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Manufacturing & Engineering

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Buffalo private-equity firm acquires ICM Controls

CICERO, N.Y. — ICM Controls, Inc. of Cicero and its affiliates are now under the ownership of Lorraine Capital, LLC, a Buffalo–based private-equity firm. ICM Controls is a manufacturer of electronic control products. ICM, which has about 300 employees, is based in Cicero at 7313 William Barry Blvd.,  off East Taft Road. Lorraine Capital acquired

New York’s utlized production of apples fell 4 percent in 2021

ALBANY, N.Y. — New York’s utilized production of apples totaled 1.33 billion pounds in 2021, down 4 percent from 2020 as heavy rains in September probably hindered the fresh harvest, per a recent government report. That may have contributed to a lower yield and an increase in the amount of apples allocated to processing, according

Lockheed Martin’s Syracuse–area plant secures Navy contract modification

SALINA , N.Y.— Lockheed Martin Corp.’s (NYSE: LMT) plant in suburban Syracuse was recently awarded an almost $10.6 million cost-plus-incentive-fee modification to a previously awarded delivery order from the U.S. Navy. It’s a modification to an indefinite-delivery/indefinite-quantity contract for design, prototyping, and qualification testing of submarine electronic-warfare equipment, according to a May 3 contract announcement

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