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Manufacturing & Engineering

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SRC wins $14.5 million Air Force contract for MDACE technology

CICERO, N.Y. — SRC, Inc. has been recently awarded a nearly $14.5 million contract from the U.S. Air Force for Multi-Domain Agile Condor Enhancements (MDACE) software prototype/hardware. SRC is a nonprofit corporation headquartered in Cicero that focuses on areas that include defense, environment, and intelligence. The cost-plus-fixed-fee contract provides for the research and development of

USDA launches $100M loan-guarantee program to expand meat and poultry processing capacity

The United States Department of Agriculture (USDA) on Oct. 4 announced that the department is planning for another $100 million in funding from the American Rescue Plan Act.  The money would leverage hundreds of millions more in lending through community and private-sector lenders to expand meat and poultry processing capacity and finance other food supply-chain

What’s in a name? North Carolina firm that’s building chip fab on SUNY Poly campus now called Wolfspeed

The company that’s building its $1 billion Mohawk Valley Fab near Utica is now operating under a new name.  Durham, North Carolina–based Cree Inc. has changed its name to Wolfspeed, Inc. (NYSE: WOLF). The renamed firm specializes in silicon-carbide technology and production. The Mohawk Valley Fab — which is under construction at the Marcy Nanocenter on the

HealthWay hopes private-equity firm can help it reach the next level

PULASKI — HealthWay president Vinny Lobdell, Jr. believes that the time was right to find a partner that could help his company “reach the next level.” “AE Industrial has the industry and operational expertise, and deep relationships needed to build a premier global air purification technology solutions platform,” Lobdell said.  He’s referring to private-equity firm

Dannible to hold manufacturing conference virtually on Oct. 21

SYRACUSE — Syracuse–based accounting firm Dannible & McKee, LLP is set to host its annual manufacturing conference as a virtual event on Oct. 21 from 8:30 a.m. to 12 p.m. Described as an “industry-focused” conference, it will include presentations on the latest industry trends and economic outlook, concepts and techniques for effective budgeting and planning,

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