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Manufacturing & Engineering
BAE to produce electric-drive systems for transit buses
ENDICOTT, N.Y. — El Dorado National (California)(ENC) plans to use the Gen3 product line from BAE Systems for its next-generation, battery-electric and hydrogen fuel cell transit. ENC is a subsidiary of Brookfield, Wisconsin–based REV Group (NYSE: REVG). BAE Systems manufactures heavy-duty electric propulsion systems. “BAE Systems and ENC have worked together for years to help […]
Biden visits OCC, calls Micron’s investment “one of the most significant” in American history
Micron describes itself as one of the world’s largest semiconductor companies and the only U.S.–based manufacturer of memory. “It’s the largest investment in American history
ConMed sales rise more than 10 percent in Q3
ConMed Corp. (NYSE: CNMD) on Wednesday reported that its net sales rose 10.6 percent to $275.1 million in the third quarter, boosted by acquisitions it
FAA authorizes NUAIR to fly civilian drones between Syracuse and Rome
ROME, N.Y. — The Federal Aviation Administration (FAA) has authorized the drone test site at Griffiss International Airport in Rome to fly civilian drones beyond
Saab wins Navy contract of more than $173M
DeWITT, N.Y. — Saab Inc. in DeWitt was recently awarded a nearly $173.2 million contract from the U.S. Navy for the procurement of production, test, and delivery of the MK-39 Mod 3 Expandable Mobile Anti-Submarine Warfare Training Target (or EMATT) and engineering services. The firm-fixed-price, cost-plus-fixed-fee, and cost-reimbursement provisions include options that if exercised, will
Lockheed Martin boosts quarterly dividend for Q4
The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a fourth-quarter, 2022 dividend of $3 per share, up 7.1 percent from the $2.80 a share that the defense contractor paid in the third quarter of this year. The new dividend is payable on Dec. 30, to holders of record as of the close
New York oat production rises nearly 40 percent this year
New York farms are estimated to have produced 2.75 million bushels of oats in 2022, up 39.7 percent from 1.97 million bushels last year, according to a Sept. 30 report from the USDA National Agricultural Statistics Service (NASS). Yield per acre for oats in New York state fell 20 percent to 54 bushels this year
New York manufacturing index falls further in October to -9.1
A leveling off of shipments and future pessimism are among the factors contributing to an 8-point drop in the general business-conditions index of the October Empire State Manufacturing Survey. This came after the index had climbed 30 points to -1.5 in September. The general business-conditions index is the monthly gauge of New York’s manufacturing sector. The
Workers end strike at Amphenol Aerospace in Sidney
SIDNEY, N.Y. — About 700 employees at Amphenol Aerospace in Sidney on Wednesday approved a new contract deal with the manufacturer and ended a strike
Schumer wants to eliminate Chinese semiconductor chips from all U.S. supply chains
DeWITT, N.Y. — U.S. Senate Majority Leader Charles Schumer (D–N.Y.) on Tuesday said he wants to limit the use of semiconductor chips made in China,
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