Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
SUNYIT adds civil engineering program
MARCY — The State University of New York Institute of Technology (SUNYIT) at Utica-Rome will offer a new bachelor’s degree program in civil engineering starting
Mohawk Global moves into new headquarters
SYRACUSE — Mohawk Global Logistics has finished its relocation to a new headquarters at 123 Air Cargo Road, the former US Air reservation center on
U.S. Green Building Council head to attend Hotel Skyler LEED ceremony
SYRACUSE — The head of the U.S. Green Building Council will be on hand in mid-February to help recognize Hotel Skyler for its green design and construction. S. Richard Fedrizzi, the founding chair of the Washington, D.C.–based Green Building Council and the organization’s president and CEO, will help honor Hotel Skyler for receiving the council’s
Anaren cuts jobs as profit, sales decline
DeWITT — Declining sales and profit forced job cuts at DeWitt–based Anaren, Inc. (NASDAQ: ANEN) in recent months. The company has reduced its workforce of 1,000 employees by 15 percent since July, saving about $5 million on salaries and benefits. Anaren, which has locations in the Syracuse area, New Hampshire, Colorado, and China, did not
Profit tumbles more than 74 percent at Anaren
DeWITT — Profit at Anaren, Inc. (NASDAQ: ANEN) slumped nearly 75 percent in the company’s fiscal second quarter to $1.2 million, or 8 cents a
Speedy Awards relocates to Crossroads Plaza
NEW HARTFORD — Speedy Awards & Engraving, Inc. has a new home and plans to add some new products as the company’s owners work to continue the growth they generated in 2011. Speedy co-owners Anthony (Tony) and Lyn Taurisano, who are brother and sister, found out in September they would need to find a new
PAR completes sale of logistics-management subsidiary
NEW HARTFORD — PAR Technology Corp. (NYSE: PAR) completed the asset sale of its PAR Logistics Management Systems (PAR LMS) subsidiary to ORBCOMM, Inc. (NASDAQ: ORBC) on Jan. 12. The sale is valued at about $6 million in cash and ORBCOMM common stock, with the potential for an additional earn-out of $4 million. “We are
CVI takes over Sheltered Workshop services
BINGHAMTON — Johnson City–based Country Valley Industries (CVI) has taken over as service and contract provider for Sheltered Workshop’s location at 203 Court St. in Binghamton. “They were a long-standing organization that provided services to the same population we service,” says David Markie, vice president at CVI. When Sheltered Workshop decided not to continue services,
N.Y. manufacturers’ business conditions improve again in January
New York manufacturers reported improving business conditions in January, including increasing orders and higher selling prices, according to a survey from the Federal Reserve Bank of New York. The January 2012 Empire State Manufacturing Survey’s general business conditions index rose 5.3 points to 13.5. That beat market expectations of 10 for the index, according to
Welch Allyn fills two chief officer spots
SKANEATELES FALLS — Welch Allyn has appointed two employees to chief officer positions, the medical-device manufacturer said today. The company named Scott Gucciardi executive vice
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.