Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
People news: Indium promotes Foster to associate director
CLINTON, N.Y. — Indium Corporation announced it has promoted Steve Foster to associate director, where he is responsible for implementing operational strategies to ensure plant
The $74M Syracuse STEAM School targets a 2025 opening
SYRACUSE, N.Y. — The upcoming Syracuse STEAM (science, technology, engineering, arts and math) School will be Central New York’s first regional technical high school. Officials on Dec. 7 held a groundbreaking for the $74 million project, which will open in 2025, the office of Gov. Kathy Hochul said in an announcement. The project includes a
$40M renovation converts iconic factory into Victory Lofts
JOHNSON CITY, N.Y. — The Endicott-Johnson Victory factory in Johnson City has new life following a $40 million project to renovate the facility. The project is also referred to as Victory Lofts, marking “the transformation of this historic and iconic industrial building” that’s created 156 new market-rate lofts and commercial space. Those involved in the
VIEWPOINT: Kilian Manufacturing builds a lasting legacy in bearings
The founder of Kilian Manufacturing Corporation, Frederick K. Kilian, emigrated from his native Germany in 1907, when he was only 14 years old. After settling in Watertown, he moved to Auburn, where he met and married his wife, Mary. They stayed in Auburn for several years before eventually settling in Syracuse around the close of
With new corporate ownership, Kilian looks to grow in 2024
SYRACUSE — A change in corporate ownership in 2023 has set the stage for new synergies that bearing producer Kilian Manufacturing Corp. hopes to build upon in 2024. Milwaukee, Wisconsin–based Regal Rexnord Corp. acquired Kilian’s former parent company, Massachusetts–based Altra Industrial Motion Corp., at the end of March. “We’re excited in that within the family
VIEWPOINT: 100 years strong, the history of Morse Manufacturing
Morse Manufacturing Company, a third-generation, family-owned company, celebrated its 100th anniversary in 2023. Founded by J. Mott Morse as a manufacturer of custom metal parts and stamping operations, the company became one of many that supported the burgeoning automobile industry here in Central New York. The company’s innovations included snap-foot accelerators in Ford’s Model T,
Syracuse Surge workforce graduation event honors 34 participants from three programs
ONONDAGA, N.Y. — The most recent Syracuse Surge workforce programming included 34 participants in three programs. Syracuse Surge is the city’s “strategy for inclusive growth
Saab wins nearly $16M Navy contract, with a quarter of the work to be done in DeWitt
DeWITT, N.Y. — Saab Inc. was recently awarded an almost $15.9 million firm-fixed-price contract from the U.S. Navy for the construction of underwater unmanned vehicles and associated storage containers, training naval mines, spare parts, training documentation, training, and transportation. This pact involves foreign military sales to the government of Kuwait. Work will be performed in
ConMed to pay Q4 dividend of 20 cents on Jan. 5
ConMed Corp. (NYSE: CNMD), a surgical-device maker that has roots in the Utica area, announced that its board of directors has declared a quarterly cash dividend of 20 cents per share for the fourth quarter of this year. The dividend is payable on Jan. 5, to all shareholders of record as of Dec. 18. At
Felix Schoeller North America completes $20 million project
PULASKI, N.Y. — In the fall of 2021, Felix Schoeller North America announced plans to build coater line 7, its “most advanced” silicone-coating operation at the Central New York manufacturing facility. Two years later, the $20 million project is complete and is now servicing the company’s North American customers, Operation Oswego County said in a
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.