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Manufacturing & Engineering
New York manufacturing index dips 1 point in November
The Empire State Manufacturing Survey general business conditions index declined to 2.9 in November from 4.0 in October. The November reading, based on firms responding to the survey, indicates “business activity was little changed in New York,” the Federal Reserve Bank of New York said in its Nov. 15 report. A positive number indicates expansion […]
ConMed to pay Q4 dividend of 20 cents a share in early January
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 fourth quarter. The dividend will be payable on Jan. 7 to all shareholders of record as of Dec. 13. At the company’s current stock price,
People news: SRC hires director of procurement
Gloss will lead the development and execution of an effective sourcing and supply chain management strategy to support the business enterprise and “maintain SRC’s high
SUNY Oswego to use $1 million SRC donation for endowed professorship in engineering
SRC is a nonprofit corporation headquartered in Cicero that focuses on areas that include defense, environment, and intelligence. “SRC’s support for an endowed professorship at
State awards Port of Oswego $15M in funding for export center
OSWEGO, N.Y. — Gov. Andrew Cuomo has announced $15 million in state funding for the construction of the Central New York Agriculture Export Center at
Council to join ConMed board in December
UTICA — ConMed Corporation (NASDAQ: CNMD), a Utica–based surgical-device maker, recently announced that LaVerne Council will join its board of directors, effective Dec. 1. Council is the national managing principal of enterprise technology strategy & innovation at Grant Thornton LLP, a large accounting and advisory firm based in Chicago. She previously served as the senior
PAR expects acquisition of Florida software firm to close in Q4
NEW HARTFORD — ParTech Inc. expects its deal to acquire a Tampa, Florida–based restaurant software company will close “during the fourth quarter of 2019.” The company on Nov. 7 announced it had agreed to acquire AccSys, LLC, also known as Restaurant Magic, for $42 million. ParTech is a wholly owned subsidiary of New Hartford–based PAR
Syracuse, three Ithaca firms win prize money in Grow-NY contest; Geneva firm wins grand prize
ROCHESTER, N.Y. — Dropcopter, a tenant of Syracuse’s Tech Garden, on Wednesday captured one of two $500,000 prizes at the pitch event of the inaugural
Syracuse firm is runner-up in IDEA NY business-accelerator competition in Mohawk Valley
ROME, N.Y. — PreVision Corp. from Syracuse won $100,000 as the runner-up in the IDEA NY business-accelerator competition. United Aircraft Technologies (UAT) of Albany won
SYRACUSE, N.Y. — The Tech Garden in downtown Syracuse will add two floors, and the state-supported 50-mile drone corridor between Syracuse and Rome is complete.
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