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Manufacturing & Engineering

N.Y. manufacturing index plunges on sharp decline in orders, shipments

A large drop in both orders and shipments were among the factors contributing to a 42-point decline to -31.3 in the general business-conditions index of the August Empire State Manufacturing Survey.  It represents the second-largest monthly decline in the index on record, the Federal Reserve Bank of New York said.  The August reading — based on

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Indium’s Vareha-Walsh named to national industry association board

CLINTON, N.Y. — Donna Vareha-Walsh, director of global supply chain and international trade compliance at Indium Corporation, was recently elected to the American Tin Trade Association board of directors. Formed in 1928, the American Tin Trade Association (ATTA) meets twice a year to promote the best interests of those engaged in the production, distribution, transportation,

AIS wins nearly $9 million Air Force contract for software

ROME, N.Y. — Assured Information Security Inc. (AIS) of Rome has been awarded a nearly $9 million from the U.S. Air Force for Lotus software. The cost-plus-fixed-fee completion contract involves AIS performing research and development for the evaluation, integration, and demonstration of secure processors, in addition to completing research and development for the hardware and

CNY Biotech Accelerator selects teams for Medical Device Innovation Challenge

SYRACUSE — Upstate Medical University’s CNY Biotech Accelerator (CNYBAC) has selected the teams for its 2022 Medical Device Innovation Challenge (MDIC). The MDIC teams will participate in the Empire State Development grant-supported program, which is now in its sixth year, per a June 27 announcement on Upstate’s website. The MDIC review committee — a select

Lockheed Martin’s Salina plant wins more than $17 million Navy order for submarine equipment

SALINA , N.Y.— Lockheed Martin Corp.’s (NYSE: LMT) facility in suburban Syracuse recently won a more than $17.35 million cost-plus-incentive-fee delivery order to a previously awarded contract from the U.S. Navy. The indefinite-delivery/indefinite-quantity contract is for the procurement of submarine -modernization kits, equipment, and installation, according to a July 28 U.S. Department of Defense contract

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