lakes Technologies Group (FLTG) has finished a more than 30-mile extension of its fiber network into the Elmira area and now has its sights set on more expansion east, west, and south. The extension into the Southern Tier is a joint venture with Empire Telephone of Prattsburgh. The new entity is known as FLTG South with
Sovena USA hopes certification leads to growth
ROME — Olive-oil importer and bottler Sovena USA ended 2011 on a high note by becoming the first U.S. laboratory to be certified for chemical testing of olive oil by the International Olive Council (IOC). The new certification positions the company to reassure buyers and consumers that its oils meet globally accepted standards for olive
PAR Tech to sell logistics-management subsidiary
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) is selling its PAR Logistics Management Systems (PAR LMS) shipping asset and management subsidiary to ORBCOMM Inc., a global satellite data-communications company based in Fort Lee, N.J. PAR announced the sale Dec. 28 and said ORBCOMM (NASDAQ: ORBC) will pay $6 million in cash and stock with
Chobani maker gears up for expansion projects
SOUTH EDMESTON — Agro Farma, Inc., maker of Chobani yogurt, ended 2011 with a bang. On Dec. 16, the company announced it had cemented plans to expand its production plant in South Edmeston, and just days later on Dec. 19, the company broke ground on a new 940,000-square-foot, high-capacity production facility in Twin Falls, Idaho.
Acquisition adds Brazilian firm to Cooper Crouse-Hinds
SYRACUSE — Cooper Industries has added a newly acquired Brazilian manufacturer to its Syracuse–based Cooper Crouse-Hinds division. Cooper Industries (NYSE: CBE), based in Dublin, Ireland,
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