Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Canadian company plans job expansion at Binghamton plant
BINGHAMTON, N.Y. — With an infusion of investor cash, CMP Advanced Mechanical Solutions of Canada is reequipping its Binghamton plant to better match the industries it serves and will create new jobs in the process. The company opened the Binghamton location in 2006 and primarily performed work for the semiconductor industry, says Jarrod Connolly, director […]

Gaetano Construction and C2C Construction are acquired by Rochester firm
UTICA, N.Y. — A Rochester company has acquired the Utica–based construction business Charles A. Gaetano Construction Corp. and its spinoff company C2C Construction Solutions LLC.

Wolfspeed announces partnership with Jaguar Land Rover for chips produced at Mohawk Valley Fab site
MARCY, N.Y. — Wolfspeed, Inc. has announced a strategic partnership with Jaguar Land Rover to supply silicon-carbide semiconductors produced at the new Mohawk Valley Fab

New director announced for MACNY affiliate Partners for Education & Business
DeWITT, N.Y. — MACNY, the Manufacturers Association, has announced the hiring of Dr. Tanya Eastman as director of Partners for Education & Business, Inc., an

Quanterion Solutions lands $150,000 Air Force contract
UTICA, N.Y. — Quanterion Solutions has been awarded a $150,000 U.S. Air Force Small Business Innovation Research (SBIR) effort to support the Air Force Research Laboratory (AFRL) Information Directorate’s research of the “Secure Internet of Things (IoT) Operational Planning Environment (SIoTOPE).” The project revolves around building IoT capabilities for the Air Force and pioneering integration

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
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.