Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Daimler to cease production of Orion buses
ORISKANY — Daimler Buses said today it will wind down production of its Orion transit buses in the United States and Canada, leaving an uncertain
Profit, sales dive again at DeWitt’s Anaren
DeWITT — Profit fell more than 41 percent in the latest quarter at Anaren, Inc. (NASDAQ: ANEN) of DeWitt. The company earned $2 million in
MACNY announces 2012 Wall of Fame inductees
SYRACUSE — The Manufacturers Association of Central New York (MACNY) has announced three inductees to its 2012 Manufacturers Wall of Fame. James Malvaso of the Raymond Corporation, Brian O’Shaughnessy of Revere Copper Products, Inc., and Robert Barbero of ESCO will accept their awards at MACNY’s 99th Annual Dinner on May 10 at the Syracuse Oncenter.
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
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.