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International Wire Group to acquire Pennsylvania copper company
CAMDEN, N.Y. — International Wire Group (IWG), a member of the Olympus Partners and Atlas Holdings portfolio, entered into a purchase agreement to acquire Hussey Copper of Leetsdale, Penn. “This acquisition represents our steadfast commitment to broadening our presence in the electrical infrastructure ecosystem,” IWG CEO Gregory Smith said in a press release announcing the […]
Cornell University launching layoffs, citing “profound financial challenges”
ITHACA, N.Y. — Cornell University says it’s facing “profound financial challenges” and is taking several steps that will “reduce Cornell’s workforce,” something the university calls
Semikron Danfoss announces Marcy downsizing initiative
MARCY, N.Y. — Semikron Danfoss plans to ramp-down production at its facility in Marcy as part of a controlled scale-down over the remainder of the
Cayuga Milk Ingredients formally opens $270M expansion near Auburn
AURELIUS, N.Y. — Cayuga Milk Ingredients (CMI) on Wednesday formally opened its $270 million expansion following a two-phase project in the town of Aurelius in Cayuga County, near Auburn. The new facility will allow the company to more than double its workforce, adding up to 150 new jobs to the existing workforce of 100 employees,
Air Force’s Rome Lab generated nearly $600 million economic impact in latest fiscal year
ROME, N.Y. — The Air Force Research Laboratory Information Directorate in Rome had a $599 million economic impact on the Utica-Rome and Syracuse metropolitan statistical
MACNY Talent Development Awards honor contributions to workforce excellence
SYRACUSE, N.Y. — MACNY, The Manufacturers Association celebrated its 2025 Talent Development Awards on Monday, June 16 at The Milton J. Rubenstein Museum of Science and Technology (The MOST). MACNY co-hosted the event, which celebrated students, educators, and employers in the region, with Partners for Education & Business, Inc. (PEB). “This celebration reflects the strength
New York manufacturing activity declines for a fourth straight month in June
The Empire State Manufacturing Survey general business conditions index fell to -16.0 in June, with business activity in the sector declining for a fourth consecutive month. In the past few months, the index dipped to -9.2 in May after rising 12 points but remaining below zero at -8.1 in April. The index fell 26 points
Raymond celebrates youth apprenticeship graduates
GREENE, N.Y. — The Raymond Corporation’s Youth Apprenticeship Program recently celebrated five graduates from the program, which offers high-school juniors and seniors a hands-on learning experience. In collaboration with Broome-Tioga Boards of Cooperative Educational Services (BOCES), students spend two years at Raymond’s headquarters and expand their knowledge in fields including engineering, finance, and manufacturing while
St. John Fisher University’s Wegmans School of Nursing earns 10-year reaccreditation
PITTSFORD, N.Y. — The Commission on Collegiate Nursing Education (CCNE) has reaccredited the Wegmans School of Nursing at St. John Fisher University. The school earned
Two ESF alumni to donate $2 million to school fundraising campaign
SYRACUSE, N.Y. — Two 1979 graduates of the SUNY College of Environmental Science and Forestry (ESF) plan to donate $2 million to the recently announced
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