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Manufacturing & Engineering
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,
Canadian manufacturing company plans to add jobs at Binghamton plant
BINGHAMTON, N.Y. — A new deal for a Canadian company with a manufacturing facility in Binghamton will lead to new jobs in the Southern Tier.
White House Infrastructure Coordinator Landrieu hears details about I-81 project in Syracuse visit
SYRACUSE, N.Y. — Area officials with a stake in the upcoming Interstate 81 viaduct-replacement project shared details with Mitch Landrieu, infrastructure coordinator at the White
New York manufacturing index slides further in October
The Empire State Manufacturing Survey general business-conditions index fell 8 points to -9.1 in October. The index had climbed 30 points to -1.5 in September.
Three Syracuse startups and one from Binghamton are among the 12 finalists in FuzeHub’s upcoming commercialization competition, set for the Buffalo Niagara Convention Center on
BAE Systems to provide electric-drive products for transit buses in Southern California
ENDICOTT, N.Y. — BAE Systems, which manufactures heavy-duty electric propulsion systems, will provide El Dorado National (California)(ENC) with its Gen3 product line for its next-generation,
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