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Feldmeier Equipment to build new plant in Little Falls, create 80 new jobs

LITTLE FALLS —Feldmeier Equipment, Inc. of DeWitt, which specializes in the fabrication of stainless-steel storage and processing equipment, today began construction on a “significant” expansion of the company’s operations in Little Falls.   Gov. Andrew Cuomo today announced the project in a news release.   The expansion will result in the creation of 80 new

Upstate Shredding acquires Ithaca scrap yard

ITHACA — Upstate Shredding, LLC, the largest, privately owned scrap dealer on the East Coast, and its sister business Ben Weitsman & Son, Inc. announced the acquisition of the assets of Reamer Recycling, Inc. in Ithaca.   The all-cash transaction will close in about a month, Upstate Shredding said in a news release. It didn’t

EFC okays loans for wastewater-improvement project in Union Springs

The New York State Environmental Facilities Corp. (EFC) has approved a low-cost financing package to improve the wastewater treatment and collection systems in the Cayuga County village of Union Springs.   The EFC board of directors approved an interest-free loan worth more than $560,000, along with an additional three-year loan of a similar amount at

Matco Electric sales soar

VESTAL — “From 2008 until 2011, [our] sales averaged in the $50 million [a year] range,” says Kenneth (Ken) Elliott, the CEO of Matco Electric Corporation, Inc. “In 2012, we experienced a 50 percent jump.”   The company, formerly located in a 17,000-square-foot building on N. Jensen Road, moved its headquarters in April to a

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