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Manufacturing & Engineering
State provides $20 million to support next phase of NextFlex involving Binghamton University
VESTAL, N.Y. — New York State is spending $20 million to support the next phase of the federally sponsored NextFlex initiative, dedicated to developing flexible
ConMed posts nearly 11 percent sales growth in Q3, ups guidance
ConMed Corporation (NYSE: CNMD) recently reported robust third-quarter earnings that pushed company executives to inch up guidance for the company’s full-year earnings. The medical-device manufacturer
Lockheed Martin Owego wins nearly $380M Navy order for helicopters for Spain
OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) in Owego was recently awarded a $379.6 million firm-fixed-price order from the U.S. Navy against a previously issued basic ordering agreement. This order provides for the production and delivery of eight MH-60R Seahawk helicopters for the government of Spain, according to an Oct. 12 contract announcement from
TTM Technologies selects DeWitt for $130M manufacturing plant, creating 400 jobs
DeWITT, N.Y. — TTM Technologies, Inc. which already has a production facility in DeWitt, has selected the town for a new high-tech manufacturing facility that
Binghamton, East Syracuse firms win funding in FuzeHub’s commercialization competition
SARATOGA SPRINGS, N.Y. — A Binghamton startup captured the top funding prize during the FuzeHub commercialization competition held Oct. 16-17 in Saratoga Springs. The event
Oneida County awards $250K in funding for Rome skatepark project
ROME, N.Y. — Oneida County has awarded $250,000 in American Rescue Plan Act (ARPA) funding to assist in the construction of a skatepark in Rome
Indium Corp. announces apprenticeship-program graduates
UTICA, N.Y. — Indium Corporation recently celebrated the first eight graduates of its apprenticeship program with an Oct. 18 event at the company’s facility at Lincoln Avenue in Utica. Representatives from external program partners, including MACNY – The Manufacturers Association of Central New York and Mohawk Valley Community College (MVCC), were also on hand. Launched
Lockheed Martin’s suburban Syracuse plant wins more than $46M radar contract from U.S. Navy
SALINA, N.Y. — Lockheed Martin Rotary and Mission Systems in Salina was recently awarded a more than $46.4 million contract from the U.S. Navy for the digital expanded, ultra-high frequency, multiple input, multiple output optimized radar. This cost-plus-fixed-fee contract provides for the development of advanced radar-technology solutions applicable to both next-generation platforms and current generation
Lockheed Martin to pay Q4 dividend of $3.15 per share in late December
The Lockheed Martin Corp. (NYSE: LMT) board of directors has declared a fourth-quarter, 2023 dividend of $3.15 a share. The dividend is payable on Dec. 29, to holders of record as of the close of business on Dec. 1, according to an Oct. 6 company news release. At Lockheed’s current stock price, the dividend yields
OCC to soon start construction of Micron cleanroom simulation lab
ONONDAGA, N.Y. — Onondaga Community College (OCC) expects construction will begin in November on the upcoming Micron cleanroom simulation lab, which will be located in the school’s Whitney Applied Technology Center. OCC on Oct. 19 hosted an event at which it released renderings and outlined plans for the lab. The school expects the construction effort
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