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Manufacturing & Engineering

New York manufacturing index slips 15 points in October

Still indicates solid sector growth       The Empire State Manufacturing Survey general business-conditions index fell 15 points to 19.8 in October, “pointing to a slower pace of growth than last month.”  The index — the monthly gauge of New York’s manufacturing sector — missed economists’ expectation of a reading of 25, according to a survey […]

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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

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