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Manufacturing & Engineering

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The Raymond Corporation

Raymond Corporation, Toyota Material Handling to integrate

GREENE, N.Y. — The Raymond Corporation, which Toyota Material Handling acquired in 2001, will fully integrate with Toyota into one company under the name Toyota Material Handling North American (TMHNA) effective April 1, the companies recently announced. “We’re combining into one functional corporate organization,” says Michael Field, current president and CEO of Raymond. The company,

Charles Schumer NSTC

Albany NanoTech to use $825M for R&D in national semiconductor tech center

ALBANY, N.Y. — Albany NanoTech is the first flagship facility of the National Semiconductor Technology Center (NSTC). It follows a final agreement between NY CREATES, Natcast, and the U.S. Department of Commerce. The pact means $825 million in federal research and development (R&D) investment from Schumer’s CHIPS & Science Law, the office of U.S. Senate

Lockheed-martin-logo

Lockheed Martin Owego wins nearly $19M Navy order

OWEGO, N.Y. — Lockheed Martin Rotary and Mission Systems in Owego was recently awarded an almost $19 million cost-plus-fixed-fee delivery order against a previously issued basic ordering agreement from the U.S. Navy. This order procures the delivery of two initial structural modification kits for the MH-60S Seahawk helicopters, and it will provide the non-recurring engineering

Digital Hyve co-founders, Weitsman launch new AI venture

SKANEATELES, N.Y. — Arcovo AI, which is described as an artificial intelligence (AI)-automation agency, has launched operations with the backing of three area entrepreneurs. The new venture is “dedicated to leveling the playing field for local and regional businesses by providing advanced workflow AI automation solutions tailored to their unique needs to help them save

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