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Manufacturing & Engineering
BAE Systems to provide nearly 500 more electric-hybrid systems for Quebec transit buses
ENDICOTT, N.Y. — BAE Systems on Tuesday announced it will provide nearly 500 additional electric-drive propulsion systems for electric-hybrid buses in Quebec. Association du transport
ConMed reports better-than-expected Q2 profit
UTICA — ConMed Corp. (NASDAQ: CNMD), a Utica–based surgical-device maker recently reported net earnings of $8.7 million in the second quarter, up 42 percent from $6.1 million in the year-ago period, led by strong revenue growth and margin expansion. The firm’s earnings per share rose 36 percent to 30 cents from 22 cents a year
BIGNAME Commerce to launch operations in former Carrier building in DeWitt
DeWITT, N.Y. — Empire State Development (ESD) on Thursday announced that BIGNAME Commerce, LLC will move its printing and ecommerce business from Long Island to
Crouch promoted to GM of BCI Empire Division
DeWITT, N.Y. — Buckeye Corrugated Inc. (BCI), a packaging company, has promoted Jason Crouch to division general manager of the BCI Empire Division. He joined
Ichor Therapeutics announces initiatives, including LaFayette expansion, $1M life-sciences fund
LAFAYETTE, N.Y. — Ichor Therapeutics, located at 2521 Route 11 in LaFayette, on Thursday announced plans to expand its operation. The firm also heralded the
CICERO, N.Y. — SRC is hoping to fill more than 200 positions “over the next year” for its U.S. Army contracts, including a new $32
Lockheed Martin to spend $5 million on vocational trade programs
Lockheed Martin Corp. (NYSE: LMT) has announced plans to spend $5 million on vocational and trade programs and create 8,000 new apprenticeship opportunities over the
DeWitt manufacturer laying off 51
DeWITT, N.Y. — Advanced Motors and Drives is laying off 51 of 74 workers between August and March. The DeWitt maker of electric pump motors
Lockheed Martin wins $25M add-on to undersea warfare combat system contract
Lockheed Martin’s (NYSE: LMT) Rotary and Mission Systems unit has recently awarded a nearly $25.4 million modification to a previously awarded contract from the U.S. Navy. It will exercise an option and provide incremental funding in support of the continued development, integration, and production of the Navy’s AN/SQQ-89A(V)15 Surface Ship Undersea Warfare (USW) System, the U.S.
New York manufacturing index declines in July
Reading still shows “robust growth in the industry” The Empire State Manufacturing survey general business-conditions index dipped more than 2 points to 22.6 in July from 25 in June, which was an eight-month high. The latest reading still indicates that manufacturing business activity “continued to grow at a fairly brisk pace in New York” in
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