Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
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,
SKANEATELES FALLS — Welch Allyn President and CEO Julie Shimer will retire at the end of 2012. “After a long and fulfilling career that has lasted more than 30 years and offered the opportunity to work for wonderful companies in a number of different capacities , I am looking forward to retirement and the opportunity
Former employees of Fulton’s Birds Eye plant can apply for federal aid
FULTON — Almost 300 workers who lost their jobs when the Birds Eye plant in Fulton shuttered Dec. 16 will be able to apply for
Auburn manufacturer in ‘holding pattern’ on plant expansion
AUBURN — Currier Plastics’ plans to expand its facility in Auburn are in limbo while the company waits to learn the status of $1.75 million in state aid. The manufacturer is trying to find out why it did not receive a $750,000 capital grant it applied for through New York’s Regional Economic Development Council initiative.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.