Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

SRC’s Brown selected as MACNY’s 2020 Innovator of the Year
Daniel Brown was nominated by his co-worker, Chris Capraro, for his “innovative developments in machine learning and neuromorphic computing,” per a MACNY news release. SRC is a nonprofit corporation headquartered in Cicero that focuses on areas that include defense, environment, and intelligence. “From all of us at MACNY, I would like to congratulate Dan and […]

ADK Barrel plans to expand, relocate from Remsen to Utica’s Bagg’s Square
UTICA, N.Y. — Adirondack Barrel Cooperage, LLC (ADK Barrel) is planning to expand and move from its current home to a site in downtown Utica’s

ConMed cuts Q1 revenue forecast on coronavirus
UTICA, N.Y. — ConMed Corp. (NYSE: CNMD) on Tuesday reduced the first-quarter revenue expectations for its global business, based on the current status of the

MACNY announces SRC’s Daniel Brown as 2020 Innovator of the Year
DeWITT, N.Y. — MACNY, the Manufacturers Association, on Friday announced that it has selected Daniel Brown of SRC, Inc. as the 2020 Innovator of the

ConMed to pay Q1 dividend of 20 cents a share in early April
UTICA — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker, recently announced that its board of directors has declared a quarterly cash dividend of 20 cents a share for the first quarter. The dividend will be payable on April 6 to all shareholders of record as of March 16. At the company’s current stock price,

Broome County unveils new electric hybrid buses
ENDICOTT, N.Y. — Broome County announced it has deployed three new buses using electric–hybrid technology that BAE Systems produces. In recognition of Broome County Transit

BAE Systems providing power systems for up to 600 buses in Ireland
ENDICOTT, N.Y. — BAE Systems, which specializes in electric-propulsion systems, announced it will supply up to 600 electric power and propulsion systems for a new

Griffiss Institute announces eight startups for next AFRL Commercialization Academy
ROME, N.Y. — Griffiss Institute has announced the eight startup teams in the next group involved in the AFRL Commercialization Academy. AFRL is short for

Anchor Glass Container completes $51 million expansion in Elmira
ELMIRA, N.Y. — Anchor Glass Container Corp. (Anchor Glass) has completed a $51 million expansion of its facility in Elmira. The company is headquartered in

N.Y. manufacturing index rises in February to highest level since last May
The Empire State Manufacturing Survey general business-conditions index rose 8 points to 12.9 in February, “its highest level since May of last year.” New York manufacturing firms reported that business activity “grew at a faster pace than in recent months,” the Federal Reserve Bank of New York said in its Feb. 18 report. The February
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.