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Manufacturing & Engineering
Lockheed’s Syracuse–area plant wins $129M contract modification
SALINA, N.Y. — The U.S. Army has selected the Salina plant of Lockheed Martin Corp. (NYSE: LMT) for a $129 million modification to a previously awarded contract for six radar systems and related equipment and services for the military of Romania. This modification also provides for spare parts, tool kits, remote computer display units, integrated […]
PAR’s strong Q1 revenue offset by operating costs
NEW HARTFORD, N.Y. — Last year’s acquisition of loyalty and guest-engagement platform Punchh paid off in double-digit sales growth in the first quarter of 2022 for PAR Technology Corp. (NYSE: PAR), but a number of factors still led to an overall net loss in the period. PAR revenue increased 47.4 percent to $80.3 million in
N.Y. manufacturing index turns negative again on falling new orders
A “sharp reversal” in the indexes measuring new orders and shipments sent the monthly gauge of the state’s manufacturing sector back into negative territory. The Empire State Manufacturing Survey general business-conditions index plunged 36 points to -11.6 in May, pointing to contraction in manufacturing activity. The index had climbed by the same number of points to 24.6
Picente passes on bid for Congress, focuses energy on county initiatives
He said that “Washington is broken” and has often made it harder for him to do his job and move the community forward. In spite
Barton & Loguidice opens Utica office
UTICA, N.Y. — Barton & Loguidice, D.P.C. — a Salina–based engineering, planning, environmental, and landscape-architecture firm — has opened a new office at 70 Genesee
Herkimer County IDA hosts meeting to share food-processing study findings
HERKIMER, N.Y. — The Herkimer County Industrial Development Agency, in partnership with New York-based food systems consultant KK&P, will soon discuss the findings from a
Utica unveils signs for its prosperity initiative projects
UTICA, N.Y. — Utica Mayor Robert Palmieri recently gave an update on the city’s Utica Prosperity Initiative projects. The city developed the initiative after soliciting
Grow-NY business competition seeks applicants for fourth round
ALBANY, N.Y. — The Grow-NY food and agriculture competition is accepting applications for the fourth round of the business contest. The initiative seeks to connect
New York manufacturing index plummets back into negative territory in May
The Empire State Manufacturing Survey general business-conditions index plunged 36 points to -11.6, pointing to contraction in manufacturing activity. The index — the monthly gauge
Greater Binghamton Chamber honors five for business and community leadership
BINGHAMTON, N.Y. — The Greater Binghamton Chamber of Commerce held its 58th annual dinner last Thursday, May 12 at the DoubleTree by Hilton Binghamton and
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