Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
ConMed to acquire Viking to expand surgical-video offerings
UTICA — ConMed Corp. (NASDAQ: CNMD) announced Aug. 14 it will acquire Westborough, Mass.–based Viking Systems, Inc. (OTCBB: VKNG) for about $22.5 million in a
Utica Aud spruces up seats, lighting in nearly $800,000 renovation project
UTICA — Over the past several years, the Utica Memorial Auditorium (the Aud) has undergone a great deal of work behind the scenes including a new heating and air-conditioning system. Now, the Aud is getting a little more visible facelift with an almost $800,000 project to replace seats and swap out old lights for more
Griffiss utility launches plant retrofit project
ROME — A $20 million project to retrofit Griffiss Utility Services Corporation’s (GUSC) steam plant to burn wood chips in addition to its current natural gas and oil options should result in big savings for the utility provider and the Griffiss Business and Technology Park tenants it services, the utility says. GUSC Energy, Inc., a
Do you really know what your IT department is doing?
How do you know that the decisions your information-technology (IT) department makes and actions it takes are in the best interest of your business. Are
North Country manufacturer’s 110 years of growth, change hasn’t yet hit a Climax
In January 1902, Michigan played Stanford at the Rose Bowl in Pasadena, Calif. It was the first college bowl game. In April, Leon Serpollet set a new car land-speed record of 75.06 miles-per-hour. In August, Teddy Roosevelt was the first U.S. president to ride in an automobile. That same year, Samuel L. Hirschey founded the
New York manufacturing index plunges below zero in August
Business conditions for New York manufacturers fell apart in August, according to a monthly survey from the Federal Reserve Bank of New York. The general business conditions index in the New York Fed’s Empire State Manufacturing Survey, which was released Aug. 15, plummeted 13.2 points to -5.9. It is the first time the index dropped
Small-business optimism slips again in July
Sagging earnings underpinned a dip in small-business owners’ optimism in July, according to a monthly index from the National Federation of Independent Business (NFIB). The NFIB reported that its Small Business Optimism Index slipped 0.2 points to 91.2, remaining at “recession levels.” It has declined for three consecutive months, although July’s decrease is smaller than
Nonprofits face pressure to merge or affiliate
“In business, you have to lead, follow or get out of the way.” — Lee Iacocca Gov. Cuomo has taken dead aim at the nonprofit sector in New York State, with particular emphasis on those agencies funded with state dollars. After issuing an executive order in January on CEO compensation and administrative cost
HERKIMER — Annese & Associates, Inc. has been expanding into New England in recent years and company leaders are making plans to open an office there. The firm began its expansion into New England by pursuing work in Vermont in 2010, Annese President and CEO Ray Apy says. The company has an office in the
Clarkson becomes satellite of SU assessment center
POTSDAM — Clarkson University is now a satellite of the Syracuse University (SU) Industrial Assessment Center. SU’s L.C. Smith College of Engineering and Computer Science
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.