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New York manufacturing index turns negative again in October
A benchmark gauge of manufacturing activity in New York state slipped into negative territory again in October, pointing to a decline in the sector. The general business-conditions index of the October Empire State Manufacturing Survey fell 7 points to -4.6 on factors that included declines in new orders, shipments, and unfilled orders. The index had […]
IAED hopes to soon hit funding goal of 5-year investment initiative
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) has reached 65 percent of its $2.1 million goal in its five-year investment initiative and hopes to reach the goal over the next few months. IAED announced the public launch of its five-year investment initiative — Th!nk Tompkins — on Sept. 21 during a private reception held
Naturally Lewis, Inc. unites county economic-development groups
LOWVILLE, N.Y. — The organizations leading economic-development efforts in Lewis County have formed a new nonprofit called Naturally Lewis, Inc. The groups have been using the phrase Naturally Lewis to brand their efforts and how now adopted the name for the nonprofit organization. The County of Lewis Industrial Development Agency (LCIDA), Lewis County Development Corporation
CNY Ronald McDonald House seeks to boost capacity with $1M project
SYRACUSE, N.Y. — It’s expected that construction work on a $1 million renovation project at the Central New York Ronald McDonald House will begin this fall. Ronald McDonald House Charities of Central New York (RMHC of CNY) on Sept. 21 announced it is planning the project to create new family suites. The effort seeks to
Luminary Electrical owner named NY minority entrepreneur of year
SYRACUSE, N.Y. — Owner Shawni Davis says the summer is always the busiest season for Luminary Electrical. She noted that the electrical contractor is doing work for the new stadium project for the Buffalo Bills, a project at the Corning Museum of Glass, and the ongoing work on rest stops along the New York State
SUNY uses sustainability bonds to raise $113M for its residency-hall program
ALBANY, N.Y. — SUNY says the Dormitory Authority of the State of New York (DASNY) raised $113 million to support SUNY’s residence-hall program. DASNY raised the funding through its first-ever issuance of sustainability bonds, per a Sept. 13 announcement. The authority issued SUNY dormitory facilities revenue bonds with a sustainability designation. SUNY will use proceeds
OCC unveils plans for its Micron cleanroom simulation lab
ONONDAGA, N.Y. — Onondaga Community College (OCC) on Thursday outlined plans for its Micron cleanroom simulation lab, which will be located in the school’s Whitney
SUNY waives prospective student application fee through Oct. 29
ALBANY, N.Y. — SUNY announced it has waived application fees for students applying for admission to its colleges and universities through Oct. 29. That means
Rome Capitol Theatre receives $40K from Oneida County for HVAC upgrades
ROME, N.Y. — The Oneida County government has awarded $40,000 in American Rescue Plan Act funding to the Capitol Theatre to upgrade its heating, ventilation,
Broome County IDA to purchase land for development park
BINGHAMTON, N.Y. — The Broome County Industrial Development Agency (IDA) board of directors voted at its October board meeting to purchase three parcels in the
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